Bitcoin Price Prediction: BTC Hits $60,500 in Descending Channel, Potential Sell-Off Looms
19.4.2024
As Bitcoin hovers around $60,547, analysts warn of more declines within a descending channel, raising concerns about future sell-offs.
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Bitcoin Dips Below $60K as Israel Launches Strike on Iran
19.4.2024
Iran's first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold
Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation
19.4.2024
Hong Kong customs officers arrested three individuals involved in a HK$1.8 billion ($228 million) money laundering operation that utilized a cryptocurrency platform and bank accounts of shell companies, with investigations revealing suspicious activities such as abnormally frequent large...
Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts
19.4.2024
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might...
Russian Ministry Officials ‘Took BTC, ETH Bribes from Crypto Exchange Exec’
19.4.2024
Russian Ministry of Internal Affairs officials took a $53.2 million bribe from a crypto exchange executive, a major newspaper in the country claimed this week.
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Bitcoin Halving: Goldman Sachs Downplays Impact of ‘Buy the Rumor, Sell the News’
19.4.2024
Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price performance will likely continue to be driven by...
Yuga Labs Sells IP Rights of Two NFT Games in Strategic Move – Here’s the Latest
19.4.2024
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has sold the IP rights of two of its games, Legends of the Mara and HV-MTL, to Web3 gaming firm Faraway. The move is part of a strategic restructuring effort to refocus the organization. Simultaneously, Yuga Labs' chief gaming officer...
Chia Network Makes Progress Toward an IPO, CEO Says
19.4.2024
The cryptocurrency company founded by BitTorrent's inventor saw its IPO plans derailed last year by financial woes at its banker, Credit Suisse
XRP Price Prediction as Ripple Falls Behind USDC In Coin Rankings – What’s Going On?
19.4.2024
The XRP (XRP) price is struggling to keep up with a broader crypto market rebound on Thursday, rising just 1.4% in 24 hours as per CoinMarketCap versus gains of 3.5% for Bitcoin (BTC) and 4.5% for Solana (SOL), with XRP’s market cap having recently slipped below that of US dollar stablecoin Circle...
Canada To Adopt International Standard For Crypto Tax Reporting – Here’s What That Means
19.4.2024
Canada is set to implement the International Crypto-Asset Reporting Framework (CARF) for crypto tax reporting by 2026, as per the country's 2024 budget. The move will place new obligations on Canada crypto service providers, such as exchanges and ATM operators, to report transactions and customer...
Bitwise: Bitcoin Halving Is a ‘Sell the News’ Event, Market Underestimates Long-Term Impact
19.4.2024
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,”...
SEC Chair Gary Gensler’s Social Media Post Led Some to Believe He Was Resigning
18.4.2024
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s social media post expressing that “it’s been an honor to serve” as SEC chairman sparked speculation within the crypto community that he might be resigning from his position. Many people, including lawmakers, have...