UMA’s partnership with DappBack puts skyrocket price by 26%
UMA announced that they have partnered with DappBack which rewards users for participating in the development of Web3. This allows users to earn UMA tokens for completing even the most basic tasks like visiting websites and reading articles.
Right after the announcement, UMA doubled its initial price. Overall, the UMA token saw a price increase of 26.33% in the past 24 hours and grew by 108.67% over the last 7 days.
Bitcoin traders’ balances spike 4.2%
According to IntoTheBlock analytics agency, a number of traders have begun to accumulate Bitcoin on their addresses, raising their BTC balance by 4.2%. These traders have been holding for more than 30 days.
442.6 billion SHIB purchased by major ETH whale
According to WhaleStats, a crypto investor has bought 442,637,867,858 SHIB, which comprises $11,561,701. This investor now holds a staggering trillion SHIB worth $38,184,560.
Overall, the top 100 Ethereum whales are holding SHIB to the tune of 17.42% of their portfolio, which constitutes $1,558,453,796 in fiat equivalent. SHIBA INU comes second as the token with the biggest U.S. dollar value after FTX token (FTT).
Ukraine now accepts Dogecoin and Solana donations
The first-ever memecoin Dogecoin and Solana joined the list of cryptocurrencies that people can donate to the Ukrainian government.
Digital assets have become an important feature during the war between Russia and Ukraine. Until now, the Ukrainian government has raised around $35 million in crypto through over 35,000 donations.
Top 10 Daily Gainers
BCOIN has witnessed continuous growth. With an increase of 41.79% recorded in the last 24h, BCOIN is now holding the No. 1 position on the Top Gainers and Top Trending on ONUS. On the weekly chart, the coin’s price surged by 80.61%.
Following behind are TORN (up 31.09%), UMA (up 21.03%), TWT (up 11.22%),…
Bitcoin sentiment falls to its most negative point since 2020
According to recent data by the blockchain analytics company Santiment, the general sentiment toward Bitcoin has dipped to its most negative point since October 2020.
This metric implies that most traders and market pundits are engulfed in extreme fear, and they expect BTC to decline in the coming weeks.
Fed’s Powell backs quarter point March rate hike
Federal Reserve Chair Jerome Powell said on Wednesday the central bank is on track to start raising interest rates this month — likely by a quarter percentage point — in an effort to combat inflation, which is the highest it’s been in nearly 40 years.
Rate hikes could begin at the Federal Open Market Committee (FOMC) meeting scheduled for March 15-16.
SquareEnix will bring its Dungeon Siege franchise into The Sandbox
Square Enix, the Japanese game publishing and developing company, has announced a new deal with The Sandbox to allow one of its IPs to be featured in the metaverse-based platform.
The company will bring elements of Dungeon Siege — one of its oldest intellectual properties — to The Sandbox, allowing players to include these elements in their own custom-made experiences.
Tencent files for patent related to virtual concerts in Metaverse
According to business data-tracker Qichacha, Chinese tech conglomerate Tencent has continued its foray into the Metaverse after filing a virtual concerts patent with the Chinese National Intellectual Property Administration (CNIPA), despite warnings from Chinese banks and regulators.
KardiaChain announced a new partnership with MCV Group
KardiaChain is now in partnership with MCV Group to build blockchain applications in the entertainment industry.
Famous for creating relatable reality shows, MCV Group is officially joining hands with KardiaChain in their next project of a special dating app and streaming platform for their KOL line-up. This would also help increase the exposure of blockchain applications to the mass population.