Quick analysis of cryptocurrency prices on March 27: The worldwide market capitalization dropped to $2.66 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, remained flat in the $70,000 level on Wednesday. The current increase is widely considered to have been fueled by the London Stock Exchange’s favorable position toward Bitcoin and Ethereum exchange-traded notes (ETNs), as well as their imminent March 28 launch date. Other popular altcoins, such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC), performed well. Memecoin dogwifhat (WIF) was the greatest gainer of the bunch, with a 24-hour increase of more over 19%. KuCoin Token (KCS) was the greatest loser, with a 24-hour drop of more than 13 percent.

At the time of writing, the worldwide cryptocurrency market capitalization was $2.66 trillion, a 0.07 percent decrease from the previous day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $70,349.99, a 0.20 percent decrease in the previous 24 hours.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $3,604.53, a 0.63 percent decrease over the previous 24 hours.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE increased by 3.32 percent in the last 24 hours and is now trading at $0.1832.

Litecoin (LTC) Price Today
Litecoin rose 6.80 percent in 24 hours. At the time of writing, it was trading at $96.80.

Ripple (XRP) Price Today
The XRP price remained at $0.6315, down 1.97 percent in 24 hours.

Solana (SOL) Price Today
Solana was trading for $189.95, down 0.87 percent in 24 hours.

Greetings, Developers and Investors of WhiteBitcoin (WBTC).

We are excited to announce the historic occasion of WhiteBitcoin’s (WBTC) sixth anniversary, which will be followed by 6 years of incredible expansion. The constant faith, confidence, and support of our investors has been vital in our achievement in reaching remarkable milestones.
We are thrilled to share a number of ground-breaking announcements for the next years as we celebrate this milestone. These announcements span the next 20 years and go beyond merely the road map.

Q1 2024: Upgrade to VIP Wallet:
Await the best BTC, WBTC, and WEB3 VIP Wallet experience! With a ton of new features, the revised version is set to launch on the anniversary of White Bitcoin (WBTC). Await the Google Play Store release with anticipation.

Launch of Web3 Wallet in Q2 2024:
The Web3 version of the VIP Wallet Mobile App & Web Based App will be released in Q2 2024, enabling customers to access and use all of the app’s and website’s capabilities. You’re in for an easy-to-use experience!

Q4 2024: Release of the Advance Blockchain App, Future and Option Contracts in BELPAY.IO Exchange & One Additional Exchange:-
Get ready for an incredible occasion! The WhiteBitcoin Development Team is starting Future & Option Contract in two Exchanges. The introduction of an Advanced Blockchain will relieve the burden on Bitcoin transactions, encourage WBTC to be moved on decentralized exchanges, and offer up limitless opportunities.

Q1 2025 – Q4 2026: Advance Blockchain-Based NFT Platform:
Start your NFT adventure! The WhiteBitcoin (WBTC) Community will have access to new experiences and opportunities when we introduce a new NFT platform on the Advanced Blockchain.

Second Mining Halving in Q2 2026:
Witness another significant event when we implement WhiteBitcoin’s (WBTC) mining halving, which will propel us forward and advance cryptocurrency to a new phase of development.

Q4 2026: Public Mining Code:
The much-anticipated public introduction of the Mining Code at the end of the year will allow more Mining Partners to continue participating.

Q1 2027: Block Matching Affiliate Program Closing & Staking Program for VIP Wallet Proceed with the Reward Halving Process till 2038:-
While we are ending the Block Matching Affiliate Program and extending the Staking Program through 2038, try the development of the VIP Wallet. Every affiliate is eligible to release hold WBTC 7% per month, and there will be exciting prizes.

Q2 2027: The Multi-Exchange Status of WhiteBitcoin (WBTC):-
WBTC will go live on several new international exchanges in Q2 2027, including Binance, Coinbase, Advance Blockchain, Polonex, Bitmex, ByBit, CEX.io, Bitcoin.com, and Blockchain.com.

Q1 2028: Development Code for Public All-Type:
Public development codes are released, allowing you to explore the future.

Third Mining Halving: Q2 2030
Proceed with the Third Mining Halving, which is strengthening WBTC’s position in the cryptocurrency space.

Fourth Mining Halving in Q2 2034:
We commemorate the Fourth Mining Halving as another significant achievement that demonstrates our commitment to sustained prosperity.

Q2 2038: Final Mining Decline:
The voyage comes to an end with the last halving, when the Advanced Blockchain will employ WBTC to settle the transaction fees of BTC, BCH, BTG, BSV, and NFT.

We are dedicated to securing White Bitcoin (WBTC) for the future by implementing Web3 metaverse technology and preparing for expansion and the release of new coins in the years to come.

Get ready, White Bitcoin (WBTC) family—with cutting-edge technology and exciting changes in the VIP Wallet, we’re embarking on an incredible journey to redefine cryptocurrency and break new ground. Get ready for an unforgettable journey!

Quick cryptocurrency price analysis for February 7: The worldwide market capitalization dropped to $1.63 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, traded around $42,000 early Wednesday. Other popular coins, like as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), experienced slight increases and losses. The Dymension (DYM) token was the largest gainer of the day, with a roughly 25% increase in 24 hours. Monero (XMR), on the other hand, suffered the greatest loss, with a 24-hour drop of more than 27 percent.

At the time of writing, the worldwide cryptocurrency market capitalization was $1.65 trillion, up 0.37 percent in 24 hours.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $42,901, representing a 0.22 percent gain over the previous 24 hours.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,361.77, a 2.07 percent increase over the previous day.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE increased by 0.21 percent in the last 24 hours and is now worth $0.07849.

Litecoin (LTC) Price Today
Litecoin gained 0.07 percent during the course of 24 hours. At the time of writing, it was trading at $67.83.

Ripple (XRP) Price Today
The XRP price was $0.5044, down 0.39 percent over the previous 24 hours.

Solana (SOL) Price Today
Solana was trading at $95.38, down 0.27 percent in 24 hours.

Major cryptocurrency tokens were trading higher on Tuesday ahead of the US Federal Reserve’s policy decision tomorrow.

Bitcoin was up 1.94% at $43,409, while Ethereum rose 1.8% to $2,305. Meanwhile, the worldwide cryptocurrency market capitalization increased by 2.3% to roughly $1.67 trillion in the last 24 hours.

Major events, such as the Fed’s interest rate decision and US January unemployment rate statistics, might have an impact on market sentiment in the following days.

If the widely anticipated rate decrease is finally announced, the bull-bear tug of war that has been going on for the past few weeks may finally see the bull emerge victorious.

Bitcoin surpassed $43,000 on optimistic enthusiasm fueled by fading grayscale selling pressure and new bullish wagers. Grayscale’s reduced BTC transfers to exchanges, together with projections for new long positions above $43,000, point to a probable surge to annual highs beyond $50,000.

Positive aspects include dropping GBTC sales, rising US stock markets, and Google’s Bitcoin ETF ad support. However, the impending Fed meeting poses a concern because good US economic data may delay rate reduction, thereby supporting the US currency and dampening crypto markets.

Other prominent altcoins increased in value during today’s exchange. Solana and Cardano gained 6.5% and 7.6%, respectively. Dogecoin, Chainlink, Polygon, and Shiba Inu all saw 2-3% gains. BNB, XRP, Internet Computer, and Avalanche are also up.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization increase to $850 billion in the last 24 hours. According to CoinMarketCap, Bitcoin presently has a dominance of 51.15%. Bitcoin volume increased by 42% in the last 24 hours, reaching $22.4 billion.

To continue its pace toward $45,000, BTC must first breach and hold $43,500. We foresee a surge higher in the coming days, with Bitcoin reaching beyond $44,000 during this rally.

Bitcoin has been on a sustained rise for the previous week, gaining more than 12% while maintaining the trend line support of $38,500. Analysts estimate that this increase is largely owing to the Fed’s expectation to continue its rate pause, which will be disclosed this week.

The Financial Intelligence Unit has issued a show cause notice to nine offshore cryptocurrency exchanges for allegedly operating unlawfully in India by failing to comply with the country’s anti-money laundering statute.

In Short

• The FIU has served notice on nine offshore cryptocurrency exchanges.
• MeitY has been advised by the FIU to block the URLs of the nine bitcoin exchanges.
• The nine cryptocurrency exchanges were shut down for failing to comply with India’s anti-money laundering legislation.

The Indian Finance Ministry’s Financial Intelligence Unit (FIU) has issued a show cause notice to nine offshore cryptocurrency exchanges and asked the Ministry of Electronics and Information Technology (MeitY) to block their URLs in India. The action was taken due to apparent noncompliance with Indian anti-money laundering legislation. According to the FIU notification, these nine cryptocurrency exchanges, which include Binance and Kucoin, have been operating unlawfully in India. Binance, Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfenex are among the nine exchanges that have received the show cause notice.

“As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued compliance Show Cause Notices to following nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act, 2002 (PMLA),” according to the show cause notice.

While Bitcoin’s scarcity and decentralised nature correspond with the story of a store of value, its metaphorical link with gold testifies to its enduring properties.

In recent years, Bitcoin has distinguished itself as the pioneer who introduced the world to decentralised digital currency. Bitcoin’s reputation and utility have substantially changed, sparking arguments regarding its genuine nature. One such debate is whether Bitcoin is primarily a store of value or a digital equivalent of gold.

Bitcoin as a Value Store

Because of its limited supply and deflationary nature, the concept of Bitcoin as a store of value gained traction. The entire quantity of Bitcoin is limited to 21 million, a feature that matches precious commodities such as gold. Because of its scarcity, proponents say that Bitcoin is a reliable store of value, akin to gold’s historical significance.

Furthermore, Bitcoin’s decentralised nature, which operates on a peer-to-peer network with no reliance on a central authority, lends to its appeal as a store of value. Individuals and institutions may turn to Bitcoin as a hedge against traditional financial risks during periods of economic uncertainty, political instability, or hyperinflation.

Bitcoin as a Metaphor for Digital Gold

The analogy of Bitcoin to gold extends beyond scarcity to its perceived intrinsic value. For ages, gold has been used as a store of wealth because of its durability, divisibility, mobility, and fungibility. Bitcoin shares these characteristics, with the added benefit of being freely transferable and divisible into smaller pieces called as Satoshis.

As investors sought alternative assets with a buffer against inflation and a store of value, the idea of Bitcoin as digital gold gained traction. Bitcoin’s fixed quantity and decentralised nature are characteristics that have historically made gold a sought-after asset during times of economic turmoil.

Take Away

When it comes to gold, every ounce ever mined survives in some form or another. While gold is not a traditional portfolio asset, its role as a store of value is indisputable. Over time, gold has demonstrated its potential to outperform inflation, a feat that few other investments have achieved. Furthermore, the scarcity of gold contributes to its intrinsic value; regardless of mining efforts, only a limited amount can be extracted.

Surprisingly, Bitcoin exhibits these qualities. All Bitcoins, created within an unbreakable database, continue to exist, mimicking gold’s unrivalled excellence. The energy-intensive and sophisticated process of creating Bitcoin naturally limits its supply, which is enforced by a strict audit trail. Despite its volatility, Bitcoin has shown positive returns over time, cementing its position as a dependable store of value. Furthermore, Bitcoin’s ease of storage and transmission provides a contemporary advantage over its conventional gold counterpart.

The future of Bitcoin as a store of wealth or digital gold is a fluid debate that reflects the ever-changing nature of the cryptocurrency ecosystem. While Bitcoin’s scarcity and decentralised nature correspond with the story of a store of value, its metaphorical link with gold testifies to its enduring properties.

Bitcoin’s role in the financial landscape is likely to expand as the cryptocurrency ecosystem navigates new obstacles and developments. Ongoing advancements, including as the Lightning Network’s scalability update, growing institutional use, and evolving regulatory developments, indicate a shifting picture. Whether it becomes a mainstream store of value or digital gold, Bitcoin’s path is unquestionably one of finance’s most compelling stories.

Bitcoin rose back above $38,000 on Wednesday, fueled by hopes that the US Federal Reserve is getting closer to decreasing borrowing prices if inflation remains low.

The largest cryptocurrency by market capitalization surged up to 3.3% to $38,264 before paring the gains. On Friday, Bitcoin reached an 18-month high of $38,422. Lower interest rates, in general, boost investors’ appetite for risky assets like digital tokens.

“As interest rates begin to fall, investors will return to risk assets in search of higher returns,” said Michael Safai, a partner at quantitative trading firm Dexterity Capital. “This, coupled with the momentum that crypto has built in recent months with ETFs and putting FTX in the rear-view mirror, has traders feeling like the conditions for a new bull run are coming together.”

The current slowing of economic activity, according to Federal Reserve Governor Christopher Waller, may imply that the central bank’s policy is tight enough. He delivered the statements as part of planned remarks for an event at the American Enterprise Institute in Washington on Tuesday.

Bitcoin has risen more than 40% since the beginning of October on expectations that the US Securities and Exchange Commission will approve the first exchange-traded fund that invests directly in the digital commodity. Bitcoin is up over 130% this year after falling 64% in 2022.

The confidence has also boosted so-called crypto equities including Coinbase Global Inc., miner Marathon Digital Holdings Inc., and ETF proxy MicroStategy Inc. This year, the shares of all three companies have increased by more than 250%.

In Monday’s session, crypto tokens were trading mixed, with a negative tilt. Bitcoin, Ethereum, Solana, Polkadot, and Tron were all down, while XRP, BNB, Cardano, Dogecoin, Polygon, and Toncoin were all up.

Meanwhile, the global cryptocurrency market cap fell 0.14% in the last 24 hours to roughly $1.32 trillion.

As of 1:10 p.m., Bitcoin was down 0.6% at $34,915 and Ethereum was trading below $1,900. XRP increased by more than 9%.

Bitcoin has been trading near the $35,000 mark. This volatility could be due to traders cashing out their Bitcoin earnings and reinvesting them in altcoins. Another possible cause is that the United States added 150,000 jobs in October, falling short of the 180,000 projected by economists and falling short of September’s 297,000 total.

Meanwhile, prominent crypto coins have surged in the recent week as a result of the US Federal Reserve’s rate halt. Bitcoin increased by roughly 2%, while Ethereum increased by 5%. XRP, Solana, and Cardano all gained more than 17%.

The crypto fear and greed index has surged 4 points from yesterday to be within the greed zone with a score of 74/100, indicating that the recent rally from last week has boosted investor sentiment. While the price momentum may appear to be short-term, market watchers are finding indicators of long-term demand fueling the cryptocurrency uptrend.

The overall volume in DeFi is currently $4.31 billion, accounting for 11.28% of the entire 24-hour activity in the crypto market. The total volume of all stablecoins is now $32.74 billion, accounting for 85.76% of the total 24-hour volume of the crypto market.

Bitcoin’s, the world’s largest cryptocurrency, market cap has dropped to $682 billion in the previous 24 hours. According to CoinMarketCap, Bitcoin now has a 51.8% market share. BTC volume increased 29% in the last 24 hours to $12.4 billion.

BTC dominance fell by more than 1.5%, signalling possible openings for cryptocurrencies to shine. The dominance of ETH has also found support, possibly indicating a resurgence.

Quick analysis of the cryptocurrency pricing on October 18: The worldwide market capitalization fell to $1.26 trillion.
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, began to fall early Friday morning. Popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) all ended up in the red. Floki Inu (FLOKI) went on to become the top gainer, gaining more over 27 percent in a 24-hour period. Bitcoin SV (BSV), on the other hand, became the biggest loss, falling more than 7% in a 24-hour period.
At the time of writing, the worldwide crypto market valuation was $1.26 trillion, a 1.33 percent drop in a 24-hour period.
Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $34,088.58 after a 2.10 percent decline in the previous 24 hours. BTC was trading at Rs 29.25 lakh on the Indian market WazirX.
Ethereum Price Today
At the time of writing, the price of ETH was $1,790.97, representing a 1.07 percent 24-hour increase. According to WazirX, the current price of Ethereum in India is Rs 1.53 lakh.
Dogecoin Price Today
DOGE down 0.26 percent in a 24-hour period, according to CoinMarketCap statistics, and is now trading at $0.07156. According to WazirX, the Dogecoin price in India was Rs 6.12.
Litecoin Price Today
DOGE down 0.26 percent in a 24-hour period, according to CoinMarketCap statistics, and is now trading at $0.07156. According to WazirX, the Dogecoin price in India was Rs 6.12.
Ripple Price Today
The price of XRP was $0.5532 after a 0.89 percent decline in 24 hours. According to WazirX, the current price of Ripple is Rs 47.87.
Solana Price Today
Solana’s price was $32.35, representing a 1.15 percent drop in a 24-hour period. According to WazirX, the SOL price in India is Rs 2,798.89.

While Ethereum was also seen in red and was slightly lower, it stayed below the $1,800 level. Bitcoin had some profit booking as it dropped more than 1% but was still able to hold around 34,000 levels.

Bitcoin and other crypto took a breather on Friday ahead of the non-event weekend. However, the pause in the digital asset market was on the cards after a sizable rally in the last few days. However, analysts see the buying interest to remain in the digital asset market in the next few days.

Bitcoin saw some profit booking as the largest crypto token declined over a per cent but somehow managed to hold about 34,000-levels. However, its largest peer, Ethereum, was also seen in red, marginally lower, and remained below $1,800-level. Majority of the altcoins were trading with cuts.

The cryptocurrency market appears to be cooling off after a seven-day rise. With a score of 70/100, the cryptocurrency fear and greed index is likewise firmly into the greed zone, indicating bullish feelings among investors in the space. Following the surge, the larger cryptocurrency market appears to be cooling off in lockstep with its reaction.

In other developments, UDPN, a system that allows blockchain, stablecoins, and CBDCs to interact like SWIFT in traditional banking, is being tested by Deutsche Bank and Standard Chartered’s SC Ventures. UDPN integrates digital identification standards, creates a bridge between blockchains, and enables regulated transactions.

With a few notable exceptions, Friday’s trading saw a decline in most popular cryptocurrency tokens. Over 3% fell in Polkadot, while 2% fell in each of Polygon, Chainlink, and Toncoin. Dogecoin had a slight increase, but Solana and BNB added around 1% each among the gainers.

The market capitalization of all cryptocurrencies worldwide was trading much lower, dropping to $1.26 trillion after sliding more than 1% on the previous day. Still, overall trade volumes fell to $46.88 billion, or around 7% less than before.