NFT News Daily TheBittimes.com

The Bitcoin price prediction bounces off the support at $23,322 as the coin moves close to the resistance level of $23,700 within the channel. Bitcoin Prediction Statistics Data: Bitcoin price now – $23,645 Bitcoin market cap – $453.3 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: $27,000, $28,000, $29,000 Support Levels: $21,000, $20,000, $19,000 BTC/USD is trading around $23,645 with a 0.07% gain as the coin touches the daily high at $23,679. According to the daily chart, the Bitcoin price may begin to fight to cross above the 9-day moving average as it could move near the upper boundary of the channel. However, for BTC/USD to remain above the moving averages, the bulls need to make the $23,500 support level to be strong. Bitcoin Price Prediction: Bitcoin (BTC) Could Spike Higher At the moment, the Bitcoin price is seen

In response to the massive ETH staking requests issued in one day, Lido Finance has implemented a new safety feature to limit staking rates. The popular liquid staking protocol announced the development on its Twitter feed and discussed how the new feature works for users. The staking protocol had announced that it had “…registered its largest daily stake inflow so far with over 150,000 ETH staked.” In the same announcement, it noted to users that a feature, called the Staking Rate Limit, was to be implemented. Lido protocol has registered its largest daily stake inflow so far with over 150,000 ETH staked. 🎉 Upon reaching this number, a curious (but important) protocol safety feature called Staking Rate Limit was activated. Here’s how it works🧵👇 pic.twitter.com/ngBtWz7q18 — Lido (@LidoFinance) February 25, 2023 Lido Introduces Staking Rate Limit In a Tweet, Lido Finance announced that it would implement a new safety feature to limit staking rates. Conversely, t

Join Our Telegram channel to stay up to date on breaking news coverage The Maker price prediction shows that MKR is moving higher to stay above the 9-day and 21-day moving averages. Maker Market Price Statistic: Maker price now: $762 Maker market cap: $750.6 million Maker circulating supply: $977.6 million Maker total supply: $977.6 thousand Maker coin market ranking: #68 MKR/USD Market Key Levels: Resistance levels: $930, $950, $970 Support levels: $600, $580, $260 MKRUSD – Daily Chart MKR/USD begins the bullish movement as the coin breaks higher aiming to cross into the overbought region. At the moment, the Maker (MKR) is making a gain of almost 7.92% and touches the daily high of $775. However, the crypto is managing to keep its price above the 9-day and 21-day moving averages. Meanwhile, traders can expect Maker to prepare itself steadily for a ride toward the upper boundary of the channel. Maker Price Prediction: MKR Price Ready for the Upside In the last fe

Feb 25, 2023 at 11:29 // Price Author Coin Idol The price of Quant (QNT) is falling as it breaks below the moving average lines. Quant long-term price forecast: declining Two rejections at the previous highs of $155 and $145 fueled the downtrend. QNT posted an upside correction after one of the rejections at the $145 high, but failed to break the $145 barrier. On the downside, the cryptocurrency will continue to fall if it drops below the moving average lines. If the $125 barrier is broken, the bearish momentum will continue. If the altcoin reaches the breakout

VeChain is attracting heavy bullish sentiment in the indices and is looking to climb above the $0.030 mark. The cryptocurrency has doubled in price since the start of January 2023 and could go further in the indices in the days leading up to The HiVe launch. The launch is scheduled for Mar. 4, 2023, and VET might have more upside for the next seven days. You can read more details about the launch here. Also Read: 10 Reasons Why Coinbase’s Ethereum L2 ‘Base’ Is a “Big Deal” What Next After VeChain? While VeChain explodes in price, two other cryptocurrencies are performing well in the indices. In this article, we will highlight the two cryptocurrencies to watch out for in March 2023. 1. Binance Coin (BNB) Source: OutlookIndia.com Binance Coin (BNB) climbed above the $300 mark this month despite several ups and downs in the indices. Since the beginning of January, the token’s price has steadily increased from a low of $240 to a high of $332. BNB is attracting bullish sentim

A statement released today from the Federal Reserve saw the regulator warn US banks about crypto-related liquidity risks. Now, with government intervention having many fearing for Operation Choke Point 2.0, the government’s attempt to shut down crypto, that same Fed warning could affect the more than 130 banks that are involved in crypto. With regulatory agencies increasing their efforts against the crypto industry, the Federal Deposit Insurance Corporation (FDIC) has noted significant crypto adoption from banks. Finbold reported data released today that shows more than 136 banks in the country are already involved or planning to be involved in crypto-related activity. Source: TIME Fed Warning Could Affect Significant Banks Over the past few weeks, it seems as though the US Securities and Exchange Commission is issuing another settlement. Starting with Kraken and crypto staking, and eventually shutting down Paxos BUSD issuance. Subsequently, the Federal Reserve has not joined the

The VeChain network is actively engaging with its community. Despite several ups and downs, VeChain managed to hold on strong and has been rallying since the start of January 2023. We asked ChatGPT what it thinks about the VeChain community, and the AI bot responded by hailing its vision and mission. Also Read: Whale Activity Surges in Cardano, Sandbox & Decentraland ChatGPT: What Does The AI Bot Think About The VeChain Community? Source: ATRIA Innovation ChatGPT praised the VeChain community by calling them a bunch of investors who are “active and engaged.” The AI bot also stated that the VET community fosters the blockchain with various initiatives and encourages the adoption of the technology by new investors. The bot also revealed that the community firmly believes in the ecosystem and the potential breakthrough of blockchain technology. Also Read: VeChain Spikes Double Digits: Skyrockets to $0.03 After a 100% Rise in 2023 Here’s what ChatGPT has to say about th

Join Our Telegram channel to stay up to date on breaking news coverage The 1inch Network token, 1INCH, suffered a 1.61% downtrend in the last 24 hours. However, the token has been on an uptrend in recent weeks, and investors can take advantage of the dip and add it to their portfolios. 1inch Network is a decentralized exchange (DEX) aggregator that assists customers in locating the best token trade prices. The platform aggregates across several liquidity pools and recommends the most effective way to trade tokens as opposed to exchanging tokens from the single liquidity pool of a DEX. The most audited project in DeFi offers consumers affordable prices, a high degree of security, and access to the deepest liquidity from various sources across different blockchains. The 1INCH token is the governance and utility token of the Network. Holders of 1INCH tokens can stake them to take part in the Network’s DAO governance, including the control of the 1inch DAO treasury. Buy the 1INC

According to recent data on DefiLlama, Arbitrum has been ranked second in terms of DEX volume. The network took over its counterpart, Binance Smart Chain, and it is currently standing right below Ethereum. Source As seen in the above image, Ethereum’s weekly volume dipped by 13.88%. Arbitrum , on the other hand, has been up by 34.15% over the last 7 days. BSC was mirroring Ethereum as its volume dipped by 16.39%. At press time, Arbitrum ’s daily volume was at a high of $395.22 million. BSC was right behind at $331.78 million. Ethereum conquered the competition with $1.47 billion in 24-hour volume. Arbitrum has been thriving lately. The daily transactions chart highlighted that the network hit an all-time high. Earlier today, the network recorded the highest number of transactions (929,689). Source Furthermore, the number of unique addresses in the network also followed suit and went on to reach an all-time high of 2,924,658. Why is Arbitrum outshining the rest of

PIVX — The People’s Privacy Coin, Why? PIVX is a privacy-focused, decentralized cryptocurrency that stands for “Private Instant Verified Transaction”. It was launched in 2016 as a fork of DASH, which is another cryptocurrency that uses a similar masternode system. One of the main Features of PIVX is its focus on privacy and anonymity. It uses a combination of cryptographic techniques to hide the transaction details and keep the identity of the participants anonymous. PIVX uses a technology called “zPIV” (zero-knowledge Proof of Identity Verification) to ensure that the transactions remain private and untraceable. Another important feature of PIVX is its masternode system. Masternodes are special nodes that perform important functions on the PIVX network, such as validating transactions and governing the network. In exchange for providing these services, masternode operators are rewarded with PIVX tokens. In addition to privacy and the masternode system, PIVX also offers fast transacti