Day: March 23, 2023

Pooky launches full version of its Play-and-Earn game

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[ad_1] This Next Level Blockchain Gaming Project is ready to take off About the BOUNTYKINDS NFT PUBLIC SALE BOUNTYKINDS is a Web3 Metaverse game currently under development and is scheduled for official release this year on the Binance Chain, with its Alpha Test release this coming April, and its Beta Test release that follows soon after.  Due to the efforts of its development team, BOUNTYKINDS will be available on the mainnet for all Alpha test ticket holders, paving way for more players to be able to join the testing phase.…

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Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?

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[ad_1] Ethereum’s native token, Ether (ETH), continues its multimonth downtrend against Bitcoin (BTC) in March, rising 5.5% versus the latter’s 19.5% gains on a month-to-date timeframe. Bitcoin overshadows Ethereum amid banking crisis As of March 23, the ETH/BTC pair was down about 9% month-to-date to 0.0633 while staying on course to record its worst month since September 2022, when it fell 11.75%. ETH/BTC monthly price chart. Source: TradingView From a fundamental perspective, traders preferred Bitcoin over Ether, hoping it would protect them from the ongoing banking turmoil in the U.S.…

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Federal Reserve Admits Blindsided Oversight of SVB Collapse

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[ad_1] The recent collapse of Silicon Valley Bank (SVB) has prompted an internal investigation by the Federal Reserve to look into the failure of the bank and the Fed’s regulation of it. Federal Reserve Chairman Jerome Powell has admitted to being blindsided by the sudden collapse of SVB despite being under their supervision. This has raised concerns about the effectiveness of the Federal Reserve’s oversight of banks in the United States. SVB’s collapse has been linked to the Federal Reserve’s successive interest rate hikes aimed at taming inflation, which eroded…

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$359,000,000 in Bitcoin and Crypto Liquidated in Just 24 Hours As BTC Reclaims $28,000 – The Daily Hodl

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[ad_1] Hundreds of millions of dollars in Bitcoin (BTC) and other cryptocurrencies were liquidated from the markets after the Federal Reserve raised interest rates. According to data from market intelligence firm Coinglass, in the past 24 hours, $359 million in crypto was sold off. The liquidation was likely caused by the Federal Reserve raising interest rates again, this time by 25 basis points on Wednesday, in the agency’s effort to draw down inflation. When the rate hike was announced, Bitcoin’s price momentarily dipped into the high $26,000 level. Bitcoin has…

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Bitcoin erases Fed losses as traders eye $40K BTC price target

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[ad_1] Bitcoin (BTC) returned to near $29,000 on March 23 as bulls ignored news of a fresh United States regulatory crackdown. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin shrugs off Coinbase, Do Kwon arrest Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining almost 8% versus its overnight lows to challenge nine-month highs on Bitstamp. The pair kept the volatility coming as the dust settled on the prior day’s interest rate decision and associated commentary from the Federal Reserve. Despite Fed Chair Jerome Powell giving mixed signals over how…

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BNB Chain launches phase 2 of its online Bootcamp-Hackathon-Incubator program

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[ad_1] BNB Chain is the world’s largest smart contract blockchain in terms of daily active users. It is conducting an online Bootcamp-Hackathon-Incubator program running for six months. The blockchain has launched the second phase of the program BNB Chain has launched Zero2Hero Hackathon, the second phase of its online Bootcamp-Hackathon-Incubator program that started its initial phase in February and focuses on accelerating Web3 development. The Zero2Hero hackathon will run from April 17 to May 14. It has support from Google Cloud, Tencent Cloud, and Amazon Web Services (AWS). The Zero2Hero…

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