Bitcoin Needs Weekly Close Above $81K to Steer Clear of Potential Downside Before FOMC Meeting

Bitcoin closed the week at $81k, managing to avoid downside risks ahead of the Federal Open Market Committee (FOMC) meeting. This crucial event had investors on edge as they awaited the outcome of the meeting and its impact on the markets. Despite some volatility throughout the week, Bitcoin held strong above the $80k level, showing [...]

The post Bitcoin Needs Weekly Close Above $81K to Steer Clear of Potential Downside Before FOMC Meeting appeared first on Crypto Breaking News.

View Details

How Does Current Bitcoin Rally Compare With Historical Ones?

Here’s how the current Bitcoin rally stacks up against the previous ones in terms of the drawdowns it has experienced so far. The Current Bitcoin Rally Has Seen A Peak Drawdown Of -18.6% So Far In a recent tweet, the on-chain analytics firm Glassnode compared the latest Bitcoin rally with the ones seen throughout the [...]

The post How Does Current Bitcoin Rally Compare With Historical Ones? appeared first on Crypto Breaking News.

View Details

Cardano price outlook: analyst says ADA faces 40% downside | Invezz

Cardano (ADA/USD) is currently the ninth largest cryptocurrency by market size, with its $9.1 billion market cap putting it just behind popular meme coin Dogecoin (DOGE/USD) with a market cap of $10.7 billion. As with the rest of the crypto market, ADA, the native token of the Cardano blockchain ecosystem, has been battered mercilessly during ... Read more

<p>The post Cardano price outlook: analyst says ADA faces 40% downside | Invezz first appeared on CCNC.</p>

View Details

Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more

Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies.

View Details

‘Making a Stronger Impact Artistically’ — An In-Depth Discussion About NFTs With System of a Down’s Serj Tankian – Interview Bitcoin News

Last month, the lead vocalist of System of a Down, Serj Tankian, hosted an art exhibition with the non-fungible token (NFT) platform and marketplace Curio NFT. The physical and virtual-melded art show was called “Not for Touching” and this week Tankian told Bitcoin.com News that he believes NFT technology has opened new doors for his […]

View Details

Is the Bitcoin Bottom In? Analysis of BTC Derivatives Suggest Limited Price Downside

Bitcoin seems to have hit a price bottom according to insights from BTC derivatives. The data from these derivative markets suggests that there might not be significant downside for Bitcoin’s price in the near future. Market analysts have been closely monitoring BTC derivatives to gauge the sentiment and potential changes in Bitcoin’s price movements. The [...]

The post Is the Bitcoin Bottom In? Analysis of BTC Derivatives Suggest Limited Price Downside appeared first on Crypto Breaking News.

View Details

Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes

The CEO of Blackrock, the world’s largest asset manager, has warned about additional bank seizures and shutdowns that could result from regulatory changes in response to the failures of several major banks in the U.S. “It does seem inevitable that some banks will now need to pull back on lending to shore up their balance [...]

The post Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes appeared first on Crypto Breaking News.

View Details

Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal [...]

The post Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply appeared first on Crypto Breaking News.

View Details

Conflux to Deploy Uniswap v3 on Its Blockchain

Conflux plans to deploy Uniswap v3 on its blockchain, which would offer access to millions of potential new users, particularly in China and Asian markets. This comes days after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange. Conflux has a market capitalization of nearly $1 billion and has $45 million in total value locked on-chain. The network also announced a partnership with China Telecom to develop a blockchain SIM card. (Read More)

View Details

Conflux to Deploy Uniswap v3 on Network

Conflux plans to deploy Uniswap v3 on its network, offering access to millions of potential new users in the Chinese and Asian markets. The move comes after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange. Conflux has experienced a spike in traffic in the first quarter of 2023 and has a market capitalization of nearly $1 billion. (Read More)

View Details