Press Release Today TheBitTimes.com

The collective market cap for the cryptocurrency market rose 0.04% over the past 24 hours. ADA, SOL, DOGE, DOT and LUNC were all trading at critical points on their daily charts. Noteworthy technical flags were on the verge of being triggered on ADA and DOT’s daily charts. The global cryptocurrency market cap printed a 24-hour gain of 0.04% according to CoinMarketCap. Subsequently, the total stood at approximately $1.19 trillion at press time. As the month comes to an end, investors and traders are looking for altcoins that show the most potential for gains this August. At press time, significant medium-term technical flags were on the verge of being triggered for several altcoins, including Cardano (ADA), Solana (SOL), Polkadot (DOT), Terra Classic (LUNC) and Dogecoin (DOGE). Should the technical flags present on these cryptocurrencies’ charts trigger, it may lead to substantial gains for traders and investors. Cardano (ADA) Daily chart for ADA/USDT ...

Next week, the crypto industry will closely follow the Litecoin (LTC) halving , which takes place every four years. Experts are monitoring the potential outcomes with interest.  At the same time, investors are exploring Borroe and its prospects for 2023 as Cardano (ADA) continues to grow and develop. >>Buy ROE tokens now<< Litecoin halving approaching The Litecoin halving is scheduled for on or around August 2, 2023. It could impact LTC prices and the broader crypto ecosystem. After halving , miner block rewards will drop from 12.5 to 6.25 LTC. You might also like: Litecoin emerges as top gainer with 7.23% increase ahead of halving Historically, prices tend to rise before, during, and after halving. In 2023, LTC prices rose 37.3% in five days, driving the coin from $82.84 to $113.70 between June 28 and July 3, 2023. Shortly after July 3, retail market participants and early bulls exited, forcing prices lower.  Experts expect higher prices following the ...

Also Read: Binance Facing Intense Scrutiny In Euro Area Amid Banking Woes advertisement SEC Takes Another Loss As per reports, the D.C. Circuit stated that the SEC’s decision to exclude certain stock volatility futures from certain regulations, allowing them to compete with another index, was deemed to be unfair and lacking a reasonable basis. The court felt that the decision was not justified and could have been made without enough thought or good reasons. Chief Judge Sri Srinivasan for the appeals court mentioned that the SEC failed adequately to explain its rationale while it also failed to consider an important aspect of the problem. This made the Commission’s decision questionable and not well-supported. However, this suggests that without exemption. SPIKES Index Futures will now fall under “securities futures” rather than “futures.” Bloomberg reported that the court is delaying the final order in the case. This i...

Sam Altman’s newly established crypto currency venture, Worldcoin , has been drawing regulatory attention, with France being the latest country to take notice. The French privacy watchdog, CNIL, has acknowledged the launch of Worldcoin by the co-founder of ChatGPT. However, the regulator has raised concerns about the legality of the company’s biometric data collection practices. According to a recent report, CNIL suggested that the iris scanning that Worldcoin requires “seems questionable.” CNIL said, “Worldcoin collected data in France, and the CNIL initiated investigations.” This distinctive project has garnered attention due to its unique verification process. This involves iris scanning, setting it apart from typical crypto projects. To achieve full verification, users are required to scan their irises using a customized device called Orb. This German-manufactured product creates a unique identifier. Currently, there are about 200 Orb...

VeChain (VET) and Cardano (ADA) investors appear to be redirecting their focus on Tradecurve (TCRV), a new crypto project.  Although still in its presale phase, Tradecurve’s potential in the upcoming months and years has garnered optimism from industry experts. >>Register for the Tradecurve presale<< VeChain holders exploring Tradecurve VeChain is a blockchain-based project that focuses on supply chain management. Its goal is to allow businesses and consumers to track products from origin to delivery.  VET prices surged in the 2017 and 2020 bull markets, with massive gains for those who bought in early. However, VET prices have since fallen to $0.19 — a 93% drop from its 2021 high of $0.2782. Despite multiple high-profile partnerships, the anticipated uptick in transactions on VeChain did not materialize as expected.  As a result, some VET “whales” are exploring other projects with the ongoing Tradecurve’s presale on their radar. Cardano ...

Mainstream adoption of the metaverse will require more than a dead-eyed avatar and high-quality graphics. The world met the first metaverse in 1992 when Neal Stephenson’s Snow Crash depicted an online world that users could only access via virtual reality (VR) goggles. Stephenson described this universe as a place where users could receive computer-generated bodies, hang out with friends and attend events like concerts. The 2018 film Ready Player One revisited this theme, emphasizing that the metaverse would overtake the real world and become the place where people spend most of their time. Currently, however, the metaverse and VR experiences are a far cry from how they were imagined in science-fiction media. Today’s graphics on metaverse and VR platforms don’t provide the realism that many would expect from a digital immersion experience. According to an article in Fast Company, the dead eyes of Mark Zuckerberg’s metaverse avatar in Meta’s latest release suggest a graphical qua...

Potential investors and the community are closely watching the well-known two rivals of the crypto market — ETH and SOL. Indicators show that ETH could experience a bullish trend soon as buyers gradually enter the market. SOL shows signs of an early start which could be caused due its falling wedge pattern. The crypto community is highly anticipating the cryptocurrency’s state after the Fed Meeting. Among the many digital assets, potential investors and the community are closely watching the well-known rivals of the crypto market — ETH and SOL. Let’s take a closer look at these altcoins’ price sentiments over time. Ethereum’s Price Analysis Looking at ETH/USDT 3-hour chart, the candlesticks are currently trading at $1,855, just below the Bollinger Bands’ middle line. In the mid-week of June, ETH, along with other altcoins, experienced a surge in their prices. This gigantic spike created the opportunity for ETH to cross beyond the $2,000 barrier. ...

The Bitcoin funding rate strategy has proven to be accurate over the past year. BTC has reacted in a particular way during overheated and cooling-off periods. Whenever the number crosses 0.0100 [red], it indicated the loss of buying power. However, the arrival into this zone does not call for an immediate correction. The funding rate has to start falling alongside and accompany the price parallelly. When both these conditions are fulfilled, this strategy confirms a price correction. The current condition seems to be synonymous with what was observed during Q1. The market concluded one overheated phase and the funding started dropping, laying the foundations for a correction. Also Read: Bitcoin: ‘Earnings Season’ Rally Is Due, Will BTC React Accordingly? Source: CryptoQuant Last time, only after two peaks were created, and the funding rate subsequently dropped below -0.0100, a recovery was initiated. Thus, only after a proper cool-down, a change in trend be expected from Bitc...

New UK CEO Ahead Of Launch On Tuesday, it was revealed through a record kept by the UK’s Financial Conduct Authority that Jordan Dane Sinclair had been chosen and given the go-ahead to serve as CEO of Robinhood UK Ltd. According to accounts filed by its UK subsidiary in May, the platform plans to introduce brokerage services to individual UK retail investors this year after making two prior attempts. advertisement According to Sky News, which broke the news of his appointment, Sinclair most recently served as managing director for Europe at the regional retail stock-trading software Freetrade. One job posting for the company stated, “Our team of Hoodies in the UK will enable Robinhood to continue developing excellent financial products on our journey towards democratizing finance for all.” There is a need to fill these important positions in the UK, as regulatory filings suggest Robinhood intends to introduce an FCA-approved brokerage service ...