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Showing posts from January, 2023

Fantom Price Prediction for Today, January 31: FTM/USD Touches $0.55 Resistance

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Join Our Telegram channel to stay up to date on breaking news coverage The Fantom price prediction is at $0.53 as the technical indicator Relative Strength Index (14) stays within the overbought region. Fantom Prediction Statistics Data: Fantom price now – $0.53 Fantom market cap – $1.4 million Fantom circulating supply – 2.7 billion Fantom total supply – 3.1 billion Fantom Coinmarketcap ranking – #40 FTM/USD Market Key Levels: Resistance levels: $0.70, $0.75, $0.80 Support levels: $0.35, $0.30, $0.25 FTMUSD – Daily Chart FTM/USD is trading around $0.53, and once it manages to surpass the potential resistance of $0.55, the next target is located at $0.60 where it could trade above the upper boundary of the channel. However, a push from here could send the price straight to around $0.65, but if the current level fails to hold strong, the Fantom (FTM) price could slip below the support level of $0.45. Fantom Price Prediction: Is Fa...

Meta Masters Guild Crypto Presale $2.1 Million Sold – Can This 10x Your Investment?

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Join Our Telegram channel to stay up to date on breaking news coverage The future generation Web3 gaming guild Meta Masters Guild has been making an impact, as its presale has already raised an impressive $2.1 million. The Meta Masters Guild’s several distinctive Features contributed to its quick recognition as the most exciting Play-to-Earn project. Impactful Presale of Meta Masters Guild The Meta Masters Guild presale is already in its fourth stage and has raised $2.1 million. MEMAG token are selling incredibly fast, there are only four days left to purchase MEMAG at the current price of $0.016 before the price increases to $0.019 in stage five. Guide on how to buy MEMAG token here. Now is the time to be a part of the $MEMAG revolution! 🚀 💰 Over $2.1M raised and counting in Stage 4 of our presale. 📈 💪 Join the #MEMAGFAM and secure your place in our metaverse. 💡 Buy $MEMAG now! ⬇️https://t.co/SBqVjX5mWn#presa...

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately $445.8 million from Voyager and HTC. Legal Battle Erupts Over Crypto Asset Transfers Reportedly Made by Alameda Research A newly filed complaint in the FTX bankruptcy proceedings shows Alameda Research, the defunct quantitative trading firm created by Sam Bankman-Fried (SBF), is seeking close to $446 million from bankrupt exchange Voyager Digital and HTC Trading. Lawyers for Alameda claim the company paid off outstanding loans after Voyager filed for bankruptcy protection in July. The complaint also claims the transfers are recoverable as an administrative priority under sections 503 and 507 of the U.S. Bankruptcy Code. “The collapse of Alameda and its affiliates amid allegations that Ala...

ChatGPT: Can it Pave the Way for a Crypto ETF Creation?

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Texas-based ChatGPT , an artificial intelligence platform, rose to prominence for its ability to respond to queries quickly and accurately. The ability of the AI to construct complete sentences out of facts has astounded people, and this particular application stands out from the rest. The number of users of ChatGPT , a large language model created by OpenAI, has surpassed 1 million in a span of five days. This accomplishment serves as proof of the rising popularity of conversational AI and the vital role it is playing in transforming human communication. Read more: UK Launches Probe into Sam Bankman-Fried Backed Charity Users have been utilizing automated trading tools for quite some time. But can ChatGPT have what it takes to become a successful cryptocurrency ETF? Let us find out. Source: ChatGPT Can AI create a perfect cryptocurrency ETF AI-powered ETF AIEQ exceeded the market return by generating higher returns in 2023. However, a closer look at a longer time fr...

Report: Elon Musk's Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure

Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations. Elon Musk’s Plan for Twitter Payment System Advances, Adding Cryptocurrency Later Elon Musk appears to be proceeding with plans to integrate a payment system into Twitter. According to sources cited by the Financial Times (FT), Elon’s lieutenant, Esther Crawford, is working on logistics and has formed a small team. Musk has previously stated his intention to create a payment system, and in mid-June 2022, the current Twitter owner mentioned the integration of cryptocurrencies. “I think it would make sense to integrate payments into Twitter so that it’s easy to send money back and forth, and fiat currency as well as crypto — essentially, whatever somebody would find useful,” Musk...

Top 3 Cryptocurrency to Watch in February 2023

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2023 has so far been off to a great start. The cryptocurrency market witnessed a rally and breathed a sigh of relief. The overall market cap crossed the $1 trillion mark after spending months below $900 billion. Moreover, reports suggest that the Federal Reserve will take a cooler approach over the next month going forward. With that being said, let us take a look at… The top cryptocurrency projects to watch in February 2023 Bitcoin (BTC): Bitcoin (BTC), the original crypto asset, surpassed the $23k mark after months of being below $20k. Although there are tokens that are making higher gains than BTC, the markets are following the king coin. Therefore it makes sense to keep an eye on BTC’s movements. At press time, Bitcoin (BTC) was trading at $23,723.34, up by 2.2% in the last 24 hours. Moreover, the token has rallied by more than 40% since the beginning of the year. Source: TradingView Ethereum (ETH): ETH is the second largest cryptocurrency by mar...

3 Things To Consider Before Investing in XRP in February 2023

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Ripple ’s native token XRP had a good run in January as it shot up from $0.34 to $0.42 in 30 trading days. XRP jumped nearly 20% this month giving decent returns to investors at the beginning of 2023. However, all eyes are now on February as the Feds are scheduled to meet this week, and reports state that they could raise interest rates by 25 BPS. In this article, we will highlight three things you need to consider before investing in XRP in February 2023. Also Read: Cardano Adds 52,000 New Wallets as $4.5 Billion Floods ADA XRP: 3 Things to Watch Before Investing in February 2023 1. The direction of the Ripple Vs SEC Lawsuit Source: Coinpedia CryptoLaw founder and Ripple ’s pro lawyer John Deaton ruffled a lot of feathers after claiming that the U.S. government could be looking to shut down cryptocurrencies. He tweeted on Saturday that the White House will aggressively push to shut down the digital financial markets. “ We will soon witness the final and most ag...

New York Considers Bill to Establish Cryptocurrency as a Form of Payment for State Agencies

A bill has been introduced in the U.S. state of New York to allow state agencies to accept crypto currency payments, including bitcoin, ether, litecoin, and bitcoin cash. The legislation proposes allowing crypto to be used as “a means of payment of fines, civil penalties, rent, rates, taxes, fees, charges,” and more. Bill to Allow State Agencies to Accept Crypto Payments New York State Assembly member Clyde Vanel introduced a bill Thursday that “establishes cryptocurrencies as a form of payment for state agencies,” according to the bill’s description on the New York State Senate website. Assembly Bill A2532 has been referred to the New York State Assembly Committee on Government Operations. According to its summary, the bill: Establishes that state agencies are allowed to accept cryptocurrencies such as bitcoin, ethereum, litecoin and bitcoin cash as payment. The bill seeks to amend New York’s state finance law by adding “crypto currency a...

Bitcoin Price Prediction as $35 Billion Trading Volume Comes In – Can BTC Hit a New All-Time High in 2023?

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In the past week, Bitcoin has seen a 10% rise in its value, leading many to believe that a bull market is arriving. The price of Bitcoin can be unpredictable, however there are certain factors to consider when predicting its potential future performance. On January 28, the BTC/USD market opened at $23,067.00 and has since gained 0.07% in 24 hours to reach a current price of $22,971.00.  Moreover, its value has been on an upward trend and it has increased by more than 1% in the past week. It's been trading within a range of $23,181 to $22,942 for most of this period. Arizona Senator Proposes Bills That Would Make Bitcoin a Legal Currency Wendy Rogers, a United States state senator from Arizona, tweeted about a cryptocurrency bill on January 25. Wendy cited Goldman Sachs data indicating that Bitcoin is the world's best-performing asset. She also introduced legislation to make bitcoin legal payment in Arizona and to allow state agencies to accept bitcoin.  The...

Shiba Inu: Gas Fees on Shibarium to Cost Only $0.02 per Transaction? Shiba Inu: Gas Fees on Shibarium to Cost Only $0.02 per Transaction?

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Shiba Inu’s founder, Ryoshi mentioned in a blog post that the main objective of Shibarium is to drastically reduce the gas fees for its users. However, Ryoshi’s vision might soon come true as xFund Validator Ringoshi claims that gas fees on the Shibarium network might cost users as low as $0.02 per transaction. Ringoshi claims that gas fees on Shibarium can be compared to the Polygon network with an average transaction costing $0.02. Also Read: Exclusive: ‘Here’s What I’ll Do When Shiba Inu Reaches $0.01′ He added that the Shibarium network could be comparable to Polygon’s gas fees that provide affordable pricing to its users. The fact that Ryoshi wanted Shibarium’s gas fees to be affordable, a $0.02 fee per transaction is seemingly believable. Nonetheless, we will have to wait and watch when Shibarium goes live to accurately know more about the gas fees. Also Read: Shytoshi Is Right, People Will Not Celebrate When...

Bitcoin Price Prediction for Today, January 27: BTC/USD Ranges as Price Targets $24k Resistance

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Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction is falling again in a narrow channel, but buying interest could pick up if the price approaches $23,500. Bitcoin Prediction Statistics Data: Bitcoin price now – $22,921 Bitcoin market cap – $442.2 billion Bitcoin circulating supply – 19.2 million Bitcoin total supply – 19.2 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $26,500, $27,500, $28,500 Support Levels: $20,000, $19,000, $18,000 During the European session today, BTC/USD begins the day with the resistance level of $23,011 and it is likely to drop below the 9-day moving average if the bears increase the selling pressure. However, the psychological barrier of $23,500 still serves as the first important resistance within the market and a sustainable move above the upper boundary of the channel may likely take th...

Bitcoin Price Prediction as Trading Volume Blasts Past $40 Billion – Here’s Where BTC is Headed Next

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Bitcoin's price has been on a rollercoaster ride, with the digital asset blasting past $40 billion in trading volume. As the market continues to evolve, many traders and investors are wondering where Bitcoin is headed next. In this article, we'll explore recent trends and provide an overview of what analysts are predicting for the future of Bitcoin prices. The global crypto market cap has gone up by about 3%, pushing Bitcoin's price to beyond the $23,000 mark. At present, the total market capitalization stands at approximately $1.09 trillion. Ethereum, the second largest cryptocurrency, saw a surge of over 1.50% and is now priced at $1,623. However, the financial market is being significantly impacted by macroeconomic factors such as exchange collapses and a lack of investor confidence. These circumstances have a greater effect on the volatility of prices than other elements. With a decrease in inflation levels, the Federal Reserve is anticipated to halt...