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4 things to note in the cryptocurrency industry in March

On March 4, the market capitalization of Bitcoin surpassed its all-time high. March has become the promised month in which the price of Bitcoin will exceed its highest value, which does not seem far away as it is closing in within 1.5%. Apart from that, let's explore the four events to watch out for this month.

March...the moment when the cryptocurrency market matures

The month of March promises to be eventful for Mashhad Cryptocurrencies. From the Ethereum blockchain update to the highly anticipated trial of South Korean fraudster Do Kwon and massive token issuances. In conclusion with the Nvidia conference, which promises to relaunch tokens associated with artificial intelligence.

- Update of the Ethereum network, Dunkin:

On March 13, the Dunkin' update will be released (Dencun) is officially on the Ethereum blockchain. This upgrade promises to improve the scalability, security, and energy efficiency of Ethereum. This is also a revolutionary upgrade that is expected to propel ETH to new highs.

This update includes proto-danksharding, which aims to reduce transaction costs for clusters and make data availability less expensive by introducing "blobs", a new data storage space.

By improving network efficiency, Dunkin promises to facilitate the growth of decentralized applications, while strengthening the broader Web 3.0 ecosystem. This represents a giant step towards realizing the long-term vision of a faster, more secure and sustainable Ethereum. This update is considered one of the most important updates since 2023.

- The Do Kwon trial, which devoured 40 billion dollars:

The trial will take place on March 25 between the SEC and...Make Kwon Of utmost importance is Do Kwon, founder of Terraform Labs.

The case will test the limits of the SEC's jurisdiction over the industry. It could also set a new standard for the classification and regulation of crypto tokens and projects, not only in the United States, but also around the world.

The SEC accuses Terraform Labs and its founder Do Kwon of fraud related to assets considered unregistered securities. This is a claim similar to other cases by the authority, such as those filed against Ripple, for example.

The outcome of this experiment will undoubtedly have major implications for regulation, transparency and innovation in the field of cryptocurrencies. The world will finally know what really happened at Terraform Labs and how its system collapsed.

- Unlocking locked tokens... How will the cryptocurrency market be affected in March:

March will see the issuance of tokens worth a total of $2.9 billion, with major projects planned such as APT And ARB and OP will launch large quantities to the market.

These publications may cause some market volatility, affecting prices in the short term, while providing buying opportunities for investors in the long term. This event should test the solidity and maturity of the projects involved.

- NVIDIA Conference on Artificial Intelligence:

On March 18, the Nvidia AI conference will take place, which many suspect will benefit AI-related cryptocurrencies. Although the recent exceptional performances of Nvidia In the stock market, there is a general increase in tokens associated with artificial intelligence.

Projects like SingularityNET (AGIX), (FET), Ocean Protocol (OCEAN), Numeraire (NMR), and AI Network (AIN) can benefit from this event (among others). This is simply due to increased exposure to technological advancements and potential applications of artificial intelligence.

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