One of the biggest cities in the US is preparing to hand $1.3 million to families who are struggling to pay their bills. The cash will be given with no strings attached to lower income families who qualify in Austin, Texas, reports the ABC-affiliated news station KVUE. The city council approved the program on Thursday, […]
A decentralized finance (DeFI) protocol has been hacked to the tune of millions of dollars over the Ethereum (ETH) and Arbitrum (ARB) blockchains. In a new announcement, cybersecurity firm Cyvers says that DeFi platform Hedgey Finance has been breached by bad actors who took at least $1.9 million worth of funds that were converted to […]
Binance has converted all of the crypto in its $1 billion emergency insurance fund into the stablecoin USDC. The top global crypto exchange established the “Secure Asset Fund for Users” (SAFU) in 2018 to protect Binance users from “extreme situations.” The fund has typically attempted to maintain a balance worth $1 billion, though fluctuating crypto […]
A widely followed crypto analyst says Bitcoin relief is on the way as the imminent BTC halving draws closer. The BTC halving is a pre-programmed event that occurs every four years, slashing BTC mining rewards in half. Analysts and experts anticipate the next BTC halving should occur in the coming days or even hours. One […]
BlockDAG Takes Center Stage as Moon-Based Keynote Teaser Boosts Presale to $18.5M, Amid XRP & Uniswap’s Bearish Price Outlook As the XRP’s price struggles to sustain recovery and Uniswap (UNI) experiences significant price fluctuations, BlockDAG (BDAG) is making significant strides in the presale arena. Following the success of the first keynote video, BlockDAG has released […]
After the overnight Israeli retaliatory strikes against Iran, gold prices have settled around $2,388 per ounce, having briefly touched the $2,400 mark right after the events. Over the last five days, gold has increased by 1.85%, while bitcoin has declined by 8% since the onset of the conflict last Saturday, April 13. Following last night’s […]
Bernstein has picked two Bitcoin mining stocks that it expects to outperform in the near future
The Bitcoin halving just took place at block number 840,000. This event today reduced the mining reward for each block to 3.125 Bitcoins from 6.25 Bitcoins. New Bitcoins are introduced into circulation through these mining rewards. Another Bitcoin Halving Halving is one of the most significant events in the cryptocurrency world and occurs approximately every […]
The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit …
Today, Bitcoin mining pool ViaBTC has officially mined block 840,000, which not only ushers in the fourth Bitcoin halving, but also includes what has been deemed an “epic sat” by the Ordinals numbering system, which is the first satoshi (smallest unit of a bitcoin) of each halving epoch. Mempool Ordinals, numbering schemes for satoshis, have […]
The Shiba Inu burn rate has seen another daily increase, which is a welcome development for the community. However, the figures being burned paint another picture, especially when it comes to participation from Shiba Inu holders in the SHIB burning initiative. Shiba Inu Burn Rate Rises 81% The Shiba Inu daily burn rate saw a […]
Bitcoin’s fall to $61,000 over the weekend was a result of market participants reducing their exposure to the digital asset ahead of the halving slated for April 20, according to the latest CryptoQuant weekly report. Analysts said traders closed their long positions to take profits, and now, the volume of sell orders in the perpetual […]
A popular crypto trader says the decentralized oracle network Chainlink (LINK) is flashing a short-term bullish signal. Ali Martinez tells his 59,300 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator recently presented a buy signal for LINK on the daily chart, which he says suggests “a potential one to […]
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. […]