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QCP Capital: Bitcoin (BTC) Profits Moving to Large Cap Altcoins Like SOL, BNB, AVAX
CoinGape (RSS)

Bitcoin (BTC) continues to inch upward while hitting its new all-time high above $73,000 and holding firmly above those levels. However, top Bitcoin holders and whales continue to take profits in this market with capital rotation taking place into large-cap altcoins like Solana (SOL), BNB Coin, Avalanche (AVAX) etc, which have clocked double-digit gains in the last 24 hours.

Bitcoin (BTC) Funding Rate On Decline
Singapore-based cryptocurrency firm QCP Capital provides insights into the current state of the Bitcoin market, as the price of BTC stalls near its recent highs while funding and front-end forwards experience significant declines.

Key observations from QCP Capital’s analysis include a notable decrease in perpetual funding rates, returning to low levels, and March/April futures trading below 30%, with Binance forwards registering lower...

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Bitcoin ETF: BlackRock & Fidelity Saw Inflows Of $870M
CoinGape (RSS)

The U.S. Bitcoin ETF market witnessed a significant surge in inflows, with BlackRock’s IBIT and Fidelity’s FBTC leading the charge, attracting a combined total of nearly $870 million on March 13, 2024. Notably, amidst this influx, the broader U.S. Bitcoin ETF saw a substantial inflow of about $700 million, reflecting strong interest from the institutional players.

It’s worth noting that several market pundits have attributed the recent strong inflow into U.S. Spot Bitcoin ETF to the recent rally in Bitcoin price.

BlackRock & Fidelity Bitcoin ETF Dominate Inflows
The U.S. Spot Bitcoin ETF recorded an inflow of $684.7 million on Wednesday, March 13, according to Farside Investors’ report. Notably, the continuing robust inflow this week, especially amid Bitcoin’s unprecedented rally, suggests the strong interest of the Wall Street players toward the flagship crypto.

Mean...

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Beware of Bitcoin's 'Rising Wedge,' Chart Analyst Says
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

"Normally rising wedges resolve bearish," crypto analyst and trader Josh Olszewicz told CoinDesk.
Australian Court Dismisses Lawsuit by Market Regulator Against Finder in 'Landmark' Ruling for Crypto Industry
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

An Australian Federal Court handed the Australian cryptocurrency industry a major victory in a landmark judgement on Thursday.
Developers Upload Script of Jerry Seinfeld’s ‘Bee Movie’ on Ethereum as Gas Fees Plunge After Dencun
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Copying and pasting the Bee Movie script is a niche internet meme that originated on Tumblr and quickly spread to Reddit, YouTube, Facebook, and other social media platforms.
Litecoin Price Prediction: Analysts Predict LTC Will Be Replaced by New DeFi Projects
Cryptopolitan (RSS)

Litecoin, a long-standing player in the crypto market, is facing speculation about its future amidst the emergence of newer, technologically advanced entrants. Talks lately suggest that Litecoin might get left behind as newer projects step up with more than just value storage.

Let’s explore where Litecoin stands now and how emerging entrant is making waves in the crypto world.

Will the LTC Price Dip Lower?

Litecoin, once a stalwart in the crypto world, is now facing scrutiny as analysts predict a less-than-rosy future. With a projected decrease of -10.44% and a market feeling primarily bearish, Litecoin’s future seems uncertain.

Over the past nine years, Litecoin has maintained a prominent position, often ranked among the top 30 cryptocurrencies by market cap. However, whispers of its decline have grown louder in recent times.

Currently valued at ...

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Court backs Australian fintech firm Finder’s financial compliance
Cryptopolitan (RSS)

Australian Federal Court has dismissed a lawsuit brought by the Australian Securities and Investments Commission (ASIC) against Finder Wallet, a subsidiary of the prominent Australian fintech firm Finder.com. 

The court found that Finder’s yield-bearing product, Finder Earn, was compliant with financial laws, thereby rejecting ASIC’s claims of regulatory non-compliance.

Court upholds Finder’s compliance

ASIC had alleged that Finder Earn constituted an unlicensed financial product and insisted that Finder Wallet should hold a financial services license. However, Justice Brigitte Markovic, presiding over the case, ruled in favor of Finder, asserting that ASIC failed to establish Finder Earn as a debenture under the ...

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Gold guru Peter Schiff’s Bitcoin u-turn: From critic to regretful observer
Cryptopolitan (RSS)

Renowned gold proponent Peter Schiff, known for his vocal criticisms of Bitcoin, has recently admitted to regretting not investing in the cryptocurrency when it was in its infancy. Schiff, who once labeled Bitcoin as a “pure ponzi,” now acknowledges that he missed out on a potentially lucrative opportunity.

Schiff’s Bitcoin regrets missed opportunity and continued skepticism

In a recent interview on Impact Theory with Real Vision co-founder and CEO Raoul Pal, Schiff disclosed that he had the chance to invest in Bitcoin back in 2010 when it was valued at a mere $1. However, he opted against it, deeming the potential investment as “ridiculous.”
Top 5 Crypto Picks For Potential 300% Gains
Cryptopolitan (RSS)

The bullish sentiment surrounding the cryptocurrency market indicates promising opportunities for specific altcoins. These digital assets are projected to experience a remarkable ascent, potentially exceeding a 300% increase in value. 

This optimistic forecast hinges on the current market dynamics, suggesting a substantial upside for investors focused on these selections. As the crypto landscape evolves, among these are Dogecoin, NEAR Protocol, Hedera, Oasis Network, and THORChain assets, which stand out for their robust potential and reflect the vibrant momentum within the sector. Such an uptrend underscores the transformative prospects of investing in these cryptocurrencies, highlighting their capability to redefine financial boundaries.

Dogecoin (DOGE)

Dogecoin (DOG...

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New York Stock Exchange (NYSE) proposes listing for 7RCC’s environmentally-conscious Bitcoin ETF
Cryptopolitan (RSS)

Crypto firm 7RCC has taken significant strides toward introducing an environmentally-conscious spot Bitcoin ETF in the United States. The New York Stock Exchange (NYSE) has notified the Securities and Exchange Commission (SEC) of its proposal to list and trade shares of the 7RCC spot Bitcoin and Carbon Credit Futures ETF.

NYSE advances 7RCC’s eco Bitcoin ETF proposal

NYSE has submitted a 19b-4 form, a crucial filing required for the listing and trading of shares of 7RCC’s ETF. This development marks a substantial step forward in 7RCC’s endeavor to offer another option for Bitcoin ETF investors in the US market.

7RCC initiated the process by filing an S-1 application ...

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Harnessing AI to Supercharge Sales Efficiency
Cryptopolitan (RSS)

In today’s hypercompetitive business landscape, leveraging artificial intelligence (AI) has become a cornerstone for companies seeking to elevate their sales performance. Guillaume Roux-Romestaing, a key figure in the go-to-market team of 1x, a pioneering startup specializing in autonomous digital workers, shares invaluable insights into maximizing AI’s potential to bolster sales operations.

Streamlining the sales workflow

Automation is at the forefront of optimizing sales functions. Particularly crucial during the nascent stages of a company, automation tools alleviate the burden of repetitive tasks, freeing up valuable time for sales teams. Platforms such as Zapier facilitate seamless integration among diverse tools, enabling the automation of fundamental tasks like lead sourcing and prospect outreach. By enhancing operational efficiency before integrating AI solutions, companies lay a solid foundation for sustained ...

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The Challenges Hindering Advancements in Self-Driving Technology
Cryptopolitan (RSS)

The pursuit of fully autonomous vehicles has long been heralded as the next frontier in transportation innovation. However, despite significant investments and technological advancements, the realization of this vision remains elusive. A recent report sheds light on the underlying challenges impeding the progress of self-driving technology.

The limitations of artificial intelligence

One of the primary obstacles hindering the advancement of self-driving technology is the inherent limitations of artificial intelligence (AI). While computers excel at data collection and processing, they struggle with sound reasoning and judgment—a critical component for navigating complex real-world scenarios.

Engineers grapple with the formidable task of programming machines to make sound decisions, especially in situations where variables are numerous and unpredictable. The inability of AI to emulate human intuition ...

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National Assembly Passes Bill to Establish Artificial Intelligence (AI) Institute in Benue State
Cryptopolitan (RSS)

In a significant move towards enhancing Nigeria’s technological landscape, the National Assembly has passed a bill seeking to establish the Federal Artificial Intelligence Institute in Aliade, Benue State. Championed by Dr. Austin Asema Achado, the bill aims to address the pressing need for structured knowledge in artificial intelligence (AI) technology within the country.

Background

The bill, which seeks to amend the Federal Polytechnics (Establishment) Act Cap F17 Laws of the Federation of Nigeria, 2009, garnered support during its second reading at the Green Chambers on Wednesday. Dr. Achado, the National Assembly Member representing Gwer/Gwer-West, emphasized the critical role of AI in fostering sustainable socio-economic development and tackling the issue of unemployment, particularly among Nigerian youths.

The proposed Artificial Intelligence Institute in Aliade...

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Shiba Inu Coin: SHIB Burn Meteoric Rise Signals Imminent Rally to $0.00004
CoinGape (RSS)

In a riveting turn of events witnessed within Shiba Inu’s ecosystem today, a noteworthy rise in the meme coin’s burn rate appears to be nabbing significant attention globally. As per insights revealed by the meme coin’s burn tracker Shibburn, a nearly 400%  burn upswing recorded today fueled immense curiosity among crypto market traders and investors for Shiba Inu’s price action ahead.

Meanwhile, marking a storm of breakthroughs with a roughly 250% surge over the past month, the Shiba Inu coin’s continued burning further births market optimism orbiting SHIB’s cryptographic venture. A plethora of newly introduced features, including the recent SHEboshi launch, .SHIB name service and partnership with ...

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Elon Musk Eyes To Open Dogecoin (DOGE) Payments For Tesla Cars
CoinGape (RSS)

Elon Musk, the world’s richest man and Tesla’s CEO, sent shockwaves through the crypto industry with a stunning announcement regarding Dogecoin (DOGE). Musk noted that he is exploring the possibility of adding DOGE as a payment method to purchase Tesla cars.

Elon Musk To Introduce Dogecoin Payments For Tesla
Elon Musk recently visited the German Tesla factory near Berlin due to a suspected arson attack and mentioned Dogecoin during his speech on the stage. He underscored the significance of launching DOGE as a payment method for Tesla and noted that it will be possible at some point. Moreover, he expressed optimism on the meme coin’s future and ecstatically remarked, “Dogecoin to the moon.”

If the announcement becomes true, it would mark a massive milestone for the DOGE crypto, which is currently vulnerable due to i...

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