Mask Network


                    
                    Most altcoins posted a below-par performance in March, but XRP, XLM, CFX, XDC and MASK defied the trend by posting double-digit gains.
                    Bitcoin’s dominance over the crypto market, which represents its share of market capitalization relative to the total cryptocurrency market capitalization, rose steeply from around 44% to highs of 48% in March. While Bitcoin’s price increased by 22.7% during the month, most altcoins yielded subpar or negative returns. However, there were some outliers which showed a second month of positive momentum. Take for example, XRP, which saw steady positive momentum as investors expect a positive outcome in its U.S. court case against the SEC. Tokens with highest 30-day returns in the top 100 by market capitalization. Source: CoinMarketCapConflux NetworkConflux Network continued its positive run from February, nearly doubling its price in March. The project’s team continued to strengthen its partnerships in China by adding XCMD, the world’s third-largest construction machinery manufacturer and Zen Spark Technology.The Conflux team also supports the development of permissionless applications. It has established a grants program to promote its ecosystem development.The CFX token tested the support between $0.10 and $0.20 and continued its positive run to reach a new yearly high of $0.46. The market structure of the token with higher highs and higher lows looks bullish, with a potential target of $0.80. It represents the breakdown level from the 2021 bull run. CFX/USD price chart. Source: CoinGeckoXRP Ripple's chances of winning the court case against the Securities Exchange Commission (SEC) improved on March 21 after the presiding judge, Analisa Torres, decided to exclude an expert's opinion explaining how XRP could be a security.On March 27, another U.S. regulatory move was a blessing in disguise for XRP holders. The Commodity Futures Trading Commission (CFTC) in the U.S. charged Binance with improper compliance procedures and market manipulation.The regulatory body classified Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) as commodities in the filing. Some believe that this classification will extend to XRP as well. Thus, effectively refuting the SEC's claim of XRP being a security. The market's expectation of Ripple winning the case against the SEC pushed XRP's price to new yearly highs.If Ripple goes on to win the case against SEC, the bullish momentum in XRP will likely continue in the medium to long term.XRP is currently facing resistance from the peak levels of 2022, around $0.53. A successful breakout above this level could launch the price toward previous support and resistance levels around $0.65 and $0.90.Notably, the Relative Strength Indicator (RSI), which measures the momentum of price moves relative to volume, shows that XRP has reached overbought levels. It raises the possibility of a correction toward the $0.45 level.XRP/USD daily price chart. Source: TradingViewStellar Stellar's XLM token benefited primarily due to its strong positive correlation with XRP. The correlation coefficient between XLM and XRP price movement usually stays above 0.7.Behind the scenes, the Stellar Organization is making efforts to increase the adoption of Stellar Network for remittances across third-world countries like Africa. Stellar is also working with international payments provider Money Gram to integrate the Stellar Network into facilitating global payments.Technically, the XLM/USD pair has broken out above the resistance level of $0.10. If buyers consolidate above this level, the pair can target upside to $0.15 and $0.24. On the flip side, if the bullish breakout fails to materialize, XLM can fall back toward support at $0.08. XLM/USD daily price chart. Source: TradingViewXDC Network (XDC)XDC network combines a permissioned and public chain that addresses scalability and security. The XDC token is the fuel of the network used to pay network fees and deploy applications. The network supports EVM-compatible smart contracts, protocols, and atomic cross-chain token transfers. It also fully complies with the ISO-20022 message standard, an internationally accepted standard for electronic data interchange between financial institutions.The top public blockchains in the XDC ecosystem include Ecoin, Stasis Euro, and Gobiance Exchange. These are relatively lesser-known projects trading on second-tier exchanges like HitBit and BitMart. It paints a dull picture of the project’s ecosystem development with permissionless blockchains. On the enterprise side, the project has established decent partnerships with brands like Travala and Guarda Visa cards. The factors promoting the recent price increase include the introduction of a DAO and the active role played by the management firm, XinFin, responsible for the development and managing the blockchain. XinFin recently decided to decentralize the governance of the blockchain by forming a DAO. After deployment in May 2023, the community will get to decide on the distribution of ecosystem funds to promote development. A Web3 meetup in Dubai hosted by XDC Network with over 60 developers worldwide also promoted the blockchain's ecosystem growth. The technical setup of the XDC/USD pair shows that it is at the edge of a bullish breakout. If buyers stage a breakout above the $0.045 level, the pair can likely shoot toward targets 0.064 and beyond. In case of a downside, the support level of $0.02 will be crucial for buyers.The Klinger Oscillator, a momentum indicator, paints a similar picture with a reading at zero. Positive buying action from the current levels will move the indicator into positive territory, usually a bullish sign.XDC/USD daily weekly price chart with Klinger Oscillator. Source: TradingViewRelated: Top 5 crypto winners (and losers) of 2022Mask Network (MASK)The Mask Network bridges Web2 and Web3, enabling cryptocurrency transactions directly through Web2 websites.More than 40,000 users have installed the Mask Network Chrome extension. The browser extension currently supports several decentralized applications (dApps), including Uniswap and SushiSwap, and is compatible with many social media platforms, including Twitter and Facebook.The network's Facebook integration has met with some complaints. After Elon Musk's acquisition, it mainly benefits from its Twitter integrations and the hype around cryptocurrency integrations on the social media platform. This adds considerable speculation in the token's price as the nature of Twitter's adoption is still unknown.On March 9, the token obtained a listing on the BTSE exchange, improving the liquidity and volume of the token. The project was one of the recipients of the ARB airdrop, receiving 257,540 ARB tokens.The MASK token is the governance token for the project, which is discouraging as it does not accrue yield from the network's usage. However, over 76% of the token's supply is already in circulation; it has a relatively low inflation rate.MASK/USD daily price chart. Source: TradingViewThe MASK/USD pair broke above 2022 highs of $6.10, a positive sign for technical buyers. The RSI indicator is in bullish territory and has cooled off from the overbought region, providing room for more upside.The views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



XRP, XLM, CFX, XDC and MASK rank among the top 5 altcoin gainers in March

LunarCrush, the social intelligence platform for cryptocurrencies, has released its list of top trending coins for the day. The list published on the platform’s Twitter account includes MASK, XRP, CFX, XLM, CAS, and ADA. Mask Network (MASK) MASK, the native cryptocurrency for Mask Network, traded at $6.899 at the time of writing, according to data […]
The post Here Are The Top Trending Cryptocurrencies on LunarCrush appeared first on Coin Edition.

Here Are The Top Trending Cryptocurrencies on LunarCrush

A well-known crypto trader took to Twitter earlier this week to share his opinion about some of the altcoins he is considering trading. According to the post, the trader believes there is rather slim pickings when it comes to most of the Binance altcoins, but believes that JOE, Mask Network (MASK), and Litecoin (LTC) are […]
The post Crypto Trader Believes MASK’s Price Could Reach $8.7 Very Soon appeared first on Coin Edition.

Crypto Trader Believes MASK’s Price Could Reach $8.7 Very Soon

Mask Network (MASK) price prediction ranges from $5.648 to $13.684. Analysis suggests that the MASK price might reach above $15 soon. The MASK bearish market price prediction for 2023 is $3.2. Apart from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and gain experience […]
The post Mask Network Price Prediction 2023-2030: Will MASK Price Hit $15 Soon? appeared first on Coin Edition.

Mask Network Price Prediction 2023-2030: Will MASK Price Hit $15 Soon?

The post How TMS Network’s (TMSN) Investors Are Making Millions? Even Mask Network (MASK) Holders Want To Jump Ship appeared first on Coinpedia Fintech News
Since the beginning of 2023, several cryptocurrencies have moved upward on the price chart. Mask Network (MASK) and TMS Network (TMSN) are two such projects. However, Mask Network’s (MASK) growth has been way below TMS Network’s (TMSN) rise. While Mask Network (MASK) has risen by 54% in the last month, TMS Network (TMSN) presale has …

How TMS Network’s (TMSN) Investors Are Making Millions? Even Mask Network (MASK) Holders Want To Jump Ship


                    
                    Coinbase’s Wells notice hints at enforcement action on the horizon, Terraform Labs CEO Do Kwon arrested in Montenegro and FTX seeks to sell $95 million in Mysten Labs stocks.
                    Top Stories This WeekCoinbase could face SEC enforcement action for ‘potential violations of securities law’Crypto exchange Coinbase received a Wells notice from the United States Securities and Exchange Commission (SEC) suggesting an upcoming enforcement action. According to Coinbase, the legal threat could potentially target its staking program, listed digital assets, wallet or Coinbase Prime services. The exchanges chief legal officer, Paul Grewal, said the warning comes after Coinbase provided multiple proposals to the SEC about registration over the course of months, all of which the SEC ultimately refused to respond to. Coinbase CEO Brian Armstrong renewed calls for crypto users to elect pro-crypto candidates after the development.FTX debtors agree to $95M sale of stake in Mysten LabsAs bankruptcy proceedings for FTX move forward, debtors of the defunct crypto exchange have approved an agreement seeking to sell $95 million worth of its preferred stock in Mysten Labs, the company behind the Sui blockchain. Court approval is still pending, as is the potential for other bids on the stocks. In a related headline, FTX is seeking to recover $460 million of allegedly misappropriated customer funds from venture capital firm Modulo Capital, which received a sizeable investment from Alameda Research last year. The investment was reportedly directed by Sam Bankman-Fried, who faces multiple counts in federal court related to alleged fraud during his time as CEO.       Read also                                                                              Features                            ‘Deflation’ is a dumb way to approach tokenomics… and other sacred cows                                                                                                                    Features                            Exoduses and Ex-Communications: Blowing Off Steemit with Andrew Levine                                            Do Kwon faces fraud charges from US prosecutors hours after arrestJust hours after being arrested in Montenegro, Terraform Labs CEO Do Kwon was charged with eight separate counts by United States prosecutors in New York, including commodities fraud, securities fraud, wire fraud, and conspiracy to defraud and engage in market manipulation. According to reports, Kwon is also facing criminal charges in Montenegro for allegedly forging travel documents. Prosecutors in South Korea issued an arrest warrant for Kwon in September last year, followed by a red notice listing from Interpol weeks later. The charges laid against him are in relation to his alleged role in the collapse of the $40 billion Terra Luna Classic token and TerraClassicUSD stablecoin in May 2022.Mastercard to settle transactions for stablecoin wallet in APACMastercard is launching a stablecoin digital wallet integration to allow retail customers in the Asia-Pacific region to spend U.S. dollar-pegged stablecoins anywhere Mastercard is accepted. The international payment company plans to convert the USDC stablecoin into fiat and settle on its network by partnering with Australian stablecoin platform Stables. The service will be initially available for users based in Australia before expanding to Europe, the United States, the United Kingdom and most of the Asia-Pacific.Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judgeThe judge overseeing the bankruptcy case for crypto lending firm Celsius Network has approved a settlement plan that allows custody account holders to get back 72.5% of their crypto assets. Holders will have 30 days to review the terms. If they opt in, the assets will be returned in two distributions  36.25% up front and 36.25% upon plan resolution (or at end of year). The defunct platform announced in February that NovaWulf Digital Management would act as a sponsor for its restructuring plan, claiming that more than 85% of Celsius customers would recover roughly 70% of their crypto..Winners and LosersAt the end of the week, Bitcoin (BTC) is at $27,157, Ether (ETH) at $1,734 and XRP at $0.41. The total market cap is at $1.15 trillion, according to CoinMarketCap.Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are Mask Network (MASK) at 24.22%, Flare (FLR) at 22.23% and XRP (XRP) at 11.89%.The top three altcoin losers of the week are Arbitrum (ARB) at -89.76%, Immutable (IMX) at -25.82% and Toncoin (TON) at -15.12%.For more info on crypto prices, make sure to read Cointelegraphs market analysis.      Read also                                                                              Features                            The Lizard People Invented Bitcoin: Crypto is a Hotbed for Conspiracy Theories                                                                                                                    Features                            Crypto winter can take a toll on hodlers mental health                                            Most Memorable QuotationsWhat is happening in these months is just demonstrating that the Bitcoiners and Bitcoin maxis were right all along.Paolo Ardoino, chief technology officer of TetherIts not crypto versus Goldman Sachs or crypto versus institutions. Its a race to who can do crypto better.Oliver Linch, CEO of BittrexStablecoins will play a pivotal role in the new financial system and will be core to bridging the worlds of traditional and decentralized finance.Daniel Li, chief operating officer of StablesWhat the central bank digital currency is all about is surveilling Americans and controlling behavior of Americans.Ron DeSantis, governor of the U.S. state of FloridaBitcoin was designed in reaction to Lehman Brothers in the 2008 crisis. It was designed because you can’t trust central authorities.”Pascal Gauthier, CEO of LedgerWe are in serious risk of seeing an entire strategic technology arena slip away from US leadership.Jeremy Allaire, CEO of CirclePrediction of the Week Bitcoin likely to outperform all crypto assets following banking crisis, analyst explainsThe banking crisis could be the spark that will kick off the next crypto bull run, in which Bitcoin is likely to outperform all other cryptos, according to Mike McGlone, senior commodity strategist at Bloomberg Intelligence.According to McGlone, the United States Federal Reserve’s unwillingness to ease monetary policy despite the banking crisis is driving the U.S. economy into a recession. This macro environment will ultimately favor Bitcoin, which is going to outperform all other cryptocurrencies. The more the Bitcoin can sustain above $25,000, then the more the S&P 500 potentially pressures below 4,000, you’re going to have an indication that Bitcoin is going to take off, McGlone pointed out. I think Bitcoin will outperform virtually all cryptos, including Ethereum, he concluded.FUD of the Week US Senator Ted Cruz tries again with new bill to block CBDCU.S. Senator Ted Cruz has introduced a bill to block the Federal Reserve from launching a direct-to-consumer central bank digital currency as it could be used as a financial surveillance tool by the federal government. According to Cruz, the federal government has no authority to unilaterally establish the digital dollar. A similar bill was introduced by Cruz with other senators on March 30, 2022, seeking to prohibit the Fed from issuing a CBDC directly to individuals. Nearly 12 months later, the bill still hasnt moved past the introduction phase.Hindenburg Research reports Block short position, claiming fraud facilitation and inflated metricsA report following a two-year investigation from Hindenburg Research claims digital payments company Block has systematically taken advantage of its users, alleging the firm inflated its user metrics and facilitated fraud. According to the report, Blocks practices allowed users to set up fraudulent accounts, catering to many criminals who used the platform to steal funds. Block labeled the report factually inaccurate and misleading, declaring it intends to take legal action against the research firm.European banks head into another weekend of uncertainty as default risks surgeEuropean banks faced another weekend of renewed fears surrounding their future, as shares of Deutsche Bank plunged on the New York Stock Exchange on March 24, after a down day on Frankfurt’s markets. Shares of the German bank were impacted by an increase in the cost of insuring against its potential default risk, with its five-year credit default swaps climbing during the week and closing at 222 basis points on Friday. Fears about European banks are not limited to Deutsche Bank. European shares of Commerzbank, Socit Gnrale, and UBS also fell in European trading.Best Cointelegraph FeaturesBest and worst countries for crypto taxes  plus crypto tax tipsResident tax expert Elias Ahonen looks at the best and worst countries in the world for crypto taxes. Where do the U.S. and U.K. rank?Creating organic generative art from robotic algorithms: Emily Xie, NFT CreatorWhen creating generative art, the world just disappears for this Harvard graduate living in New York.US enforcement agencies are turning up the heat on crypto-related crimeRecent high-profile indictments by the Department of Justice and collaborative agencies suggest that the federal government intends to aggressively go after alleged crypto criminals in the United States and abroad.    Subscribe    The most engaging reads in blockchain. Delivered once a        week.         Email addressSUBSCRIBE    

SEC targets Coinbase, Do Kwon arrested and FTX sells $95M in Mysten Labs: Hodler’s Digest, March 19-25

Orbeon Protocol (ORBN) has a legendary reputation as a worthy crypto project, thanks to its consistent appreciation during the presale. Experts have predicted that ORBN will appreciate astronomically in the coming weeks and will probably record up to 6,000% appreciation. They believe that the token has what it takes to outshine Conflux (CFX), Mask Network […]

Orbeon Protocol (ORBN) May Outshine Conflux (CFX) and Mask Network (MASK) In The Long Term

Mask Network's native token, MASK, continues to retain an uptrend, recently posting sharp gains

Mask Network surging, MASK rallies 114% in 7 days

An Ethereum (ETH)-based privacy-centric altcoin project is getting a boost from crypto whales making massive under-the-radar transactions, on-chain data shows. According to blockchain tracking firm Lookonchain, crypto whales have been driving up the price of MASK token, helping it achieve its parabolic rallies over the past week. Mask Network is a project that allows social […]
The post Whales Quietly Boosting Ethereum Altcoin That Exploded 114% This Week: On-Chain Data appeared first on The Daily Hodl.

Whales Quietly Boosting Ethereum Altcoin That Exploded 114% This Week: On-Chain Data


                    
                    Sam Bankman-Fried seeks to use FTX’s corporate insurance, Bitcoin outperforming Wall Street banks in 2023 and USDC repegs after turbulent days.
                    Top Stories This WeekSam Bankman-Fried petitions court to prioritize reimbursing his legal feesSam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance policies to cover his legal expenses, according to a court filing on March 15. As per the filing, the policies provide priority of payment to insured individuals such as Bankman-Fried. The move would put the former CEO on top of the FTX payout list. Another headline shows that Bankman-Fried’s inner circle received $3.2 billion in payments and loans from FTX-linked entities. The amounts exclude over $240 million used for the purchases of luxury properties in the Bahamas, political and charity donations, as well as substantial transfers to non-FTX subsidiaries. In another headline, FTX debtors reported $11.6 billion in claims and $4.8 billion in assets, meaning theres a $6.8 billion hole in the exchange’s balance sheet.Signature Bank closed by New York regulators for not providing dataCrypto-friendly Signature Bank was officially closed down and taken over by the New York Department of Financial Services on March 12 for failing to provide consistent and reliable data. The bank has been investigated by two United States government bodies over whether it took adequate measures to monitor and detect potential money laundering by its clients. Former member of the U.S. House of Representatives Barney Frank suggested that New York regulators closed Signature as part of a seeming show of force against the crypto market.       Read also                                                                              Features                            Gen Z and the NFT: Redefining Ownership for Digital Natives                                                                                                                    Features                            Crypto Indexers Scramble to Win Over Hesitant Investors                                            USDC bounces back toward $1 peg after Fed announcementCircles stablecoin, USD Coin (USDC), climbed back to its $1 peg following positive developments concerning Circle’s $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners: redemptions of USDC will now be processed by Cross River Bank and BNY Mellon. The stablecoin depegged from the U.S. dollar on March 10 following SVB’s sudden collapse, triggering the depeg of many other stablecoins. The stablecoins depegging prompted a growth in loan repayments over the weekend, allowing debtors to save more than $100 million on loans.US Fed announces $25B in funding to backstop banksUnited States federal regulators announced decisive actions that would fully protect depositors at both Silicon Valley Bank and the now-shuttered Signature Bank, including $25 billion worth of funding aimed at backstopping banks and other depository firms. The Federal Reserve is investigating the failure of Silicon Valley Bank  including an internal probe as to how the Fed supervised and regulated the financial institution. Amid the sudden collapse, SVB’s U.K. arm was acquired by HSBC for 1 British pound ($1.21), with loans of 5.5 billion pounds ($6.7 billion) and deposits of 6.7 billion pounds ($8.1 billion).Bitcoin market cap flips tech giant Meta, widens gap on VisaDespite a turbulent week for crypto following the downfall of Silicon Valley Bank and Signature Bank, Bitcoins market cap has managed to flip that of tech giant Meta. On March 14, Bitcoins market cap reached $471.86 billion, surpassing Metas $469 billion, according to data from Companies Market Cap. The leading cryptocurrency climbed to the 11th spot among top assets by market cap, sitting behind electric vehicle maker Tesla. The market capitalization of Bitcoin has added over $190 billion in 2023, outperforming top Wall Street bank stocks, particularly as fears of a global banking crisis are rising.Winners and LosersAt the end of the week, Bitcoin (BTC) is at $27,571, Ether (ETH) at $1,823 and XRP at $0.38. The total market cap is at $1.18 trillion, according to CoinMarketCap.Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are Conflux (CFX) at 186.02%, Mask Network (MASK) at 120.56% and Stacks (STX) at 102.97%.The top three altcoin losers of the week are UNUS SED LEO (LEO) at -2.22%, Tether (USDT) at -0.35% and Binance USD (BUSD) at -0.16%. For more info on crypto prices, make sure to read Cointelegraphs market analysis.      Read also                                                                              Features                            Reformed altcoin slayer Eric Wall on shitposting and scaling Ethereum                                                                                                                    Features                            Crypto winter can take a toll on hodlers mental health                                            Most Memorable QuotationsThe recent shutdowns of financial institutions may be the opportunity for crypto to reach mass adoption.Johnny Lyu, CEO of KuCoinWe believe that elements of the future of finance will be blockchain enabled and were already witnessing rapid change in the tokenisation market.Drew Bradford, executive general manager, markets at the National Australia BankMajor adoption by mainstream businesses and their consumers is right around the corner thanks to recent developments in scaling and privacy technology.Mark Smargon, CEO of Fuse NetworkDrop the blockchain/NFT/play-to-earn (P2E)/metaverse/Web3 talk. […] They [players] just want to have an entertaining playing experience  not a science lesson.Peter Bergstrom, former producer of Age of Empires and CEO of BitBlock VenturesWe are going to have a credit crunch in the U.S. and globally. […] You want to be long gold and silver […] and you want to be long Bitcoin.Michael Novogratz, founder and CEO of Galaxy DigitalI believe regulators are using crypto as a scapegoat for their own lapses in oversight of traditional banking.Cathie Wood, CEO of ARK InvestPrediction of the Week Bitcoin price hits $27K in new 9-month high as Fed injects $300BBitcoin hit new nine-month highs on March 17 as the latest events in the U.S. banking crisis boosted crypto markets. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $27,025 on Bitstamp before consolidating. A catalyst for fresh upside had come overnight in the form of the Federal Reserves balance sheet data, which showed almost $300 billion being injected into the economy as part of the banking crisis response.Cointelegraph contributor Michal van de Poppe, founder and CEO of trading firm Eight, eyed specific levels up and down.Chopperino land on Bitcoin, which means that well probably have some sideways structures, he wrote on Twitter. Needs to hold $26K. If that holds, $2830K is next. If it loses $26K, Im punting around $25K for some longs. Relatively easy to understand.FUD of the Week Euler Finance hacked for over $195M in a flash loan attackLending protocol Eurler Finance faced a flash loan attack on March 13. The exploiter carried out multiple transactions, stealing nearly $196 million in stablecoins DAI and USDC, as well as staked Ether and wrapped Bitcoin. The attack was dubbed the largest hack of 2023 so far. A portion of the stolen funds started to be transferred to crypto mixer Tornado Cash shortly after a $1 million bounty was launched to identify the hacker. As of March 18, only a small portion of the funds had been recovered  around 3,000 Ether ($5.4 million).Europol seizes $46M from crypto mixer after $2.88B allegedly launderedLaw enforcement agency Europol has seized assets of cryptocurrency mixer ChipMixer worth $46 million for its alleged involvement in money-laundering activities. ChipMixer’s website has been shut down and four servers hosting the application have been seized. Europol claims that ChipMixer has laundered over 152,000 BTC ($2.88 billion) since its inception in 2017.FBI, NY authorities probes collapse of TerraUSD stablecoinThe U.S. Justice Department is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin, which contributed to a $40 billion wipeout in the Terra ecosystem last May. Former staff at Terraform Labs have been interrogated in recent weeks by U.S. agencies, including the FBI. The probe covers similar ground to a lawsuit filed against Terraform Labs and its founder Do Kwon by the U.S. Securities and Exchange Commission in February, including misleading investors.Best Cointelegraph Features4 out of 10 NFT sales are fake: Learn to spot the signs of wash tradingNFT wash trading inflates the volume on some platforms by 10x20x the legitimate volume. Why is it encouraged, and what can be done about it?All rise for the robot judge: AI and blockchain could transform the courtroomDo the developers of legal bots have sufficient knowledge and experience of the law? Is the data used to train their algorithms timely? Will critical evidence be filtered out?Crypto winter can take a toll on hodlers mental healthThe relentless bear market, a string of high-profile criminal charges and the fall of trusted institutions have taken their toll on those actively involved in the crypto industry.    Subscribe    The most engaging reads in blockchain. Delivered once a        week.         Email addressSUBSCRIBE    

SBF legal fees, BTC market cap flips Meta and USDC climbs back to $1: Hodler’s Digest, March 12-18

The cryptocurrency market has seen significant gains recently, with Bitcoin rising over 30%. Alt-coins and the DeFi space have also experienced substantial gains, with Conflux ($CFX), Mask Network ($MASK), Stacks ($STX), MAGIC ($MAGIC), and Fantom ($FTM) leading the way. 
The post Top 5 blockchain projects outperforming Bitcoin’s recent 30% gains appeared first on CryptoSlate.

Top 5 blockchain projects outperforming Bitcoin’s recent 30% gains

According to the crypto market tracking website, CoinMarketCap, the top 5 gainers over the last 24 hours are Mask Network (MASK), Conflux (CFX), Stacks (STX), DyDx (DYDX) and SingularityNET (AGIX). These top gainers swa their price increase after a marketwide injection of capital over the last 24 hours, which boosted the global crypto market cap […]
The post MASK, CFX, STX, AGIX, DYDX Are the Top 5 Gainers According to CMC appeared first on Coin Edition.

MASK, CFX, STX, AGIX, DYDX Are the Top 5 Gainers According to CMC

A single crypto whale likely drove up the price of an Ethereum (ETH)-based altcoin on Monday, according to the blockchain-tracking platform Lookonchain. Mask Network (MASK), a project that aims to bring Web3 features to social media platforms like Twitter and Facebook, shot up from trading around $3.26 at the beginning of the day on Monday […]
The post Crypto Whale Driving Up the Price of Ethereum (ETH)-Based Altcoin As It Withdraws From Exchanges: Onchain-Data appeared first on The Daily Hodl.

Crypto Whale Driving Up the Price of Ethereum (ETH)-Based Altcoin As It Withdraws From Exchanges: Onchain-Data

Binance News: The world’s largest crypto exchange by market share, Binance, has recently updated its Proof-of-Reserves (PoR) system to add 11 new cryptocurrencies.  These include the likes of 1inch (1iNCH), Mask Network (MASK), Dogecoin (DOGE), and Curve DAO Token (CRV), among others. Following these new additions, Binance reported that its PoR system currently has more 
The post Binance Adds Support For 11 New Tokens In Its Proof of Reserves To Enhance Security appeared first on CoinGape.

Binance Adds Support For 11 New Tokens In Its Proof of Reserves To Enhance Security

The Mask Network (MASK) is turning heads after a more than 27% price increase over the last day. The crypto market tracking website CoinMarketCap indicates that MASK is currently worth about $4.17 after a 27.57% increase in its price over the last 24 hours. In addition to this, the altcoin is also still up by […]
The post Huge Whale Transaction Leads to 27+% Price Increase for MASK appeared first on Coin Edition.

Huge Whale Transaction Leads to 27+% Price Increase for MASK

With the growth of decentralization and Web3 technology, projects like DPA Token (DPAT) can distribute ownership and governance to users around the globe allowing them in this case to have a say in what gets built in major African cities, by whom, for whom and where.
Continue reading at DailyCoin.

Audius (AUDIO) and Mask Network (MASK) Investors Flock To DPA Token (DPAT) 6

A popular crypto analyst says one under-the-radar Ethereum (ETH)-based altcoin is about to go on a massive run. The pseudonymous analyst Smart Contracter tells his 220,200 Twitter followers that Mask Network (MASK) is setting up for a surge following a correction, after forming a three-wave pattern labeled as the A-B-C wave of the Elliott Wave theory. […]
The post Analyst Predicts New All-Time High for One Ethereum-Based Altcoin, Updates Outlook on BTC and ETH appeared first on The Daily Hodl.

Analyst Predicts New All-Time High for One Ethereum-Based Altcoin, Updates Outlook on BTC and ETH


                    
                    GRT has turned technically overbought, but its long-term potential remains skewed to the upside, thanks to healthy network fundamentals.
                    The Graph (GRT) price slipped on Feb. 8 alongside a broader correction across the top crypto assets.GRT price skyrockets wi other data management tokensGRT price plunged nearly 14.5% intraday to $0.18, showing signs of short-term upside exhaustion after rising over 200% earlier in the year. At its sessional high, the token was changing hands for $0.23 on Feb 7, its highest level in nine monthsGRT/USD daily price chart. Source: TradingViewBuy flocked into the GRT market amid a relatively stronger risk-on mood, led by the Federal Reserve's slower interest rate hikes and a strong recovery witnessed in the Bitcoin (BTC) market, which typically influences altcoins into tailing the trend.The GRT price rally also accompanied similar gains across data management platform tokens. This sector's market capitalization doubled so far in 2023, with Ocean Protocol (OCEAN), Mask Network (MASK), and Band Protocol (BAND) recording over 200%, 100%, and 60% gains, respectively.Data management tokens and their performances. Source: MessariWill The Graph's price correction continue?The impressive GRT price rally has left The Graph as technically overbought, according to its daily relative strength index (RSI) indicator.Notably, the daily RSI has exceeded 70, which traditional analysts consider an "overbought" signal. This typically leads to upside exhaustion, followed by consolidation or a significant price correction.In either case, GRT's overbought status risks plunging its price by 30% in the next month to $0.13, a support level from the May-June 2022 consolidation session. The line also appears near the GRT/USD pair's 200-day exponential moving average (200-day EMA; the blue wave) near $0.11.GRT/USD daily price chart. Source: TradingViewNevertheless, from a fundamental perspective, GRT looks stronger due to its healthy network metrics. For instance, The Graph recorded 66% quarter-over-quarter growth in its revenue from query fees in Q4 2022 due to the migration of subgraphs from its hosted service to the decentralized network (mainnet) in and after March 2022.The Graph's revenue in recent quarters. Source: MessariThe Graph ecosystem involves two key players: on-chain API (or subgraph) developers and data consumers. Data consumers pay subgraph developers a fee to obtain data from blockchains, called query fees. This fee is paid in GRT tokens."Query fees should continue to increase as more subgraphs are migrated to mainnet in the coming quarters," noted Mihai Grigore, a researcher at Messari, in his quarterly report on the project, adding: "This increase in volume may attract more key participants to the protocol as it drives profitability for existing ones."Related: Blockchain indexer The Graph says adoption is still strong 2 years after mainnet launchAs a result, GRT's long-term bias could remain skewed toward the bulls. Moreover, independent analyst Altcoin Sherpa anticipates a strong bounce after The Graph token tests $0.13 as support.GRT/USD daily price chart. Source: Altcoin Sherpa"I'll just wait for a consolidation or dip and buy," he wrote, adding: "You're going to look for stuff like this at .13 on lower TFs; some consolidation before another leg. Given how badly this one got rekt, I think it has more left in the tank. Insane volume."This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.


End of bull run? The Graph awaits correction after a 200% GRT price rally

Mask Network, a protocol that allows users to send encrypted messages and cryptocurrency transfers across social media, has acquired Pawoo.net, one of the largest Mastodon instances, according to a blog post.

Encrypted Messaging Protocol Mask Network Acquires Mastodon Server Pawoo.net

Computing protocols in the index lost a combined 21% over the period, with Mask Network the best performer and JasmyCoin the worst.