THETA, LIDO, KLAY and EGLD flash bullish signs as Bitcoin recaptures $23K

The cryptocurrency markets and the United States equities markets witnessed profit-booking this week as the macroeconomic data hinted toward continued rate hikes by the Federal Reserve. Bitcoin (BTC) is down more than 4% and the S&P 500 fell 2.7% to record its worst week of the year.  The CME FedWatch Tool shows a 73% probability …

BitDAO’s Mantle Core proposes $200M for Web3 fund

A proposal seeking to create a $200 million fund dedicated to early-stage Web3 startups was submitted on Feb. 26 by Mantle Core on BitDAO’s governance forum. The ecosystem fund aims to boost the adoption of Mantle’s network among developers and Dapps.  Mantle is an Ethereum layer-2 network developed by the BitDAO ecosystem. According to the …

Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils

The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation has attracted more digital asset donations than the invading power. Ukraine Supporters Sent Over $212 Million in …

Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease

While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The country’s inflation rate has cooled down over the past seven months, but Wilkerson insists …

Important Bitcoin Chart Screaming Bullish for BTC, According to InvestAnswers

A widely followed crypto analyst says that one important Bitcoin (BTC) chart points toward major bullishness over the long term. In a new video update, the host of InvestAnswers tells his 441,000 YouTube subscribers that the amount of users connected to each other through BTC is a signal that the king crypto will eventually spark …

Celebrities Kim Kardashian, Paul Pierce, Floyd Mayweather and Others Ask Court To Drop New EthereumMax Lawsuit

Defendants involved in the EthereumMax (EMAX) lawsuit are requesting that the California Central District Court dismiss the latest charges brought against them. In December, U.S. District Judge Michael W. Fitzgerald tossed a class-action lawsuit alleging that reality TV star Kim Kardashian, NBA legend Paul Pierce, boxing champion Floyd Mayweather Jr. and other defendants fraudulently promoted …

Texas objects to Voyager-Binance.US deal, court filing shows

Texas’ State Securities Board and the Department of Banking are objecting to a proposed deal between Binance.US and bankrupted crypto lender Voyager Digital, shows a court filing from Feb. 24.  According to the document, Binance.US’s terms of service and restructuring plan contain a number of “inadequate” disclosures, including not informing unsecured creditors adequately that under the …

Majority of Weapons Suppliers to Ukraine Accepting Crypto As Payment: Report

The majority of companies supplying weapons to Ukraine in its defense efforts against Russia are reportedly accepting crypto assets as payment. According to a new report by Yahoo Finance UK, Alex Bornyakov, Ukraine’s deputy digital minister, says that about 60% of the combat suppliers the country has done business with have been able to accept …

Bitcoin may only need 4 weeks to hit $30K as key monthly close looms

Bitcoin (BTC) sought to end the week above $23,000 into the Feb. 26 close as concerns heightened over stubborn resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price bulls keep faith in $30,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $23,318 on the day, up $600 from its weekend lows. The …

How to create an IT strategy for your business

Creating an information technology (IT) strategy is essential for any business that wants to stay competitive in today’s digital world. An effective IT strategy can help you leverage technology to improve efficiency, productivity and profitability. This article explains six steps to create an IT strategy for your business. Step 1: Define your business goals Setting …

FSB, IMF and BIS papers to set global crypto framework, says G20

The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will deliver papers and recommendations establishing standards for a global crypto regulatory framework, announced on Feb. 25 the group of the 20 biggest economies of the world, collectively known as G20.  According to a document summarizing the outcomes …

Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder

On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow Lido, the liquid staking platform with the highest amount …

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also eroded trust. The following is a look at …

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