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Bitcoin and ethereum were trading lower on Feb. 28, as markets anticipated the release of the upcoming U.S. consumer confidence report. The data, which is for February, is expected to show a slight increase in confidence for the month. This will likely result in the Federal Reserve maintaining its rate hike policy next month. Bitcoin Bitcoin (BTC) fell for a second straight session on Tuesday, as prices flirted with a breakout below $23,000. BTC/USD moved to an intraday low of $23,205.88 earlier in today’s session, which comes less than 24 hours after hitting a high of $23,857.89. The move comes after bulls were unable to jump back above the $24,000 mark on Monday, with bears using this as an opportunity to reenter. BTC/USD – Daily Chart Looking at the chart, the 14-day relative strength index (RSI) also failed to break out of a resistance of its own at 53.00 At the time of writing, the index is trading at 52.46, with bitcoin slightly higher than its earlier low. B...

With the rise in popularity of the chatbot, many have wondered if OpenAI’s ChatGPT could eventually take their job. It seems as though some companies are already planning to, as Fortune has reported that almost half of all businesses already using the program have used it t replace human workers. The generative AI system debuted in November of last year and has enjoyed a meteoric rise to become the talk of the tech world. Moreover, as OpenAI is training the system to replace software engineers, it seems other industries are seeking a similar track. Source: Baotintuc ChatGPT Already Replacing Workers A viral sensation since its arrival, OpenAI ’s ChatGPT has been a constant headline so far in 2023. The generative AI system has blown away users with its advanced capabilities, and thus has proven to make many employees nervous about their value amidst the sophisticated system. Well, it seems there may be a reason to worry, as one report has shown businesses are al...

Feb 25, 2023 at 10:00 // Price Author Coin Idol The price of Shiba Inu (SHIB) is currently in a bearish trend zone. Shiba Inu price long term forecast: bearish The crypto price fell below the 21-day line SMA on February 21 , but is now above the 50-day line SMA. The cryptocurrency value bounced around before falling. The rejection of the altcoin at the overbought level of $0.00001500 brought the rise to an earlier close. If the market reaches the oversold area of the market today, the current downtrend has slowed down. Moreover, SHIB is stuck in the movin...

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market has a huge earning potential. This makes it an increasingly popular investment option. Be it seasonal investors, amateurs, or experts, the cryptocurrency market caters to all. However, it can be a bit tricky to keep track of all the cryptocurrencies always to find one ’ s best bet. For this reason we have created a well-reviewed list of today ’ s top crypto gainers. Please have a look below. BlockStack (STX) BlockStack or STX was launched as a layer-1 blockchain-powered platform. It was created and designed as a solution to implement smart contracts and decentralized applications (better known as DApps) with Bitcoin. This makes Bitcoin more secure and stable without changing any of its original Features . The difference between decentralized applications and regular applications is that developers can build simultaneously on top of each other in DApps to develop new Fe...

Join Our Telegram channel to stay up to date on breaking news coverage Crypto firm Phoenix, which has links to parliamentary groups, has vanished in thin air, leaving investors concerned about their holdings. What: Phoenix Community Capital is nowhere to be found Why: Its website went offline in September, and portfolios (nests) became inaccessible. Company assets and name were sold to a new firm What Next: Questions are bound to arise concerning the role of the APPGs in parliament. Co-founder Sullivan has asked a news site to fly to the Philippines for further discussion Cryptocurrency investment firm Phoenix Community Capital, said to have links to all-party parliamentary groups (APPGs), the House of Lords, and parliamentarians, has vanished. The company ventured into the crypto scene in 2022, touted as a “cryptocurrency project and investments scheme” valued at $800m (£665m). It sponsored one APPG while its co-founder Luke Sullivan spoke at another AP...

The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security. Blockchain Association’s chief legal officer says “it would be absurd ” for a United States court to rule that digital assets on private blockchains are securities , following a federal judge's decision to allow a lawsuit against Dapper Labs's NBA Top Shots NFTs to play out.  U.S. attorney Jake Chervinsky made the comment after federal judge Victor Marreo denied a motion to dismiss a 2021 lawsuit that accused Dapper Labs of selling nonfungible tokens (NFTs) as unregistered securities. Chervinsky was among a host of lawyers on Twitter to reiterate that the judge’s denial of the motion does not mean a ruling has been made on the lawsuit, only that it was “facially plausible.” “The judge didn't decide anything. He allowed the case to proceed past a motion to dismiss because the securities claims were at least ‘plausible,’ an extremel...

Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, including the abundance of clean hydroelectric power sources. However, the stance that the government has taken toward cryptocurrency mining could slow this growth process. Paraguay Has All the Elements to Become a Bitcoin Mining Power in Latam, According to Insight Group Paraguay, a country not especially known for its crypto affiliations, is now being considered one of the most attractive destinations in Latam for bitcoin miners. According to mining insight company Hashrate Index , the country presents a series of benefits that could help it become one of the biggest cryptocurrency hubs in the region. The first advantage that Paraguay has over other countries in the area, and what made it an attractive location for miners after the Chinese m...

NFT rental marketplace Double Protocol Partners with X-Consoles, a decentralized Web3 gaming platform building the ‘Web3 Steam’.  This collaboration will enable the X-Consoles Ecosystem to deploy and integrate the ERC4907 token standard on all elements across its blockchain gaming ecosystem. As Double Protocol Partners with X-Consoles. The Partnership X-Consoles will leverage ERC4907 to deploy NFTs and integrate NFT rental solutions. With this development, games and projects in the X-Consoles Ecosystem no longer have to bother about writing many lines when deploying NFT rental solutions; the process will become seamless. NFT Rental focused on lowering the barrier to entry into the blockchain gaming space by making it easy and affordable for gamers to access in-game assets or NFT assets. By extension of this partnership, X-Consoles games will also be able to list their NFT collections on the Double Protocol NFT rental marketplace to enable users to rent, lend and sublet NFTs and in-game...

Human Rights Foundation CSO argues that Bitcoin represents free speech, property rights and open capital markets — stifling the power of tyrannical governments. Bitcoin fixes broken democracies and fights government Corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein. In a Feb. 20 interview, Gladstein argued that the decentralized nature of Bitcoin (BTC) can act as a barrier against corruption and tyranny. "Where the democracies have broken down, I do think it's very clearly related to fiat currency, and I do think that Bitcoin fixes this in a way," he said. “#Bitcoin fixes democracy…#Bitcoin is…free speech, property rights & open capital markets…tyrants need…the opposite: they need censorship…confiscation & closed capital markets”@gladstein https://t.co/n7mVr3bDwA — What Bitcoin Did (@WhatBitcoinDid) February 20, 2023 Gladstein is the chief strategy officer ...

Popular cryptocurrency analyst and trader Michaël van de Poppe is changing his Bitcoin (BTC) prognosis. In a recent video, Van de Poppe warns his 163,000 YouTube viewers that Bitcoin may trade in a range before rising to $40,000. The prominent cryptocurrency analyst and trader predicts that most Bitcoin investors and traders would finish their holdings in Q2 2023 at $37,000 to $40,000. “I think that the take profit price will start to take place around $29,000 and most likely $37,000 to $40,000. I think that this entire run, and now we’ve got the sideways period which can just last for a few weeks before you can start running again, this run towards $37,000 to $40,000 is most likely going to take place in Q2.” Source: Michaël van de Poppe / YouTube At $22,709, Bitcoin’s $37,000–$40,000 objective would be a 70% rise. Van de Poppe predicts a major trend reversal before the bull cycle and price action begin. “And then we have another very fast corr...

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price has given an ounce of hope to traders as they are now wondering how Bitcoin ’ s price will behave this week. Is BTC coming to the $25,400 target this week? To understand the price graph of any cryptocurrency, one should always examine the situation more closely. So let us go ahead and do that. Bitcoin Price Trend in The Last 7 Days BTC ’ s price has been fluctuating over the previous days. In the last week alone, we have seen Bitcoin ’ s price move within the range of $21,000 to $24,600. These extreme movements symbolize how volatile and mercurial Bitcoin ’ s price can be. Today, BTC is trading at around $24,505. Its price witnessed a drop of 0.92% in the last 24 hours. However, its price has risen about 12% in the last seven days. BTC ’ s current market capitalization was around $472.9 billion at the time of writing this article. As compared to its previous ...

Join Our Telegram channel to stay up to date on breaking news coverage Crypto Costa reviewed the Fight Out platform and its native token FGHT, which will reward users for adopting a holistic healthy lifestyle. With its new app, the project is meant to improve the fitness sector by enabling users to receive rewards for completing exercises. Crypto Costa Fight Out Analysis By giving users an opportunity to earn cryptocurrency while exercising, the start-up intends to revolutionize the way we exercise. Fight Out works to enhance the idea of Move-to-Earn platform. They track more than just steps, but all forms of fitness activity, including gym sessions, will be measurable through technological methods. Fight Out also launches its metaverse. When making an account for the app, users can create their own digital NFT avatar. This is their Fight Out self, and since it is soulbound, it can’t be sold or given to someone else. Win amazing prizes and continue on your fitness jour...