Daily Crypto News

March 15 Daily Report: Bitcoin Smashes New High of Over $60K, Supply chain tokens see triple-digit gains, Long-Awaited Crypto Clarity in the US, Elon Musk’s latest tweet pumped SHIB Token by 300% and Polkadot’s Tidal Finance.

Bitcoin Smashes New High of Over $60K as Valuation Now Exceeds JPMorgan, BoA, and ICBC Combined

Over the weekend, Bitcoin crossed a crucial milestone, hitting a record-high of over $61,000 before falling back slightly. Analysts are attributing Bitcoin’s surge in price to the institutional investments that have continued to back the digital asset.

Supply chain tokens see triple-digit gains as the global economy recovers

Three logistics projects that have benefited from the improving economic outlook are OriginTrail (TRAC), Waltonchain (WTC) and Wabi (WABI). Since early February, each has seen its token price increase by up to 300%.

Lawmakers Introduce Bill To Bring Long-Awaited Crypto Clarity in the US

The law’s objective is to establish the jurisdiction of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over cryptocurrencies. The SEC oversees assets classified as security, while the CFTC is in charge of commodities.

Elon Musk’s latest canine-themed tweet pumped SHIB Token by 300%

Though the Tesla CEO also composed a series of Dogecoin-themed tweets yesterday, the token price didn’t take off as it did in early February, having risen only 4.6% in the last 24 hours. However, the price of SHIB set a new all-time high of $0.00000008 before retreating to $0.00000005.

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Polkadot Tidal Finance Announces Early Supporter Round For $TIDAL

Polkadot-based Tidal Finance announced the early supporter sale for their token $TIDAL as the launch of its decentralized insurance marketplace is coming up next month. Once launched publicly, Tidal will help users buy and sell insurance against Defi protocols. Sellers will have to provide liquidity for Defi protocols and get Tidal tokens in return.

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USDC Sees Native Launch on Avalanche

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Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ...
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