Cryptocurrency News Today TheBitTimes.com

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Cash price was turning down mid-week as crypto prices flashed red across the board. BCH was trading at $141, down 6% on the day and its trading volume was at $343 million after dropping 125 in the past 24 hours. With a live market cap of $2.732 billion, this peer-to-peer electronic payment coin was positioned at #28 on the CoinMarketCap ranking .  Other top-cap cryptos were also recording losses with Bitcoin losing 3.5% in the last 24 hours to trade just below $24,000. The second largest crypto by market capitalization Ethereum has lost 3.85% of its value to trade at $1,00 while Binance’s BNB was down 2.87% to $306. Polygon (MATIC) was the largest loser among the top 10 cryptocurrencies, down 8.5% to $1.31. Accordingly, the global crypto market capitalization was down 3.65% to $1.09 trillion. The total crypto market volume over the last 24 hours is $69.15 billion, which makes an 11.69% inc...

Join Our Telegram channel to stay up to date on breaking news coverage After weeks of consolidation, WEMIX price took off in mid-January, making what now counts as an outstanding 656% breakout. However, the rally was threatened by a bearish attack during the first week of February, sending the price down almost 30% to the $ 1.0291 level. On February 13, WEMIX bulls organized a retaliation that catapulted the price 165.26% to a high of $2.7 on Tuesday. Despite the bullish effort, stiff resistance at the $3.0 barrier has stagnated the WEMIX price. While bulls are still optimistic for a 45.06% ascent, this does not disqualify the bearish effort. The token is still operating within a sturdy supplier congestion zone. At the time of writing, WEMIX price was trading at $2.476 after losing around 8.18% on the last day. The token’s market cap was also down 8.11% to $599.345 million. Even with the bearish stats, trading activity for the token was still positive, gaining 12.41% to $...

Given the hints below, guess who makes the top 10 in Cointelegraph’s Top 100 for 2023, with profiles 4–10 now published. Feb. 21 lifts the curtains on numbers 4–10 of the most impactful crypto and blockchain sector players, according to Cointelegraph’s 2023 Top 100 list. The controversial player at No. 10 was not on Cointelegraph’s Top 100 list for 2022, nor were the players occupying No. 9, 8 and 4. The person who takes the ninth spot on the list shares the same first name as the cotton gin inventor, while No. 8 relates to a country frequently in the news in 2022. No. 4 is a concept that prefers to be kept confidential. The seventh, sixth and fifth positions are players who made Cointelegraph’s 2022 Top 100 list, each significantly higher on the 2023 edition. Try to guess who the players are or check the list to find out! DISCOVER COINTELEGRAPH’S TOP 100 IN CRYPTO AND BLOCKCHAIN 2023 Over the past few weeks, Cointelegraph has published its 2023 Top 100 lineup of the crypto sector’s b...

Join Our Telegram channel to stay up to date on breaking news coverage As Filecoin (FIL) soared above $200 during the 2021 bull run, it caught the attention of investors. Is this trend still possible? Currently, FIL ranks as the 22nd largest cryptocurrency based on its market cap, which puts it in the top 25 cryptos. It allows users to rent out space on their devices using a decentralized protocol. The project uses open-source coding to create a decentralized ‘cloud’ competing with heavily centralized data centers. Storage mining (offering storage), retrieval mining (processing data queries across the network), and leasing storage are three key components of the Filecoin network.  The Filecoin Master Plan Our price prediction attempts to answer most of your questions cryptocurrency volatility, notwithstanding. Can Filecoin (FIL) regain its ATH? What might Filecoin’s value be next month? Could Filecoin be a good investment right now? Can Filecoin be clas...

Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana block chain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week against the greenback. Core Helium Devs Reveal Network Migration Date to Move to Solana The Helium Network, a chain dedicated to the internet of things (IoT), plans to migrate with the Solana block chain network, according to a blog post published by the core devs. The Helium Foundation has scheduled a migration date after “months of meticulous planning and technical development,” according to the post. The Helium team said the upgrade will take place on March 27, 2023, at 10 a.m. ET. Helium developers say the upgrade will take place over a 24-hour transition and will affect all the network’s wallets, hotspots, and the network state. “The completion of the migration...

When Musk changed his mind about accepting Bitcoin payments for Tesla, he said that Dogecoin was better for transactions, even though it was made as a joke. Research shows that Dogecoin was the only memecoin in 2022 to reduce its carbon footprint by 25% in one year, which is a crucial metric for mainstream adoption. This was made possible by developers and Tesla CEO Elon Musk. High carbon emissions were one of the main reasons why Musk changed his mind about taking Bitcoin payments for Tesla. At the time, he thought that Dogecoin was better for transactions, even though it had been made as a joke. Working with Doge devs to improve system transaction efficiency. Potentially promising. — Elon Musk (@elonmusk) May 13, 2021 Dogecoin’s annual CO2 emissions decreased by 25% because of what Musk and others in the Dogecoin ecosystem did. According to research from Forex Suggest, Dogecoin caused 1,063 tons of emissions in 2022. In 2021, it generated 1,423 t...

Benjamin Cowen, a well-known crypto analyst, says that Bitcoin (BTC) is getting ready for a possible trend change that could lead to an explosive rally like the one in 2019. Cowen tells his 783,000 YouTube subscribers in a new strategy session that three different technical indicators are coming together at a key price level for Bitcoin. Cowen says that the 50-week moving average is going down and the 200-week moving average is going up, so they are both moving toward each other. At BTC’s recent high of around $25,000, where the two moving averages are likely to meet. “You have the 50-week [average] coming down. You have the 200-week [average] going up. And then you have the price rallying on up to it. You also have the prior local top at $25,200. And look at this local top: right in between those two moving averages. It’s almost too perfect that they’re all converging to the same level.” Cowen says that the convergence point is like the year 2019, w...

A cyber attack on ION took down servers that handled cleared derivatives. This made it hard for brokers and other processing services to report trades and use their machines. A spokesman for Bloomberg confirmed that the attack on 42 of ION’s clients was done by a Russian group called Lockbit. In a statement on its Website, ION says: “ION Cleared Derivatives, a division of ION Markets, experienced a cybersecurity event commencing on 31 January 2023 that has affected some of its services. The incident is contained to a specific environment, all the affected servers are disconnected, and remediation of services is ongoing.” Some brokers have used manual workarounds to deal with the problem. This could affect margin calls, the value of portfolios, and the way large market positions are reported to regulators. Source: https://thebittimes.com/a-ransomware-attack-took-down-ion-servers-tbt38766.html?utm_source=blogger_source&utm_medium=blogger_me...

Join Our Telegram channel to stay up to date on breaking news coverage Revolutionary Move-to-Earn project Fight Out is moving towards its presale target at a bullish pace and has raised upwards of $4.4 million. Only a few hours remain before the presale price increases. Fight Out is a redefining fitness app for the Web 3 space by providing all the modules fitness enthusiasts need to transform into being “fighting fit”. The move-to-earn project has roped in industry-leading fitness influencers and combat athletes to promote the project and inspire people to live healthy lifestyles. The presale end date and the listing price have already been set – leaving little time for those who want to become early movers. If you are one of them, visit fightout.com and participate in the presale today. Fight Out – Redefining Fitness in Web 3 Space Move-to-Earn projects have not been able to penetrate the fitness space as they could. And the problem lies in the lack ...

Join Our Telegram channel to stay up to date on breaking news coverage Filecoin has made impressive gains in the last seven days. The Boost monitoring stack could have been the reason for continued price growth. With an integrated monitoring stack, Filecoin storage providers can now easily collect and visualize metrics for various boost processes. Find the full Filecoin crypto price prediction in the video above, follow his YouTube channel for more crypto price predictions. Filecoin Update Boost is a tool that storage providers can use to manage the onboarding and retrieval of data on the Filecoin network. It replaces the go-fil-markets package in lotus with a standalone binary that operates concurrently with a Lotus daemon and a Lotus miner. Boost exposes libp2p interfaces for making storage and retrieval transactions, a web interface for managing storage transactions, and a GraphQL interface for accessing and updating real-time transaction information. Filecoin Stor...