Month: March 2023

Why is Litecoin price up today?

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Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on March 23, surpassing its top-ranking rivals Bitcoin (BTC) and Ether (ETH).  Litecoin attracts Bitcoin and Ethereum investors LTC price rallied 5.5% to reach an intraday high of around $92.50. In comparison, the total crypto market capitalization (TOTAL) has risen 2.25% to $1.14 trillion, with BTC and ETH rising 1.79% and 1.42%, respectively. The Federal Reserve’s 25 basis points (bps) rate hike on March 22 appears to be the key driver behind Litecoin beating its crypto rivals over the past 24…

Investors have more work to do in ensuring the success of Web3: PBW2023

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A group of professionals in Web3 took to the Master stage at Paris Blockchain Week 2023 to discuss how Web3 is changing the game for startups and investors. This new paradigm disrupts traditional business models and provides opportunities for startups and investors to tap into a new market.  In the panel “Crypto, Culture, and Capital: How Web3 is Changing the Game for Startups and Investors,” the group discussed how Web3 startups are different from Web2 startups and how the different cultures existent in them shape and affect their various ecosystems.…

Regulation still key for the evolution of CeFi: Paris Blockchain Week

Centralized finance (CeFi) will continue to be an important avenue to drive the adoption of decentralized finance (DeFi) services in the future, but regulatory considerations remain a significant part of the process. This was a key theme that emerged during a panel titled ‘How to Do CeFi Right – the Balance Between TradFi & DeFi?’ at Paris Blockchain Week. A handful of industry experts weighed in on the current state of CeFi and DeFi, their relationship and importance for the future of the space. Eric Turner, vice president of market…

Radix Pulls $10M in New Funding to Top $400M in Valuation

Some of the solutions being developed on Radix include but are not limited to those hinged on dApps for trading, saving, lending, borrowing, gaming, NFTs, and wallets. Blockchain-based Web 3.0 startup Radix Token has announced it has raised the sum of $10 million in new funding as it continues to bolster its engagement to help chart the evolution of the blockchain ecosystem. According to a Press Release shared with Coinspeaker, the Radix funding was led by DWF Labs, one of the biggest players in the Web 3.0 world. “It is…

Cointelegraph Markets Pro delivers alerts for 113% gains from 5 trades in the face of 10% BTC drop

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In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto trading platform displayed how its members could have captured a cumulative 113% gain by following five trades based on three different advanced data indicators. The report depicts trading alerts generated between March 5 – 10, 2023.  The potential gains available to Cointelegraph Markets Pro subscribers significantly outperform a simple buy-and-hold strategy during the same period, which would’ve yielded holders of Bitcoin (BTC) a loss of 10%. Cointelegraph Markets Pro uses indicators such as the VORTECS™ Score, NewsQuakes™ and Tweet Volume…

Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens – Exchanges Bitcoin News

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Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets. Chatgpt Approves 5 High-Risk Tokens, Coinbase May Use It for Secondary Control Digital asset exchange Coinbase has tried the artificial intelligence (AI) chatbot developed by Openai to conduct automated token reviews. The U.S.-based trading platform said that while Chatgpt was not accurate enough to be…