In the crypto market, Bitcoin prices have been rangebound above the psychological level of $60,000 since May 3. But, a prominent analyst predicts that the asset may recover the $70,000 level this month, which it has not seen since April 12. Bitcoin to Scale Higher? Adrian Zduńczyk, a well-known analyst, believes that Bitcoin’s potential target […]
Charles Hoskinson, who is widely known as the founder of Cardano, has been in the news recently due to his unexpected interest in Bitcoin Cash (BCH), an offshoot of Bitcoin. Hoskinson’s actions and comments within the crypto community continue to stir intrigue and debate. Cryptocurrency Crossroads: Cardano Founder’s Surprising Pivot Bitcoin Cash, which was created […]
Australia’s financial landscape is set for a significant shift as the Australian Securities Exchange (ASX) prepares to list its first spot Bitcoin exchange-traded funds (ETFs) by the end of 2024. This move comes after similar approvals in the U.S. and Hong Kong, marking a growing global trend towards mainstream crypto investment. ASX Poised to Embrace […]
Cryptocurrency enthusiasts received a spark of optimism after Kevin, a well-known crypto trader, hinted at Bitcoin’s potential to outperform the S&P 500. Taking to X, a popular social media platform, Kevin (@OG_Yomi previously) shared his analysis of the Bitcoin (BTC/USD) chart relative to the S&P 500. He highlighted a consolidation pattern forming for Bitcoin just […]
Pepe [PEPE], a token with a frog-themed meme, has recently experienced a significant surge in value. This has attracted the attention of a whale investor who has purchased a staggering 211.6 billion PEPE tokens, which is currently worth $1.6 million. The investor acquired these tokens from Binance [BNB], Gate.io, and Uniswap [UNI] within the last […]
Why Is Bitcoin Rising? The price of BTC has been on the rise, with an increase of $1000 in just an hour after the US market opened. The recent PMI data showed a slower economic growth rate, which led to a positive impact on the risk markets. This positive sentiment is expected to continue with […]
The recent Bitcoin halving, a programmed reduction in mining rewards, has generated widespread interest and discussion within the cryptocurrency community. This noteworthy event is considered a pivotal moment in Bitcoin’s history, and experts are analyzing its far-reaching implications for the future of the ecosystem. Bitcoin Halving – A Landmark Event in Cryptocurrency From a technological […]
In the past year, Bitcoin (BTC) has experienced substantial growth, surging over 145% in value. However, another cryptocurrency has overshadowed Bitcoin’s growth by gaining 350% in the same period. Kaspa (KAS), a project with high block speeds and high security, has given Bitcoin a run for its money in the last year. Kaspa’s (KAS) Price […]
The highly anticipated fourth Bitcoin halving event has come and gone, with miner rewards for each block cut in half from 6.25 BTC to 3.125 BTC. This programmed event, occurring roughly every four years, directly impacts the rate of Bitcoin creation. Slower Bitcoin Production and Future Halvings With the halving, the daily production of Bitcoin […]
The highly anticipated fourth Bitcoin halving took place earlier today, cutting miner rewards for each block in half. While this event is a significant milestone for Bitcoin, the immediate impact on cryptocurrency prices can be complex. Market Fluctuations and Past Performance Leading up to the halving, major cryptocurrencies, including Cardano (ADA), experienced volatility. ADA saw […]