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Justin Sun, the cryptocurrency entrepreneur and founder of the blockchain DAO ecosystem Tron, being the official advisor of the crypto exchange Huobi, has been reportedly catering to Chinese customers after two years of the Chinese crypto ban. Notably, on 31 March, Bloomberg tweeted that the crypto mogul Justin Sun’s controversial strategy for regaining lost market share at Huobi Global. Inside crypto mogul Justin Sun's controversial strategy for regaining lost market share at Huobi Global https://t.co/UTh56PFWJK — Bloomberg (@business) March 31, 2023 Previously, in 2021, Huobi shifted much of its operations to Singapore, cutting off the ties with Chinese customers when the government of China outlawed the crypto market in China. Interestingly, the people familiar with the matter informed that Sun has currently shared his preference to retrieve Huobi’s crypto trade in China. It was also revealed that he has used almost $200 million of his wealth to ...

The 1inch price prediction shows that 1INCH may continue to show a bullish movement if the market could rise above the $0.65 level. 1inch Prediction Statistics Data: 1inch price now – $0.59 1inch market cap – $490.6 million 1inch circulating supply – 834.8 million 1inch total supply – 1.5 billion 1inch Coinmarketcap ranking – #86 1INCH/USD Market Key Levels: Resistance levels: $0.75, $0.80, $0.85 Support levels: $0.40, $0.35, $0.30 1INCHUSD – Daily Chart 1INCH/USD has been showing some positive movements for the past few days as the market crosses above the 9-day and 21-day moving averages. Apart from this, the price of 1inch may need to head toward the upper boundary of the channel and traders can expect the price to hit the nearest resistance level of $0.65. 1inch Price Prediction: 1INCH/USD Could Maintain the Upward Movement The daily chart shows that the 1inch price is attempting to create a new positive trend, and traders may ex...

Although transparency is one of the fundamental traits of cryptocurrencies, scanning a blockchain for transactions can be extremely daunting. Blocktrace, an Austin-based startup, believes artificial intelligence (AI) will speed up blockchain analysis and allow trend detection and anomalies in the cryptocurrency space more conveniently. Blocktrace created a chatbot called Robby the Robot to interact with data on the Bitcoin (BTC) blockchain. They named it after the famous character from the science fiction movie “Forbidden Planet.” Additionally, the company chose Bitcoin (BTC) as the first blockchain for its large sample size and history. MaGruder said that “Bitcoin is a great project to start with, and will likely always be around.” Moreover, the CEO added that Bitcoin (BTC) “has a large pool of user base addresses with a lot of activity.” ChatGPT + Bitcoin, please meet Robby the Robot. As a language model equipped with advanced natural language processing technology, Ro...

Polygon partners with Wakwelli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens to certify NFT originality. Wakweli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens (NFT) has officially collaborated with Polygon, a blockchain platform that enables blockchain networks to connect and scale to make NFT authentication possible. The partnership between Polygon and Wakweli means that all digital assets on Polygon will be compatible with Wakweli's certification system. According to the announcement, every NFT project holder on the Polygon chain will also be able to request authenticity certificates for each of their assets. The collaboration generally aims at enhancing the security of the digital ecosystem. In response to the cost of the certificate authentication for users, Antoine Sarraute, Co-Founder of Wakweli, told Cointelegraph that staking WAKU — the utility token of Wakweli — is neces...

The crypto fear & greed index is an aggregate of various components and factors of the current crypto market. The index is updated on a daily basis, and it varies. With the change in market conditions, crypto asset volatility, market statistics, trading volume, and other factors, the index changes. The index helps investors and traders make the right move in the market. The general indication is that, when there is extreme fear, it could be a buying opportunity. Similarly, when there is too much Greed in the market, investors should brace for a correction. Also read: Terra Founder Do Kwon Tells Police He Was Surprised by His Arrest Data from Alternative revealed that the Bitcoin fear & Greed index touched a 16-month high of 68 on March 21, 2023. However, according to the latest details, the Greed factor has dipped. Source: Alternative Bitcoin Fear & Greed Index falls to 59 The stage of Greed was touched after almost 16 months of fear and extreme fear. H...

In twelve hours preceding the indictment, almost $1.5 billion of crypto left several centralized platforms, according to Thanefield Capital. Right before the exchange platform Binance and its CEO Changpeng Zhao have been accused of regulatory violations by the United States Commodity Futures Trading Commission (CFTC), almost a billion dollars in crypto reportedly left the platform’s wallets.  According to the Thanefield Capital data research, a few hours before the Binance CFTC indictment , which occurred at 3 pm UTC on Monday, March 27, an unusually large amount was withdrawn across centralized exchanges. In 12 hours preceding the indictment , almost $1.5 billion left such platforms as Binance, Kraken, Coinbase and Bitfinex. More than half of it, or $850 million, was withdrawn from Binance. Just one hour after the announcement, Binance saw an additional $240 million withdrawn. According to the data from Nansen, in the past 24 hours, more than $400 million were withdrawn only in Ether...

While the cryptocurrency market has taken a hit following the allegations against Binance, Ripple (XRP) is standing tall amidst the chaos. The cryptocurrency market, which has been trading in the green amidst the collapse of several banks, has reversed directions. Following the lawsuit by the US CFTC against Binance and CZ, the prices of Bitcoin, Ether eum, and other major assets have taken a toll. Also read: KuCoin Launches Bounty Reward Program Worth $1 Million on HackenProof Source: Cryptoslate Ripple up by 22% over the last seven days According to the data from CoinMarketCap, Ripple is up by 3% in the last 24 hours. At press time, XRP is the one of the only assets that is trading in the green and stands at $0.4621. The 24-hour trading volume is also spiked by 80%, bringing its market cap up by 4% in the last 24 hours. The data also shows that it’s up by 22.6% in the last seven days and 22.49% in the last 30 days. Also read: Shiba Inu Burn Rate Spikes by 6...

Several mainstream brands around the world have been expanding into the Crypto, NFT, Metaverse, and Web3 space. The luxury brand Gucci is one such name. On Monday, March 27, the brand announced a multi-year partnership with Bored Ape Yacht Club’s Yuga Labs. Luxury brand Gucci has announced a partnership with Yuga Labs , and Gucci will play a role in Otherside and 10KTF, which will begin participating in Otherside this week.https://t.co/VBcwpQ0Wf4 — Wu Blockchain (@WuBlockchain) March 27, 2023 Also Read: Nissan Files 4 Web3, NFT, Metaverse Related Trademark Applications Gucci x Yuga Lab’s partnership to help explore fashion x entertainment’s intersection According to a report from The Business of Fashion, the deal would extend engagement between each company’s communities “by exploring the intersection between fashion and entertainment in the Metaverse.” Commenting on the latest tie-up, Robert Triefus, Gucci ’s Senior Executive Vice President, Corporate and Brand St...

1. ETH’s weekly summary a. ETH Research Grant announces round 2 recap and result link The Ethereum Research Grant has completed its second funding round at DoraHacks.io. Out of the 26 teams that applied for the grants, five were chosen to receive grants of $5,000 in total based on their community voting ranking. Here are the grantees selected from the 2nd round applicants of ETH Research Grant, ranked by MACI community voting: Antsyb, Eigen Network, Topia, DeGov MODEL, MemeBook. b. Ethereum node operators urged to upgrade ahead of Shanghai/Capella upgrade link All node operators on Ethereum are encouraged to upgrade their nodes in advance of the upgrade, which is scheduled to activate on April 12, 2023 at 6:27 PM (ET). The maximum bug bounty for identifying a vulnerability in the Shanghai/Capella upgrade has been doubled from $250,000 to $500,000 between now and the time of the fork. 2. MakerDAO to keep USDC as its primary reserve link On March 24, the MakerDAO community voted to keep ...

Mar 24, 2023 at 08:48 // Price Author Coin Idol Ethereum (ETH) is currently trading in the positive trend zone and bouncing above the $1,800 support. Long-term analysis of Ethereum price: bullish Since March 14, the uptrend has stalled above the $1,800 support. At the time of writing, the Ether price is at $1,819. The price movement has remained the same above the current support. The upward movement was stopped by the resistance at $1,850. Last week, the price of the cryptocurrency retested the resistance level to continue rising. The resistances of $1,8...

There’s a saying in the stock and cryptocurrency markets that only ‘God and a liar can buy at the low and sell at the top’ . The phrase suggests that nobody can purchase a stock at its complete low and sell it at its all-time high. Impeccable timing cannot be mastered in the markets due to its nature of being volatile. However, a strange yet mysterious Shiba Inu whale defied the market logic by taking a perfectly timed entry and exit position to make money with SHIB. Also Read: Shiba Inu: If You Invested $100 in Jan 2021, You Could Make $14 Million Today The whale’s entry into SHIB during its low and perfectly timed exit during its high has baffled cryptocurrency experts. The Shiba Inu whale took an exit position into SHIB not once, but twice during the same year. While exiting at the top for the first time can be considered lucky, the whale exited five months later during another range high. In this article, we will highlight how a SHIB whale sold his/her holdings when the token re...

SVB’s epic failure occurred “at a bank that happened to deal with crypto customers” but “was not a crypto-induced problem,” said Mick Mulvaney. In the United States, crypto reform legislation isn’t the province of a single political party, and that’s why a former U.S. Congressman, who also played a prominent role in the Trump administration, believes that passage of a federal “digital assets” law this year is a real possibility. “Democrats aren’t all on one side; Republicans aren’t all on the other side,” said Mick Mulvaney, who was budget director and later acting White House Chief of Staff from January 2019 to March 2020, told Cointelegraph, further explaining: “I do think in this Congress, which has got functionally about 14–16 months left before it sort of shuts down before the next election cycle, you will get a meaningful piece of legislation on blockchain/crypto — what we’re referring to collectively as digital assets.” Mulvaney’s government resume is long and varied. In addit...

Arbitrum, a leading Layer-2 scaling solution for Ethereum has announced the launch and airdrop of its native token, ARB. It’s official — there’s a new Layer-2 token on the block. Arbitrum, a leading contender in the field of Layer-2 scaling solutions for Ethereum (ETH) has recently unveiled the launch and airdrop of its native governance token, ARB. Since its launch in 2021, the network has become one of the largest projects without a token, fueling excitement and anticipation for its impending launch. ARB to drive Arbitrum governance Arbitrum is an Optimistic Rollup solution that shifts network operations away from the Ethereum mainnet while still maintaining Ethereum-level security. It runs on its own Blockchain and allows developers to deploy smart contracts that can process a higher number of transactions per second, thus lowering overall fees. According to the latest data from L2 Beat, Arbitrum currently dominates the L2 wars, holding 55% of the market share in terms of total val...

Scandal rocks the Vietnamese digital technologies sector as MinePlex , a well-known Singapore-registered cryptocurrency company, is accused of being a Ponzi scheme by national VTV Channel. The accusations were made in a news report titled "The electronic bank self-proclaimed as MinePlex operates illegally" on March 9, 2023. MinePlex responded with an official letter inviting VTV to work with the company and its lawyer to resolve the issue. MinePlex emphasizes that the company underwent registration as a legal entity in Singapore and its team passed the KYC check of international company CertiK.  The same firm audited the MinePlex blockchain. MinePlex also clarified that the project does not own a banking license but operates in partnership with traditional banks, with a strategic partnership already announced with a major Brazilian bank in 2023. All this information was available on its official web but somehow was left unnoticed by VTV journalists.  Furthermore, MinePl...

Carbon Collaboration with Presearch, a privacy-focused, decentralized search engine that launched in 2017 and has amassed over 4.3M registered users. With a focus on privacy and decentralization, Carbon and Pre search make a powerhouse in web3 tech, for a combined 10 million + registered users/downloads. Effective today, Pre search will be the default search engine for Carbon Browser users. As Carbon announced its Collaboration with Pre search . What this means in real terms By integrating Pre search into its Carbon browser, now when users search from the search /address field, search es will automatically be directed to Pre search instead of DuckDuckGo, providing Carbon users with a search engine that is even more aligned with their values. For Pre search , it’s an opportunity to reach a wider audience of users who are passionate about decentralization, privacy, and web3, and who are interested in owning and earning cryptocurrency. This integration provides another easy, seamle...