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The Bitcoin price prediction gains 1.29% as bulls keep working hard on BTC to nurture a bullish trend toward the resistance level of $29k. Bitcoin Prediction Statistics Data: Bitcoin price now – $28,318 Bitcoin market cap – $544.5 billion Bitcoin circulating supply – 19.3 million Bitcoin total supply – 19.3 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $34,000, $36,000, $38,000 Support Levels: $24,000, $22,000, $20,000 BTC/USD is hovering at the $28,376 resistance level as the market price stays above the 9-day and 21-day moving averages, indicating a bullish movement. For the past few days, the Bitcoin price has been moving positively and in the context of the Bitcoin exchange rate forecast; an application of $29,000 resistance is expected. Bitcoin Price Prediction: Will BTC Break Above $29k? If the Bitcoin price can cross above the resistance level of $29,000, it is ...

The 2023 Bitcoin rally has been a nice change in trend, after the 2022 winter. BTC holders, for instance, were seen bagging gains following its journey beyond $28,000. However, this wasn’t limited to long-term holders. Short-term holders were also under this category. On-chain analytics firm, Santiment revealed that the average returns for Bitcoin holders were in a favorable zone for the first time in over a year. The network wrote, “The average returns for #Bitcoin amongst long-term hodlers and short-term “new money” has blasted into positive territory for the first time in 14 months.” Source Furthermore, Into The Block highlighted 72% of Bitcoin holders were making money at the asset’s current price. Only 26% of them were at a loss. However, does this mean that the bull market was officially here? Not quite yet. Bitcoin: An impending market crash in the making? According to another source, the MVRV indicator showed that Bitcoin was coming to the conclusion of its bear...

Join Our Telegram channel to stay up to date on breaking news coverage Securedverse is one of the most-awaited crypto games of 2023. The free-to-play, first-person shooter game that gives you diverse, fun opportunities to earn rewards has gone viral in gaming communities. The project has now launched the presale of its native token SVC for people looking for an early investment entry. Judging by the growing interest in the game from both crypto and traditional gaming communities, the SVC presale is positioned to become the biggest this year. Here are three reasons why. 1. Securedverse has a low entry barrier  The global gaming industry has long been predatory in nature, despite the high-end hardware and software integrations over the years. While players spend their time and money on games, gaming studios, and publishers get to take away the profits. The economy is one-way, giving little value to the gamer other than entertainment. Blockchain games entered the arena with pro...

The API3 price prediction shows that API3 breaks above the 9-day and 21-day moving averages to touch the daily high of $1.68. API3 Prediction Statistics Data: API3 price now – $1.60 API3 market cap – $331.3 million API3 circulating supply – 6.9 billion API3 total supply – 35.2 billion API3 Coinmarketcap ranking – #115 API3/USD Market Key Levels: Resistance levels: $2.00, $2.10, $2.20 Support levels: $1.25, $1.15, $1.05 API3USD – Daily Chart At the time of writing, API3/USD is crossing above the 9-day and 21-day moving averages as the coin hit gains of over 3.54% in the last 24 hours. The coin is trading toward the upper boundary of the channel and could also cross above this barrier if the bulls put in more effort while the technical indicator Relative Strength Index moves to cross above 60-level. API3 Price Prediction: API3 (API3) Could Target a $1.80 Resistance Level Looking at the daily chart, the API3 price keeps moving with high p...

Bitcoin continues to astonish market participants by rising on the charts, despite the ongoing macro banking turmoil. On Friday, March 17, the largest cryptocurrency asset surpassed $26.6k and was back to trading around its June 2022 levels. BTC has swiftly glided by around 7% over the past day, pulling up the prices of most other assets alongside. In retrospect, billions of dollars have been added to the global cryptocurrency market cap, with the same flashing a reading of $1.14 trillion at press time. BTC/USDT by TradingView Also Read: BlackRock CEO: More Bank Seizures Could Occur Going Forward, Inflation To Persist Bitcoin to $100k soon? With the recent rally in the picture, most proponents have already started making bullish predictions. Recently, Messari’s Founder, Ryan Selkis took to Twitter to chalk out what to expect over the next 12 months. According to him, the space will witness more banks fail over the next couple of weeks. For now, three well-known banks h...

Join Our Telegram channel to stay up to date on breaking news coverage On Wednesday, the United States Federal Reserve said it would launch its “FedNow” payments service in July. However, in the first week of April, the Fed will commence the certification of participants for the service launch. Some early adopters will complete a customer testing and certification program to prepare for sending live transactions via the system. What- Federal Reserve to launch FedNow program in July Why- the FedNow aims to reduce the milestone in payment between United States financial institutions What Next- the Federal Reserve and the certified participants will conduct product validation activities in June to confirm readiness for the launch in July @federalreserve @frbservices announce July launch for the FedNow Service: https://t.co/a7kPqxkS7Q — Federal Reserve (@federalreserve) March 15, 2023 Notably, the instant payment network will settle payments very quickl...

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin , the world’s biggest cryptocurrency by market cap, has been making headlines lately due to its remarkable surge in price in the past week. In the past week, following the Silicon Valley Bank’s and Silvergate Bank’s collapse, Bitcoin has witnessed double-digit growth and was even able to cross the $26,000 mark on Tuesday taking it to its highest point in the past nine months since June of 2022. However, the coin again fell back to the $24,000 level after hitting a nine-month high of $26,533 on Tuesday and is again (slowly) marching towards the $25,000 level. The coin as of now is up by 0.39% in the past 24 hours. Bitcoin’s rapid price hike this week comes as great news for the crypto community as its movement corresponded with the surge in prices of various other cryptocurrencies and also enabled the crypto market to the $1 trillion market valuation. Why is Bitcoin Surging? There are a lot of ind...

Join Our Telegram channel to stay up to date on breaking news coverage ChatGPT v4, also known as GPT-4, is the latest version of OpenAI’s revolutionary chatbot that has recently captivated the tech industry. The new version reportedly has the ability to successfully pass high school and law school tests, completing them with scores that allowed it to rank among the top 10% of participants. The developers also improved the bot’s processing capabilities, making them much more advanced than what the past version s had to offer. ChatGPT v4 test results are impressive in nearly all areas OpenAI released the figures of GPT-4 test scores yesterday, March 14th. The details also revealed that the bot is now capable of converting images, audio, and even video inputs into text. The tests have revealed that the bot can also easily handle more nuanced instructions, showing increased reliability and creativity. OpenAI’s report noted that It passes a simulated bar exa...

BTC price faces pullback risks thanks to bearish on-chain movements and formidable technical resistance levels. Bitcoin (BTC) received a substantial boost this week as the U.S. inflation levels for February came along the lines of market expectations. On March 14, the BTC/USD pair surged to a new 2023 peak at $26,550 after the news. But while the macroeconomic conditions mat currently be favoring risk-on buyers, certain on-chain and market indicators hint at a potential correction in the near term. BTC flows back to exchanges as price rises Glassnode’s exchange flow data recorded the largest inflow to exchanges on March 13 since May 2022. This means more supply on exchanges and a potentially higher amount of selling pressure. The Coin Days Destroyed indicator, which measures the time-weighted transfers of Bitcoin, also shows a small spike, indicating that old hands are moving coins. The indicators might signal profit booking by long-term holders, which can lead to a correction. Bitc...

Bitcoin NFTs have taken the crypto world by storm in a blink of an eye. Here’s all you need to know about Bitcoin Ordinals and how to create and sell them. Bitcoin nonfungible tokens (NFTs) have captured the crypto world’s attention fast, opening new opportunities for the oldest blockchain and digital art enthusiasts. Since their explosion in 2020, NFTs have been typically minted and traded on Ethereum-based platforms, besides other blockchains, such as Cardano and Solana.  However, a new protocol known as Ordinals was launched in January 2023 by former Bitcoin Core contributor Casey Rodarmor, who exploited the 2021 Bitcoin Taproot upgrade to expand the cryptocurrency capability and enable on-chain Bitcoin-native NFTs. Taproot offered a way to expand the base layer’s block capability by condensing the size of transactions requiring less data usage and encouraging the use of smart contracts on Bitcoin. The upgrade considerably increases the types of transactions possible on Bitcoin, in...

Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today’s session, with the global crypto market cap trading nearly 10% higher. Ethereum classic also moved significantly higher. Litecoin (LTC) Litecoin (LTC) rose by as much as 15% to start the week, as cryptocurrency markets rebounded from recent losses. LTC/USD surged to an intraday high of $79.53 earlier in today’s session, less than 24 hours after hitting a low of $68.66. The move saw litecoin climb to its strongest point since last Friday, when the token was at a peak of $84.92. LTC/USD – Daily Chart Looking at the chart, one catalyst of the move appears to be the 14-day relative strength index (RSI), which broke out of a recent resistance point. As of writing, the index is tracking at 41.05, following a move beyond the aforementioned ceiling at 40.00. Should momentum continue in this direction, there is a strong chance ...