Bitcoin Soars to New Heights, Becomes ‚Safe Haven‘ Again

• Bitcoin has seen a strong rebound and is once again considered a “safe haven” asset by many.
• Positive developments such as increased adoption are driving its growth.
• Analysts from across the crypto industry have expressed optimism about both BTC and Ethereum’s future prospects.

Bitcoin Is Once Again Considered a „Safe Haven“

Bitcoin – the world’s number one cryptocurrency by market cap – has had a couple of solid months, leading many to view it once again as a „safe haven“. Last year was difficult for bitcoin, with the asset losing more than 70 percent of its overall value after hitting an all-time high in 2021. By the end of 2022, it was trading in the mid-$16K range and other assets followed suit, causing the crypto space to lose over $2 trillion in valuation. Recently however, bitcoin hit $25K – its highest level in 6 months – as stores and retail outlets started accepting it as digital payment method.

Positive Developments Driving Growth

Azra Kojadinovic – president of the Serbia Chapter – commented that BTC’s long-term outlook remains positive and ETH’s increasing popularity has been driving its growth. Whitney Setiawan – research analyst at crypto exchange Bitrue – echoed this sentiment but warned that long term holders may take their profits which could lead to some visible negative corrections in short to mid-term. Jenny Zheng – BD lead at ByBit – noted that with companies now accepting crypto for payments, these assets are likely to surge in value even further.

The Future Looks Bright

The enthusiasm levels remain high within the crypto sphere and investors are taking positions which could change their bottom line in future. As adoption of cryptocurrencies continues to rise, analysts from across the industry remain optimistic about both BTC and Ethereum’s future prospects in terms of price performance and usage.

Regulatory Pressures No Longer An Issue

It appears that regulatory pressures no longer pose an issue for bitcoin or other cryptocurrencies as its recent upsurge shows that it is becoming somewhat immune from them. This shows how far cryptocurrency has come since last year when there were several issues concerning regulation which caused prices to crash substantially.

Conclusion

In conclusion, Bitcoin is once again being viewed as a „safe haven“ asset by many people due to its recent surge in price and increase in adoption amongst retailers and stores worldwide. Analysts from across the industry remain optimistic about both BTC and Ethereum’s long-term outlooks, suggesting that prices will continue rising over time despite possible short-term corrections due to profit taking by long term holders. Regulatory pressures no longer appear to be an issue either; this highlights how far cryptocurrency has come since last year when they posed significant problems for investors looking towards making gains on their investments into these digital assets

Crypto Retirement Investments Protected: Senator Tuberville Reintroduces Bill

Senator Tuberville Introduces Retirement Crypto Investment Bill

• Senator Tommy Tuberville (R-AL) is reintroducing a bill that would prevent the Department of Labor from interfering with retirees who want to use their funds to purchase crypto or other speculative assets.
• The move is being initiated as a response to the Biden administration’s attempt to regulate standard American financial practices and control what citizens do with their money.
• Tuberville believes that federal government shouldn’t be choosing winners and losers in the investment game, and that Americans should have the freedom to invest in their futures however they see fit.

Biden Administration’s Overregulation

The Biden administration has been working hard to implement heavy regulations on everyday Americans‘ finances, particularly targeting 401(k) investments by attempting to overregulate them. This has caused a lot of frustration among lawmakers like Senator Tuberville, who believes that such tactics restrain financial growth and restrict personal liberty. He stated: „The federal government shouldn’t choose winners and losers in the investment game. Bureaucrats have no business telling hard-working Americans how to manage their savings accounts.“

Elizabeth Warren’s Opposition

When Fidelity announced it would allow clients to use their retirement funds for investing in cryptocurrency, Elizabeth Warren (D-MA) responded by accusing them of irresponsible tactics and attacking them for it. Such behavior demonstrates how certain members of the Democrat party are trying to get in the way of individuals making decisions about how they spend their money – something which goes against what was set out by our Founding Fathers in our Constitution.

Conclusion

Senator Tuberville’s proposed bill is an attempt to protect American citizens from having their financial decisions regulated by an intrusive government which seeks only to control its people rather than allowing them free reign over their own lives. Despite opposition from some members within his own party, he insists that everyone who earns a paycheck should have access to the same level of financial freedom when it comes to investing in their future.

Impact

If successful, this bill could provide retirees with greater autonomy when it comes to managing their savings accounts – allowing them more freedom when deciding where best they invest for retirement without fear of interference from the government or other political figures seeking regulation or control over these actions. This could be hugely beneficial for those looking towards retirement as it gives them greater security and assurance knowing that they can make choices based on what works best for them without any external influence getting involved.

Crypto Strategist Kalah Haley: Blockchain Tech is Here to Stay!

• Kalah Haley, founder of Saint Rock Media, is a Non-Fungible Token (NFT) strategist who believes that digital assets have potential but need to change directions.
• She believes blockchain technology will be the future and that cryptocurrency is not going away anytime soon.
• She is a huge fan of bitcoin because it’s fully decentralized and controlled by no single entity.

Kalah Haley on the Future of Digital Assets

Non-fungible token (NFT) strategist and founder of Saint Rock Media Kalah Haley makes her paychecks by analyzing where the NFT market will go. NFTs, while not necessarily cryptocurrency, are arguably crypto-based given that they are tokens running on blockchain and they can sometimes be used as collateral to gain crypto. In a recent interview, Haley said that while she feels digital assets have a lot of potential and are here to stay, they need to change their directions up a bit given they’re not really going anywhere at the time of writing.

Misconception About Crypto

Haley stated: I think a lot of people have a pretty bad misconception. The biggest thing, in her opinion, is blockchain technology. She believes blockchain is going to be what companies and individuals really take to in the coming years, and that if crypto has anything to offer, this technology is it.

Bitcoin: The Daddy Of All Altcoins

She also mentioned that she’s a huge fan of bitcoin, and that she feels it’s the only digital asset out there today that really has anything to present. She loves that it’s fully decentralized and uncontrolled by a single entity. She also states it was the first crypto to come to the market, and that as the biggest one and the daddy of all follow-up altcoins, it has the most chance of integrating itself into modern society.

Why Bitcoin?

She said: I think bitcoin is a good bet simply because it’s the most decentralized – no one controls it – which also makes it hard build on top of since no one owns or maintains its technology either.

Other Analysts Also Like Bitcoin

She is not alone in her opinion about BTC; despite bearish markets in 2022 when BTC fell over 50%, well known analyst Tim Draper also likes BTC

EOS Price on the Rise: Bulls Aiming for $1.30 Again

• EOS price is rising above $1.15 against the US Dollar, similar to bitcoin.
• There was a break above a key bearish trend line with resistance near $1.18 on the 4-hours chart of the EOS/USD pair.
• The first major resistance is near the $1.232 level, above which the price could rise steadily towards the $1.30 level.

EOS Price Analysis

EOS price started a fresh increase from the $1.08 support against the US Dollar. The price is now trading above $1.15 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.22 and $1.232 resistance levels.

Upside Targets

On the upside, an immediate resistance is near the $1.22 level, close to 61.8% Fib retracement level of last key drop from swing high to low point of EOS/USD pair. The first major resistance is near the $1.232 level, above which it could rise steadily towards its next target at around$ 1.30 mark or even higher reaching as far as$ 1 .32 mark if there are no interruptions in movement .

Downside Support Levels

On the downside, there are two main support levels at around$ 1 .16 and$ 1 .145 respectively where it may find some consolidation below them before further advancing in either direction . If there’s any downward break below these supports , then price may revisit its previous low of$ 1 .0731 or even lower reaching as far as$ 1 .02 mark or even lower depending on market conditions .

Indicators

Technical indicators like MACD and RSI are currently showing bullish signs for EOS/USD suggesting that prices might continue its upward momentum in future unless any major changes occur in market sentiment or other factors influencing its pricing pattern ,

Conclusion

In conclusion , considering all factors discussed so far , we can say that EOS prices will likely to continue their uptrend if they manage to sustain themselves over important support levels discussed earlier and break through resistances mentioned later with ease without much volatility seen in markets during this period of time .

Crypto Transactions: Success Rates Vary By User Location

• A recent report suggests that the success rate of cryptocurrency transactions depends heavily on user location.
• The investigation revealed that half of the fiat digital currency transactions failed after completing KYC verification.
• Factors influencing transaction performance include local regulations, availability of crypto-friendly banks and financial institutions, payment methods and transaction values.

Crypto Transaction Success Rate Depends On User Location

A recent report states that the success rate of cryptocurrency transactions depends heavily on the user’s location. It depends not only on users‘ information and verification, such as the Know Your Customer (KYC) process. Cointelegraph Research & Onramper conducted a survey to trace this issue among some crypto exchanges, including MoonPay, Coinify, Wyre, Transak, etc.

Transaction Failure Causes 90% Abandonment Of Crypto Dealings

The data showed that half (50%) of the fiat digital currency transactions failed after completing KYC verification which caused about 90% abandonment of crypto dealings. This was due to various factors like local regulations, availability of crypto-friendly banks and financial institutions and technological infrastructure level in different countries.

High Success Rates In Japan And South Korea

The success rate for transactions tends to be higher in countries like Japan and South Korea where there are more established regulations and infrastructure for cryptocurrencies than some other countries in Africa or South America with fewer regulations and less developed financial infrastructure tend to record low success rates in transactions.

Other Factors Influencing Transaction Performance

Apart from user location, other factors contributing to successful transaction includes different payment methods and transaction values. According to the report bank transfers are reliable as they guarantee almost 100% transaction success while small transaction values have more chances of success than higher ones (value worth $0-$26).

Conclusion

To conclude it can be said that the success rate for cryptocurrency transactions is largely dependent upon user’s location along with other factors like payment methods and value size which should be taken into consideration for a smoother transaction experience globally.

Hadeswap Acquires Solana Monkey Business: Unlocking the Future of NFTs

• Hadeswap has acquired the IP rights to Solana Monkey Business, a popular NFT project on the Solana blockchain.
• Hadeswap intends to continue to support the project while making it more approachable to a larger audience and incorporating it into the ecosystem of its Hadeswap and HADES tokens.
• Data from CryptoSlam shows that SMB has produced more trading volume (in USD) than any other Solana project, amounting to about $159 million.

Hadeswap Acquires Solana Monkey Business

Hadeswap, an innovative type of marketplace that uses an automated market maker (AMM) and trading pools rather than conventional item listings, has announced that it has purchased the IP rights for one of the first and most valuable NFT projects on the Solana blockchain – Solana Monkey Business (SMB). The platform intends to continue to support the well-known project while bridging its shortcomings in order make it more approachable to a larger audience.

Legacy Respected

Hadeswap stated its intentions to „respect the legacy“ of Solana Monkey Business while transferring ownership of the IP rights over to HadesDAO in order lead this initiative. The platform also plans involves participation in Hadeswaps DAO funding & proposals as part of its commitment towards supporting SMB’s future development.

Solana Monkey Business Overview

Solana Monkey Business was one of the first initiatives in emerging Solana NFT market, debuting in June 2021 with 205 initial pixel collectibles featuring a monkey in space. Over 5,000 NFT profile pictures (PFPs), known as Gen2 collection have grown popular among collectors over past year or so with a floor price (or price of cheapest listed NFT) around 283 SOL which amounts up to almost $5,800 on Magic Eden marketplace – second highest starting price after DeGods among any significant projects involving at least 1000 pieces .

Trading Volume Stats

Data from CryptoSlam shows that SMB has produced more trading volume (in USD) than any other Solana project amounting up to about $159 million which is mainly due its popularity when SOL was close its peak price at $260 back in late 2021.

Conclusion

The acquisition by HadesWap will bring new life into this established project while keeping intact its legacy along with providing necessary funds for further development plus increasing accessibility for larger audiences through varied platforms like HADES tokens etc.

Discover the New World of Crypto Gaming with Meta Masters Guild

– Meta Masters Guild is a Web3 gaming guild that utilizes blockchain and Web3 technology to provide gamers with an immersive experience.
– The MEMAG coin, which is currently undergoing a presale, will support all aspects of the Meta Masters Guild ecosystem.
– The project has already raised $3.1 million in its token presale and investors can purchase tokens for only $0.019 each before the price increases to $0.021 after the current presale period ends.

Introduction

Cilinix Crypto reviewed the first Web3 initiative to mainly focus on mobile gaming – Meta Masters Guild (MEMAG). This cutting-edge platform has raised $3.1 million in its token presale and is quickly becoming known as one of the most interesting P2E projects ever released.

MEMAG Coin & GEMS

The MEMAG coin, which is now undergoing a presale, will support all Meta Masters Guild ecosystem features. Additionally, MEMAG tokens can be staked to generate passive income. However, it will not be used as a platform reward so selling pressure from users should not affect its performance over time. Instead, members in the Meta Masters Guild ecosystem will receive GEMS – an in-app token that can be converted into the MEMAG token – for successfully completing objectives and tasks within the game world itself.

Presale Success

The project is currently in its fifth phase of successful presales and has already raised over $3 million dollars so far. Investors can purchase tokens for only $0.019 each before this price increases to $0.021 after the current presale period ends later this month on February 26th 2023 UTC+8:00 .

Advantages of MEMAG

Meta Masters Guild boasts several advantages over other crypto projects including: no ongoing selling pressure from users, specialized game development studio partnerships, competent team members and more making it easily stand out from other projects in its space today.

Conclusion

In conclusion, Cilinix Crypto found Meta Masters Guild’s main advantages led it quickly become known as an extremely interesting P2E project due to its cutting edge technology utilizing blockchain and Web 3 technologies as well as no ongoing selling pressure from users, specialized game development studio partnerships ,competent team members and more making it one of the most promising projects out there today . With a successful 5th phase of their token sale happening now investors have a chance to get their hands on some early bird discounts with tokens being sold at only 0 .19 cents per token until February 26th 2023 UTC+8:00 when prices are expected increase by 2 cents per token afterwards making this potentially one of best investments you could make right now !

Bitcoin Price Consolidates Around $23,000 as Bearish Trend May Emerge

• Bitcoin’s price is hovering around the $23,000 level
• The market is currently sideways, but a bearish movement may be in store
• The Relative Strength Index (14) is moving within the overbought region, indicating a potential bearish direction

The Bitcoin price has been consolidating around the $23,000 level over the past few days, as the market is currently trading sideways. This comes after the king coin saw a significant surge in December, reaching its all-time high of $41,962. As the market is currently in a consolidation period, a bearish movement may be in store.

The Relative Strength Index (14) is currently moving within the overbought region, indicating that a downward movement may be in the cards. If the price were to break below the red line of the 9-day moving average, it could signal a bearish trend. This could mean that a recovery may not come easy, and that the coin may have difficulty crossing above the upper boundary of the channel.

The Bitcoin price prediction also shows that the coin could face further resistance at the $27,000, $29,000, and $31,000 levels. On the other hand, if the coin were to fall, it could find support at the $20,000, $18,000, and $16,000 levels.

Overall, the Bitcoin market is currently in a consolidation period, and a bearish movement may be in store. The Relative Strength Index is currently in the overbought region, indicating that a downward trend may be in the cards. If the coin were to break below the red line of the 9-day moving average, it could signal a bearish trend. Further resistance levels are set at the $27,000, $29,000, and $31,000 levels. On the other hand, if the coin were to fall, it could find support at the $20,000, $18,000, and $16,000 levels.

Cardano Reaches All-Time High as Djed Stablecoin Launch & Vasil Upgrade Loom

• Cardano (ADA) has been on a bullish trend due to the recent crypto market pump.
• Djed stablecoin is a new coin to be launched on the Cardano ecosystem that may cause a change in the value of ADA soon.
• Cardano has seen significant growth in new cryptocurrency wallets, adding over 22,000 staking addresses monthly for 13 months.

The Cardano blockchain has been one of the biggest beneficiaries of the recent crypto market pump, with its native token, ADA, reaching a new all-time high. This bullish trend has been driven by a number of positive developments, including the upcoming launch of the Djed stablecoin and the recent Vasil mainnet upgrade.

The Djed stablecoin is being launched on the Cardano ecosystem and is supported by ADA. It is an algorithmic stablecoin that is over-collateralized and crypto-backed, and it is being created by IOG, a major supporter of Cardano. The coin is being launched on Coti, a layer-1 scalable enterprise network.

The Vasil mainnet upgrade, which is expected to increase the network’s capacity and scalability, is another major development that could have a positive impact on Cardano’s price. The upgrade is designed to improve the network’s performance and make it more efficient and secure.

Cardano has also seen significant growth in new cryptocurrency wallets, with over 22,000 staking addresses being added every month for the past 13 months. This growth is a positive indication for traders, despite the current bear market trend.

Overall, the recent developments and upgrades in the Cardano network have been largely positive and could lead to long-term optimism. With the launch of Djed stablecoin and the Vasil mainnet upgrade, Cardano could be gaining more traction in the crypto space, which could lead to an increase in the price of ADA.

Binance Now Registered in Sweden, Providing Crypto Services to Residents

• Binance, the world’s largest cryptocurrency exchange by trading volumes, has been registered in Sweden.
• This registration was granted by the Swedish Financial Supervisory Authority (FSA).
• This registration will enable Swedish residents to access the cryptocurrency and Web3 services offered by the exchange.

Binance, the world’s largest cryptocurrency exchange by trading volumes, has recently been registered in Sweden. This was made possible after engaging with the Swedish Financial Supervisory Authority (FSA). The registration will enable Swedish residents to access the cryptocurrency and Web3 services offered by the exchange.

The registration by the FSA is the seventh license Binance has received in the European Union and the fifteenth globally. This registration will provide access to popular euro deposits and withdrawals, crypto buying with euro, trading, staking, and the Binance Visa Card for Swedish residents.

Richard Teng, the Head of Europe and MENA at Binance, commented on this development. He said that Binance is committed to working closely with regulators and meeting its global standards. Teng also said that Sweden is the latest addition to the list of jurisdictions which have given the regulatory green light to Binance.

Roy van Krimpen, the Nordics and Benelux lead, said that Sweden followed EU regulations and has enabled Binance to provide its services in the country. He also said that the registration is part of the exchange’s commitment to facilitate access to financial services to its users.

By registering in Sweden, Binance will create a website in the country and market itself directly to its consumers. This move will allow the exchange to expand its global presence and make it easier for Swedish residents to access its services.

With the registration in Sweden, Binance has solidified its place as one of the leading cryptocurrency exchanges in the world. The exchange’s commitment to working closely with regulators and meeting its global standards has opened doors for it to expand its presence to more countries.