Day: February 21, 2023

Beware of Bing AI chat and ChatGPT pump-and-dump tokens — Watch The Market Report live

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This week on The Market Report, the resident experts at Cointelegraph discuss dozens of pump-and-dump tokens purporting to be related to ChatGPT and Bing AI chat. We will be doing things a little differently this week since our handsome and charming host, Joe Hall, will be somewhere over the Atlantic during the livestream and will not be able to join us. Not to worry, though, as our resident experts Marcel Pechman and Sam Bourgi are here, as always, to break down the latest news in the markets. Bitcoin bulls ignore recent…

Bitcoin can hit $40K before BTC price sees ‘harsh correction’ — analyst

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Bitcoin (BTC) faced selling pressure at the Feb. 21 Wall Street open as United States’ stock markets opened down. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price skids lower with US stocks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to daily lows of $24,324 on Bitstamp. Bearish signals were already in for the pair after it saw swift rejection during its latest attempt to flip $25,000 to support. Amid suspicions over whale movements on exchanges, monitoring resource Material Indicators concluded that the 200-week moving average (MA) at…

BCH Hits Fresh Multi-Month High, Whilst MATIC Extends Declines  – Market Updates Bitcoin News

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Bitcoin cash jumped to a fresh seven-month high on Tuesday, as prices rallied, despite bearish sentiment increasing. Today’s move comes as the global cryptocurrency market cap is trading 1.50% lower at the time of writing. One of the most notable tokens to fall has been polygon, which dropped for a fourth straight day. Bitcoin Cash (BCH) Bitcoin cash (BCH) surged to a fresh multi-month high on Tuesday, despite sentiment in crypto markets turning bearish. Following a low of $143.19 to start the week, BCH/USD moved to an intraday high of…

NFT aggregator Blur eyes 30% price pump by March amid airdrop euphoria

Blur (BLUR) could rise by up to 30% by March 2023 owing to a mix of technical and fundamental factors. Blur airdrop hype Blur is a nonfungible token (NFT) aggregator that indexes digital art listings across various base marketplaces like LooksRare and OpenSea. In doing so, the aggregator allows users to trade across all NFTs marketplaces via a single interface. Since its launch in October 2022, Blur has become the leading NFT aggregator, accounting for 40%-60% of the daily NFT trading volume, according to data tracked by Messari. Blur versus…

BREAKING! FTX Token Crashes 90% A Meteoric Collapse In The Crypto Market | Gareth Soloway

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BREAKING! FTX Token Crashes 90% A Meteoric Collapse In The Crypto Market | Gareth Soloway In today’s video, Chief Market Strategist of Inthemoneystocks.com Gareth Soloway tells us all about his latest analysis of the charts as well as his predictions and price targets for Bitcoin, ETH, ADA, Solana, and QUANT. The drama between FTX and Binance has worried the bitcoin and crypto community who fear the clash will spillover to the wider market, Fears of contagion from the public spat between Binance…

Paxos is engaged in ‘constructive discussions’ with SEC: Report

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Stablecoin issuer Paxos was reportedly discussing the Binance USD (BUSD) stablecoin with the United States Securities and Exchange Commission following a Wells notice from the financial regulator. According to a Feb. 21 Reuters report, Paxos chief executive officer Charles Cascarilla said the firm was “engaged in constructive discussions” with the SEC and would continue to speak in private. The report followed the stablecoin issuer facing a lawsuit from the SEC, in which the regulator alleged BUSD was an unregistered security. Cascarilla reportedly said that Paxos would consider defending its position…