Press Releases Daily News TheBitTimes.com

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Anticipates a Probable Upswing as BTC Remains above $28K in Price – March 30, 2023 Today, BTC/USD rises to a high of $29,171 but remains above $28K in price. Buyers were unable to keep the pace going up past the $29,000 high. The Bitcoin price is under pressure to fall because of a shortage of customers at higher price levels. Bitcoin is now trading in the prior range-bound range of $26,500 to $28,500. The range-bound movement might continue in anticipation of a bullish trend. Bitcoin Price Statistics Data: •Bitcoin price now – $28,097.60 •Bitcoin market cap – $543,241,845,164 •Bitcoin circulating supply – 19,332,656 BTC •Bitcoin total supply – $590,073,473,791 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 The price of Bitcoin (BTC) is rising after rallying t...

The Bitcoin logo lights up on the European Central Bank building in Frankfurt as Bitcoiners urge bankers to ‘study Bitcoin.’ “The signal goes on, and he shows up. That's the way it's been. That's the way it will be.” Whenever Gotham faces an existential threat, the Bat-Signal lights up the night sky. In the DC Comics universe, Batman always shows up to save the day when he’s called upon. Bitcoiners in Germany employed a similar tactic this week, emblazoning the preeminent crypto currency’s logo with a message to ‘study Bitcoin’ on the side of the European Central Bank building in Frankfurt. The images were shared widely across social media, with notable Bitcoin (BTC) proponents and various company profiles lauding the display. #Bitcoin looks good on the ECB building pic.twitter.com/k8odYEpAZd — Alistair Milne (@alistairmilne) March 30, 2023 A dose of the proverbial ‘Orange Pill’ is particularly pertinent given that the global banking sector has been under the spotlight ...

Xrp climbed to its highest level since last May, as bullish sentiment returned to cryptocurrency markets. The token rose by as much as 17% in Wednesday’s session, with the global market cap over 5% higher. Cardano also rallied, rising by over 11%. XRP XRP maintained its bull run on Wednesday, as prices rose by as much as 17% in today’s session. Following a fall to a low of $0.4866 on Tuesday, XRP/USD raced to an intraday high of $0.5804 earlier in today’s session. As a result of the move, XRP hit its strongest point since May 9, breaking out of a long-term ceiling at $0.5550 in the process. XRP/USD – Daily Chart The surge came as the 14-day relative strength index (RSI) also broke free of a recent ceiling at the 70.00 mark. At the time of writing, the index is now tracking marginally below yet another point of resistance, this time at the 75.00 mark. Overall, earlier gains have somewhat diminished, as bulls appear to have secured profits, near this cu...

The popular crypto trader, Kaleo (@CryptoKaleo), tweeted this morning that he is still bullish on the crypto market leader Bitcoin (BTC). His latest tweet served as a “daily reminder that nothing has changed.” The trader concluded the tweet by stating that $40K for BTC is still a magnet. BTC’s price has risen 3.46% over the last 24 hours according to CoinMarketCap. Despite the 24-hour gain, BTC’s weekly price performance remains in the red at -0.80%. As a result, the leading crypto by market cap is trading at $28,007.43 at press time. BTC has also made its way onto CoinMarketCap’s trending list, and occupies the number 2 slot. This ranks it underneath Arbitrum (ARB) and above Ripple (XRP). Meanwhile, BTC’s dominance has slipped 0.02% over the last day, taking its market dominance to approximately 46.07%. BTC/USDT daily chart (Source: TradingView) BTC’s price broke below the positive trend line present on its daily chart on 21 March and has consolidated between $26,61...

Join Our Telegram channel to stay up to date on breaking news coverage Green cryptocurrency C+Charge started to make waves near the end of January, and now, only 24 hours remain till the conclusion of its presale. C+Charge has turned heads since the beginning, and by raising $3.5 million in the seed funding rounds, many crypto influencers have come out to voice their opinions about where this green crypto is heading. Most of them are bullish about the future of this eco-friendly crypto, including our resident analyst Jacob Crypto Bury – who has included CCHG in one of his latest lists of the best crypto investments. C+Charge – Using Blockchain to Solve EV Problems EV vehicles have started to make homes on the roads, but the pace isn’t fast enough. C+Charge understands the problem with this and has come up with a blockchain-powered solution to fix it. Lack of information and lack of rewards is what stops the EV system from growing – and C+Charge aims to...

The number of irretrievably lost bitcoins has now reached 6 million, which leaves 13.3 million as coins that remain in circulation, Timothy Peterson of Cane Island Alternative Advisors has said. Peterson added that out of the 1.7 million bitcoins that will be mined in the next 100 years or more, one million coins will be lost in the same period. One Million Lost Bitcoins According to Timothy Peterson, an author and manager of Cane Island Alternative Advisors, the number of irretrievably lost bitcoins has now reached 6 million. In his latest tweet on the subject, Peterson asserts that from the estimated 19.3 million bitcoins that had been mined by March 25, 2023, only 13.3 million remain in circulation which is “probably all you will have access to in your lifetime.” I estimate that, as of this week, 6 million of the 19.3 million #bitcoin mined have been irretrievably lost. (See related research at https://t.co/ULso76SXjD ) This means 13.3 million remain with only 1.7 m...

According to recent Dune data, the US government has seized Bitcoin in droves, surpassing MicroStrategy as one of the largest holders of the digital asset. Specifically, the United States holds more than 205,000 BTC as of March 27. This is slightly more than 1% of the circulating supply. The Bitcoin held by the US government is worth an estimated $5,734,743,113 currently. Moreover, the amount is more than MicroStrategy’s 132,500 BTC holdings, as well as Tesla’s 10,725 BTC. These amounts combined still equate to less than the amount held by the US authorities. Source: TheStreet United States Government Top BTC Holders According to recently released data, the US government has seized a plethora of Bitcoin over the last year, holding more than even MicroStrategy. Specifically, the United States government is reportedly in possession of 205,000 BTC, which is less than it had even earlier this month. Specifically, the data revealed that the government had around 215,000 BTC ...

Author：Lily Editor：Colin Wu 1. South Korea’s weekly summary 1.1 Upbit announced the addition of MAGIC in the BTC market link On March 21, Upbit, the largest exchange in South Korea, announced the addition of MAGIC in the BTC market, which only supports deposits from the Arbitrum network. Trading is expected to open at 4 pm on March 21st. MAGIC is a token of Treasure, a gaming platform and ecosystem project built on Arbitrum, and has previously been listed on exchanges such as Binance. 1.2 K-pop singer G-Dragon to sell “Archive of PEACEMINUSONE” NFTs on OpenSea link On March 21, OpenSea announced that popular K-pop singer G-Dragon will be selling “Archive of PEACEMINUSONE” NFTs on the OpenSea platform, released on the Binance Smart Chain. The first phase will be priced at 0.27 BNB ($88), with a white-listed minting time at 9:00 am on the 22nd and a public sale at 11:00 am, with a total of 13,444 tokens. Following this, there will be a second phase priced at $288 and a third phase priced...

U.S. Treasury secretary Janet Yellen initiated an un scheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as the government’s efforts last week failed to quell the country’s financial calamity. Janet Yellen Initiates Unscheduled Meeting With Country’s Top Financial Regulators The U.S. banking sector remains in turmoil following the collapse of three major banks two weeks ago and the federal government’s measures to address the issues. On Friday afternoon, the four primary U.S. benchmark stock indexes are flat, and bank stocks from institutions like Truist, First Republic, Pacwest Bancorp, and Western Alliance Bancorp have dropped lower than the previous day’s close. A report from Bloomberg states that U.S. Treasury secretary Janet Yellen has scheduled an un scheduled meeting with the ...

The Livepeer price prediction is moving with an uptrend, and the traders could expect an early arrival of a price rally. Livepeer Prediction Statistics Data: Livepeer price now – $7.08 Livepeer market cap – $194.2 million Livepeer circulating supply – 27.4 million Livepeer total supply – 27.4 billion Livepeer coinmarketcap ranking – #160 LPT/USD Market Key Levels: Resistance levels: $9.0, $10.0, $11.0 Support levels: $4.0, $3.0, $2.0 LPTUSD – Daily Chart LPT/USD is currently dealing with the bulls as the coin crosses above the 9-day and 21-day moving averages. The Livepeer price has always sought to increase despite the pressure of the market. However, the crypto market is struggling with volatility, and the market will likely come out in the same way soon. The period after this one should be flourishing. Livepeer Price Prediction: LPT Could Gain More Upwards At the time of writing, the Livepeer price continues to hold strong at $7.0, ...

Metamask users in Nigeria can now directly and instantly buy crypto assets within the mobile app, Consensys and its Web3 infrastructure partner Moonpay have said. According to a Consensys executive, rolling out this feature helps to reduce friction while bringing down barriers that block or stop Nigerians from embracing Web3. Purchasing Crypto via Instant Bank Transfers Consensys, one of the leading Web3 firms, has said users of the Metamask wallet in Nigeria can now directly purchase crypto assets within the mobile app. To help it make this possible, Consensys partnered with the Web3 infrastructure company Moonpay. The addition of this feature allows users from the country to purchase crypto assets without having to set up accounts with centralized crypto exchanges. In a March 21 joint statement, Consensys said the decision to enable direct purchases had been prompted by the very high number of declined or blocked transactions when the method of payment is a credit or debit card. H...

The banking crisis that gripped the United States, had a domino effect on stablecoins, particularly on Circle’s USDC. Investors flocked to rival stablecoin Tether (USDT) as USDC’s value fell below the $1 mark. Although the asset has regained its dollar peg, the market cap of the project has significantly decreased. USDC is not the only stablecoin to face issues. In mid-February 2023, Binance’s BUSD stablecoin issued by Paxos saw the end of its issuance. The U.S. Securities and Exchanges Commission (SEC) cited Paxos Trust for failing to declare the Binance stablecoin as a security. BUSD has been identified by the SEC as an unregistered security, with all the potential legal ramifications that could ensue. The New York Department of Financial Services ordered Paxos Trust Co. to stop printing any more BUSD. With two large players in the stablecoin industry out of the way, Tether ( USDT ) has managed to attract a significant clientele from both platforms. According to data from CryptoS...

Sweden’s largest pension fund, Alecta, has sold all First Republic Bank shares at a $728 million loss, according to Yahoo. Moreover, the move follows the recent rescue efforts taken by some of the largest banks in the United States following its plummeting stock prices. The past few weeks have seen the closure of Silicon Valley Bank spur a crisis in the US banking sector. Subsequently, First Republic was heading toward a similar fate at the start of last week. Now, as the industry attempts to correct itself, one of the largest financial entities in Sweden is taking action. JUST IN: Sweden's largest pension fund sells all First Republic Bank $FRC shares at a $728 million loss. — Watcher.Guru (@WatcherGuru) March 21, 2023 First Republic Shares Sold at $728 Million Loss The past few weeks have been dominated by a spurring banking crisis in the United States. Subsequently, amidst the collapse of Silicon Valley Bank and Signature Bank, the country had witnessed its ...

Crypto analyst Scott Melker talked about his journey as a trader and how he found the crypto space while working as a DJ. Scott Melker, commonly known in the crypto space as “The Wolf of All Streets,” tells the story of how he went from performing very poorly trading stocks and mutual funds to becoming one of the most-followed crypto analysts in the industry.  In the latest episode of Cointelegraph’s Crypto Stories, Melker narrates the tale of how the name The Wolf of All Streets came about. According to Melker, it all started as a joke, as he was also known for being a disc jockey. He explains: “Somebody jokingly told me that ‘Why are you talking about these charts, DJ? Stay in your lane. You know music — you don’t know anything about markets. You’re some kind of fake Wolf of Wall Street or something.’ And I said, ‘Ha, I’m the Wolf of All Streets.” Melker says that he temporarily changed his name as a joke, but the nickname stuck, and people started calling him Wolf. “It was a joke...