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GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows
29.4.2024
Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin...
68% of Runes are in the red — Are they really an upgrade for Bitcoin?
29.4.2024
Bitcoin Runes’ debut stirred controversy with high fees and poor initial returns, but supporters say the tokens upgrade the Bitcoin network
Kelexo (KLXO) $0.055 stage 2 lending opportunity shines as Bitcoin (BTC) holds strong above $66,600 amid post-halving calm
29.4.2024
The crypto trading market has mostly been diverse, which is ideal for building the right crypto ecosystem. Bitcoin halving occurred some days back, and post-halving has somewhat stalled. There has remained a market calm regarding halving in crypto trading. BTC halving has sparked heavy market...
This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%
29.4.2024
The crypto market holds steady at a valuation of $2.31 trillion, experiencing a 2.60% decline in the last 24 hours. In the preceding week, bitcoin and ethereum each dipped between 5.4% and 1.8%. Notably, only four coins experienced double-digit increases, with helium (HNT) emerging as the...
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
29.4.2024
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown...
First Mover Americas: Bitcoin, Ether Sink Amid U.S. Stagflation Fears
29.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Low-risk Altcoin with the potential of 3x growth in BTC: A complete reference
29.4.2024
Altcoin is a top performer in the crypto world with huge potential, irrespective of its wider market sentiment. It is a fact that altcoins influence market sentiment and have paved the way for significant movements in the cryptocurrency space. Some of the top-performing altcoins in 2024 include...
Omnity rolls out integration for no-fee Runes trading
29.4.2024
Omnity protocol is launching an integration for trading of Rune tokens without gas or transaction fees
Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
29.4.2024
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards
Crypto on track to hit 1 billion users by end of 2025: Analyst
29.4.2024
More conservative estimates, from the likes of the Boston Consulting Group, predict that the crypto industry will reach its first billion users by 2030
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
29.4.2024
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish...
Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention
29.4.2024
The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention
Bitcoin ETF hits Australia after $53 billion grab
29.4.2024
The Australian finance market is prepared to witness a surge in Bitcoin exchange-traded fund (ETF) launches, similar to those in the US and Hong Kong. The country’s major players, including Van Eck Associates and BetaShares Holdings, are preparing to list their Bitcoin ETFs on the Australian...
Taiwanese Prosecutors Indict 32 Individuals Implicated in $24.5 Million ACE Exchange Fraud Scheme
29.4.2024
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business partner, while a 12-year jail term has been proposed...
Is Bonk Going to Zero? BONK Price Drops 8% As Latest Meme Coin Pre-Sale Drops Soon
29.4.2024
Solana’s second biggest meme coin, Bonk (BONK), fell 8% overnight, taking some of the heavier losses amidst a crypto pullback spurred on by market leaders Bitcoin (BTC) and Ethereum (ETH). As of Monday morning, UTC, Bonk changes hands at $0.00002427. This is a near 50% decline from...
Worst month since 2022 bear market? 5 things to know in Bitcoin this week
29.4.2024
Bitcoin is on course for 12% losses in April, and with the monthly close just days away, it could end up sparking the weakest BTC price action in more than a year
Bitcoin Price Prediction as BTC Falls to $62,247 Despite Positive Market Expectations – Time to Buy?
29.4.2024
Bitcoin stumbles to $62,247, hitting a daily low amid global tensions and regulatory crackdowns—could this be a golden buying opportunity?
The post Bitcoin Price Prediction as BTC Falls to $62,247 Despite Positive Market Expectations – Time to Buy? appeared first on Cryptonews
Fezoo exchange presale becomes a beacon for Litecoin & Wrapped BNB holders amidst Bitcoin halving
29.4.2024
The Bitcoin halving is anticipated to bring a surge in price throughout the crypto ecosystem. However, as everyone in the crypto community waits, Litecoin and Wrapped BNB holders look to double their profits as they lock in on the Fezoo exchange, which stands to be the next leading crypto exchange....
Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’
29.4.2024
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severance package offered to those affected by...
Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein
29.4.2024
Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said