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Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction reveals that BTC may break out of the current short-term pattern and move toward the $32,000 level. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,612 Bitcoin market cap – $574.9 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: $35,000, $37,000, $39,000 Support Levels: $25,000, $23,000, $21,000 BTC/USD is at the moment trading at $29,612 with a 1.39% gain since the beginning of today’s trading. The Bitcoin price may cross above the upper boundary of the channel. Moreover, for BTC/USD to remain above the 9-day and 21-day moving averages, it could make many traders feel that the $29,000 support level could be pretty strong. Bitcoin Price Prediction: Would BTC Price Break Higher The Bitcoin price could not dr

Join Our Telegram channel to stay up to date on breaking news coverage During one of the year’s most successful presales, Love Hate Inu was able to attract approximately $8.4 million from a wide range of investors. The hype around the world’s first vote-to-earn cryptocurrency is reaching a fever pitch as the presale raises millions of dollars. Love Hate Inu CEO Dawkins plans to list the project on the decentralized exchange Uniswap to enable broader participation. The project will also conduct polls on governance issues, including decision-making on marketing budgets, and has received positive feedback on its prospects. Is Love Hate Inu a good investment? Love Hate Inu is a meme token that allows users to vote on current events and be paid for their thoughts. The website allows users to share their opinions on politics, entertainment, and social issues while also being a part of a community that cares about what they think. The voting method is based on blockchain technolog

According to information from Etherscan Data, the 19th largest Shiba Inu whale purchased more than 150 billion SHIB in a recent buying spree. Specifically, the whale acquired 150,55,500,877 SHIb worth more than $1.55 million.  The reported data shows that the acquisition took place over the course of only 24 hours and in three separate transactions. Moreover, it was reported that the haul took place as the SHIB community underwent a rather large burning spree of their own. Source: Coins.ph SHIB Whale Spends Big In what is an awesome development for the asset, a top 20 Shiba Inu whale added more than 150 billion SHIB in a buying spree. Additionally, data shows that the whale in question initially started purchasing relatively small amounts of the asset. Specifically, purchasing 16,099,042,840 billion SHIB. Subsequently, the second transaction that took place was a transaction of 108,040,560,167 SHIB. Additionally, that acquisition was worth more than $1 million. Then, th

Hong Kong’s central bank has urged banks to provide services to crypto firms even before they receive the license. The Hong Kong Monetary Authority (HKMA), the city’s central banking institution and regulator , has called on banks to provide their services to crypto currency firms . On April 27, HKMA issued a circular related to the access of corporate customers to banking services. In the document, the regulator has required authorized institutions, referred to as AI, to adopt a risk-based approach in Anti-Money Laundering efforts. HKMA also urged the institutions in Hong Kong to pay attention to market developments and take a forward-looking approach to new sectors like the crypto market. Hong Kong’s central bank has specifically required the institutions to help virtual asset service providers (VASPs) in getting banking services, stating: “AIs should endeavor to support VASPs licensed and regulated by the Securities and Futures Commission on their legitimate need for bank accounts

He gave these predictions following his participation in a roundtable featuring the Digital Euro . As he noted, the CBDC will exist first as a Central Bank alternative to cash and as a tokenized bank deposit. Additionally, the Digital Euro will take the form of a stablecoin or regulated e-money. advertisement According to Hansen, despite the efforts of the government to ensure a proper development of its CBDC , the private sector is better equipped to deliver the much needed payment solution involving stablecoins. With many nations, numbering up to 110 now deeply involved in CBDC research and development, the EU is hoping to stay on top of this next level payment innovation. After the bloc’s Parliament passed the Markets in Crypto Assets (MiCA) Bill earlier this month, the region has earned the tag of one of the most proactive regions tilted to innovations bothering the Web3.0 ecosystem. Potential Timeline for Digital Euro Launch

Join Our Telegram channel to stay up to date on breaking news coverage Binance, the world’s leading cryptocurrency exchange, has recently made some noteworthy changes in its policies regarding Russian citizens and residents. Binance had earlier imposed certain restrictions on Russian users in response to the sanctions imposed on Russia by the European Union. However, in a recent development, the exchange has lifted these restrictions and allowed Russian users to deposit funds using their bank cards issued in the country. Binance Lifts Restrictions on Russian Users Earlier in March 2022, Binance had announced that it would not support deposits from Visa and Mastercard cards issued in Russia. Additionally, it had also stated that it would not accept any Visa and Mastercard deposits made from the country. With the latest changes in its policies, Binance has allowed users to deposit various currencies, including Russian rubles, euros, British pounds, and more, from their bank ca

Lido in a tweet on March 15 revealed an update on staked Ethereum withdrawals from the staking protocol. As Ethereum developers prepare for withdrawals with the Shanghai mainnet upgrade expected in early April, Lido is falling behind as it focuses on completing the V2 audits first. advertisement Lido DAO contributors started testing Shapella (Shanghai and Capella) functionality for the Ethereum Goerli upgrade on the Zhejiang testnet on Friday. However, the time spent on undertaking audits has caused delays in readiness for the Goerli upgrade. Thus, the target date for the upgrade by Lido is postponed to next week. Ethereum core developers also noted that several validators didn’t upgrade with the latest client software releases causing issues after the Shapella upgrade was triggered on the Goerli testnet. This caused the upgrade to finalize after 15 epochs. Lido asserts that node operators will require at least 3-4 weeks to fully implement and test validator

U.S. CPI Data Acting As Catalyst In recent days, the cryptocurrency market has been in a state of turmoil, with Ethereum going through a huge price correction that has caused its value to decline from a high of $1,710 to a low of $1,460 in the past 11 days. The behavior of Ethereum whales can have a substantial impact on price corrections, despite the fact that market factors can also play a vital role. advertisement According to statistics collected on the Ethereum blockchain, during this 11-day period, whales who had between 100,000 and 1,000,000 ETH sold or redistributed around 350,000 ETH, which was worth $560 million. The sharp price decline that the cryptocurrency witnessed may have been considerably impacted by this large exodus of the asset. Read More:  Check Out The Top 10 DeFi Lending Platforms Of 2023 When it comes to macroeconomic data like the U.S. CPI data, if inflation stays the same or even increases, there will be a tendency toward selling ETH.