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The Bitcoin price prediction shows that BTC slumps below the resistance level of $16,700 as further downside momentum appears to be imminent. Bitcoin Prediction Statistics Data: Bitcoin price now – $16,581 Bitcoin market cap – $319.5 billion Bitcoin circulating supply – 19.2 million Bitcoin total supply – 19.2 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $20,000, $22,000, $24,000 Support Levels: $14,000, $12,000, $10,000 BTC/USD touches the resistance level of $16,649 during the European session today but the king coin could not cross above this level to gain to the upside. However, where Bitcoin will go next after this retreat is likely to depend on the ability of the bulls to hold the price above the key resistance at $17,000. Bitcoin Price Prediction: Would Bitcoin Go Up or Down? The Bitcoin price remains intact below the 9-day and 21-day moving averages; however, ...

The former FTX CEO denied moving the funds saying; "I'm not and couldn't be moving any of those funds; I don't have access to them anymore.” Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond. On Dec. 30, Fried tweeted to his 1.1 million followers, denying any involvement in the movement of funds from Alameda wallet s.  In response to the allegations that he may have been responsible for moving funds out of Alameda wallet s, he shared: “None of these are me. I'm not and couldn't be moving any of those funds ; I don't have access to them anymore.” None of these are me. I'm not and couldn't be moving any of those funds; I don't have access to them anymore.https://t.co/5Gkin30Ny5 — SBF (@SBF_FTX) December 30, 2022 SBF’s tweet was in response to a news story published by Cointelegraph, which reported that a wallet address that...

Join Our Telegram channel to stay up to date on breaking news coverage Barely a few days after being announced as a novel Move-to-earn presale, FightOut has raised more than $2.52 million. This metaverse and move-to-earn combing cryptocurrency has hit the ground running by recently onboarding elite athlete ambassadors. Now only that, taking one step forward towards its roadmap, FightOut’s fitness app is about to drop its invitation-only beta in the first quarter of 2023. And the full version of the application will be launched in the second quarter of 2023. Accessing this application will be possible through $FGHT, the native cryptocurrency of the FightOut ecosystem. The presale has priced this utility token at a low of $0.0166. The second stage will see the price rising to $0.0333 – allowing those who invest now to make 2x gain even before the cryptocurrency lands on CEX and DEX. The presale is poised to end on March 31st, 2023, and will be listed on a centralized...

After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023. The Central Bank of the Republic of Turkey (CBRT) has completed the first trial of its central bank Digital Currency (CBDC), the Digital Turkish Lira, and has signaled plans to continue testing throughout 2023.  According to a statement released by the CBRT on Dec. 29, the central bank authority said it successfully executed its “first payment transactions” using the digital Lira. It said it will continue to run limited, closed circuit pilot tests with technology stakeholders in the first quarter of 2023, before expanding it to include selected banks and financial technology companies in the rest of the year. Press Release on the Use of Digital Turkish Lira: https://t.co/48ulWfJqXw — CentralBankofTürkiye (@CentralBank_TR) December 29, 2022 It said the results of these tests will be shared with the public through a “comprehensive evaluation report...

BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program. German car manufacturer BMW plans to integrate block chain technology into its daily operations and create a block chain loyalty program for its customers in Thailand. The popular carmaker has onboarded block chain infrastructure firm Coinweb as its decentralized architecture provider and BNB Chain for settling transactions. The integration of blockchain technology into BMW’s workflow will take place in two phases. First, the decentralized tech will be integrated into BMW’s daily operations with the goal of automating time-consuming manual processes and streamlining the company’s automobile financing services. The second phase of the project would see Coinweb develop a customized Web3 application for BMW’s customer loyalty program . The program will use a block chain -based rewards schem...

On 28th December, Michael Saylor and MicroStrategy announced that the company added 2,500 Bitcoins [worth $41 million] to its reserves. Presently, the firm holds 132,500 BTC which have been acquired for $4.03 billion or at an average price of $30,397 per BTC. Now, on a Twitter Space a few hours back, the Executive Chairman of the Business-Intelligence (BI) company revealed his firm’s plan to release Bitcoin Lightning Network-powered software and solutions next year. He said, “We have teams working on it and are looking to bring something out by next year. We expect to show something in the first quarter.” Saylor noted that his transition from CEO to Executive Chairman aided the company’s Bitcoin arm to focus more on ways to buy, hold BTC and contribute to the ecosystem. Elaborating on the Lightening Network tangent, he said, “We want to make it possible for any enterprise to spin up Lighting infrastructure in an afternoon. We want to plug it into enterpris...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. While much of the crypto market bleeds, Dash 2 Trade is offering users the chance to maximize their profit-making potential by providing a range of exciting tools and analytics. The new platform, which is now in the final days of its D2T token presale, Features a wide variety of tools, data points and metrics to allow investors and traders to beat the rest of the market. The presale has already raised more than $11 million of investment and will close on January 5, 2023, ahead of its IEO on January 11, 2023 - leaving new investors precious little time to secure D2T tokens before they reach exchanges. CryptoNews has already named Dash 2 Trade among our best crypto to buy for 2023, with hype continuing to build around the project. Buy D2T Tokens Now What is Dash 2 Trade? Dash 2 Trade is a crypto intelligence platform design...

Join Our Telegram channel to stay up to date on breaking news coverage Aave Price Prediction Statistics Data: Aave price now – $57.23 Aave market cap – $775.7 million Aave circulating supply – 14 million Aave Coinmarketcap ranking – #44 AAVE/USD Market Key Levels: Resistance levels: $80, $90, $100 Support levels: $40, $30, $20 AAVEUSD – Daily Chart AAVE/USD is likely to cross above the 21-day moving average to increase the bullish movement. Meanwhile, the cryptocurrency might kick-start another bullish run back above $60 if the Aave price moves toward the upper boundary of the channel. Meanwhile, any positive break above the 21-day MA is the first signal needed for the buyers to press higher. Nevertheless, AAVE/USD has to break to the upside before hitting the $60 resistance level. Aave Price Prediction: Aave (AAVE) Trades Positively The Aave price is currently hovering within the 9-day and 21-day moving averages. If the buyers begin to...

KuCoinWallet supports domain names. KuCoin Wallet has added support for mainstream naming protocols which allow humans to use easy-to-remember domain names for cryptocurrency addresses. From today on, you can directly use readable domain names by ENS, Unstoppable, and Space ID to send cryptos to your friends, instead of pasting the long and difficult hashes.   How to send cryptos with a domain name? Select the token you want to send — Open the KuCoin Wallet App. Choose the token you want to send and remember to select the right network. Enter the domain name in the address bar — Tap [Send] on the page of the token and input the number of tokens you want to send. On the sending page, type the domain name in the address bar. If an address appears under the address bar, it’s possible to send tokens to that name. Then click [Next]. Also, if the verification of the domain name failed, this means whoever shared the domain name hasn’t linked the address to receive the token and the sending...

Public Bitcoin miners sold off nearly everything they mined in 2022 but appear to have started accumulating reserves once again in what some hope is a bullish signal. Publicly listed Bitcoin (BTC) miners sold off almost 100% of all the Bitcoin they mined throughout 2022, leading to a debate over whether the sales created "a persistent headwind" for the Bitcoin price or not. Analyst Tom Dunleavy from blockchain research firm Messari shared the data in a Dec. 26 tweet which indicated that approximately 40,300 of the 40,700 BTC mined by Core Scientific, Riot, Bitfarms, Cleans Park, Marathon, Hut8, HIVE, Iris Energy, Argo and Bit Digital from Jan. 1 to Nov. 30 was sold off. BTC miners sell roughly 100% of the coins they mine The 10 public bitcoin miners detailed here mined ~40.7k BTC and sold ~40.3k in 2022 This is a persistent headwind for BTC and for no other reason a good thesis to be bullish the ETHBTC ratio trade pic.twitter.com/L1iI6Z07p7 — Tom Dunleavy (@dunleavy89) Decem...

The crypto -verse welcomed a plethora of tokens this year. Just when the community thought that older coins like Litecoin [ LTC ] and Tron [TRX] were being forgotten, they are slowly making a comeback. Litecoin with its MimbleWimble upgrade created quite the buzz. However, this was nothing compared to the uproar it is currently ticking off. The developers on the network did not mirror this notion as the development activity had taken a back seat. A recent chart revealed that activity on the Litecoin network dropped from 2.26 in late October to its current level of 0.12. #Litecoin developers are taking it easy! 😴 Data from @santimentfeed shows that development activity on the $ LTC network has drastically decreased since late October, going from a score of 2.26 to 0.12. pic.twitter.com/2lGXTe6koN — Ali (@ali_charts) December 26, 2022 Despite this, the on-chain activity in the network is plausible. As per Messari, Litecoin is currently above prominent networks...

Source: Yeongsik Im/Adobe The top executive at a South Korean scam crypto exchange that duped over 50,000 investors out of a combined $1.7 billion will serve an eight -year jail sentence after a court found him guilty of fraud. Kyeongin Ilbo and Economist.co.kr reported that the Criminal Division of the Suwon District Court sentenced a “top-tier” V Global executive surnamed Yang to eight years in prison. Another “leading” executive surnamed Oh received a three -year term. Both were found guilty of crypto-specific fraud charges. Another individual, surnamed Lee and identified as the firm’s CEO, was sentenced to 25 years behind bars in a separate trial. The court also handed out jail terms to five other individuals, who were given three years behind bars and five years probation. Police and prosecutors have been investigating the V Global exchange for almost two years. Although the platform was engineered to look like a bona fide crypto ...

Join Our Telegram channel to stay up to date on breaking news coverage Popular YouTuber Crypto Oliver reviewed new analytics and trading signals platform Dash 2 Trade and its native coin D2T which is on presale now. Within a short period of time following the presale, Dash 2 Trade has profoundly impacted the cryptocurrency industry. It has developed into a brand-new cryptocurrency with growth potential and the most thrilling online trend. Crypto Oliver Dash 2 Trade Overview Dash 2 Trade is a new cryptocurrency trading and analytics platform, which is owned and powered by Learn 2 Trade, offers cutting-edge technologies to assist traders stay ahead of the constantly shifting cryptocurrency market. Dash 2 Trade will have many Features , such as cryptocurrency trading alerts, a collection of technical indicators, and a tool for backtesting trading strategies. Dash 2 Trade Presale Update There’s only eleven days remaining until presale end. More than 81% of the D2T tok...

A Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illicit website to an organization delivering humanitarian aid across his war-torn homeland. Wisconsin Resident With Ukrainian Roots Hacks Russian Dark Web Market Solaris Ukrainian-born cyber intelligence expert Alex Holden, who left Kyiv as a teenager in the 1980s and now lives in Mequon, Wisconsin, claims he has hacked into Solaris, one of Russia’s largest online drug markets, Forbes informs in a report. Supported by his team at Hold Security, he was able to get hold of some of the bitcoin sent to dealers and the darknet site’s owners. The cryptocurrency, worth over $25,000, was later transferred to Enjoying Life, a charitable foundation based in the Ukrainian capital. Without revealing exactly how he did it, Holden explained he took control of much of the internet infrastruct...

Bitmart exchange has announced a new coin listing for IMPT token, confirmed on the IMPT Discord as taking place on December 28th. Bitmart Listing Announcement The news followed another recent announcement that Gate.io exchange would also list IMPT token , on January 1st. An exact time is yet to be announced for both listing. IMPT Price Up 20% At the time of writing the IMPT price has rallied to a 24 hour high of $0.0195, currently consolidating around $0.019, a gain of approximately 20% in the past day. IMPT price chart via LBank The IMPT crypto project's first CEX listing was on LBank exchange , earlier this month on December 14th. After an initial sell off following its launch, all presale investors are now in profit. The IMPT presale had two price stages, $0.018 and $0.023, some of which took profit early on via Uniswap where IMPT is also listed. IMPT price chart via CoinMarketCap IMPT token is also expected to be listed on Changelly Pro later this week, af...