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Join us as we discuss the significance of Bitcoin reaching $29,000 and why it seems to be unaffected by all the regulatory pressure and collapsing banks. In this week’s episode of Market Talks, Cointelegraph welcomes Brent Xu, founder and CEO of Umee — a decentralized finance hub built on the Cosmos SDK that offers tools for macro-level borrowing and lending applications. Before founding Umee, Xu led strategy at Tendermint while setting the strategic roadmap and partnerships for the Cosmos Ecosystem. We start things off with our main topic for today: Bitcoin (BTC) touched $29,000, a new high for 2023, despite recent United States regulatory crackdowns on crypto firms and related uncertainty. This could also suggest the crypto market does not seem too bothered about the Commodity Futures Trading Commission’s lawsuit against Binance and its CEO Changpeng “CZ” Zhao. Even the Crypto Fear & Greed Index — which aims to numerically present the current “emotions and sentiments” toward Bi...

Mar 30, 2023 at 06:27 // Price Author Coin Idol The price of Cardano (ADA) is on the rise again after breaking the 50-day line SMA twice. Cardano price long-term forecasts: bullish Today's high for the cryptocurrency asset is $0.38. The price indicator predicts that the current uptrend will peak at $0.40 or $0.42. Cardano is currently trading in an overbought market. As the altcoin approached $0.39, it met resistance. The cost of ADA will increase when sellers enter the overbought part of the market. Sellers will try to drive the price back to the previou...

Join Our Telegram channel to stay up to date on breaking news coverage The metaverse presents an interlinked virtual reality ecosystem where users can socialize using their avatar representations. In itself, the metaverse concept has been around for quite some time. However, thanks to projects like RobotEra, its integration into daily life is now beginning to make sense. Hello #RobotEraArmy! Rise and shine!👋🤖☀️ Are you ready to embrace the power of #RobotEra and take control of your continent?🌎 Join the #Presale now and launch yourself into the future!🚀💰https://t.co/kBJJdpfpg4#Play2Earn #NFTCollection #P2E pic.twitter.com/yxkyeSdXHk — RobotEra (@robotera_io) March 29, 2023 RobotEra: The Metaverse Taking The World By Storm Based on expert predictions, the metaverse concept will record a valuation as high as $13 trillion by 2030. This aligns with a recent survey by the PwC, which showed that 82% of business leader...

Offchain Labs native token Arbitrum ( ARB ) has been trending this year with investors jumping on the ‘hype’ bandwagon. The social media chatter among crypto influencers claimed that ARB could hit $100 next, turning early investors into millionaires. While going from $1.50 to $100 in a short period isn’t new in the cryptocurrency markets, not every token realizes such growth. However, the majority of ARB holders believe that the token could reach $100 during the next bull run and deliver them their desired financial returns. Also Read: Donald Trump Blames President Biden for Bank Failures, Economic Catastrophe Source: CoinGecko Arbitrum: Can ARB Reach $100? Source – Crypto News Arbitrum is currently trading at $1.23 and needs to rise 8,100% in the next bull run to reach the $100 milestone. The prospect of that occurring remains slim as its market cap needs to climb above $1 trillion to reach $100. Bitcoin’s market cap currently stands at $532 billion which is the ha...

Dogecoin was launched in 2013 as a joke to parody Bitcoin. The flagship meme currency garnered support from investors around the world who appreciated its ‘fun’ element. Not many users believed that it could make early investors millionaires but that’s the beauty of the markets. Nobody can predict how and when financial assets could move as the markets go in their own direction. The meme coin also got support from Tesla CEO Elon Musk, who announced that he invested in it. There was no turning back for Dogecoin since then and it is now the darling of the cryptocurrency markets. Now that Dogecoin has completed nearly 10 years, what could be its valuation five years from now? Will it deliver stellar returns again and breach the $1 mark next? Let’s find out! Also Read: Shiba Inu: The Road to $0.01 Is Now on Shibarium’s Shoulders Alone Dogecoin: What Will DOGE’s Price Be 5 Years From Now? Source: Bitcoinist.com Dogecoin is currently trading at $0.07 and is considerably d...

Join Our Telegram channel to stay up to date on breaking news coverage Ledger, the maker of hardware cryptocurrency wallets, has recently used its customer support’s Twitter account to issue a warning to Ripple (XRP) users. According to the tweet published on March 26th, there is a new crypto scam in which scammers use fake Ledger Live apps in order to steal XRP from the Ripple community. The warning says that scammers are posing as Ledger employees, which is why unsuspecting investors tend to share private information with them. This information later on allows the scammers to steal their XRP coins. 🚨 #XRPCommunity , we need to talk about the rise of crypto scams targeting #Ripple holders . Scammers are using fake Ledger Live apps & posing as Ledger employees to steal your hard-earned $XRP. Stay vigilant and protect your crypto! Here's what you need to know👇 — Ledger Support (@Ledger_Support) March 26, 2023 Ledger shares warnings and tip...

Explore essential skills for top legal and compliance jobs in the crypto market. Cryptocurrencies are a rapidly growing market that is changing how people invest, buy and sell goods and services, and transfer money. However, with the growth of this market comes an increasing need for legal and regulatory compliance, particularly concerning issues such as money laundering, fraud and data protection. As a result, there is a demand in the cryptocurrency sector for legal and compliance specialists. The positions listed below are just a few examples of the various legal and compliance positions available in the cryptocurrency sector. Each one is crucial to ensuring that the market functions fairly, openly and lawfully. Compliance officer A compliance officer in the crypto market is responsible for ensuring that the company complies with all relevant laws and regulations, including Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements.  Knowing the relevant laws and regul...

Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode, emphasizing that interest rates have to fall. He further stressed that the economy “will have a hard landing.” Barry Sternlicht on Hard Landing, Economic Implosion The chairman and CEO of Starwood Capital Group, billionaire Barry Sternlicht, discussed the state of the U.S. economy in an interview with CNBC on Thursday. Following the Federal Reserve hiking interest rates by 25 basis points (bps) on Wednesday, Sternlicht reiterated that the Fed should have stopped raising interest rates, citing the banking crisis. Recently, several major banks failed, including Silicon Valley Bank and Signature Bank. “I think you have to lower rates. That’s how you recapitalize the banks. I think they’ve done enough,” Sternlicht opined, adding: The bond market is telling you what’s going to happen. The bond market is right. Interest ...

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction is falling again in a narrow channel after consolidating, but buying interest could pick up if the price approaches $27,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $27,954 Bitcoin market cap – $536.8 billion Bitcoin circulating supply – 19.3 million Bitcoin total supply – 19.3 million Bitcoin coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $33,000, $35,000, $37,000 Support Levels: $24,000, $22,000, $20,000 During the European session today, BTC/USD begins the day with a resistance level of $28,534 and it is now dropping toward the 9-day moving average at the time of writing. However, the psychological barrier of $28,500 still serves as the first important resistance within the market and a sustainable move above the upper boundary of the channel may likely push the p...

Join Our Telegram channel to stay up to date on breaking news coverage Crypto ex change Coinbase has become the second platform to receive SEC’s Wells Notice. The Company’s CEO, Brian Armstrong, took to his Twitter and revealed that the SEC had issued the ex change a Wells Notice, warning that it identified potential violations of U.S. securities laws. Coinbase noted in a statement that: Based on the discussions with the staff, the Company believes that this potential enforcement action would relate to aspects of the Company’s spot market, staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet. The potential civil action may seek disgorgement and civil penalties. However, a Wells Notice is a way for the staff to inform a company that they recommend the SEC take enforcement action for potential violations of security laws. It is not a formal charge or lawsuit. However, it may lead to one. 1/ Today Coinbase received a Wells notice from the SEC fo...

U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial surveillance tool by the federal government.” Another senator stressed: “The American people ought to be able to spend their money how they choose without the possibility that every transaction could be tracked by the government.” Senator Ted Cruz’s CBDC Bill U.S. Senator Ted Cruz (R-TX) announced Tuesday that he has reintroduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer central bank digital currency which could be used as a financial surveillance tool by the federal government.” The bill, cosponsored by Senators Braun (R-IN) and Grassley (R-IA), was first introduced in March of last year. The announcement highlights the importance of ensuring that the U.S. digital curre...

Join Our Telegram channel to stay up to date on breaking news coverage NEAR Protocol, a well-known dApp forum that is considered one of Ethereum’s larger rivals in that regard, recently announced a new partnership. The project revealed that it had just teamed up with Google Cloud and that their partnership will focus on increasing Web3 adoption around the world. We're excited to grow Web3 adoption by partnering closely with @googlecloud ☁️ Read about #Near Protocol's exciting roadmap and more:https://t.co/4BKVGVaOpT — NEAR Protocol | Create Without Limits (@NEARProtocol) March 21, 2023 The details of the partnership were revealed in a blog post published by NEAR’s head of developer relations, Drew Gorton. Interestingly, the post was published on Google Cloud’s official website. In his blog post, Gorton spoke of the partnership and the fact that NEAR intends to build infrastructure services in collaboration with Google Cloud. He explai...