Bitcoin has officially executed a systematic, hard-coded and highly anticipated event known as the halving. The event, which happens roughly every four years, essentially cuts the Bitcoin reward that miners receive for powering the network in half, reducing the new supply of BTC entering the market. The reward for mining a block has reduced from […]
TL;DR Telegram plans to tokenize emojis and stickers as NFTs on the TON blockchain. Pavel Durov, CEO of Telegram, announced the plans during Token2049 Dubai. Toncoin (TON) saw a surge in price after partnering with Tether to bring USDT to the TON blockchain. Telegram has taken a significant step in the adoption of blockchain technology […]
Foundry, a digital assets mining and staking company, has announced that it plans to monetize what it has called the “epic satoshi,” the first satoshi of the halving block, via Ordinals. If the company mines it through its mining pool, it plans to distribute the proceeds to its members based on the hashrate on the […]
The upcoming Bitcoin halving sparks debate on whether its effects are already reflected in the current price. Opinions are divided between supporters of the Efficient Market Theory and those who point to historical cycles. Scepticism increases around the halving’s impact, with some experts predicting more downside. Yet, others argue its deflationary nature is inherently acknowledged […]
BlockDAG’s $18.5M Presale, Enhanced by a Moonshot Keynote Teaser, Outshines ATOM & BNB Coin Price Despite its global scrutiny, the BNB coin price has demonstrated remarkable stability. Meanwhile, ATOM crypto news reflects a less certain position, with the currency experiencing slight fluctuations. On a brighter note, BlockDAG emerges as a compelling narrative in the crypto […]
Shiba Inu in critical state, especially if price does not hold here
… cryptocurrency mines to the Senate City, County and Local Affairs Committee on Thursday, April 18, 2024. (Tess Vrbin/Arkansas Advocate). An …
On-chain data shows that the largest number of investors in the Bitcoin market are finally buying, which could be bullish for the asset’s value. Bitcoin Mega Whales Have Shown Net Inflows In The Past Day In the past few weeks, the Bitcoin price has struggled to mount any significant bullish momentum as it has been […]
TL;DR Shibarium, Shiba Inu’s layer-2 scaling solution, released a new update to improve user experience and platform speed. Since its launch, the network has achieved notable milestones, including over 400 million transactions and a recent surge in daily transactions, which may positively impact SHIB’s price. Shibarium Keeps Progressing The team behind Shiba Inu’s layer-2 scaling […]
Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to the increase in USDT’s market capitalization, which reached $109.38 billion by Friday at 1:00 p.m. Eastern Time. […]
By Pete Rizzo, Kraken Editor at Large Pete Rizzo is a leading Bitcoin Historian and author of over 2,000 articles on cryptocurrency. He is also an Editor at Bitcoin Magazine. The views and opinions expressed in this article are those of the author and does not necessarily reflect the views of Kraken or its management. […]
The Solana-based memecoin, $BOME (Book of Meme), once a hot commodity that attracted significant investor interest during its peak in February/March, has since experienced a considerable decline of over 150% from its all-time high of $0.028. Currently, the token is trading at $0.0094, marking a 25% decrease in the past 7 days. Recent reports suggest […]
Bitcoin has broken down dramatically, and it may cause serious issues
… cryptocurrency in an event called bitcoin halving. (AP Photo/Kin Cheung … cryptocurrency in half. That could have a lot of implications, from the …
BNB price is attempting a fresh increase from the $515 zone. The price could gain bullish momentum if it clears the $572 resistance zone. BNB price started a fresh increase after it found support near the $515 zone. The price is now trading below $555 and the 100 simple moving average (4 hours). There was […]
The Reserve Bank of New Zealand released a consultation paper this week outlining its thoughts on the possible introduction of digital cash. The paper is the second stage of a multi-stage, multi-year process that could result in the introduction of digital currency by around 2030. The Reserve Bank of New Zealand (RBNZ) released a consultation […]
For the seasoned investor eyeing Bitcoin’s trajectory, recent developments have sparked an alternative to the bullish short-term sentiment. Marcus Thiel, co-founder of 10x Research, who called the 2022 Bottom and the 2024 pre-halving surge, shares insights that paint a bearish picture for the cryptocurrency giant. Thiel points to a critical factor: the dwindling influence of […]
[PRESS RELEASE – Seychelles, Mahe, April 19th, 2024] ScapesMania, a new project in the blockchain space, is set to engage with the burgeoning casual gaming market, which is projected to reach $19.12 billion by 2027 according to industry forecasts. Overview of ScapesMania Inspired by successful blockchain gaming projects during previous bullish market cycles, ScapesMania combines […]
Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also acknowledged that while not being controlled for this use case, digital assets were already being used to settle international payments. […]
We’re thrilled to announce that Bonk (BONK), Dymension (DYM), Jito (JTO), Jupiter (JUP), Polygon Ecosystem Token (POL), Wormhole (W) and Dogwifhat (WIF) are now available on Kraken for residents in the United Kingdom! Funding and trading BONK, DYM, JTO, JUP, POL, WIF and W funding and trading are live. Add your token to your Kraken […]
SkyBridge Capital founder Anthony Scaramucci says Bitcoin (BTC) is on track to soar more than 200% within 12 months. In a new interview on CNBC Squawk Box, the hedge fund veteran says that the expected continual adoption of Bitcoin will keep driving the value higher and reduce price volatility. “I wish I could understand the […]
Major exchange executes calculated maneuver, shuffling significant $1 billion in Bitcoin right before halving
The crypto exchange Kraken has acquired TradeStation Crypto, the digital asset-focused division of online brokerage TradeStation, to support its expansion efforts in the United States, Coindesk reported. However, the closing date of the acquisition and other details remain unclear as neither company has announced anything officially. The financials of the deal have not been revealed. […]
Performance Bond Requirements: Agriculture, Equity, FX, Metal and Cryptocurrency Margins – Effective April 19, 2024 · From · CME Clearing.
While to the greater Bitcoin culture, Bitcoin halvings are seen as a celebratory event, for miners, things tend to be a tad stressful. As Bitcoiners around the world gather to celebrate block 840,000, miners are hunkering down and preparing for their reward for mining blocks to decrease by 50%, while the cost of their operations […]
Toncoin, of the TON network, has captured the attention of the cryptocurrency community as its Total Value Locked (TVL) surpasses a staggering $148 million, marking a historic milestone. This meteoric rise, reported by DefiLlama, showcases an almost threefold increase in just one month and a jaw-dropping tenfold surge over the course of a year. As […]
TL;DR Based on data collected from various social media platforms, Santiment suggests that references to a bearish market have been increasing. Following the fluctuations of the past week, Bitcoin has lost almost 11% of its value. Analysts expect a drop in BTC price after the halving. However, a rebound in the long term is expected, […]
BlockDAG’s Keynote Video Teaser on the Moon, Eclipsing Solana DEX Volume and DOGE Price, Fueling a $0.001 Surge While Solana’s DEX volume has impressively recovered to $1.28 billion following a major network fix, and Dogecoin’s price prediction teases an exciting jump to $10 due to a significant $3 billion inflow, BlockDAG stands out with even […]
Aptos Labs has teamed up with Microsoft, Brevan Howard, SK Telecom, and Boston Consulting Group to create Aptos Ascend. The focus is on enhancing decentralised finance and asset management. Aptos Ascend aims to provide financial institutions with a secure, compliant, and scalable DeFi gateway. Despite the significant partnerships, Aptos’s market response was negative, with a […]
The average weekly network fee for Bitcoin transactions has tripled since the start of April, overtaking Ethereum for the first time since January. The increased fees comes on the back of heightened network activity due to the Runes protocol’s impending launch. Runes are set to bring a whole new level of engagement to the Bitcoin […]
A widely followed crypto analyst and trader is expressing bullish sentiment on a Solana (SOL) competitor while offering his forecast on three altcoins. Starting with Sei (SEI), the analyst pseudonymously known as Altcoin Sherpa tells his 215,200 followers on the social media platform X that the native token of the layer-1 blockchain “could be a […]
A cryptocurrency analyst and trader is issuing a warning on Bitcoin (BTC) amid a significant market correction. The analyst pseudonymously known as Rekt Capital tells his 73,400 YouTube subscribers that Bitcoin is currently experiencing a correction which typically occurs ahead of the halving. “So we’ve been talking about this danger zone for a while and […]