Posts

Showing posts from March, 2023

Why Is Australia's ANZ Halting Fiat Deposits & Withdrawals?

One of the “Big Four” Banks in Australia , ANZ, will stop allowing deposits and withdrawals from a number of its Australia n branches. The move is an attempt to push users towards ATMs and deposit machines. The decision has drawn criticism from people like Patricia Sparrow, CEO of the Council on Aging. According to Sparrow, the shift may have a disproportionately negative impact on older individuals because they are less technologically savvy. Others have asserted that it would increase the vulnerability of fiat users to technical problems. The action has also stoked new concerns about efforts to replace cash with CBDCs (central bank digital currency). Australia is currently running a CBDC pilot program, with an update due in the middle of 2023. One of the effects noted by the RBA was that a CBDC might replace the Australia n dollar. The potential impact on personal freedom and privacy of CBDCs replacing currency is a significant additional concern. According to an ANZ spokeswoman,

Bitcoin, Ethereum Technical Analysis: BTC Rises to $29,000 for First Time Since Last June

Image
Bitcoin rose above $29,000 on Thursday, as price moved to its strongest point since last June. The surge came despite some consolidation in cryptocurrency markets, ahead of the upcoming U.S. GDP report. Ethereum was also higher, as it continued to trade above $1,800. Bitcoin Bitcoin (BTC) moved to its highest point in nine months, despite cryptocurrencies mostly consolidating ahead of the upcoming U.S. GDP report. Following a low of $28,155.83 on Wednesday, BTC/USD raced to an intraday peak of $29,159.90 earlier in the session. As a result of this surge in price, bitcoin climbed above the $29,000 level for the first time since June 10. BTC/USD – Daily Chart Looking at the chart, the move came as BTC briefly broke out of a resistance at $28,500, with the relative strength index (RSI) moving past a similar threshold. As of writing, the index is tracking at the 65.27 level, which is marginally above its ceiling at 65.00. Overall, BTC bulls have moved to secure some of their earlie

BitTorrent Price Prediction 2023-2030: Will BTT Price Hit $0.0000013 Soon?

Image
BitTorrent is a utility project for file storage that is owned by Tron founder Justin Sun. It is a TRC-20 token. Its native token is denoted by BTT. BitTorrent investors are bullish on the token since it has had a return on investment (ROI) of over 6.88 times in the past 2 years. The crypto bubble of 2021 led to an increase in the price of BTT to its present all-time high (ATH) of $0.000003054 which was attained in January 2022. Irrespective of the recent crypto winter, BTT investors are confident that the future of BTT is bullish. If you are interested in the future of BitTorrent (BTT) and would want to know the price Analysis and price prediction of BTT for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article. Table of contents BitTorrent (BTT) Market Overview What is BitTorrent (BTT)? BitTorrent (BTT) Current Market Status BitTorrent (BTT) Price Analysis 2023 BitTorrent (BTT) Price Analysis – Keltner Channel BitTorrent (BTT) Price Analysis – Re

Sam Bankman-Fried's Lawyers Are Being Paid With Multi-Million Dollar 'Gift' Funds

Charges against Sam Bankman-Fried have been piling up lately. Just a day back, he was charged with bribing a Chinese official. In fact, as reported earlier today, the FTX founder now has a total of 13 criminal counts and faces more than a century behind bars if convicted. Bankman-Fried’s legal team has been upfront all this while. Right from submitting motions to bargaining bail condition deals, the defense has been checking the boxes one by one. Now, a recent report from Forbes unveiled that Bankman-Fried’s legal defense is allegedly being paid with the “multi-million dollar gift” he gave his father with money borrowed from FTX ’s sister company, Alameda Research. Two unnamed sources with operational knowledge of FTX and Alameda confirmed to Forbes that Bankman-Fried gave “a large monetary gift” to his father Joseph Bankman. The transaction was made in 2021, when Bankman-Fried was the CEO of FTX. Sam Bankman-Fried ’s Legal Defense Is Being Funded With Alameda Money He G

ETH Price Prediction: Ethereum Price Consolidating along $1855 and $1700. Can ETH Hit $2000?

Image
Join Our Telegram channel to stay up to date on breaking news coverage Over the past week, the price of Ethereum has been hovering between the levels of $1855 and $1700, creating a narrow range.  This consolidation phase was anticipated to revive bullish momentum, but due to the growing fear, uncertainty, and doubt (FUD) in the cryptocurrency market, the coin’s price has continued to move sideways. Despite the uncertain market conditions, traders interested in investing in Ethereum can still seek entry opportunities. The combined resistance of the downsloping trendline of the symmetrical triangle pattern and the monthly barrier of $1700 was broken by a massive breakout during the Ethereum price recovery rally. This breakthrough provided buyers with a critical launchpad to extend the ongoing rally. However, after a rapid rally, it’s normal for asset prices to consolidate or pull back to verify stability at higher levels. As a result, the ETH price has been moving sideways sinc

Bitcoin hash rate spikes to 398 exahash, analysts say miners coming back online

Analysts are speculating that the Bitcoin hash rate has seen a big spike recently as miners come back online to reap the rewards of the BTC price hike. Bitcoin's (BTC) hash rate spiked to all-time highs of 398 exahash on March 23, and analysts have been speculating miners are starting to turn their rigs back on as the Bitcoin price rises. According to data aggregator YCharts the Bitcoin network hash rate has dropped to 344.63 as of March 27, an increase from 335.32 on March 26 but it is still up from 178.77 one year ago. In a March 26 post, Sam Wouters, a research analyst at Bitcoin (BTC) financial service provider River Financial, speculated the spike in hash rate is connected to unused mining inventory coming online, new facilities going live, and entrepreneurs finding cheap sources of mining. Bitcoin's hashrate touched 400 Exahash. At the current growth rate in 2023, we'd reach a Zettahash by the end of 2025. I'm getting questions and concerns from people. Where i

Supermodel Gisele Bündchen Spotted With Vitalik Buterin; Rumors Debunked

Image
Crypto insights account Whalechart tweeted about super model Gisele Bündchen being spotted holding hands with Ethereum co-founder Vitalik Buterin in a New York City restaurant. Gisele Bundchen, recently divorced from longtime spouse Tom Brady, was seen holding hands with Ethereum co-founder Vitalik Buterin in New York City's Dumpling Town restaurant sparking rumors of a budding romance. — whalechart (@WhaleChart) March 22, 2023 According to the tweet, the Brazilian fashion model Gisele Bündchen, who recently finalized her divorce from NFL quarterback Tom Brady, has been spotted holding hands with the co-creator of Ethereum, Vitalik Buterin, in a New York City’s Dumpling Town restaurant. The sighting has sparked speculation about a possible new romance for the Brazilian beauty. Bündchen is known for her work as a Victoria’s Secret Angel and her high-profile 13-years of marriage to Brady. Buterin, on the other hand, is a key figure in the world of crypto. As the

Vechain: VET Price Prediction for April 2023

Image
VeChain is trading on the back foot in March after doubling in price from the start of January to February this year. The leading altcoin shed most of its gains in the last two weeks causing losses to investors who took an entry position this month. VET is currently trading at $0.022 and is down nearly 18% in the last 14 days. The cryptocurrency is displaying bearish sentiments despite announcing new collaborations with tech firms around the world. Read here to know the VeChain Foundation’s latest partnership with a Canadian firm to revolutionize supply chain management. Source: CoinGecko Now that VET delivered a meager performance in March, will it display bullish sentiment in April 2023? Let’s find out! Also Read: Coinbase Plans to Develop Inflation-pegged Stablecoin ‘Flatcoins’ VeChain: What Could VET’s Price Be In April 2023? Source: Coinposters Leading on-chain metrics and price prediction firm Changelly predicted that VeChain could trade sideways in April 20

Arbitrum Discord hacker shares phishing announcement amid airdrop hype

Image
The phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive. The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into Arbitrum’s official Discord server.  On March 25, blockchain-focused security firm CetriK revealed the possibility of a phishing link being circulated via the Arbitrum Discord server. It is suspected that a hacked Discord account of one of Arbitrum's developers was used to share a fake announcement with a phishing link. #CertiKSkynetAlert We are seeing reports that a phishing link has been posted in the @arbitrum Discord Server. Do not click on any links until the team has confirmed they’ve regained control of the server.# Phishing #Discord Stay vigilant! pic.twitter.com/XoqHmOXGeV — CertiK Alert (@CertiKAlert) March 25, 2023 The phishing message on Discord offered “the opportun

New Crypto Presale Love Hate Inu Raises $1.5 Million, 24 Hours Before Stage 2 Sells Out

Image
Join Our Telegram channel to stay up to date on breaking news coverage Love Hate Inu (LHINU), a new meme coin project, has raised $1.5 million in its presale just 24 hours before Stage 2 sold out.  The project is quickly gaining popularity and has emerged as a significant player in the competitive cryptocurrency market. With its innovative approach and growing community, Love Hate Inu is set to revolutionize the meme coin ecosystem and provide investors with exciting opportunities for growth and profitability. Greetings #LoveHateInu gang! 👋 Fantastic news – we have exceeded $1.4 million! 🤑💰 A massive thank you to all of our incredible supporters! 🙌 🚀 Come and join us for more amusing #Memecoin excitement! 🤩https://t.co/Pu2Bo8XmK6#CryptoCommunity #AltCoins #MemeCoins pic.twitter.com/hEftrNwPmm — Love Hate Inu (@LoveHateInu) March 23, 2023 The successful presale has generated significant interest in the project, and many eagerly anticipate its official launch. Love