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Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook
17.4.2024
As bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price of $62,891 to $63,075 per unit underscores a market...
GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow of $58M
17.4.2024
Grayscale GBTC experienced a net outflow of $79.38 million from Bitcoin spot ETFs, contributing to its historical net outflow of $16.46 billion, while BlackRock ETF IBIT saw a net inflow of approximately $25.78 million.
The post GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow...
The approach of Bitcoin halving puts Fezoo in the spotlight for Cosmos & Bittensor investors, anticipating 1000% presale growth
17.4.2024
Decentralized exchanges always make the news since they are the hub that helps connect multiple crypto enthusiasts from across the world. They are admired for their ease of use but have recently become very inefficient. Many more popular options, like Binance and OKX, have many of these issues,...
Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts
17.4.2024
In the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s...
TRON DAO at Harvard Blockchain Conference and New TRON Builder Tour Stop
17.4.2024
PRESS RELEASE. Geneva, Switzerland, April 17, 2024 – The Harvard Blockchain Conference, a premier gathering hosted by the Harvard Blockchain Club, showcased the TRON DAO as a Platinum Sponsor, the highest tier for the Harvard Blockchain Conference. The official conference saw a packed crowd...
Buy Bitcoin Miners Ahead of the Halving, Bernstein Says
17.4.2024
Bitcoin’s bullish trajectory is expected to resume after the halving once mining hashrates have adjusted to the lower rewards and ETF inflows resume, the report said
Australian Regulator Says Crypto Is a Debenture That Requires Regulation
17.4.2024
The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory purview. The ASIC chairman also argued that many cryptocurrency investors are unaware of what they are getting into. Crypto Falls...
Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Did Whales Buy the Dip?
17.4.2024
Amid a $40 billion trading surge, Bitcoin steadies at $63,900, sparking debates on whether whales capitalized on the recent dip
The post Bitcoin Price Prediction as $40 Billion Trading Volume Comes In – Did Whales Buy the Dip? appeared first on Cryptonews
Goldman Cautions Against Extrapolating Previous Bitcoin Halving Cycles for Price Predictions
17.4.2024
Bitcoin's fourth mining reward halving is just two days away
More Than 250 Zambian Students Attend Hackathon; Over 100 Earn Smart Contract Development Certification
17.4.2024
More than 250 Zambian university students recently participated in an online boot camp and hackathon which saw over 100 earning certification in smart contract development. The students who complete their minimum viable products (MVPs) can apply for grants ranging from $1,000 to $25,000. Students...
Crypto.com CEO Expresses Concern over Surging Valuations in Crypto Sector
17.4.2024
Crypto.com CEO Kris Marszalek has raised concerns about the sustainability of the surging valuations in the cryptocurrency sector.
The post Crypto.com CEO Expresses Concern over Surging Valuations in Crypto Sector appeared first on Cryptonews
Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining
17.4.2024
According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up to 16,200 megahash per second (MH/s) and energy efficiency of 0.21 joules per megahash (J/M) mines...
Deestream’s stage 2 presale phenomenon: Surpassing 3,500 holders with Bitcoin and Ethereum communities betting big
17.4.2024
DeeStream is currently in its stage 2 presale, which is phenomenal and eye-catching and has attracted investors worldwide. With benefits to users and investors, the decentralized streaming platform is currently gaining an influx of users and investors who are willing to participate in the stage...
Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving
17.4.2024
Bitcoin mining companies are experiencing a significant decline in their stock prices as they face reduced revenue due to an upcoming code update for the largest cryptocurrency.
The post Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving appeared first on Cryptonews
Telegram’s Founder Advocates for Crypto-Inspired Hardware to Boost Secure Communications
17.4.2024
Pavel Durov, the founder of Telegram, has proposed creating crypto-inspired hardware to enhance secure communication and protect privacy, a vision spurred by his unsettling experiences with governments, including attempts by the FBI to interrogate him and coerce a Telegram engineer into embedding...
What makes the integration of Sports and Bitcoin a mutual victory?
17.4.2024
Bitcoin, a cryptocurrency independent of the central bank, is currently one of the major players disrupting global financial transactions. The sports sector has recently seemed more willing to use Bitcoin for transactions and sponsorships. This collaboration is a win-win: sports organizations...
Runes, Casey Rodarmor's Protocol for 'Sh!tcoins' on Bitcoin, Set to Go Live at Halving
17.4.2024
Rodarmor created last year's breakout Ordinals protocol, which is used to create non-fungible tokens (NFTs) on Bitcoin. Now, he says the relevance of protocols like his new Runes, used to create fungible tokens, is set to grow
Stepn Partners With Adidas to Issue Genesis Sneakers NFTs
17.4.2024
Stepn, a lifestyle and move-to-earn application, partnered with Germany-based apparel company Adidas to issue the Genesis Sneakers NFT collection. The collection, which marks the start of a one-year collaboration between these organizations, comprises 1,000 NFTs inspired by Adidas’...
Ether Prices in Downtrend as Bitcoin Challenges $64K
17.4.2024
Some other catalyst needs to happen before bullish sentiment returns, says one trader
South Korean Won Overtakes US Dollar as Top Currency in Global Crypto Trading for Q1 2024
17.4.2024
In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative interest in risky crypto assets in South Korea....