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Apr 30, 2023 at 06:22 // Price Author Coin Idol Dogecoin (DOGE) price is still moving sideways after failing to overcome the high resistance level of $0.095. Dogecoin price long term forecast: bearish The movement has been sideways since January 31. Dogecoin price fell below the moving average lines today, but has now recovered above the 50-day line SMA. At the time of writing, the price is at $0.0807. The cryptocurrency is above the 50-day line SMA, even though it is below the 21-day line SMA. The bullish momentum will resume when the price of DOGE rises...

The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar re serve s, involves the disbursement of more than $1 billion in April. Argentina to Settle Bilateral Transactions With China in Chinese Yuan Argentina, one of the big three economies in Latin America, will use the Chinese yuan to pay for certain imports. According to statements from Argentine Economy Minister Sergio Massa, the country will begin settling payments for Chinese imports using the Chinese yuan, in the context of saving the scarce dollars that the country still has left. The agreement is perceived by analysts as a positive pact for the nations, as China deepens the penetration and usage of the Chinese yuan in Latam, and Argentina manages to leverage $5 billion of the “swap” re serve that was approved between Argentine Pre...

Join Our Telegram channel to stay up to date on breaking news coverage The newest meme coin in the crypto space, Love Hate Inu, has raised around $8 million from investors from eager investors. Less than 25% of presale tokens remain until the process ends. The remaining tokens will likely sell out in just a few days as investors participate in one of the best money-making opportunities currently available. Love Hate Inu presale is selling out fast The Love Hate Inu presale is garnering much interest, given that in the last 48 hours, an additional $1 million has been raised from investors looking to participate in the project. The presale is currently in Stage 7, and less than 200,000 token s are left before the price increases by 7.4% to $0.000145. The project has raised over $8 million in barely eight weeks, making it one of the best presale s of 2023. The final Stage 8 of this presale will commence today or tomorrow as more investors continue to support this project. Th...

U.S. officials are reportedly leading urgent talks to rescue First Republic Bank . This comes at a time when private-sector efforts ushered by the bank’s advisers are yet to pocket a finalized deal. Citing three unnamed sources familiar with the matter, a recent Reuters report revealed,   “The Federal Deposit Insurance Corporation (FDIC), the Treasury Department, and the Federal Reserve are among government bodies that have in recent days started to orchestrate meetings with financial companies about putting together a lifeline for the troubled lender.” JUST IN: US Government coordinating urgent meetings to rescue First Republic Bank $ FRC . — Watcher.Guru (@WatcherGuru) April 28, 2023 Also Read: Crypto x Stocks: Is Un-Correlation in Play? At this stage, it is still not clear if the U.S. government is looking to take part in a private-sector rescue of First Republic. Nevertheless, one of the sources reportedly revealed that the government’s engagement has “emboldene...

Here is how professional traders use Iron Condor options strategies to benefit from the banking crisis and the U.S. debt ceiling increase. Bitcoin (BTC) bulls might be disappointed after the $31,000 resistance proved stronger than expected on April 14. However, looking at a broader time frame, Bitcoin has been the best-performing asset in 2023, gaining over 74% year-to-date at $29,000. Positioning for weaker dollar, debt ceiling It is worth noting that gold is merely 4% behind its all-time high, likely indicating a weaker U.S. dollar as investors increase the odds of recession and further fiscal turmoil for the world’s biggest economy. Behind the bullish price momentum for Bitcoin are the weakness in the U.S. financial system, namely the $100 billion in quarterly net withdrawals at First Republic Bank and the legislative effort to approve an increase to the urgent $31.6 billion National Debt ceiling. For Bitcoin investors, a financial crisis is a net positive as it forces the U.S. Fed...

InsurAce Notification Bot has been introduced. This innovative system allows users to subscribe to specific on-chain notifications through Telegram, keeping you informed about their insurance covers and product capacities. Stay up to date with your insurance covers and monitor product capacities with ease. The InsurAce Notification Bot offers two simple commands to subscribe to the notifications you want. /subscribe wallet {wallet address} Example: /subscribe wallet 0x544c42fBB96B39B21DF61cf322b5EDC285EE7123 /subscribe capacity (product id) (capacity in USD) Example: /subscribe capacity 188 10000 to get notified when Compound V3 (ID 188) has a $10,000 capacity. How to Subscribe For Telegram, users can visit: InsurAce Bot Simply run /start Receive hints for the subscribe commands To unsubscribe, run /start and follow the menu Use Cases By subscribing to the InsurAce Notification Bot, you can receive essential notifications for the following events: Cover purchased. Cover canceled. Polic...

Stacks (STX) The Stacks blockchain is unique as it uses Bitcoin as its anchor, which means it leverages the security and stability of the Bitcoin network while adding new functionality and capabilities. Stacks also incorporates a novel consensus mechanism called Proof of Transfer (PoX), which allows STX holders to earn Bitcoin rewards by locking up their STX tokens and participating in network consensus. advertisement Bitcoin has been booming in the past few days and thus, if the bull run for BTC continues, Stacks will also be seeing a massive jump. This DeFi token is up by 31.60% in the last 24 hours and each STX token is trading at $1.04. The market cap stands at just over $1 million whereas trading volume is up by approx 80%. In the last 7 days, it has boomed by 60%. Also read: Filecoin Virtual Machine Goes Live With Smart Contracts, FIL Shoots 11% Conflux (CFX) Conflux is a next-generation blockchain platform designed to address the scalability and securi...

According to a report from 9to5Mac, on April 25, Apple has reportedly removed Virtual Scanner II, a test scanner app, from the latest MacOS Ventura 13.4 beta. As a result, the Bitcoin white paper has also been removed from the app. Apple removes original Bitcoin white paper from the latest macOS Ventura beta https://t.co/YG1OlDJNZy by @filipeesposito — 9to5Mac (@9to5mac) April 25, 2023 As per a blog post by technologist Andy Baio on April 5, it was disclosed that a PDF version of the Bitcoin white paper by Satoshi Nakamoto had been included with every version of MacOS for the last five years. Baio also questioned why the Bitcoin white paper was chosen among all the documents and pondered if there was a secret Bitcoin enthusiast at Apple. Meanwhile, in Apple Insider some more outlandish conspiracy theories have arisen, including one that suggests Apple co-founder Steve Jobs was actually Satoshi Nakamoto, the mysterious individual or group behind the creation o...

Over the past few months, regulators in the United States have taken a host of enforcement actions against vario US crypto b US inesses. Last month, Ripple executive Brad Garlingho US e told Bloomberg that the SEC’s recent increase in crypto enforcement actions is keeping the U.S. behind other countries in terms of establishing productive crypto regulation. In fact, he has time and again also asserted that the crypto ind US try has already started moving Offshore . Owing to the regulatory uncertainty, Coinbase, the largest U.S.-based crypto exchange, is parallelly looking to launch a trading desk outside the U.S. Alongside, Circle, issuer of the USDC stablecoin, is ramping up its European footprint and seeks to register in Paris. The company’s chief strategy officer asserted recently that, “France is increasingly seen as a leader in crypto.” So, with crypto companies looking to establish their presence outside the U.S., it’d seem like crypto activity is also moving offshore. ...

A Twitter user expressed uncertainty over NFTs having any impact but admitted that it makes them feel like they did something. As crypto exchange Coinbase makes a push toward a sensible regulatory environment for the crypto space, the exchange launched a nonfungible token (NFT) collection to gain the community’s support. However, not everyone is excited about the move, with some not even sure if it will have any impact at all.  On April 25, Coinbase launched an NFT campaign dubbed “Stand With Crypto” after filing a court action that aims to compel the United States Securities and Exchange Commission (SEC) to answer its rulemaking petition. According to Coinbase, the NFTs represent the community’s stand to protect and promote crypto’s potential and become the symbol for seeking “sensible crypto policy.” I just minted Stand with Crypto https://t.co/4T0OWbpCCf — Brian Armstrong (@brian_armstrong) April 25, 2023 Despite the cause looking like a noble act working in the interest of...

Shiba Inu is quickly climbing up the ranks of active cryptocurrencies and has even become its own decentralized ecosystem. This is according to Certik blockchain security firm, one of the top firms of its kind. It has evolved from meme coin status into something bigger, and the SHIB Army grows by the numbers. “Shiba Inu is a meme coin that has transformed into its own decentralized ecosystem,” Certik highlights in its latest project swoop. “ShibaSwap is a DEX for Shiba Inu, designed as a one-size-fits-all swap/platform for the Shiba Inu community.” Source: Analytics Insight Per Certik ’s security audit, the meme coin’s security score sits at 94.31 at this time, placing it in the top 5% among other well-known crypto projects. Recently, we highlighted that despite SHIB’s struggles recently, it is possible that it can become the top traded meme coin by next year, even above the top dog Dogecoin. In a crypto market that has slumped in the past months, SHIB has shown...

According to the court website in Podgorica, the capital city of Montenegro, bankrupt Terraform Labs’ Do Kwon will face charges for purportedly trying to travel with a fake passport in a court hearing scheduled for May 11. The Terra CEO along with the crypto firm’s Chief Financial Officer Han Chang-joon, was arrested on March 23 at the Podgorica airport, and both have been detained in Montenegro since then. Do Kwon was detained due to an Interpol red notice calling for his arrest. Reportedly, Do Kwon and Han, who are both South Korean nationals, were caught at the Podgorica airport while attempting to travel to Dubai with various travel documents and identification papers under different names. On April 21, the Montenegrin court announced that both were indicted, and their detention was extended due to the possibility of them fleeing the country. Do Kwon is facing fraud charges and several other allegations related to the collapse of the Terra-Luna stablecoin and crypto...

Join Our Telegram channel to stay up to date on breaking news coverage Cilinix Crypto reviewed the decentralized meme coin with socially engaging concept Love Hate Inu, a Web3 first vote-to-earn. Love Hate Inu takes advantage of weaknesses in the cryptocurrency market while still providing actual value. Being the first V2E blockchain platform, Love Hate Inu is poised to upend that sector of the market and has a very strong foundation upon which to build its value. Cilinix Crypto Love Hate Inu – Overall Best Meme Coin to Invest In Meme coins have focused on what works and added Features to future-proof themselves during the past year. That’s why, Love Hate Inu is the greatest meme coin for 2023. It is the latest crypto meme coin initiative, and it places a premium on user input through mechanisms like voting. Meme coin initiatives thrive on strong communities, therefore Love Hate Inu’s community-driven strategy has great promise. Staking coins lets users vo...

Join Our Telegram channel to stay up to date on breaking news coverage CoreWeave Inc., one of the industry leaders in cloud computing, announced that it had secured a large tranche of funding worth $221 million as it continues to remain steadfast in operation expansion. CoreWeave New Investment: A Catalyst to Dominate the Cloud Computing Industry? On Thursday, CoreWeave officially stated it had raised a groundbreaking $221 million in Series B funding, a new milestone tipped to propel its market growth globally. The funding team was headed by renowned companies and reputable personnel such as Magnetar Capital, Nvidia, former GitHub CEO Nat Friedman, and Daniel Gross, an ex-Apple executive. Magnetar Capital, a leading hedge fund firm, contributed $111 million to the potential expansion growth of CoreWeave. The remainder of the investment was split between Nvidia, a major player in the technology industry, Friedman and Gross. At the event, an Nvidia spokesperson stated the in...