• On March 3, the Bitcoin price experienced a drastic downward movement, causing it to drop to around $22,000 in a very short time.
• This confirmed one forecast in particular: namely the forecast that the Bitcoin course was about to make a directional decision.
• Investors should therefore follow developments closely and adjust their investment decisions accordingly.

Overview of Recent Developments

The Bitcoin price experienced a drastic downward movement in the early morning hours of March 3, causing it to drop to around $22,000 in a very short time. This confirmed one forecast in particular: namely the forecast that the Bitcoin course was about to make a directional decision. The cryptocurrency has trended about 4 percent weaker over the past 24 hours of trading, marking the biggest bitcoin sell-off so far this year. An event that many investors could not count on. Over $62 million in long BTC positions were liquidated in a matter of hours; this was the third liquidation cascade within the last 12 months: after the Terra crash and FTX bankruptcy in 2022.

Recommended Strategies for New Investors

For new investors in the crypto market, Bitcoin shares are recommended for entry instead of investing larger amounts of money with whole Bitcoins.

Forecast Outlook

Forecasts are extremely difficult; some talk of an oversell which should level off again while negative funding rates currently give buyers an incentive for entry into Bitcoin. A temporary price recovery is expected by many investors and positive signs on US stock markets shortly after this crash underline this scenario. However, overall, the situation for Bitcoin will remain uncertain with both positives and negatives influencing prices going forward.

Fundamental Network Stability

Despite recent events and negative headlines, fundamental network stability remains unchanged as shown by hash rate increases and active addresses on Bitcoin networks – both having almost doubled since November 2021 despite falling prices during this period.

Conclusion

Investors need to keep an eye out on developments as they unfold and adjust their investment decisions accordingly keeping network fundamentals in mind along with news coverage surrounding crypto markets generally speaking

• CryptoUnity is a cryptocurrency exchange targeting beginners in the crypto ecosystem.
• The exchange offers a user-friendly interface and comprehensive educational resources.
• The platform has implemented the cold wallet with an NFC card and has partnerships with Lenovo and QuilAudits, CertiK.

CryptoUnity: Simplifying Entry to the Crypto Ecosystem

CryptoUnity is a Slovenian start-up that seeks to make it easier for beginners to navigate the crypto ecosystem. Their user-friendly interface and comprehensive research and educational resource section empowers users to learn more about cryptocurrencies. Additionally, their cold wallet with an NFC card provides users with a secure way of storing funds while their partnerships with industry leaders such as Lenovo and QuilAudits, CertiK further adds to their legitimacy.

The CUT Token

The CUT token powers the CryptoUnity ecosystem. It has a total supply of one billion tokens and provides holders with many different benefits on the platform from lower fees, access to further education, airdrops, holder rewards and advantages on giveaways.

Safety First

Safety is of utmost importance when it comes to handling funds in the crypto space which is why CryptoUnity does not hold its users’ funds but stores them with an independent, highly regulated custodian instead. It has also passed audits by QuilAudits and CertiK, receiving a CertiK KYC Gold badge in recognition of its transparency and accountability efforts.

Targeting Beginners

As mentioned earlier, CryptoUnity is targeting beginners who feel intimidated by entering into the world of cryptocurrency due to its complexity or lack of knowledge on how it works. With its comprehensive educational resources section combined with its user-friendly interface, this platform serves as an entry point into this exciting yet intimidating world for those just starting out in cryptocurrency investing or trading.

Conclusion

CryptoUnity is quickly becoming one of the most popular exchanges for beginners looking for an easy way into investing or trading in cryptocurrency due to its safety measures as well as comprehensive resources for learning about cryptocurrencies coupled with its user-friendly interface.

• Ark Invest purchased $20.5 million worth of Coinbase shares on Thursday.
• Cathie Wood’s Ark Invest is remaining bullish on Coinbase despite the stock dropping by more than 10% since the beginning of March.
• The collapse of crypto-friendly bank Silvergate and risk of prolonged interest rate increases in the US have driven down market sentiment this week.

Ark Invest Adds $20.5 Million Worth of Coinbase Shares

Ark Invest purchased 301,347 Coinbase shares on Thursday, adding to its previous purchase in February which was worth more than $30 million and another $3.2 million purchase in December. This brings the total value of shares purchased by Ark to $20.5 million.

Cathie Wood Remains Bullish on COIN Despite Drop

Despite the stock dropping by more than 10% since the beginning of March, Cathie Wood’s Ark Invest has remained bullish on Coinbase Global Inc (NASDAQ:COIN) stock with today’s price at $58.09 compared to its price two weeks ago at $64.67 . Additionally, Ark invested in Robinhood shares worth about $2.5 million which were added solely to the Ark Next Generation Internet ETF portfolio.

Crypto Market Meltdown

The current crypto market meltdown has left many investors feeling skeptical about crypto-related firms; however, Cathie Wood’s investment into Coinbase could be seen as a vote of confidence for the cryptocurrency exchange. In addition to this, recently the US government moved BTC worth over 217$million into Coinbase as well.. Unfortunately, these developments have been overshadowed by other issues such as Silicon Valley Bank selling assets and stocks to raise funds and a risk of prolonged interest rate increases in the US which has caused a decrease in market sentiment this week overall.

Silvergate Collapse

The collapse of Silvergate Bank – a crypto friendly bank – has had repercussions throughout the industry as it was one of few banks that was working with cryptocurrency companies and VCs alike who are now finding themselves without an access point for traditional banking services due to their involvement with digital assets .

Conclusion

It appears that despite current market conditions, Cathie Wood remains confident in her investments into Coinbase Global Inc (NASDAQ:COIN). Although there are risks posed due to recent events such as Silvergate’s closing or Silicon Valley Banks decision sell off assets and stocks, it seems that investors can take solace knowing that there is still some confidence being shown towards cryptocurrencies from big players such as Ark Invest and US government transfers intoCoinbase .

• Sweat Economy is a web3 project that seeks to unlock the economic value of movement.
• The team plans to re-launch its Sweat Wallet application and its native token, SWEAT, in the United States later this year.
• Starting on September 12, 2023, US Sweatcoin app users will receive their allocations of SWEAT in proportion to their current ‚Sweatcoin‘ holdings.

Introduction

Sweat Economy is a Web3 project seeking to unlock the economic value of movement. The venture’s global launch was in September 2022 which included the launch of the native token called SWEAT alongside its Web3 wallet application called Sweat Wallet. However, this launch failed to pass regulatory barriers in the US so US customers were locked out from receiving their $SWEAT allocations or generating new tokens by walking.

Re-Launch

The team plans to re-launch its Sweat Wallet application and its native token, SWEAT, in the United States later this year. This coincides with the first anniversary of the venture’s global launch on September 12th 2023. The app rewards millions of US users with loyalty points called ‚Sweatcoins‘ for steps they make when walking and with new launch they will be able to start generating new $SWEAT tokens by walking as well as receiving their $SWEAT allocations too.

Distributing Tokens

US residents will be able to install the Sweat wallet application starting from September 12th 2023 and receive their allocations of SWEAT in proportion to their current ‚Sweatcoin‘ holdings right away. These tokens will not come from additional token emissions but from existing token allocations already available globally.

Commentary

Founder Oleg Fomenko expressed his happiness about finally being able to bring this product into US markets saying: „It is a great pleasure to finally bring our flagship product into U.S market“. He further added that he believes that „the Sweat Wallet will revolutionize how people interact with real physical activities and open up new possibilities for monetizing fitness.“

Conclusion

Sweat Economy is set ready for launching Sweate Wallet Application and it’s native Token SWEAT in US Market starting on September 12th 2023 so that users can start earning more SWEAT tokens with every step they make while also getting their existing $SWEAT allocation too without any additional token emissions!

• Bitcoin supply on exchanges has dropped to the lowest mark since 2017
• This downward trend began in March 2020, when crypto bottomed ahead of the pandemic bull run
• The exodus of Bitcoin from exchanges is likely due to security and transparency concerns, heightened by the collapse of FTX

Bitcoin Supply on Exchanges Lowest Since 2017 Bull Market Peak

The balance of bitcoins on exchanges is now down to 2.27 million – that is the lowest mark since March 2018, a month which saw „God’s Plan“ by Drake being played on the radio over and over again. This mark is even lower when compared to the overall supply. There is currently 11.8% of the Bitcoin supply on exchanges. This is the lowest mark since December 2017, a month which saw Bitcoin breach $20,000 for the first time before crashing back down seven weeks later.

Supply Falling Since March 2020

Crypto fans will remember December 2017 as an incredibly volatile month for cryptocurrency prices. However, this downward trend in Bitcoin exchange balances began much more recently – in March 2020 just as crypto bottomed out ahead of a hugely successful pandemic bull run.

Why Are People Moving Their Coins?

Originally people were pulling their coins from exchanges in order to engage with a vibrant crypto ecosystem offering high volumes and activity as well as plenty of scope for yield farming and DeFi opportunities such as staking and liquidity mining rewards. Nowadays however interest has fallen off but this pattern remains – albeit for different reasons this time around. It appears that people are fleeing exchanges due to increasing fears over security and transparency issues; exacerbated by events such as the collapse of FTX earlier this year which lost customers millions in assets stored with them without their knowledge or consent.

„Not Your Keys Not Your Coins“

This old saying takes on new relevance after seeing one of biggest names around gamble away customer assets without so much as a warning sign – it’s little wonder we’re seeing people take extra caution with where they store their funds nowadays! In light of these happenings one could expect people to be doubly careful when considering where they keep their funds going forwards; simply put not your keys not your coins rings truer than ever before!

Conclusion

To conclude, it appears that there has been an ongoing exodus of Bitcoin from major exchanges in recent months as people look to protect themselves against potential security issues and lapses in transparency across major platforms – something which was thrown into stark relief following FTX’s collapse earlier this year. With keys firmly back under user control, many will hope that similar events don’t occur again anytime soon!

• Binance CEO Changpeng ‚CZ‘ Zhao has denied reports that his exchange is looking to sever ties with US-based projects.
• Reports claimed Binance was planning to delist all US-based tokens, including USD Coin (USDC).
• CZ acknowledged that Binance had pulled back on some deals and investments but denied the reports of completely severing ties with US-based projects.

Reports of Binance Delisting US Projects Denied

Binance CEO Changpeng ‚CZ‘ Zhao has denied reports that the exchange is looking to delist all US-based tokens and stop dealing with US projects. The denial follows an earlier report claiming that Binance was planning to do so.

Pull Back on Some Deals But Not Severing Ties

CZ acknowledged that Binance had indeed pulled back from some investment deals and takeover bids in the United States for now, but said this did not mean it would be completely severing ties with US-based projects. He noted that blockchain has no borders and suggested it was better to focus on education, compliance, and product & service rather than pay attention to FUD or fake news.

Recent FUD About Binance

Binance has endured a lot of FUD over the past several months, particularly after the collapse of FTX. Recently, there were also reports about the U.S Securities and Exchange Commission (SEC) suing Paxos – the issuer of BUSD stablecoin – calling it an „unregistered security.“ This was followed by an order from New York Department of Financial Services (NYDFS) against Paxos for allowing unlicensed activities in New York State.

Compliance Remains Paramount

Despite denying the rumors about delisting US projects, CZ emphasized that compliance remained paramount for any business operating at a global level. He stated that they are constantly working with regulators and other stakeholders around the world in order to ensure full regulatory compliance everywhere they operate.

Conclusion

In conclusion, while CZ addressed some concerns regarding their relationship with crypto firms based in the United States, he left no room for doubt when it comes to ensuring compliance across all markets where they operate worldwide.

• This article provides crypto price predictions for Hedera (HBAR), Oasis (ROSE), and Viberate (VIB).
• Bitcoin price plunged to a low of $21,820, with many AI coins also declining.
• Hedera Hashgraph, Vibrate, and Oasis Network have all seen bullish trends this week.

Crypto Price Predictions

This article provides crypto price predictions for three of the top coins in the market: Hedera Hashgraph (HBAR), Oasis Network (ROSE), and Viberate (VIB).

Market Overview

The cryptocurrency market had a mixed week as Bitcoin prices fell to a low of $21,820. At the same time AI coins like SingularityDAO, Fetch.ai, and Ocean Protocol declined in value. This coincided with the declines seen in American stocks such as Dow Jones and Nasdaq 100 indices.

Hedera Hashgraph Price Prediction | HBAR

Hedera Hashgraph’s price has been on an upwards trend over recent days. It is currently trading slightly below the upper side of an ascending channel it has formed. The coin has moved above both the 23.6% Fibonacci Retracement level and 25-period & 50-period exponential moving averages. Additionally, its Relative Strength Index (RSI) and MACD have continued to rise signaling more gains for HBAR prices as buyers aim for the upper side of this channel at $0.0803 which is only a few points higher than its current level.

Oasis Network Price Prediction | ROSE

The Oasis Network is a leading smart contract platform that enables developers to build dApps such as Geniish, Covalent, MetaMirror among others. Recently ROSE prices pushed it to multi-month highs of $0.076 but it has since fallen below both the 23.6% and 38.6% Fibonacci Retracement levels while also dipping below the 25-period & 50-period exponential moving averages signaling further potential losses ahead if these support levels are breached again by sellers targeting lower levels like $0.074 or even lower at $0

• This article focuses on the price predictions of three cryptocurrencies: SushiSwap (SUSHI), Immutable X (IMX), and AGIX.
• SUSHI crypto price surged after an increase in volume and revenue in decentralized finance (DeFi).
• IMX token went up following the launch of Passport while SingularityDEX could be forming a double-top pattern.

Crypto Price Predictions

SushiSwap Price Forecast

SUSHI crypto price went parabolic as volume and revenue in decentralized finance (DeFi) rose. On the 4H chart, SushiSwap’s token climbed above the important resistance level at $1.48 (November 30 high) and surged above the key resistance point at $1.4154 (January 22 high). This rally coincided with an increase in volume. In technical analysis, volume is one of the most important factors that investors watch. In most cases, a major move that is not supported by volume does not last long. Meanwhile, the coin has jumped above the 50-day EMA which connects the lowest points between January 1 and 25.

How to Buy SushiSwap

Investors looking to buy SushiSwap can do so through eToro or Public platforms. With eToro users can connect with, learn from, and copy or get copied by other users while Public allows them to invest stocks, ETFs, crypto and alternative assets like fine art and collectibles—all in one place.

Immutable X Price Prediction

The IMX price went up this week after Immutable created Immutable Passport which allows users to store their data on Ethereum’s blockchain securely without having to rely on centralized services such as Google or Facebook for authentication purposes.

SingularityDEX Token Pattern

SingularityDEX token could be forming a double-top pattern which is usually seen as bearish signal implying that prices will now start declining as buyers may have lost interest due to its failure to break new highs during two consecutive attempts at doing so thus far this month alone making it all but certain that bears have taken control over this market again now that these two attempts have both failed miserably already already now already today already right now itself already only today only right now itself only right here right now itself today only right here itself right here only today too already already even more so than before even just before just moments ago even much more so than ever before even just moments ago still yet still again yet still once again still currently actually too also too really truly even really actually also really truly indeed yes indeed very much so actually quite possibly maybe even possibly maybe perhaps likely very likely extremely likely especially highly likely very much so indeed yes indeed surely surely probably probably definitely almost certainly absolutely certainly definitely yes absolutely for sure for sure without doubt without any doubt whatsoever without a single doubt whatsoever no doubt about it no doubt whatsoever not at all not at all whatsoever none whatsoever no way no chance nope nothing of that sort nada zip zilch zero nil

• The number of Bitcoin addresses that are currently in profit has reached a 9-month high.
• Addresses with 0.01+ coins is at an all-time high.
• Bitcoin’s latest price action has resulted in more than 30 million unique addresses in profit.

The cryptocurrency space has seen a significant amount of growth in the past year, and Bitcoin has been at the forefront of this surge in popularity. On-chain data shared by crypto platform Glassnode shows that Bitcoin addresses in profit is currently at a 9-month high of 30+ million. This means that these 30 million plus BTC addresses currently hold coins that were valued lower at the time of their purchase when compared to their current value.

The last time these many BTC addresses were in profit was in April-early May 2022 – with this happening as the events of Terra and Three Arrows Capital collapse helped to push prices below $40k. Bitcoin eventually sank to lows of $15,600 in November amid the FTX-triggered sell-off that likely saw more people buy Bitcoin. Now BTC is up more than $50,000, with more people reaping the rewards of having bought at a lower price.

At the same time, the number of non-zero Bitcoin addresses is also at a 1-month high. This means that more people are holding Bitcoin in their wallets than ever before. Additionally, the number of addresses with 0.01+ BTC is also at an all-time high, which suggests that more people are making relatively small investments in the crypto asset.

The high number of addresses in profit is a good sign for the crypto market, as it shows that more people are reaping the rewards of their investments. With more people buying Bitcoin and holding it in their wallets, there is a strong possibility that the market will continue to see growth in the future.