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According to cryptocurrency trader “Bluntz,” the Dogecoin -Bitcoin (DOGE/BTC) pair will rally by 100% in a “revenge pump.” Furthermore, the trader notes that the DOGE/USD pair looks like a “mess” at present. Bluntz asserts that it would be “negligence” not to have a position in Dogecoin (DOGE). The trader expresses confidence that its value would climb in the future. Some other traders agree with this viewpoint and believe that DOGE’s explosive development is a portent of things to come. admittedly, doge/usd looks like a hot fucking mess to my eyes but $doge/btc OTOH looks gearing up for a revenge pump of probably 100% or more. would be negligence on my part if i did not have a bag of this. pic.twitter.com/v1TH11VXP5 — Bluntz (@SmartContracter) January 31, 2023 Dogecoin (DOGE) is currently the only non-stablecoin cryptocurrency project in the top 10 in the green over the last 24 hours. While Bitcoin (BTC) and Ethereum (ETH) have fallen by 1.4% and 1.6% in 24 hours, DOGE

In the period between early November 2021 to mid-November 2022, the total cryptocurrency market cap noted a 76% free fall. Throughout December last year, it consolidated. 2023 has evidently been a boon for cryptocurrency assets. The market has already put on its recovery shoes. From the beginning of January until now, the aggregate valuation of all assets from the space has inclined by ~33%. Retrospectively, the global cryptocurrency market cap stood north of $1 trillion at press time on Monday. Source: TradingView Also Read: Why Is Bitcoin Trading at $37,000 in Nigeria? With the market now at a critical juncture, whale purchases often act as precursors and hint toward the future course of action. As long-term investors set up large orders, bullish precedence is established for other short-term traders to reap from the action. Data from Lookonchain brought to light that a particular whale has been accumulating dYdX since last year. Since October 2022, it has bought around

Artificial Intelligence [AI] is slowly taking over the entire globe. AI-inspired chatbot services, in particular, have become immensely popular. OpenAI ’s ChatGPT has been thriving since its release back in November. Now, According to reports, the Chinese search engine company Baidu is developing an AI chatbot application that it plans to release in March. Bloomberg claims that the firm will incorporate the application into its primary search services. The upcoming platform curated by Baidu is expected to be quite similar to OpenAI ’s ChatGPT . This service will most likely take off in the region considering Baidu is the largest search engine firm in China. It should be noted that Baidu, Alibaba Group Holding Ltd., Tencent Holdings Ltd., and ByteDance Ltd. have a prominent hold over China’s internet. Additionally, this isn’t the first time that Baidu is dipping its toes into AI waters. Baidu has invested enormous sums of money in AI research over the years. Their future Cha

The chairman of a newly formed digital assets committee, U.S. Congressman French Hill, has outlined some priorities to regulate the crypto sector and ensure America is the place for fintech and blockchain innovation. “We want a regulatory framework that’s transparent for developers, investors, and potential consumers,” the lawmaker emphasized. US Lawmaker Shares Priorities on Crypto Regulation U.S. Congressman French Hill (R-AR), who was recently appointed chairman of the newly formed subcommittee on “Digital Assets, Financial Technology and Inclusion,” discussed several crypto-related priorities for his subcommittee in an interview with CNBC Thursday. Replying to a question about whether the U.S. should have a spot bitcoin exchange-traded fund (ETF), he explained that it is an area his subcommittee wants to explore. The congressman detailed: You’ll see us look at a privacy law, a federal privacy law … you will see us consider a stablecoin bill … you will see us explore what are th

Join Our Telegram channel to stay up to date on breaking news coverage StepN’s GMT token is looking to break multi-month highs after a strong showing in recent weeks. However, with the market entering another weekend and gains under threat, what are the asset’s prospects going forward? Market Adjusts, and So Does GMT On Friday, the crypto market experienced a bit of a rally adjustment. After an impressive 24 hours in which major altcoins regained some of their milestone points, and the overall market capitalization surpassed $1.05 trillion, prices appear poised for another adjustment as the rally cooled into the early hours of the day. As expected, the price of StepN’s GMT token has followed this trend significantly. Trading at $0.05947, GMT is down by 7.85% in the past 24 hours – a drop that is steeper than the broader market’s 0.5% decline. Despite the price drop, GMT isn’t doing so badly on the technical front. The digital asset is trading close to its short-term moving

Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that gross domestic product in the U.S. rose by 2.9%. The token rose by as much as 5% earlier in the day, climbing to its strongest point since November. Monero was also in the green, nearing a key resistance level in the process. Cardano (ADA) Cardano (ADA) rebounded on Thursday, with prices moving to an eleven-week high in the process. Following a low of $0.3537 on Wednesday, ADA/USD rose to an intraday high of $0.3866 earlier today. As a result of this, cardano rose to its strongest point since November 8, which is the last time prices were above $0.4100. ADA/USD – Daily Chart Looking at the chart, ADA has moved lower from earlier gains, as traders appear to have taken profits near a ceiling of $0.3875. As of writing, the token is trading at $0.3774, with the 14-day relative strength index (RSI) near a resistance of its own at 74.00. The index, which is currently tracking at 69.22, will likely n

While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed. Lido Dominates Defi Economy With $7.9 Billion in Total Value Locked, Team Prepares for Shanghai Withdrawals As of the time of writing, the decentralized finance (defi) liquid staking protocol Lido is the most dominant defi protocol today, in terms of total value locked (TVL). Statistics from defillama.com show that Lido’s $7.92 billion TVL dominates the $46.56 billion TVL held in defi today by approximately 17.01%. Lido is the largest holder of staked ethereum as the protocol commands around 29% of the staked ether supply. Lido’s ethereum derivative token STETH is the 13th largest market valuation in the cryptocurrency economy with $7.73 billion. Furthermore,

Written By: Colin Wu The whale told WuBlockchain that since the beginning of 2022, a local tax department asked for an audit of its personal income tax. There are many people and a detailed list of the whales that have been inspected. The procedure has been going on for nearly a year, but it has not yet been finally concluded and the final results of the audit have not yet been produced. This whale has cashed out about tens of millions of yuan. In early 2022, some major domestic exchanges also provided extensive detailed information about the transactions of some of the whales to the tax authorities . Interpretation of tax related personage: The tax rate of property transfer income in personal income tax is 20% of personal profit/income, in the above specific cases, it should be 20% of the income from the fund. Tax laws on cryptocurrencies have been improved around the world. In China, there is some controversy over the advancement of taxation due to the wholesale definition of cryptoc

As global recession is expected to shrink multiple industries globally, the e-commerce industry finds a lifeline by embracing crypto payments. Satoshi Nakamoto, the creator of Bitcoin (BTC), originally envisioned cryptocurrency as a form of payment between two people. This is a key reason why blockchain, the underlying technology of the crypto ecosystem, found its best use cases within the payments sector. Blockchain-based payment solutions, widely known as crypto payments, allow for a truly global financial network. Cryptocurrencies are detached from geographical restrictions, allowing for seamless transactions between different regions across the globe. The robust technology and potentially minimal fees introduced with cryptocurrency make this type of payment an ideal fit for transaction-heavy digital sectors such as online shopping or e-commerce. While blockchain-based Payments provide significant benefits for the E-Commerce industry, online merchants have been taking a wait-and-se

Source: TradingView The cardano price has risen by a very slight 0.2% in the past 24 hours, reaching $0.378397 amid a similar rise for the cryptocurrency market as a whole. This means that ADA has increased by 8% in a week and just over 44% in the last 30 days, as the market waits for a new Cardano update that will expand the functionality of its smart contract programming language. Cardano's latest update is but the latest in a long line of upgrades that have transformed the blockchain into one of the most capable layer-one networks in the cryptocurrency ecosystem. And with Cardano still yet to capture a major share of this ecosystem's total value locked in, ADA could easily reach whole numbers and higher this year. Cardano Price Forecast as ADA Pumps Up 44% in 30 Days – Can ADA Reach $10 This Year? ADA's chart reveals that it has gained plenty of momentum in the past couple of weeks. Its relative strength index (purple) has risen over 70 once again, su

Find out how one company is pushing innovative telecommunication solutions based on blockchain technology. Telecom giants have been ruling the communications sector for ages. However, as Web3 solutions infiltrate the mainstream, a new type of app is aiming to disrupt that industry. Created by Emeldi, a leading software provider in the telecom space, the EMG super-app has set out to bring connectivity and access to mobile services to underserved populations around the globe. To learn the latest updates about EMG and its mission, tune in to the Cointelegraph AMA with Emeldi. Get the inside scoop from Emeldi Group CEO Dusan Bystriansky, CEO & Founder Mark Bystriansky, and CBO & Co-Founder Igor Zavadovsky, on January 23rd, 2023, at 9 AM EST. The latest Cointelegraph AMA will feature Emeldi Group CEO Dusan Bystriansky, CEO and founder Mark Bystriansky, and chief business officer and co-founder Igor Zavadovsky on Jan. 23, 2023 at 2:00 pm UTC with the inside scoop about EMG’s upcomin

Bitcoin Resumes Trading in a Narrow Range as BTC Price Bounces Below $23K – January 23, 2022 BTC/USD is swaying below the $23,000 resistance level as BTC price bounces below $23K. In the last 48 hours, the bullish momentum has slowed. Given that Bitcoin is heavily overbought, there is a chance that the price will reverse. Bitcoin may experience a decline to the low above the $21,000 support. Bitcoin Price Statistics Data: •Bitcoin price now – $22,732.00 •Bitcoin market cap – $438,151,879,821 •Bitcoin circulating supply – 19,269,912 BTC •Bitcoin total supply – $477,394,241,943 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Following the recent price rally, Bitcoin (BTC) is currently bouncing below the $23,000 resistance level. After rising above the $23,000 resistance level, the bullish momentum has slowed. On the upside, buyers are anticipated to pick up speed and start climbing toward the $25,212 high.

Bitcoin surged to a five-month high to start the weekend, as bullish sentiment returned to cryptocurrency markets. Prices of the world’s largest digital currency rose above $23,000, rebounding from a recent drop towards $20,000. Ethereum also rallied, as it hit its strongest point since September. Bitcoin Bitcoin (BTC) raced past the $23,000 level to start the weekend, with prices climbing to a multi-month high. Following a low of $20,961.21 on Friday, BTC/USD climbed to an intraday peak of $23,249.89 earlier today. Today’s rally saw bitcoin jump to its highest level since August 24, when price at the time was trading at a top of $23,600. BTC/USD – Daily Chart As can be seen from the chart, the move comes as the 14-day relative strength index (RSI) moved back towards a ceiling of 90.00. Currently, the index is at the 86.30 level, with earlier gains somewhat fading, as traders move to secure profits. As of writing, BTC is trading at $22,902.03, which is still roughly 9.27% highe

Source: Tobias Arhelger/Adobe Samsung has announced the rollout of its crypto wallet-linkable mobile payments solution – Samsung Wallet – in Brazil, India, Malaysia, and five other countries. Per an official Samsung release and a report from Brazil’s Livecoins, the firm will also unveil the service to users in Australia, Canada, Hong Kong, Singapore, and Taiwan. In the United States, Samsung Galaxy smartphone owners can already link their Samsung Wallets to their Coinbase accounts. Using this function, they can view their primary balances, although they still need to open the Coinbase app to access their coins and fiat. A similar service is also available for users of the Gemini crypto exchange. Coinbase has previously stated that it is “working on making buying and selling cryptocurrency from Coinbase within the Samsung Wallet app available.” The exchange said that it will “let customers know when these Features are available.” The South Korea-based Samsung has pr

According to the commission, New Hampshire should work towards building a legal framework "for sound development of blockchain technologies and its applications." Chris Sununu, the governor of New Hampshire, has released the results of an investigation from a ​​commission aimed at recommending legislation around digital assets and blockchain as part of a 2022 executive order . In a Jan. 19 announcement, Sununu said the Commission on Cryptocurrencies and Digital Assets had reported the legal and regulatory status of cryptocurrencies and digital assets was “highly uncertain,” stymying development and leading to less protection for investors and consumers. The group recommended New Hampshire establish a state legal regime aimed at drawing in blockchain firms and individuals. According to the report, sent to the governor on Dec. 22, the commission considered the human factor in its recommendations, alluding to the collapse of FTX and the arrest of its former CEO Sam Bankman-Fr