Archive for the ‘Cryptocurrency’ Category

Cryptocurrency Cosmos Hub’s Price Increased More Than 3% Within 24 hours – Benzinga

March 16, 2023 3:00 PM | 1 min read

Over the past 24 hours, Cosmos Hub's (CRYPTO: ATOM) price rose 3.2% to $12.53. This continues its positive trend over the past week where it has experienced a 17.0% gain, moving from $10.69 to its current price. As it stands right now, the coin's all-time high is $44.45.

The chart below compares the price movement and volatility for Cosmos Hub over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

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The trading volume for the coin has increased 27.0% over the past week while the overall circulating supply of the coin has increased 0.06% to over 292.59 million. The current market cap ranking for ATOM is #21 at $3.65 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Cryptocurrency Cosmos Hub's Price Increased More Than 3% Within 24 hours - Benzinga

British Bank Natwest Implements New Limits on Cryptocurrency … – Bitcoin News

On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers 329 million annually. The limit imposed on crypto exchanges is 1,000 daily ($1,215), with a 30-day limit of 5,000 ($6,077).

Amid the banking sector rout in the United States following the collapse of Silicon Valley Bank (SVB) and its subsidiary, Silicon Valley Bank U.K. Ltd., the Edinburgh-based financial institution Natwest is limiting cryptocurrency payments. Natwest, however, cites cryptocurrency scams in the United Kingdom that cost consumers 329 million ($399 million) annually as the reason for the limit. The banks notice also indicates that men over the age of 35 are most at risk of such scams.

Natwests press release, published on Tuesday, details that cryptocurrency investments are often made through legitimate exchange platforms. The British banks added that these websites let customers buy, sell or exchange cryptocurrencies for other digital currency or traditional currency. Natwest also emphasizes that, in addition to men over the age of 35, criminals are using the cost-of-living crisis to entice investors with the promise of high returns.

You should always have sole control of your cryptocurrency wallet and nobody else should have access, noted Stuart Skinner, head of Natwests fraud protection unit. If you didnt set the wallet up yourself or cant access the money then this is likely to be a scam. We have seen an increase in the number of scams using cryptocurrency exchanges and we are acting to protect our customers.

This is not the first time Natwest has limited transfers to cryptocurrency exchanges. The bank set a temporary limit in June 2021, and the following month, it specifically blocked payments to Binance, citing the heightened risk of cryptocurrency scams. Natwest has often categorized cryptocurrency assets as high risk in the past. In April 2021, just before the first limit was imposed, a Natwest risk manager said: We have no appetite for dealing with customers who transact with cryptocurrencies.

What do you think about Natwest limiting crypto payments to digital currency exchanges? Share your thoughts about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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British Bank Natwest Implements New Limits on Cryptocurrency ... - Bitcoin News

Cryptocurrency Aptos Falls More Than 5% In 24 hours – Benzinga

March 16, 2023 11:00 AM | 1 min read

Aptos's (CRYPTO:APT) price has decreased 5.73% over the past 24 hours to $12.36. This is contrary to the coins performance over the past week where it has experienced an up-trend of 9.0%, moving from $11.34 to its current price.

The chart below compares the price movement and volatility for Aptos over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

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The trading volume for the coin has increased 107.0% over the past week while the overall circulating supply of the coin has increased 1.69% to over 177.39 million. The current market cap ranking for APT is #31 at $2.20 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Cryptocurrency Aptos Falls More Than 5% In 24 hours - Benzinga

Top cryptocurrency news on March 15: Binance UK suspends deposits & withdrawals, DCG looks for new… – Moneycontrol

Bitcoin briefly soars to highest point since June, breaks $26,000 barrier

On March 14, Bitcoin experienced a surge in value, reaching $26,000, its highest value since June 2022. This surge comes amid growing optimism that the digital asset sector can weather the recent financial system turmoil in the United States. The worlds biggest crypto has witnessed a steady increase in value over the last four days, with a rise of up to 7.9 percent, reaching $26,142, before coming down to trade at $24600 levels. This is the first time that Bitcoin has traded above $26,000 since June last year. On the other hand, Ether neared the $1,800 mark before paring its gains to trade around $1,710 levels. Read full here

Binance suspends UK customer withdrawals and deposits amid regulatory pressure

Banks eager to connect with crypto firms as DCG seeks fresh partnerships

SVBs failure prompts Justice Department and SEC to launch investigations

SEC gone rogue and completely out of control, Says Andreessen Horowitz Executive

Anchorage Digital cites uncertain regulatory landscape in US for layoffs

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Top cryptocurrency news on March 15: Binance UK suspends deposits & withdrawals, DCG looks for new... - Moneycontrol

AltSignals (ASI) changes the way cryptocurrency enthusiasts … – Invezz

Throughout the blockchain space, it is more vital than ever before for cryptocurrency traders and investors to have access to all of the latest news, developments, and analytics to make well-educated decisions as to how they will diversify.

One such platform that can shift the landscape surrounding how investors and traders conduct traders by enhancing accuracy is AltSignals.

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The current AltSignals presale offers the ASI cryptocurrency at $0.012.

The AltSignals project aims to evolve the existing trading platforms. It utilizes the power of machine learning and has created a custom algorithm trained to identify patterns in market data. This means that traders globally can find value, and utility in the platform, aside from just the ASI cryptocurrency.

The current presale is 32.28 % completed, and the ASI cryptocurrency can potentially climb in value to $0.04 by the end of the presale. ASI has the potential to reach a new all-time high point throughout the year.

Experienced cryptocurrency traders and investors know that following the tech fields narrative is essential for making educated investment decisions. The current trend and narrative are around AI, and AltSignals is a platform that utilizes AIs power through its stack known as AcutalizeAi.

While there are never any guarantees with volatile cryptocurrencies, the ASI token can reach $1 by Q4 2023. Its performance is dependent on the overall success of the presale and the demand for the token in the long term.

AltSignals is one of the latest projects to make waves throughout investor circles as it is powered by leading technologies, such as artificial intelligence (AI), machine learning (ML), natural language processing (NLP), and advanced sentiment analysis.

By implementing a simple linear regression model, the AltSignals tool can predict the future prices of assets with a high level of accuracy by considering their historical performance.

Theres also the AltAlgo indicator, which aims to simplify the tracing process and make it accessible to traders with a high experience level.

The platform implements numerous advanced technologies to predict the future value of cryptocurrencies, including Artificial Intelligence, Machine Learning, Predictive Modeling, Natural Language Processing, and Sentiment Analysis.

Powering the entire AltSignals ecosystem is the ASI token. It acts as a membership token for the AltSignals AI ecosystem, where each holder of ASI tokens will gain access to all available tools.

Each holder can also access future AI-powered products, the AI Members Club, and engage in presale opportunities alongside trading tournaments. The ASI cryptocurrency will also see usage in community governance.

AltSignals will change the industry tremendously by cutting out the guesswork involved in analyzing cryptocurrencies potential growth and value.

In other words, instead of users needing to manually review all of the data and then make estimates based on their guesses, they can access trade signals and analysis through AI-powered technology.

They can get data surrounding Binance futures, Forex, And Tradingview. The platform will provide technical and fundamental analysis and can continue adapting to market conditions, even when they are bearish or bullish.

The blockchain space is consistently growing, and more investors than ever are aiming to leverage cryptocurrencies growth for financial gains. As long as there is a need to analyze cryptocurrencies, there will be a need for AltSignals, as it provides a lot of value and removes the guesswork surrounding making these estimates.

The AltSignals platform and its ASI token represent the gateway towards the trading industry, as they enable investors and traders access to AI-drive tools that will allow them to make well-educated decisions.

Once the team behind the project fully utilizes their regression model, they will move towards predictive modeling, combined with the progress made in natural language processing.

With the increased popularity of AI tools and the dominance they are showcasing in just about every industry, AltSignals and the ASI token can likely make solid long-term investment options.

AI-powered trading algorithms have been a dream in the minds of many investors, and this dream is becoming a reality.

The AltSignals platform represents not just a single tool but an ecosystem of tools that can provide signals and indicators about the future of any cryptocurrency. This means that there is a lot of value behind the underlying project, and as it evolves, and grows, it can become far more accurate, and demand for it can grow.

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AltSignals (ASI) changes the way cryptocurrency enthusiasts ... - Invezz