Bitcoin (BTC) is setting up a classic trading move, which could see it hit a giant $100,000, one analyst says. In a tweet on March 14, Charles Edwards, founder and CEO of investment firm Capriole, called BTC price action in 2023 a “bump & run reversal.” Edwards on BTC price: The “bottom is back” Having passed $26,000 to hit new…
Month: March 2023
Agoras Leads the Way in AI-Based User-Controlled Cryptocurrency – Sponsored Bitcoin News
sponsored Artificial intelligence (AI) seems to be everywhere these days. With the rise of ChatGPT and other trending AI applications, many cryptocurrencies have been rushing to adopt it as well. However, not all AI is created equal. Logical-AI, an approach adopted by Tau, has been an integral part of Agoras token for a long time, and it is what sets…
Agoras Leads the Way in AI-Based User-Controlled Cryptocurrency – Sponsored Bitcoin News
sponsored Artificial intelligence (AI) seems to be everywhere these days. With the rise of ChatGPT and other trending AI applications, many cryptocurrencies have been rushing to adopt it as well. However, not all AI is created equal. Logical-AI, an approach adopted by Tau, has been an integral part of Agoras token for a long time, and it is what sets…
Ethereum has a new URL standard that can’t be blocked
Web3 URLs — enabled with the launch of ERC-4804 — have made it onto Ethereum, allowing internet users to access Ethereum apps and NFTs without worrying about centralized censorship. The new Ethereum standard, titled “Web3 URL to EVM Call Message Translation,” was first proposed on Feb. 14, 2022, and was co-authored by ETHStorage founder Qi Zhou, Ethereum researcher Sam Wilson…
Coinbase Chief Legal Officer on SEC Crypto Approach: ‘Is This the Best We Can Do?’
Coinbase’s chief legal officer Paul Grewal has launched another scathing attack on the U.S. Securities and Exchange Commission. Speaking on the Decrypt gm podcast, Grewal said he shares the concern “that we are losing the script a bit here in the United States when it comes to crypto and crypto regulation.” In February, the SEC imposed a $30 million fine…
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer. KuCoin Ventures has led a $10 million investment into stablecoin issuer and blockchain-based payment service provider known as CNHC. Announcing the news on March 16, KuCoin Ventures said that the funding round included some prominent industry investors, including…
The Pokémon Company Might Be Preparing to Make Moves in the Metaverse – Metaverse Bitcoin News
The Pokemon Company, a corporation in charge of the development of the Pokemon brand, might be preparing to make some moves regarding the franchise and the metaverse. The company has opened a job opportunity that includes experience and knowledge of fields like blockchain, Web3, and the metaverse as a requirement, including connections with investors in these areas. The Pokemon Franchise…
4 signs the Bitcoin price rally could top out at $26K for now
Bitcoin (BTC) received a substantial boost this week as the U.S. inflation levels for February came along the lines of market expectations. On March 14, the BTC/USD pair surged to a new 2023 peak at $26,550 after the news. But while the macroeconomic conditions mat currently be favoring risk-on buyers, certain on-chain and market indicators hint at a potential correction…
Meta Winding Down Support for NFTs on Facebook, Instagram – Bitcoin News
U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support for Non-Fungible Tokens California-based technology conglomerate Meta is winding down support for digital collectibles on its platforms. The company…
SVB mixup forces India’s SVC Bank to issue a notice of clarification
The shockwaves caused by the collapse of Silicon Valley Bank (SVB) were felt by countless businesses, including a bank from India that had no relation with the California-based banking institution. Soon after reports of SVB’s imminent shutdown surfaced on March 10, panic spread across the globe as investments tied to one the biggest banks in the US depicted an uncertain…