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Why Bitcoin is lining up to hit $200k during current cycle

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Bitcoin (BTC) is once again trading above the $70,000 mark after avoiding dropping below $60,000. With the ongoing resurgence, investor attention remains fixated on whether BTC will rally and achieve another record high before the April halving event. Indeed, a significant portion of market attention is focused on Bitcoin’s ability to hit a six-figure mark, and crypto analyst TradingShot believes the maiden digital asset has a strong chance in the current cycle . In a TradingView post on March 28, the analyst suggested that the asset has the potential to reach $200,000, despite experiencing a two-week consolidation period after surpassing its previous all-time high. Picks for you XRP and XLM about to ‘melt faces;’ Here’s why 49 mins ago Bybit’s Unified Trading Account spurs capital efficiency with 96% institutional adoption rate 2 hours ago Bubble Alert: U.S. issuing bonds at pandemic rates 2 hours ago Roger Ver would support Bitcoin again if this happ...

PBW 2023 explores the current state of the blockchain space

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Circle’s chief strategy officer Dante Disparte said at a Paris Blockchain Week panel that while the chain is currently not strong, people are continuing to build and develop. A panel filled with professionals working in prominent tech companies discussed the current state of the blockchain space at the ongoing Paris Blockchain Week 2023 conference.  Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated the panel discussion titled “State of the Chain 2023” with panelists Ryan Nitz, the head of solutions architecture at Coinbase; Matthew Savarese, the head of strategy at Nasdaq Digital Assets; Rich Widmann, the head of strategy for Web3 at Google; Dante Disparte, the chief strategy officer and head of global policy at Circle; and Denelle Dixon, the CEO of Stellar Development Foundation. The panelists discussed various topics and gave their insights on the current state of the Web3 space, from sharing their company’s current focus to giving their predictions on how 2023 wo...