Crypto ANIVERSE Crypto Daily News_March 22, 2024

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Published in
2 min readMar 22, 2024

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Friday, March 22, 2024
ANIVERSE Crypto Daily News💌

1. Reddit tokens surged over 15% pre-IPO
- Investors speculated on Donut (DONUT) and Moons (MOONS) as the social media platform launched its long-awaited IPO, causing the tokens to see double-digit price increases on March 21.

2. Coinbase Institutional releases Bitcoin halving primer for investors
- The Bitcoin halving, occurring every four years or upon mining every 210,000 blocks, will see miner rewards halve from 6.25 to 3.125 bitcoin per block upon reaching the 840,000 block.

3. Opensea introduces Seaport 1.6, cutting gas fees up to 5% for some transactions
- ‘Seaport hooks,’ a new feature of the upgrade, is modeled around Uniswap v4 hooks. The goal of this feature is to facilitate the development of applications that increase NFTs’ utility and liquidity.

4. Stablecoin market capitalization sets record, surpasses $150b mark
- According to CoinGecko, in addition to the growth of market capitalization to $150.5 billion, daily trading volume for the asset class approached $122 billion.

5. Nearly 50% of investors considering Solana
- In 2024, Solana accounts for 49.3% of global investor interest in blockchain ecosystems. SOL’s growth since 2021 can be credited to ecosystem projects like Pyth, and meme token Dogwifhat (WIF).

6. Coinbase announces futures trading expansion for Dogecoin, Litecoin, and Bitcoin Cash
- Through the initiative, Coinbase Derivatives aims to offer cash-settled futures contracts for these cryptocurrencies on its platform, possibly before obtaining formal approval from the CFTC.

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