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NYSE Considers 24-Hour Trading Model in Response to Crypto Market Trends
22.4.2024
Cryptocurrency markets operate continuously, trading every day of the week, around the clock. In a similar vein, reports indicate that the New York Stock Exchange (NYSE) is exploring the possibility of shifting to 24/7 operations. The data team at NYSE has conducted a survey among its investors...
Bitcoin Halving and Runes Protocol surge miners’ profits despite market challenges
22.4.2024
On April 19 2024, the Bitcoin halving event took place, cutting the block reward for miners in half from 6.25 BTC to 3.125 BTC per block. The event expected miners to have lower minting fees and the bitcoin prices to become more volatile, and it was thought to have implications for both traders...
Bitcoin fees sink after a record $128 daily average on halving day
22.4.2024
Within twenty-four hours of the fourth Bitcoin halving on April 20, the average fees paid on the platform witnessed a substantial drop. According to mempool.space, as of April 21, Bitcoin rates for medium-priority transactions have dropped to an average of $8–$10. According to Crypto Fees, Bitcoin...
Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark
22.4.2024
The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said in a research report on Monday
Bitwise CEO sees rise in Wealth Firm Bitcoin ETF investments
22.4.2024
Bitwise CEO Hunter Horsley recently forecasted a substantial increase in the holdings of Bitcoin ETFs among wealth management companies by the end of 2024, highlighting rising confidence in crypto as a profitable investment even during the current market shifts. Based on the reports on CoinGape...
Pushd’s stage 6 e-commerce presale gains traction amid Bitcoin’s slump: Fetch.ai and Arbitrum supporters jump in
22.4.2024
Bitcoin might be down in the dumps, but Pushd’s presale is on fire! Their e-commerce platform is attracting new investors, this time from the Fetch.ai and Arbitrum communities. While Bitcoin stumbles, these investors are looking elsewhere for exciting opportunities. Pushd‘s plan...
Crypto Exchange Coinex Set to Auction ‘Epic Satoshi’ From Halving Block for 1 BTC Minimum
22.4.2024
At 8:09 p.m. ET on April 19, 2024, the mining pool Viabtc successfully excavated block 840,000. This block notably encompassed 37.625 bitcoins from transaction fees, alongside a 3.125 bitcoin reward. This significant block also included a rare bitcoin element known as the “epic sat,”...
Kelexo (KLXO) draws Stellar (XLM) & XRP investors poised to disrupt streaming with groundbreaking features before Bitcoin (BTC) halving
22.4.2024
Stellar and XRP, two major players in the cryptocurrency market, are currently experiencing fluctuations in their prices and market activities. While Stellar faces a fierce struggle between bulls and bears, XRP undergoes notable price surges followed by prompt selling pressures. Meanwhile, a...
Analyzing Bitgert coin’s potential following Bitcoin’s halving
22.4.2024
Pre-halving season, Bitgert generated buzz across the industry, with many investors keeping close eyes on it and others enjoying the uptrend from their investments in it. Bitgert has been able to give massive returns to early investors who held for a long time, and it’s still looking good...
Nvidia Stock vs. Bitcoin: Which Investment Will Dominate in the Long Term?
22.4.2024
The Nvidia stock and Bitcoin are two assets that stand out for their potential and volatility in the landscape of investment opportunities.
The post Nvidia Stock vs. Bitcoin: Which Investment Will Dominate in the Long Term? appeared first on Cryptonews
Ethereum Technical Analysis: ETH Consolidates After Testing Key Resistance Levels
22.4.2024
As ethereum continues to navigate a period of significant price fluctuations, traders are keenly observing a variety of technical signals from the 1-hour, 4-hour, and daily charts. The combination of oscillators and moving averages provides a nuanced view of potential entry and exit points....
First Mover Americas: Bitcoin Layer 2s Have Their Moment
22.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Technical Analysis: BTC Bulls Attempt to Push Prices Higher Post-Halving
22.4.2024
As bitcoin fluctuates within a defined range, Monday’s technical analysis reveals a mixed bag of signals from oscillators and moving averages. Traders face a nuanced landscape on April 22, 2024, as various charts suggest both caution and opportunity. Bitcoin Bitcoin’s (BTC) price...
Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein
22.4.2024
The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said
Orbs VP Ran Hammer Says Future of Defi ‘Hinges on Liquidity Aggregation’
22.4.2024
Although decentralized finance (defi) platforms have traditionally focused more on maintaining liquidity and volumes in their respective pools, Ran Hammer, the vice president of business development at Orbs, believes that “the future of defi hinges on liquidity aggregation.” According...
Finnish Tax Administration Found €30 Million Worth Unreported Crypto Gains in 2023
22.4.2024
Finland’s Tax authority has found profits from sales of unreported crypto gains in 2023, amounting to €30 Million ($31.9 million).
The post Finnish Tax Administration Found €30 Million Worth Unreported Crypto Gains in 2023 appeared first on Cryptonews
Bitcoin's Unique Volatility Profile in Focus as VIX and MOVE Spike
22.4.2024
Bitcoin's implied or expected volatility remains positively correlated with its price as traditional market fear gauges spike amid broad-based risk aversion
Woo X Introduces Tokenized US Treasury Bills for Retail Investors
22.4.2024
Woo X has launched a new product offering retail customers exposure to tokenized U.S. Treasury bills, the first of its kind for a cryptocurrency exchange. The product, called RWA Earn Vaults, was developed with London-based Opentrade and provides an interest-bearing account backed by U.S....
Crypto Exchange Okx Partners With Manchester City to Launch Football Shirts Mintable as Digital Collectibles
22.4.2024
Okx and the English football club Manchester City have partnered to launch commemorative football shirts that can be minted as non-fungible tokens (NFTs). Fans of Manchester City, the reigning English football champions, will be able to mint the “Unseen City Shirts” digital collectible...
Bitcoin Price Prediction as BTC Bounces Above $66,000 – New Bull Run Starting?
22.4.2024
Bitcoin's impressive ascent to $66,270 signals a robust 2.50% increase, hinting at a potential bullish trend in the cryptocurrency market.
The post Bitcoin Price Prediction as BTC Bounces Above $66,000 – New Bull Run Starting? appeared first on Cryptonews