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Join Our Telegram channel to stay up to date on breaking news coverage Ecoterra is an ecosystem built on the blockchain that rewards individuals and provides companies more ability to fight climate change. A wide range of users are targeted by Ecoterra, including recyclers as well as small and large businesses, industries, governments, and non-governmental organizations (NGOs). To build a more sustainable future, the project aims to benefit and help each of these groups. cycle 2Earn NEW CRYPTO Presale Launch - NEXT 100X CRYPTO?" width="640" height="360" src="https://www.youtube.com/embed/m8oMChF1HTc?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen> For a comprehensive analysis of the brand-new eco-friendly crypto Ecoterra, check the video above. For more in-depth reviews of high-potential crypto presales, subscrib...

The musical artist and blockchain architect MartyParty posted on his Twitter page that the volume of the US Dollar is diminishing and is about to drop almost 80%. He added that the world has started losing confidence in the US Dollar witnessing the weakening volume as volume was its strength. Notably, on March 30, MartyParty tweeted that “USD is now a risk on asset,” adding that the USD volume falls as people switch to other options: USD is now a risk on asset World has lost confidence in it. It’s strength is in volume and volume is about to drop 80% as the world moves to new options. — MartyParty (@martypartymusic) March 30, 2023 Significantly, the USD volume has been exhibiting a negative inclination following the fall of the banking domains, namely, Signature Bank and Silicon Valley Bank (SVB). Comparatively, the US Dollar had a substantial performance in 2022, with its index reaching a 20-year high of 114 in September 2022. However, the aggressive monetar...

The world’s largest asset manager, Blackrock, does not see the Federal Reserve cutting interest rates this year. “That’s the old playbook when central banks would rush to rescue the economy as recession hit. Now they’re causing the recession to fight sticky inflation – and that makes rate cuts unlikely, in our view,” said the firm’s strategists. Blackrock’s Interest Rate Prediction Blackrock, the world’s largest asset manager, published weekly commentary Monday explaining the state of the U.S. economy and why it does not see the Federal Reserve cutting interest rates this year. While noting that “Markets have been quick to price in rate cuts as a result of the banking sector turmoil and the Fed signaling a coming pause,” Blackrock’s strategists wrote: We don’t see rate cuts this year – that’s the old playbook when central banks would rush to rescue the economy as recession hit. Now they’re causing the recession to fight sticky in...

Arbitrum, the Layer 2 scaling solution for Ethereum, has seen a surge in the price of its native token, $ARB, following reports by Lookonchain that a major institution has bought a significant amount of it from Binance. According to reports, FalconX, a digital asset trading platform, purchased 1.65 million $ARB tokens, worth around $2.06 million, from Binance earlier today. Another institution(@falconxnetwork) bought 1.65M $ARB ($2.06M) from #Binance today.https://t.co/pJV8MKkx7s pic.twitter.com/WaKNcz1bPQ — Lookonchain (@lookonchain) March 29, 2023 This news has caused a significant increase in the price of $ARB, which rose by over 10% in a matter of hours. ARB/USD price chart, source: Coinmarketcap According to experts, this investment by FalconX is seen as a significant vote of confidence in the Arbitrum network, which has received media attention over the last several weeks. Reputable analytical firms like Messari have additionally heightened speculati...

Predicting the price of Dogecoin has become essential in light of the recent turmoil. Dogecoin (DOGE), the first-ever meme cryptocurrency, created quite a stir in the market. Elon Musk, a multibillionaire businessman, actively promoted the asset, putting it in the spotlight. As a result, Musk’s actions had a big impact on the price of DOGE. Tesla CEO’s most recent Twitter acquisition also resulted in a significant increase in the asset’s value. Also read: Binance BUSD Stumbles Under Regulatory Pressure: $500 Million Outflows At press time, DOGE is trading at $0.07267, with a 2% drop in value over the last 24 hours. With the cryptocurrency market trading in the red following the Binance lawsuit, here is our price prediction for Dogecoin for April 2023. Source: CoinMarketCap Dogecoin price prediction for April 2023 Based on Dogecoin’s behavior at the start of 2023, cryptocurrency experts at Changelly predicted the price of DOGE for April. For April, DOGE’s minimum price ...

Stargate’s (STG) network growth on the Arbitrum network has reached an all-time high. According to cryptocurrency Analysis firm Santiment, the feat comes despite STG’s price falling by 51% since its peak on Feb. 18th, 2023. According to Santiment, the growth may be attributed to active voting within the Stargate DAO (Decentralized Autonomous Organization). However, there could be a plethora of other reasons for STG’s network growth, as people are participating in a wide range of activities online. Santiment explained that, with such massive network activity, there is a high risk-reward ratio. #Stargate's network growth on # Arbitrum managed to hit an #AllTimeHigh yesterday despite its -51% price retrace since its Feb 18th top. Our latest insight discusses the Stargate DAO active voting as a likely contributor, and its high risk/reward nature. https://t.co/tcCFElDy2m pic.twitter.com/kpV6JKhRPv — Santiment (@santimentfeed) March 28, 2023 Nonetheless, Santiment no...

Join Our Telegram channel to stay up to date on breaking news coverage        Coinbase suggests inflation - pegged “flatcoins” as one of four key areas of innovations to be built            on Layer 2 Basenetwork. What: Coinbase is calling for developers to work on a flatcoin that will be pegged to the ‘price of living’ instead of fiat. Why : The exchange lists this and three other ideas as ways to help the on-chain economy grow. What Next: The ideas which will be built on Base aim at securing DeFi ecosystems and increasing confidence and trust in on-chain trade. About a month after launching Base, Coinbase, one of the leading crypto exchanges, plans on developing a “flatcoin” as one of the major ideas for the Ethereum Layer 2 network.  A flatcoin is a stablecoin that is pegged to the rate of inflation in the traditional financial system and is viewed by the companies that dev...

Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08 for every dollar deposited by customers. Although there appears to be a need for such a bank after the collapse of three major U.S. banks, the Federal Reserve stated that board members have “heightened concerns” about institutions with plans to focus solely on a narrow sector. The Fed’s Explanation on Why it Denied Custodia Bank Highlights Adversity to Crypto-Asset Sector Shortly before the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, the Cheyenne, Wyoming-based financial institution, Custodia Bank, was denied membership in the Federal Reserve System. The Federal Reserve Board specified that the application submitted by Custodia was “inconsistent ...

Join Our Telegram channel to stay up to date on breaking news coverage Recently, the crypto market has managed to gain bullish momentum, reigniting investor interest in purchasing new and current coins . Investing in one or more of the initiatives listed in this article could be a smart decision if you’re targeting making money through cryptocurrencies. coins Set to EXPLODE in 2023 🔥" width="640" height="360" src="https://www.youtube.com/embed/0ZvhNFukmAs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen> Love Hate Inu (LHINU) Love Hate Inu, which rewards users for expressing their views on important matters, is the ultimate meme voting token. The initiative aims to provide users with a forum where they can talk about and vote on the most crucial subjects. Whether their thoughts are focused on politic...

This week, bank runs weren’t the only thing that happened. And since the FinTech IPO Stock Index fell for a second week, down 2.5%, the number of stocks that have made money so far this year is getting smaller. Since 2023 began, the index has gone up by just under 7%. The Federal Reserve continues to raise interest rates by raising its benchmark rate by another quarter point. And as people talked about the big picture, Fed Chair Jerome Powell said, “Financial conditions seem to have tightened, and probably by more than the traditional indexes say.” With credit getting harder to get, companies that are already facing pressures from the economy as a whole may face some bumps in the road. Recent financial reports show that no one is really out of the woods yet. Difficult Macro Conditions Over the last five sessions, Blend’s price fell by about 40%. The drop follows the company’s earnings report, which showed that revenue from its B...

Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to defend itself from legal actions against the organization and its members. The organization disclosed it had recently received a subpoena from the U.S. Securities and Exchange Commission (SEC). Sushi DAO Presents Proposal to Establish Legal Defense Fund Sushi DAO, a Web3 exchange and staking platform, is seeking support to establish a legal defense fund in order to effectively take on legal cases that are already coming its way. The proposal, which is currently being approved with the support of 75% of the vote at the time of writing, would allow the organization to make use of $3 million USDT to help its maintainers to defend from demands and legal cases. If approved, the fund would come from Kanpai, which is part of the trea...

"Any links to offers are scams. We are investigating the situation and taking action accordingly," wrote USDC issuer Circle. According to an official post on Mar. 22 from Circle, issuer of the USD Coin (USDC) stablecoin, the Twitter account for its chief strategy officer (CSO) and head of global policy Dante Disparte has been compromised. In a previously deleted Tweet, Disparte's account reportedly began promoting fake loyalty rewards to long-time users of USDC.  @ddisparte Twitter account was hacked. https://t.co/pItTHAG9Al — Jeremy Allaire (@jerallaire) March 22, 2023 Previously before the compromise, Disparte's account tweeted about the firm's regulatory developments and its participation in the ongoing Paris Blockchain Week. The security breach came less than a month after the stablecoin briefly depegged due to reserve deposits left in custody of defunct American tech bank Silicon Valley Bank. The incident has since been resolved and USDC has repegged...

Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents resulting in the theft of $4.17 billion in crypto assets. So far this year, there have been 19 different incidents resulting in the theft of $136 million. Top Countries Targeted by Crypto-Related Incidents: United States Leads in Frequency, China Tops in Value On Tuesday, Crystal Blockchain released a report providing a comprehensive Analysis of fraudulent activities and security vulnerability attacks since 2011. The report reveals that during the past 12 years, there were 461 incidents that took place in 45 countries, resulting in $16.7 billion in stolen crypto assets. According to Crystal’s intelligence report, 231...

According to Santiment, a whale transferred 24.9 trillion Shiba Inu (SHIB) tokens from an exchange to a self-custody wallet. The total value of the SHIB is a whopping $276 million. The wallet in question also holds 992 Ether. $276M worth of #ShibaInu has been transferred from an exchange wallet to self custody wallet in 6 separate transfers today. This address has also been quickly accumulating #Ethereum since March 1st, possessing 992 $ETH alongside its now 24.94T $SHIB. https://t.co/7i0ua0pDIF pic.twitter.com/PfVUsXeHqc — Santiment (@santimentfeed) March 20, 2023 The Ethereum address from which the SHIB tokens were sent was identified as an address of Crypto.com. The tokens went via six separate transactions. Furthermore, Santiment noted that the whale wallet has been accumulating Ether since March 1. The address to which the Shiba Inu (SHIB) tokens were transferred is now the third-largest SHIB wallet in the world. Moreover, the new wallet is the largest Shiba Inu wallet, whic...

The Australian Securities Exchange (ASX) is making a separate division for technology that will be led by a chief information officer. The role of group executive, technology and data, and chief information officer (CIO), which is currently held by Dan Chesterman, will be split. Chesterman will focus on running the technology and data business that deals with customers. This is the fastest-growing part of the exchange right now. The new CIO, who will report directly to CEO Helen Lofthouse, will be in charge of making sure that all ASX systems are reliable and delivering multi-year technology transformation programs. Says Lofthouse: “The change creates a single point of senior executive focus and accountability for delivering ASX’s enterprise-wide technology renewal programme, while also providing focused leadership for our technology and data business which is charged with maturing ASX’s enterprise data capability and growing ASX’s technical and data ...

Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States. Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin's (BTC) price over the next 90 days, predicting the cryptocurrency price will reach $1 million by June 17.  The wager was initiated on March 17, when pseudonymous Twitter user James Medlock offered to bet anyone $1 million that the United States would not experience hyperinflation. A few hours later, the former Coinbase CTO accepted the bet. Sir, I believe we have ourselves a deal https://t.co/9JYaLNo9Eq — James Medlock (@jdcmedlock) March 18, 2023 Under the proposed terms, if Bitcoin's price fails to reach $1 million by June 17, Medlock will win $1 million worth of the dollar-pegged stablecoin USD Coin (USDC) and the 1 BTC. The same way, if Bitcoin is worth at least $1 million by the date, then Balaji can keep the 1 BTC and the $1 million in USD...