Cryptocurrency

In light of recent market dynamics, Markus Thielen, a prominent analyst known for his accurate forecast of Bitcoin’s surge, is now predicting a downturn for Bitcoin and broader risk assets, according to a CoinDesk report on Tuesday. Thielen, leading 10X Research, has issued a warning about a likely significant market downturn triggered by persistent inflation…

The forthcoming Bitcoin ‘halving’ event, a programmed reduction in mining rewards, is poised to reshape the economic landscape for cryptocurrency miners. On April 20, the reward for Bitcoin mining will halve from 900 to 450 Bitcoins daily. Given the current valuation of Bitcoin, this adjustment is projected to decrease annual revenues by approximately $10 billion…

The cryptocurrency market experienced a sharp decline today as a substantial volume of long bets were offloaded, affecting major cryptocurrencies. Bitcoin, Ethereum, Solana, among others, saw their prices drop significantly due to the selling of long positions. Significant cryptocurrencies like Bitcoin and Ethereum experienced notable losses today. As of the latest data from CoinGecko, Bitcoin’s…

In the world of cryptocurrencies, a seismic shift is anticipated with the forthcoming Bitcoin (BTC) halving event slated for April 19. This event, historically, has not just influenced Bitcoin but has also acted as a springboard for altcoins, propelling them into significant rallies. Data from past halving occurrences highlight a marked reduction in Bitcoin’s market…

Bitcoin’s resurgence is painting the crypto landscape in bullish hues, propelling its value towards the $72,000 mark, a feat observed after a period of stagnant trading. Current insights from CoinMarketCap reveal that Bitcoin, the titan of cryptocurrencies, is inching closer to surpassing its March peak of $73,737 by approximately 3.4%, heralding an optimistic outlook for…

Matt Luongo, a notable figure in the Bitcoin community, shared a compelling narrative that spotlighted his journey towards embracing Bitcoin’s practical applications. His story began with an unexpected challenge: a mortgage lender’s skepticism over using Bitcoin for a real estate purchase. “It felt almost illicit, discussing the use of the world’s most robust currency to…

As the excitement around Doge Day gains momentum, the crypto community is abuzz with speculation: Can Dogecoin (DOGE) outshine Octoblock (OCTO) and Ethereum (ETH) as a long-term investment gem? Ethereum’s Price Trajectory Recently, Ethereum witnessed a dip following a rally towards the $4,000 benchmark. The ETH/USD pairing shows a turbulent trend, often hitting the $3,600…

In a bold forecast amidst the fluctuating tides of the cryptocurrency market, Ripple’s head honcho Brad Garlinghouse casts an optimistic future for the crypto realm, envisioning a staggering market cap expansion to $5 Trillion by the year 2024. Amidst the ongoing legal tussle with the SEC that sees XRP in a limbo, Garlinghouse’s projections come…

WS has ventured into the realm of cryptocurrency exchange-traded products (ETPs), unveiling two innovative strategies that mirror the performance of the leading cryptocurrencies, bitcoin and ethereum. These newly introduced Xtrackers Galaxy Bitcoin ETC Securities (XXBT) and Xtrackers Galaxy Ethereum ETC Securities (XETH) have made their debut on the Deutsche Boerse. They come with an attractive…

In a notable cryptocurrency event, Bitcoin Cash (BCH) witnessed its second halving on April 4, 2024, setting the stage just over two weeks before Bitcoin’s much-anticipated halving. This halving event slashed the mining rewards for BCH from 6.25 to 3.125 per mined block, a pivotal moment recorded at the 840,000th block. Leading up to this…