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Join Our Telegram channel to stay up to date on breaking news coverage In 2023, Web3 is predicted to become the dominant trend globally, thanks to the considerable investments made in this field, leading to significant outcomes. Even though it has already gained a strong global presence in 2022, the emergence of Web3 as a leading trend is expected in the upcoming year. Furthermore, the real estate industry is embracing decentralized technology, with a renewed emphasis on implementing innovative concepts such as NFTs. While this topic has been discussed for some time now, recent technological advancements have brought it into the limelight even more prominently. With its current presale stage coming to an end in just 1 day, it’s worth learning more about Metropoly and getting a sense of how it’s going to change the real estate industry. Not Much Time Left in the Current Presale stage 💲Over $1 Million Raised & Counting!! 💲 The $METRO presale is...

The Arbitrum (ARB) market began the day with bullish domination before seeing a short-term reversal that decreased the price to a 24-hour low of $1.20. Conversely, Bulls brushed the negative momentum under the rug after the support level at $1.20 was reached, propelling the ARB price to a 24-hour high of $1.36. If the bulls maintain control and the resistance at $1.36 is broken, the potential resistance levels to monitor are around $1.40 and $1.45, but if the bears retake control, the support levels to watch are at $1.30 and $1.25. At press time, ARB was worth $1.34, up 7.05% from its previous close, displaying solid bullish momentum. The market capitalization and 24-hour trading volume increased by 6.80% and 62.27%, to $1,710,838,510 and $1,339,229,852, respectively. This rise, linked to the expectation of releasing more than 1.6 million ARB tokens, may strengthen the bond between Arbitrum and Stargate. ARB/USD 24-hour price chart (source: CoinMarketCap) In the ARB/...

The entity reportedly uses a range of 812 different IP addresses to obscure its identity while collecting data. An unknown person or group may be collecting the IP addresses of Bitcoin (BTC) users and linking them to their BTC addresses, violating the privacy of these users, according to a blog post from pseudonymous Bitcoin app developer 0xB10C. The entity has been active since March 2018, and its IP addresses have shown up on several public posts from Bitcoin node operators over the past several years. 0xB10C is the developer of several Bitcoin analytics websites, including Mempool.observer and Transactionfee.info. They have also been awarded a Bitcoin developer grant from Brink.dev in the past. An entity I call LinkingLion, active since 2018 and on a Monero banlist, is opening connections to many clearnet Bitcoin nodes. Its presumably attempting to link transactions to node IPs. Maybe a chain analysis company trying to enhance its product?https://t.co/W4PDoln3p3 — 0xB10C (@0xB...

After starting the day poorly, bulls in the Lido DAO market neutralized the bear trend that had lowered the price to a 24-hour low of $2.04. This optimistic awakening might be attributed to the Lido Node Operator Community Call #5, which reviewed the project’s future strategy and highlighted some expected future advancements. We're live https://t.co/ficdMC6ou8 — Lido (@LidoFinance) March 28, 2023 The latest developments include the Lido V2 testnet status and updates, a tour of the withdrawals procedure on Goeril, and an update on the Lido DVT Testnet #2. Due to the discussions, LDO bulls achieved a new 7-day high of $2.41 before hitting resistance and retreating to $2.40 as of press time, a 14.97% increase from the previous closing. The market capitalization and 24-hour trading volume climbed by 14.92% and 22.00%, respectively, to $2,068,824,746 and $148,903,677, demonstrating increasing interest and engagement in DAO among investors and traders, wh...

Bitcoin is currently at a place which will decide the fate of the long-term BTC price trend, says Material Indicators. Bitcoin (BTC) faces a choice between two key levels as part of a “macro trend defining range,” Analysis says. In a Twitter survey on March 27, monitoring resource Material Indicators said that BTC price action was now in a critical trading zone. Market giving clues that "big move is coming" Bitcoin has managed to hold out against a new wave of negative news involving largest global exchange Binance. While commentators argue that the fallout from United States regulatory action against Binance US may be limited, concerns nonetheless remain that BTC/USD will fail to continue its upward momentum. With a key monthly close coming, Material Indicators identified two important levels for bulls to protect and overcome, respectively. These are the 200-week moving average (WMA) to the downside and $30,000 to the upside. While already known, a new survey now shows tha...

The Economic Secretary of the Treasury told Parliament has confirmed the project has been put on the back burner, but will “keep this proposal under review.” The United Kingdom has shelved plans to launch a government-backed “ NFT for Britain,” which was initially proposed by crypto-friendly Prime Minister Rishi Sunak. While serving as chancellor of the Exchequer, the equivalent of a chief financial minister, Sunak asked the Royal Mint in April 2022 to create an " NFT for Britain" as part of the government’s “ambition to make the UK a global hub for crypto-asset technology and investment.” Chancellor @RishiSunak has asked @RoyalMintUK to create an NFT to be issued by the summer. This decision shows the the forward-looking approach we are determined to take towards cryptoassets in the UK. pic.twitter.com/cd0tiailBK — HM Treasury (@hmtreasury) April 4, 2022 The project was meant to be launched by the summer of 2022, but has ultimately failed to meet the deadline. Asked by t...

The CEO of Generation Crypto Media Channel who goes by the name of Ben GCrypto took to Twitter yesterday to share the top 10 Decentralized Finance (DeFi) coins by market cap. Top 10 DeFi coins by market cap (Source: Twitter) Taking the top spot on this list is Uniswap (UNI). The crypto is currently trading hands at $6.92 after a 5.56% drop in price over the last day. UNI is, however, still up by more than 5% over the last week. UNI / Tether US 1D (Source: TradingView) With its market cap of $5,279,312,828, UNI is currently ranked as the 17th biggest crypto overall in terms of market capitalization. The DeFi coin with the second-highest market cap is Chainlink (LINK). The altcoin is one of many cryptos in the red for today after a 6.56% drop in price over the last day, and now trades at $7.46. With its market cap of $3,791,552,341, LINK is currently the 21st biggest crypto. Chainlink / Tether US 1D (Source: TradingView) Taking up the third spot in the list i...

Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste materials and Features smokestacks and Bitcoin logos. However, its creator, Benjamin Von Wong, explained it was not meant to be an anti-Bitcoin symbol. Greenpeace Unveils ‘Skull of Satoshi’ Art Installation Greenpeace, the international environmental NGO, unveiled the “Skull of Satoshi” on March 23, an 11-foot art installation destined to criticize Bitcoin’s effect on the environment. The structure, which was created by Benjamin Von Wong, has distinctive elements included to spark a debate on how destructive bitcoin mining can supposedly be. One of these is the presence of smokestacks, which symbolize the use of fossil fuels to produce the energy that serves to operate the Bitcoin network via mining. Also, the sku...

Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon. “Red alert recession signals,” he added, noting that all U.S. Treasury yields two years and out are “well below the fed funds rate.” Doubleline CEO on Fed Rate Cuts and Recession Jeffrey Gundlach, chief executive and chief investment officer of investment management firm Doubleline, expects to Federal Reserve to cut interest rates substantially soon. Gundlach is nicknamed “the Bond King” after he appeared on the cover of Barron’s as “The New Bond King” in 2011. According to Forbes, his net worth is currently $2.2 billion. The billionaire tweeted Friday: I predict the Federal Reserve will be cutting rates substantially soon. However, he cautioned: “I am wrong about 30% of the time so factor that into any decision making.” The Federal Reserve raised interest rates by 25 bas...

Just a day back, the United States Securities and Exchange Commission issued a Wells Notice to crypto exchange Coinbase. The agency went on to warn the company of potential federal sec urity law violations. Afterward, the share price of the company tumbled. However, crypto investors with accounts on Coinbase continue to remain optimistic. As shown below, the Coinbase Premium Index for Bit coin shot up mid-month to a high of 1.009. However, it immediately de-escalated. That being said, it is interesting to note that the reading of this index is still oscillating around multi-year high levels. The premium usually turns green when buying pressure bubbles on an exchange and investors are willing to buy an asset at a slightly higher price. At press time, the Coinbase Premium Index [CPI] reflected a value of 0.2033. Since mid-2021, the index visited has tested the level only once, on June 30, 2022. At that time, it went on to attain a high of 0.2176. Thus, despite the recen...

For the first time in nearly two years, GameStop registered a quarterly profit. For the quarter that ended Jan. 28, its net sales dropped marginally to $2.23 billion   from $2.25 billion   in last year’s fourth quarter. However, the company posted a profit of $48.2 million [roughly 16 cents a share] relative to a loss of $147.5 million [roughly 49 cents] a year ago. Consequently, the video game retailer’s share price started soaring. On Wednesday, March 22, it glided up by 35.24%, closing at $23.87. In fact, even during the pre-market hours on Thursday, March 23, a bullish extension was in its formative stage. The stock was up by around 0.6% and it was priced at $24.01 at press time. As a result, GameStop has been the talk of the town. According to the social intelligence platform LunarCrush, GameStop “has been on fire” this week. It managed to register the second-highest social activity across all stocks. Moreover, GameStop’s social engagements per hour inclined up to 18.93 million...

Join Our Telegram channel to stay up to date on breaking news coverage Magic Eden, the popular digital market platform focused on driving the next billion users to Web3, has launched a digital marketplace, letting users buy and sell Bitcoin NFTs. The new marketplace appeared amid the rapid rise of Ordinal NFTs in recent weeks. Magic Eden Launches Bitcoin NFT Marketplace In a March 21 press release, Magic Eden confirmed launching the new Bitcoin NFT marketplace. The marketplace will feature a good user experience and interface that provide NFT users with a familiar trading experience. Commenting about the new marketplace, Jack Lu, the co-founder of Magic Eden, remarked: “Bitcoin Ordinals bring a whole new dimension into the universe of NFTs. On Bitcoin, all media that is uploaded onto the chain cannot be changed or removed. We’re excited to bring our winning marketplace user experience we’ve developed over the last year and a half to Bitcoin.” Magic Ede...