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Showing posts from March, 2023

Future of telecom industry unveiled at Paris Blockchain Week

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Although foundational to our interconnected world, the traditional telecom industry is riddled with challenges, from security concerns to billing discrepancies. Paris Blockchain Week has risen to the public’s attention as one of the most esteemed annual events in the industry. The event has since aimed to bring together blockchain enthusiasts, developers, entrepreneurs and other stakeholders from across the globe to explore the latest opportunities in the blockchain industry. Participants can engage in various activities at the event, including keynote speeches, panel discussions, workshops, hackathons and networking events. Through these activities, Paris Blockchain Week continues to give organizations and individual thought leaders a chance to spark ideas and present solutions for mass adoption. One of the most notable at this year’s event was using the decentralized ledger in telecommunications. At present, the telecom industry is largely built around billing and payment processes,

Hottest Play-to-Earn Project Concludes Presale in Less than 36 Hours, Lists in Six Days – $6 Million Raised so Far, Last Chance to Buy

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Join Our Telegram channel to stay up to date on breaking news coverage Fight Out has recently reached an impressive milestone, garnering over $6 million in investments as the presale countdown continues, with less than 36 hours before its exciting conclusion. With its official centralized listing scheduled to hold in six days, the project’s interest remains strong as it is tipped to become one of the hottest crypto projects of 2023. Investors looking to leverage low-price assets can take advantage of the $FGHT token discount price of $0.03330 as its presale gradually rolls out. Overview of the Fight Out Ecosystem: Gamified Fitness, Wagering, and Elite Trainers Fight Out is one of the newest projects in the crypto sphere that embeds real-life utilities. The gaming ecosystem integrates train-to-earn (T2E) and play-to-earn (P2E) models to provide tailor-made and actionable gamified fitness and health routine recommendations. Unlike traditional fitness apps and gaming corporati

OKX seeks Australian expansion citing 'huge appetite' for crypto

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The exchange's chief marketing officer believes Australians are above-the-curve when it comes to crypto education and interest. Seychelles-based crypto exchange OKX has signaled its intention to expand its crypto services to Australia, a country it believes is primed to take on the next wave of crypto adoption. The trading platform explained in a March 29 statement that Australia would be a key growth market for the firm moving forward. The firm states it provides services to over 100 countries. In July 2022, it secured a provisional license in Dubai. "We see Australia as an indispensable part of this strategy and a key growth market. With such a strong uptake of crypto in Australia already, we're committed to the local market and aim to build a strong local office,” the firm wrote in a statement. BIG NEWS Super excited to announce that OKX will be opening an office in Australia! We had an awesome time celebrating in Melbourne with OKX partners @danielricciardo, @scottyja

Experts Believe De-Dollarization May Lead To BTC and ETH Rally

Experts in the crypto space have reason to believe that the prices of major cryptocurrencies including Bitcoin and Ethereum may see a significant rally in the near future. The major driving factor for such a rally would be the recent developments around the world that point toward “De-Dollarization”. The US Dollar has historically served as the global reserve currency. The majority of international trade is settled in USD, be it trading of oil, commodities, bilateral trade agreements, boosting forex reserves, etc. De-Dollarization is the process of substituting USD as the base currency for the above-mentioned transactions. Both CNN and Fox News discussing dedollarization this weekend. Interesting. pic.twitter.com/JrUetFqPAd — TF Metals Report (@TFMetals) March 27, 2023 Altcoin Daily pointed out in a recent Youtube video that more and more nations around the world are seeking alternatives to the US Dollar in a bid to reduce their dependence on the United States. Calls

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials

Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO of FTX, now faces charges of bribing Chinese government officials. “Bankman-Fried and others agreed to pay cryptocurrency to one or more foreign officials in China to influence and induce them to unfreeze the accounts in order to assist Bankman-Fried, Alameda, and others in obtaining and retaining business for, and directing business to, Bankman-Fried, Alameda, and others,” the revised indictment states. This is not the first time SBF’s indictment has been revised. In February 2023, Bitcoin.com News reported that SBF’s indictment was revised to include bank fraud charges. SBF faces other charges as well, including defrauding the Federal

Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit

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Over the last 24 hours, Binance’s Bitcoin balance was reduced by over 3,900 BTC the past week, out of which 3,400 BTC were pulled out in the last 24 hours alone. Soon after the United States Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance and its CEO Changpeng ‘CZ’ Zhao over regulatory violations, the entrepreneur sought damage control measures while rejecting allegations of market manipulation. However, investors responded by pulling off over 3,400 Bitcoin (BTC) within 24 hours of the announcement anticipating market fluctuations. “Binance.com does not trade for profit or “manipulate” the market under any circumstances,” stated CZ while responding to CFTC’s allegations. However, episodes involving crypto entrepreneurs such as FTX’s Sam Bankman-Fried and Terraform Labs’ Do Kwon shook investors’ confidence and trust in the crypto ecosystem. My Response to the CFTC Complaint | Binance Blog https://t.co/TadyotM7HN — CZ Binance (@cz_binance) March 27, 2023 On

Data Shows 40M People Hold 0.0005 Dust ETH, Making $11M Lost Token

Conor Grogan, a director at the Coinbase crypto exchange, recently discussed some intriguing statistics about Ethereum wallets and the amount of ETH tokens held in them. Grogan quoted data from an analytic firm highlighting that over 40 million Ethereum wallets hold less than 0.0005 ETH, approximately $0.90. By implication, there is roughly $11 million worth of Ethereum, equivalent to 6242 ETH, out of circulation, as the amount is too small to be worth trading or exchanging. There are 40M Ethereum wallets that hold less than 0.0005 ETH (~$0.90) Effectively this is ~$11M (6242 ETH) out of circulation; Since it takes around ~0.0005 ETH for a swap at 20 gwei, it generally wouldn't be worth it for people to send it to an exchange and swap out pic.twitter.com/GHXya5EvUK — Conor (@jconorgrogan) March 22, 2023 Furthermore, around 80 million wallets hold less than $18 worth of ETH, representing 35% of all cumulative unique addresses on the Ethereum network, according to t

Here's Why GTA-6 May Revive its Metaverse Plans

Grand Theft Auto 6 ( GTA 6 ) is one of the most anticipated games in the foreseeable future. There have been a lot of rumors about the title, with many saying that GTA 6 will have a metaverse and cryptocurrency. However, there were doubts about the development, after the studio banned using crypto assets and NFTs last November. Moreover, Mojang Studios’ Minecraft stopped the use of NFTs in July 2022. The gaming studios’ view of digital assets and metaverse may change. Three blockchain gaming executives claim that while some mainstream game developers have moved backward in adopting blockchain technology, it’s only a matter of time before they alter their minds. This begs the question if GTA 6 will move ahead with its metaverse plans. Will GTA 6 have a metaverse and cryptocurrency? According to Walter Lee, gaming growth lead at BNB Chain, the prohibition is more related to NFTs than blockchain technology. He believes mainstream studios would embrace the technology once more reg

Bitcoin Price Prediction for Today, March 25: BTC/USD Keeps Moving around $27,800 Level

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Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC keeps following the sideways movement as the king coin fails to cross above the channel. Bitcoin Prediction Statistics Data: Bitcoin price now – $27,610 Bitcoin market cap – $531.5 billion Bitcoin circulating supply – 19.3 million Bitcoin total supply – 19.3 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $33,000, $35,000, $37,000 Support Levels: $23,000, $21,000, $19,000 BTC/USD is bound for a spike in volatility, but there seems to be no room for further losses after experiencing downward pressure. in the past few weeks. BTC/USD is hovering around $27,700 but the king coin has not been able to cross above the upper boundary of the channel. Bitcoin Price Prediction: BTC Price May Consolidate Before the Next Action According to the daily chart, the Bitcoin price might see further

XRP Price Prediction: XRP Posts 2% Gain as the Crypto Market Recovers – Time to Buy the Ripple Asset?

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Silicon Valley Bank’s recent failure has had a lasting impact on the traditional financial sector. However, the crypto market has pushed through the setbacks, bolstering the case for investing in cryptocurrency. With top digital assets like Bitcoin (BTC) and Ethereum (ETH) leading the charge, investors are looking to these digital assets as a haven. The surge is not happening in isolation, as other altcoins like XRP have defied the odds and are moving bullish. Could inventors take advantage of the crypto market’s resilience and buy the Ripple asset in hopes of long-term profits? XRP Keeps Bullish Momentum At press time, the XRP coin is trading at $0.43 after a price surge of 2.12% in the last 24 hours. The digital asset has maintained its bullish streak for a while, with uptrends of 19.6% in the last week and 12.5% in the last 30 days. The Ripple asset’s price gain has done relatively well for its technicals. The asset’s current price is dominant over the 50-day simple moving ave

Bitget: How the most aggressive exchange in a bear market was born

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Author: Techflow Editor: WuBlockchain Original link: https://m.techflowpost.com/article/2304 At the moment when many centralized exchange s are laying off staff and shrinking, Bitget’s radical expansion is rare in the bear market and it has achieved a sudden rise. Its share in the derivatives market should currently be second only to Binance OKX and Bybit. Bitget was born in 2018. Under the market environment at that time, the unilateral bear market , spot trading was very deserted, and the stock market was almost divided by platforms such as Binance/OKX/Huobi, while the derivatives track was a blue ocean, but the key is, how to find the pain point and need. Bitget chose to be the first to launch the one-click copytrading function at the product level. Specifically, Bitget will invite well-known traders with excellent historical records to enter its APP. Investors can choose to automatically track the opening/closing operations of specific traders based on their historical achievem

Biggest Movers: XRP Surges to Strongest Point Since November

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Xrp moved to its highest point since November, as markets reacted to news suggesting a verdict could be near in Ripple’s case with the Securities and Exchange Commission (SEC). Cardano was also higher on Wednesday, hitting a one-month high. XRP XRP rose to its highest point since November, as markets continued to react to the latest news surrounding Ripple’s case with the SEC. Following a low of $0.4199 on Tuesday, XRP/USD raced to an intraday high of $0.4914 earlier in today’s session. This is the strongest point that the token has reached since November 6, when prices were retreating from a high above $0.50. XRP/USD – Daily Chart Overall, earlier gains have since eased, which comes as bulls failed to sustain a breakout on the 14-day relative strength index (RSI). At the time of writing, the index is tracking at 65.14, which is below the aforementioned ceiling at 70.00. The 10-day (red) moving average remains in an uptrend despite the marginal decline, which sees XRP currently

Magic Eden launches marketplace for Bitcoin Ordinals

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It’s one of the first major NFT marketplaces to join the Bitcoin Ordinals fray. Nonfungible token (NFT) marketplace Magic Eden has launched its own “fully audited” marketplace for Bitcoin Ordinals, leveraging the surging interest in “Bitcoin NFTs.”  The newly launched marketplace allows Bitcoin (BTC) NFT traders to buy and sell Bitcoin Ordinal collections, giving users a similar experience it offers for Polygon, Ethereum, and Solana-based NFTs. Extremely excited to announce that @MagicEden is now on Bitcoin. With this, we are simplifying the journey for collectors and creators to get started on Bitcoin - the granddaddy of all chains. Kudos to @kevcode_art @zhouzhuojie @ChartFuMonkey who championed this effort. https://t.co/0W7i0uBvPT — Zhuoxun Yin (@ZhuoxunYin) March 21, 2023 “Just as we have expanded into other chains, we now aim to bring our expertise in building marketplace s to the nascent, yet flourishing Ordinals ecosystem,” the firm said in a March 21 statement.  The new Ord

Dogecoin End of March 2023 Price Prediction

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Dogecoin is currently trading at $0.07 and has been trading sideways in the last 30 days. The leading meme token barely shot up in price and is testing the patience of investors in 2023. While Bitcoin reached $28,000 this week after the banking crisis, altcoins and meme coins barely followed suit. The top 25 cryptocurrencies used to go in tandem with BTC, during every spike but failed to rise to its pace this month. Also Read: Shiba Inu: 3 Classic Hits & Iconic Moments of SHIB Ever Recorded Dogecoin: Price Prediction For End of March 2023 Source: Binance Academy Dogecoin could remain stagnant in the indices, as the meme coin lacks the hype required to make its price scale up. DOGE failed to climb above $0.08 for close to 30 days in a row and has more chances of heading south than going north. The hype and social media frenzy is minimal and Tesla CEO, Elon Musk barely mentioned DOGE this month. This puts pressure on Dogecoin ’s price as its rise solely depends on h

Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days

Venture capitalist and angel investor Balaji Srinivasan says hyper inflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyper inflation , monetary debasement, bank freezes, and wealth seizure.” Balaji Srinivasan: Hyperinflation Is Here Venture capitalist Balaji Srinivasan believes that hyper inflation is happening now. Srinivasan is an angel investor, tech founder, and a Wall Street Journal bestselling author. He formerly served as the CTO of crypto exchange Coinbase and was a general partner at venture capital firm Andreessen Horowitz (A16z). Commenting on a tweet made by former Twitter CEO Jack Dorsey in October 2021 stating that hyperinflation will happen “soon” and will “change everything,” Srinivasan tweeted Friday, “Jack is right.” He emphasized: Hyperinflation is happening — now. The angel