Bitcoin Price Prediction: BTC/USD Retreats Below $41,000 Level
Bitcoin Price Prediction – March 17 The Bitcoin price prediction is now showing signs of market correction as its price moves below $41,000 to touch the low of $40,521. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $46,000, $48,000, $50,000 Support Levels: $36,000, $34,000, $32,000 BTCUSD – DailyContinue Reading
How blockchain intelligence can prevent Russia from evading sanctions
Head of international policy at Chainalysis explains why crypto is not a silver bullet for evading international sanctions. As pointed out by Caroline Malcolm, head of international policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to sanctionedContinue Reading
New Hampshire hopes its express approval of crypto-friendly law will attract new business
A New Hampshire bill would commit the state to a new UCC section before finalization to show its commitment to the blockchain industry. The New Hampshire House of Representatives passed a bill on Tuesday to adopt the new version of Chapter 12 of the Universal Commercial Code, or UCC, whichContinue Reading
Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%
The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter. Canadian cryptocurrency miner Hut 8 posted mixed financial results on Thursday, as revenue and mining profitability soared while overall net income declined — underscoring a volatile end to the year forContinue Reading
How do crypto monitoring and blockchain analysis help avoid cryptocurrency fraud?
Read this guide to learn how to identify and protect yourself from crypto frauds using blockchain analysis tools. How to identify and protect yourself from crypto frauds? One way to identify yourself from crypto fraud is through blockchain analysis tools. Another way is to be proactive by staying in controlContinue Reading
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with “recent international frictions” and “domesticContinue Reading
Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says
Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country is capable of setting up domestic crypto exchanges and should support mining. Russia Can Establish Own Cryptocurrency Exchanges, Deputy InsistsContinue Reading
IQ Labs CEO Tom Tirman on Unlocking Utility for NTFs With Collateral-Less Renting Framework
IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk. IQ Protocol was created by theContinue Reading
Bitcoin, Ethereum Technical Analysis: ETH up to 2-Week High Following Fed Rate Hike
Ethereum climbed to a two-week high on Thursday, as markets continued to react to yesterday’s Fed decision. As expected, the Federal Reserve increased interest rates by 0.25%, whilst providing forward guidance for future hikes. BTC was once again trading above $40,000. Bitcoin BTC was trading above $40,000 for a secondContinue Reading
Bitcoin faces new ‘milestone’ in 2022 as new forecast predicts BTC price ‘in the millions’
Gold surpassing Bitcoin’s returns this year is “unlikely,” Mike McGlone says, while former BitMEX CEO Arthur Hayes predicts seismic changes for both assets in the coming years. Bitcoin (BTC) “may be primed” for a quantum leap in its development thanks to inflation this year, a Bloomberg analyst has claimed. InContinue Reading
XHV, RUNE, REQ: Here’s how you can be tipped off to the week’s winners before they post strong gains
Combining data-driven insight with solid contextual knowledge can spell massive gains for smart traders. The mixed crypto market that took hold starting late last year does not offer as many profit opportunities as the blooming altcoin season that came before it. There are way fewer winners than in bull times,Continue Reading
Russia’s central bank goes to war: Is cryptocurrency a friend or foe?
Policymakers in Moscow are scrambling to rethink their approach to digital currency as one of several means of protecting the increasingly isolated economy. In January 2022, the Central Bank of Russia (CBR) proposed a number of measures aimed at curtailing the country’s cryptocurrency market, which included a blanket ban onContinue Reading
Polygon onboards Simba Chain for Ethereum scaling and infrastructure development
Simba aims to lower the barrier of entry into Web3 for Web2 firms with the help of a decentralized platform that provides necessary developer tools. Ethereum (ETH) layer-2 solution Polygon (MATIC) is integrating the Simba Chain to scale and build new infrastructure for Web3, according to a new announcement. While PolygonContinue Reading
Microsoft and SoftBank Contribute to ConsenSys’ $450 Million Funding Round
Microsoft and several other companies have invested in ConsenSys, one of the most significant development firms working with the Ethereum blockchain. Microsoft and Others Contribute Funding ConsenSys announced on Mar. 15 that it raised $450 million through a Series D funding round, thereby doubling its total valuation to $7 billion.Continue Reading
ApeCoin announcement surges BAYC floor price to near-ATH before correction
The BAYC native asset is claimable for a 90-day window, with each holder receiving 10,000 ApeCoins currently worth $72,000.Continue Reading