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Bitcoin Technical Analysis: Upper Resistance Holds Strong Amidst Consolidation Phase
1.4.2024
As bitcoin flirts with the $69,556 mark, its oscillation between $68,900 and $71,391 within the last 24 hours suggests a battleground for bulls and bears alike. Amidst a trading volume of $27.37 billion, the cryptocurrency giant showcases a current market capitalization of $1.36 trillion. Bitcoin...
Composable Data Assists Dapp Developers in Unlocking Rich Data Applications – Swaroop Hegde
1.4.2024
Composable data, a flexible and modular approach in the field of data analytics, benefits decentralized application (dapp) developers constrained by the limitations of current data protocols. Swaroop Hegde, co-founder of Powerloom, explains that composable data maintains a decentralized database...
New innovative Kelexo (KLXO) lending sensation acquires whales from Bitcoin (BTC) & BNB setting trending presale worldwide
1.4.2024
There is news streaming about a new and innovative financing trend in the cryptocurrency sector. Kelexo (KLXO), the pioneer in DeFi crypto lending, has introduced a loan platform that requires a few to no KYC checks for lending and borrowing processes. With whales from popular cryptos like Bitcoin...
Bitcoin Halving Countdown Contest – $1000 Grand Prize
1.4.2024
As the cryptocurrency community counts down to the 4th Bitcoin halving, expected to take place between April 18 to April 22, Bitcoin.com is launching an exciting new contest to bring attention to and educate about this critical moment in Bitcoin’s history. $1000 giveaway Bitcoin.com is thrilled...
Defi Platforms Lose More Than $336 Million in Digital Funds in Q1 of 2024, Study Finds
1.4.2024
In the first quarter of 2024, more than $336 million in digital assets were stolen from decentralized finance platforms across 61 incidents of hacking and fraud. During this period, criminals made off with digital assets valued at $144.48 million in two major hacking incidents. In contrast...
44-Day Bitcoin Drain: Coinbase and Binance Shed 76,179 BTC in Less Than 2 Months
1.4.2024
Recent figures show that over a span of 44 consecutive days, 76,179 bitcoins, worth $5.41 billion, have been moved out of Coinbase and Binance, the two leading cryptocurrency exchange and custodial firms by reserve size and total trade volume. Robinhood Bucks Trend With Bitcoin Inflows as Coinbase...
Bitcoin Becomes More Volatile Than Ether as Halving Approaches
1.4.2024
Bitcoin's annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether's 30-day realized volatility by nearly 10 percentage points
Crypto Market in Zen Mode as Bitcoin Remains Stable at $70K Ahead of Halving
1.4.2024
All eyes are on the upcoming Bitcoin halving event
Latam Insights: Brazil to Offer Bitcoin Futures, Paraguay Battles Mining, Worldcoin Wins in Chile
1.4.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Brazilian stock exchange will offer bitcoin futures contracts, Paraguay advances measures to curb illegal bitcoin mining operations, and Worldcoin gets...
Solana Foundation Asserts Core Network Should Be Permissionless Regarding Offensive Meme Coin Issues
1.4.2024
The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that the core components of Solana should be permissionless while blocking some of these offensive assets should...
Buterin, Yakovenko and Gün Sirer: Crypto Creators Take on the Meme Coin Phenomenon
1.4.2024
The meme coin phenomenon, where communities produce tokens with no other support than a meme behind it, has given rise to opposing opinions. These range from the most positive ones, which regard them as value-affirming elements, to the negative ones, which state that there is no value behind them....
LMAX CEO Expects Bitcoin to Trade in Six Digits in the Future
1.4.2024
The chief executive of LMAX Group says he expects bitcoin to trade in six digits in the future. He explained that based solely on supply and demand, with bitcoin allocation potentially reaching 3%-5% of global assets, “you should see the price of bitcoin being multiples of what it...
Court Dismisses Custodia Bank’s Challenge Against Federal Reserve
31.3.2024
In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged...
Bitcoin ETFs Experience Turnaround With $859M Inflows After Previous Outflows
31.3.2024
U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous week that witnessed five straight days of outflows, totaling a substantial $887.6 million. After a Week...
Grayscale Study Pinpoints Bitcoin in Mid-Phase Bull Run, Eyes Future Growth
31.3.2024
Amidst a vibrant resurgence in bitcoin’s value, a comprehensive analysis by Grayscale and researcher Michael Zhao sheds light on the anatomy of the current bitcoin market cycle. The study explores whether we are entrenched in a bull run, detailing the driving factors and possible...
Bitcoin Halving Inches Closer With Fewer Than 2,900 Blocks Remaining
31.3.2024
The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone of block 840,000. Following this event, the reward for mining a block will halve from 6.25 bitcoins to 3.125 bitcoins....
Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE
31.3.2024
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over...
Convicted UK Woman Found With $4B in BTC, the SEC Seeks $2B Fine From Ripple, and More — Week in Review
31.3.2024
A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems unprecedented....
Harmonizing the crypto symphony as Bitcoin (BTC) and Binance Coin (BNB) traders tune into the Koala Coin (KLC) distinctive beat
31.3.2024
Imagine a future where every digital transaction plants the seed for communal growth and laughter. Amidst this vision, Koala Coin (KLC) emerges, captivating Bitcoin (BTC) and Binance Coin (BNB) traders with its presale stage one at a tempting price of $0.014. The clock’s ticking, and the FOMO...
Consensys to SEC: Recognize the Advanced Safeguards Inherent in Ethereum’s Design
31.3.2024
Consensys has told the U.S. Securities and Exchange Commission that Ethereum’s proof of stake implementation “meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).” The blockchain software company said the commission should recognize the advanced safeguards...