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Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of writing. As for LINK, chainlink bulls have so far failed to break out of a key resistance point. Monero (XMR) Monero (XMR) was one of Thursday’s notable gainers, with prices climbing for a third consecutive session. XMR/USD rose to a high of $163.19 earlier in today’s session, which comes a day after the token fell to a low of $155.83. As a result of the move, XMR moved towards last Sunday’s high at $166.07, which was its strongest point since February 20. XMR/USD – Daily Chart Looking at the chart, today’s move came as monero surged above a recent resistance level at $160.00. Overall, the surge came as the 14-day relative strength index (RSI) collided with its own ceiling at the 55.00 mark. At the time of writing, the index is tracking

Digital regulatory professionals have predicted the wide use of stablecoins throughout the world by the year 2030, despite the current competition between TradFi and DeFi Regulated stablecoins are currently in the spotlight of policymakers as a panel of professionals in the digital regulatory space unpacks their predictions on the use of regulated stablecoins in the future at the World of Web (WOW) Summit in Hong Kong.  In the panel titled “Digital Assets: Policies & the Road Ahead,” the group discussed how regulated stablecoins would most likely remain in use by 2030 and how the current growth rate of the stablecoin helps to ensure this. While recognizing the growth of the crypto industry , Alexandra Sasha, the 1st Deputy to the Danish Parliament and an advocate for Blockchain technology and innovation noted that the regulated stable coins will definitely grow stronger. Alexandra went on to say that despite the wide acceptance of regulated stable coins , there are still in exi

Join Our Telegram channel to stay up to date on breaking news coverage Financial regulators around the world have been heavily focused on cryptocurrencies for years. In some nations, such as Japan, Korea, Singapore, and alike, the regulators are trying to enable the crypto industry by providing strict but altogether fair laws. In other regions, such as the US, regulators seem more focused on punishing projects that have done something wrong rather than coming up with appropriate crypto laws. However, the fact remains that regulators are strongly focused on blockchain and crypto while ignoring most other emerging technologies. At least, this is what Galaxy Digital’s CEO, Mike Novogratz, seems to believe. Regulators need to start paying attention to AI Novogratz recently told investors that he is shocked by the fact that regulatory attention is so focused on the crypto industry while they apparently completely ignore Artificial Intelligence (AI). According to Novogratz, this

According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to the Cosmos Blockchain Noble, a token issuance protocol startup, has revealed the Cosmos network of IBC protocols will support USDC. The team introduced Noble last week in a blog post that describes the protocol as an “app-chain purpose-built for native asset issuance in Cosmos and the boundless Inter-Blockchain Communication (IBC) ecosystem.” On Tuesday, Noble announced its partnership with Circle Financial to bring USDC to the Cosmos ecosystem. “This is a huge moment for our ecosystem,” Noble said on Tuesday. “Cosmos has never had a native, fiat-backed stablecoin that is highly liquid [and] fully collateralized. F

Shiba Inu’s (SHIB) lead developer, Shytoshi Kusama, has said that 500 people have expressed interest in being validators for the project’s upcoming layer-2 network, Shibarium . At least 500 people are interested to be a validator #SHIB #SHIBARMY pic.twitter.com/hRZFeX2DWt — SUNSHINE 柴犬 (@sunshineSHIB) March 27, 2023 According to a screenshot, most validators have already received an invitation to use Shiba Inu’s Shibarium testnet beta. Kusama also said that most validators will be given early access to the network. That way they can decide if being a validator actually suits their needs. However, some applicants did not receive the message. This, according to Kusama, was due to a tagging error. How will Shiba Inu choose its Shibarium validators? Blockchain nodes known as validators are in charge of confirming and approving transactions on a network. Operators known as validators are in charge of these nodes. When Shibarium debuts, the validators will be in charge of

A cryptocurrency analyst with the Twitter name Ali has made public his price expectations for NEO, the cryptocurrency for the open-source, decentralized application blockchain that goes by the same name, Neo. Ali expressed his NEO price expectations using a Head and Shoulders pattern identified on the 4-hour chart of the cryptocurrency. $NEO appears to be shaping an H&S patttern on 4hr chart! A break above $14 = bullish, target $18. Keep an eye on $12 support as losing this level could spoil the party for #NEO. pic.twitter.com/vHi3ONiz51 — Ali (@ali_charts) March 27, 2023 Based on the chart displayed and Ali’s Analysis , the Head and Shoulders pattern has left strong support and resistance at the $12 and $14 price levels, respectively. He notes that a break above the $14 region could see the cryptocurrency under Analysis rally up to the $18 mark. On the contrary, breaking below $12 could change the scenario and lead NEO to lower price levels. At the time of Ali’s

The theme of PBW revolved around the evolution of Web3 in the mainstream, the past, present and future of the crypto industry. The major yearly blockchain event, Paris Blockchain Week, brought together some of the biggest names in the blockchain and crypto industry in 2023. The three-day event starting on March 21 turned out to be a net positive for the crypto industry as prominent industry players came together to discuss and share their thoughts on the past, present and future of the decentralized ecosystem. The Cointelegraph team was present on the ground to bring readers some of the behind-the-scenes, exclusive interviews, insightful video bites from industry experts and more. Cointelegraph editor-in-chief Kristina Lucrezia Cornèr, head of video Jackson DuMont and reporter Joseph Hall were tasked with the duty to bring readers a bird's eye view of the event. The Cointelegraph team making sure you get the best angle. Father of the metaverse reflect on the industry today Even b

Join Our Telegram channel to stay up to date on breaking news coverage The Stellar price prediction shows that XLM will soon see a significant short-term rally or could see a worrying decline toward the $0.085 support level. Stellar Prediction Statistics Data: Stellar price now – $0.091 Stellar market cap – $2.4 billion Stellar circulating supply – 26.5 billion Stellar total supply – 50 billion Stellar Coinmarketcap ranking – #27 XLM/USD Market Key Levels: Resistance levels: $0.110, $0.115, $0.120 Support levels: $0.075, $0.070, $0.065 XLMUSD – Daily Chart XLM/USD is still stuck in an incredibly tight trading range after touching the daily high at $0.093. However, an early daily rally towards the $0.100 level failed to generate sustainable gains, with the Stellar price slipping back under the daily high of $0.063 resistance level. Meanwhile, the longer that the crypto fails to rally from the current trading level; the greater the chance that we may see it falling t

Join Our Telegram channel to stay up to date on breaking news coverage Shiba Inu, the second largest meme coin with a market capitalization of around $6.82 billion, is seeing increased social activity. The increased interest in the Shiba Inu network has coincided with the 2023 National Puppy Day. Binance US references Shiba Inu on National Puppy Day The National Puppy Day was celebrate d on March 23. Binance US marked this day by celebrating the second-largest canine-themed digital asset. The official Twitter handle for Binance US posted a few images of puppies of the Binance US team to celebrate the day. Binance US later published another tweet that posted an image of a puppy named Masha. The puppy was dressed in jeans with several crypto-focused brands embedded in the clothing. One of the displayed logos was for the Shiba Inu meme coin. In addition to being an impeccable dresser, we've also been told Masha is a cryptopunk. pic.twitter.com/iRvyOAqHw1 — Binance.US 🇺

Web3 companies, events, and jobs available in Dubai have turned the city into a crypto hub, and people are following the lead. The crypto-friendly regulations have turned Dubai and the United Arab Emirates (UAE) into a hotspot for Web3 technologies. Since Dubai set a clear regulatory framework for crypto welcomed by most industry players, it has become a second home for many global Web3 projects, including those dealing in the decentralized finance (DeFi) and NFT scenes. Research by Recap shows that Dubai is a top crypto hub in the world, only second to London, based on the crypto-based events, companies, crypto ATMs and crypto job opportunities in the city. Cutting-edge Web3 technologies like NFTs found new uses for daily life thanks to the friendly environment in the region — from event ticketing to scientific research. The innovation spurred across the Emirates also brought life to a number of global events, with one of them being the AIBC Dubai. Deemed a pioneering blockchain and

The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers have been charged by the organization for promoting tron without disclosing that they were being compensated for their endorsements. Tron Founder Justin Sun Charged for Selling Unregistered Securities and Market Manipulation The U.S. SEC announced today a series of charges against Tron founder Justin Sun, and the Tron Foundation, declaring that the foundation offered TRX as an unregistered security, violating securities laws. Bittorrent token (BTT), which was launched after Sun took over Bittorrent Inc. in 2018, was also mentioned as being part of these offerings. In the filed complaint, the SEC states: All TRX purchasers, including those who tendered value for TRX other than cash or crypto assets, invested in a common enterprise alon

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price has experienced a significant surge in value over the past ten days, increasing by almost 30% in value in just a week. The token reached a nine-month high of $28,527 on March 20th. This unexpected trend has left many traders and investors wondering whether the price will continue to rise or if it will decrease again. Experts have weighed in on the topic, offering their insights on what could happen in the future. As the market picks up momentum from the start of the year, market experts have a reason to believe that the bear market has come to an end. Scott Melker, a trader and host of a popular podcast, sees the latest performance of bitcoin as a positive sign. According to him, Bitcoin has confirmed a new bullish trend by making its first higher high since the all-time high of $25,212. He adds that the price could still drop, but it would be a new trend and not a continuation of the previ

Web3 was a major theme at SXSW 2023, yet previous hype around NFTs and building during a bear market may be contributing factors to Web3 adoption. Giant rabbits wearing trendy outfits situated alongside cartoon characters with rainbows flowing out of their mouths lined the streets of South by Southwest (SXSW) last year. This is because two nonfungible token (NFT) projects — Doodles and Fluf World — dominated SXSW 2022.  Yet these projects were nowhere to be found at SXSW 2023, demonstrating the lack of interest in NFTs this year. This shouldn’t come as a surprise, though. With crypto prices down, coupled with declining NFT prices and trading volumes, very few projects seem to be focused on digital collectibles. Instead, SXSW 2023 was overrun by major brands and consultancy firms boasting the promise of Web3. Brands discuss Web3 strategies at SXSW 2023 Avery Akkineni, president of Vayner3 — a Web3 consultancy firm founded by Gary Vaynerchuck — told Cointelegraph that Web3 is moving b

Shiba Inu has emerged as one of the most successful meme coins out there. With head-to-head competition with Dogecoin, the Shiba Inu team has been working relentlessly on different projects for the community. Even though 2022 was not the best year for cryptocurrencies in terms of price, 2023 began with a bang. The whole cryptocurrency market has displayed double-digit gains over the last two weeks. SHIB, however, was exhibiting slower gains as opposed to other cryptocurrencies. Also read: Elon Musk’s Recent Tweet Grabbed Attention of Shytoshi and SHIB Army With the community anticipating a bullish market, here is our Shiba Inu Price Prediction for the end of March 2023. Source: Crypto News Shiba Inu price prediction for End of March 2023 Shiba Inu’s price currently stands at $0.00001074 with a 1.3% drop in value over the last 24 hours. Even though Bitcoin has exhibited a 25% gain over the last seven days, SHIB has only risen 1.2% during this period. Source: Co