Posts

Showing posts from March, 2023

Report: South Korean National Assembly to Pass Digital Asset Law in April

After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered after members agreed to narrow their differences . Politicians Narrow Their Differences According to a Korean media report, the country’s National Assembly is now expected to pass the digital asset market regulation bill. As stated in the report, the passage of the bill by the legislative body’s Political Affairs Committee has raised hopes that the South Korean legislators will finally pass the law after several failed attempts. South Korea’s prospects for finally passing a law that governs digital assets were raised after Rep. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, revealed that opposition and ruling party members had narrowed their differences....

FTX: Sam Bankman-Fried to Plead Not Guilty to $40 Million Bribery Charges: Report

Image
The downfall of FTX and its founder, Sam Bankman-Fried , have been a significant blow to the cryptocurrency industry. Despite the exchange’s collapse in November 2022, ongoing developments concerning SBF continue to emerge. Recently, US prosecutors announced a new charge against Sam Bankman-Fried . The charges assert that the former head of the now-defunct FTX cryptocurrency exchange was involved in a scheme to offer a $40 million bribe to officials within the Chinese government. Also read: Binance Concealed Substantial Ties to China for Multiple Years, Says Report However, according to the latest report by Reuters, SBF is expected to not plead guilty to the new charges. Sam Bankman-Fried to not plead guilty A Reuters report reveals that SBF plans to plead not guilty to the new 13-count indictment, just as he earlier pleaded not guilty to eight counts of fraud and other charges. With charges mounting one-by-one on top of SBF, it looks like he is not escaping ...

Baby Doge Coin Price Prediction 2023-2030: Will BABYDOGE Price Hit $0.00000005 Soon?

Image
Baby Doge is a cryptocurrency token that functions as a smart contract on current blockchains. Thanks to the Baby Doge smart contract, the money is now available through Ethereum and Binance Smart Chain wallets. If you are interested in the future of BABYDOGE and want to know its predicted value for 2023, 2024, 2025, and 2030 – keep reading! Table of contents What is Baby Doge Coin (BABYDOGE)? Baby Doge Coin (BABYDOGE) Current Market Status Baby Doge Coin (BABYDOGE) Price Analysis 2023 Baby Doge Coin (BABYDOGE) Price Analysis – Keltner Channel Baby Doge Coin (BABYDOGE) Price Analysis – Moving Average Baby Doge Coin (BABYDOGE) Price Prediction 2023 Baby Doge Coin (BABYDOGE) Price Prediction – Resistance and Support Levels  Baby Doge Coin (BABYDOGE) Price Prediction 2024  Baby Doge Coin (BABYDOGE) Price Prediction 2025 Baby Doge Coin (BABYDOGE) Price Prediction 2026 Baby Doge Coin (BABYDOGE) Price Prediction 2027 Baby Doge Coin (BABYDOGE) Price Prediction 2028 Baby Doge Coin (...

Litecoin Rises, But Struggles With Resistance At $90

Image
Mar 29, 2023 at 08:48 // Price Author Coin Idol The price of Litecoin (LTC) has crossed the moving average lines, signaling a rise. Long-term forecast for the Litecoin price: bullish The price of the cryptocurrency is rising while trying to maintain its position above the moving average lines. At the time of publication, the price was at $89.49. There is a potential for a significant price increase if the bullish momentum is maintained above the moving average lines. During the March 24 bounce, a retraced candlestick tested the 61.8% Fibonacci retracement...

Casper (CSPR), Chiliz (CHZ) and TMS Network (TMSN) Are The Trending Cryptocurrencies of March 2023

Image
Join Our Telegram channel to stay up to date on breaking news coverage Diversifying a cryptocurrency portfolio has historically been one of the best ways through which investors can reduce the potential losses gained by a volatile market.  By not putting all of their capital within a single cryptocurrency and through diversifying, when one token or coin falls, another can rise and balance things out. This is important, as not every cryptocurrency and project performs equally. Those in the loop know that getting into the early stages of a project, like in its presale phase, can see the highest growth potential, and this is the case with TMS Network (TMSN) . Other cryptocurrencies that have caught investor attention include Casper (CSPR) and Chiliz (CHZ), and today, we will go over why this is the case. Casper (CSPR) Casper (CSPR) is a decentralized Layer-1 blockchain that utilizes the Proof-of-Stake (PoS) consensus mechanism and aims to solve issues within competing blockchain...

Binance Announces Global Launch Of Its AI-Powered NFT Creator Bicasso

Image
Join Our Telegram channel to stay up to date on breaking news coverage Binance, one the world’s largest crypto exchanges, has announced the global expansion of its artificial intelligence-powered (AI) non-fungible token creator, Bicasso. The crypto exchange expects to roll out its new AI NFT generator this week. In a March 27 press release, the crypto exchange confirmed ready plans to expand its AI NFT service to other parts of the world after successfully testing its functionality in Europe. Binance is set to launch its new service globally on March 29, 2023. Get your free AI generated NFT from Bicasso on Binance. Use the link below 👇 to register. Hurry now, expires tomorrow 29th March.https://t.co/dcuIAHEJ0K pic.twitter.com/bf23g8eyXr — William Imasuen (@William_Imasuen) March 28, 2023 What Is Bicasso, And Does It operate? Launched earlier this month, Bicasso is an AI-based NFT program that lets users create and mint a tailored image. The new feature ...

LUNC Targets $1 With Terra Classic Community Token Burn Proposal

A Terra Classic (LUNC) community member has proposed burning the entire tokens in the community’s Oracle Pool. The proposal submitted about seven days ago launched with an initial deposit of 255,415 Terra Classic (LUNC). So far, 299,500 LUNC has been raised, a volume still far from the minimum of one million LUNC required to initiate the voting process. The proposal, termed “Proposal 11398,” has the message “burn community pool. caused nothing but stress to burn the sh*t.” The community pool, in this case, refers to Terra Classic’s source of funds for project execution and efforts toward network development. That particular pool is funded with 10% of the overall 0.2% burn tax, and the release of funds depends on governance votes. On March 2, 2023, Binance burned 8.9 billion LUNC in the latest quarterly burn exercise. That amount represented 50% of the total spot and margin trading fees for the token in the previous three months. Other LUNC token burn exercises have followed...

Bitcoin Price Prediction for Today, March 27: BTC Price Consolidates Close to the $28K Barrier Zone

Image
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Is in a Horizontal Trend as It Consolidates Close to the $28K Barrier Zone – March 27, 2023 The price of Bitcoin has stayed in a holding pattern as it consolidates close to the $28K barrier zone. The pricing is currently between $26,500 and $28,500. Doji candlesticks have been present, which has caused the price movement to be stable in the meantime. The value of the largest cryptocurrency is falling below the level of support. Bitcoin Price Statistics Data: •Bitcoin price now – $27,906.85 •Bitcoin market cap – $539,693,234,939 •Bitcoin circulating supply – 19,329,325 BTC •Bitcoin total supply – $14,265,924,072 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Since March 19, buyers have been effective in keeping the favorable momentum close to resistance. $29,00...

Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 to Start the Weekend

Image
Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading. Market uncertainty was high this week, as traders digested the latest Federal Reserve interest rate hike, as well as the on-going global banking crisis. Ethereum remains below $1,800 as of writing. Bitcoin Bitcoin (BTC) started the weekend consolidating below the $28,000 mark, as market volatility eased on Saturday . Following a high of $28,208.21 on Friday, BTC/USD moved to an intraday low of $27,039.27 earlier today. As a result of the move, bitcoin collided with a floor at the $27,050 level, however bulls have so far rejected a breakout below this point. BTC/USD – Daily Chart Looking at the chart, today’s sell-off took place as the relative strength index (RSI) fell below a floor of its own, at the 65.00 mark. As of writing this, the index is now tracking at the 62.75 level, with the next visible point of support at the 60.00 mark.. Overall, ...

Metropoly Officially Raised Over $1 Million In Epic Presale – Learn Why Investors Are Still Rushing to This Real Estate Marketplace.

Image
Join Our Telegram channel to stay up to date on breaking news coverage The epic presale for Metropoly recently crossed the $1 million milestone in fundraising. The presale is now sitting in the final stage of fundraising – presenting your last opportunity to get involved. Yet, there is still a flurry of latecomers of investors looking to get some exposure to the native token behind the world’s first NFT marketplace, backed by real estate properties. With the presale in its final stage, investors won’t have to wait too long for the marketplace to drop following the conclusion of the fundraising, providing a great reason to invest during these final days. $1 Million Raised: Metropoly Presale Flies in Final Stages With just a few days remaining in the presale, Metropoly finally crossed the $1 million milestone today after over 2,300 investors have rushed to be a part of the fundraising. The presale for Metropoly started a little slowly but very recently started...

Bank of America 'Praises' Near Protocol, Polkadot & Cardano

Image
According to a research paper released by Bank of America , the Near protocol is a member of a new generation of blockchains, including Cardano , Solana, and Polkadot, that are utilizing innovative methods to improve the “tradeoff between scalability, decentralization, and security.” The bank further went on to note the reason behind its recent inclination towards Near. The institution mentioned that developers will likely become interested in blockchains like Near. This is mainly because it offers the ability to expand functionality and reward development in the future. The sharding strategy proposed by Near “mitigates common scaling problems related to increasing centralization due to pooling and decreasing security.” This issue is usually caused due to misaligned incentives. Analysts Alkesh Shah and Andrew Moss further wrote, “Over the longer term, we expect blockchains that prioritize usability and effectively market themselves to gain market share by attracting a robust and di...

Microsoft's GitHub Integrates OpenAI's ChatGPT Functionality in New Copilot

Image
As a part of the company’s massive expansion into the generative AI space, Microsoft’s GitHub integrates OpenAI ’s ChatGPT functionality into its new Copilot X assistant. Specifically, the Copilot system is overhauled to support the integration of OpenAI ’s GPT-4 model. The integration will allow GitHub to utilize chat and voice support in its AI pair programmer. Moreover, the new system will act as a virtual system for users to inquire about their coding through text or voice commands. Then, get real-time answers from the model. Source: OpenAI GitHub Gets ChatGPT Copilot The OpenAI-developed ChatGPT system has thoroughly taken the tech industry by storm. Subsequently showing users of the program’s sophisticated functionality, while also creating a market that companies are rushing to grab ahold of. Now, Microsoft’s GitHub has expanded OpenAI ’s ChatGPT integration to its new Copilot system. Specifically, the software developer system has welcomed Copilot X, a virtual...