The cryptocurrency market endured massive volatility this week. Amidst geopolitical instability, this price action triggered billions in liquidation and left many wondering if Bitcoin could be used as a hedge against chaos. However, certain cohorts of Bitcoin holders remained unfazed. This is evident by the fact that Bitcoin appears to be entering an accumulation phase as withdrawals from exchanges surged to levels not seen since January 2023. Bitcoin Investors Prepare for...
Read More »Solana (SOL) Price Analysis: Price Dips 50%, Can It Recover?
Solana price gained bearish momentum below the $150 level against the US Dollar. The price is now trading below $150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $155 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $150 resistance. Solana price is trading in a bearish zone below $160 against the US Dollar, like...
Read More »Bitcoin Price Analysis: BTC Takes Hit, Can This Support Hold?
Bitcoin price started a fresh decline below the $65,000 level against the US Dollar. The price is now trading below $65,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $64,550 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could face heavy resistance near the $64,500 zone in the near term. Bitcoin price is declining below $66,000 against the US Dollar. BTC might extend...
Read More »Bloomberg Analyst Issues a Warning for the Upcoming Hong Kong Bitcoin, Ethereum ETFs
Hong Kong regulators recently approved spot Bitcoin and Ethereum exchange-traded fund applications, but Bloomberg ETF analyst Eric Balchunas predicts that the local ETF market may not perform as well as the US due to the current lack of big players and the possibility of high fees. According to Balchunas, the Hong Kong Bitcoin and Ether ETF market may generate $500 million in inflows, which is small compared to the over $15 billion from BlackRock’s spot Bitcoin ETF product...
Read More »Halving Party au Fort du petit Bé à Saint Malo
L’évènement aura lieu sur 24 heures, de midi à midi, du 20 au 21 avril 2024 au Fort du petit Bé situé à quelques centaines de mètres des remparts de Saint-Malo. La citadelle n’est accessible à pied qu’à marée basse mais le billet comprend le transport maritime pour s’y rendre. Selon les estimations actuelles, le halving devrait avoir lieu autour du 19 avril. En savoir plus :...
Read More »Bitcoin Exchange Outflows Intensify as Market Recovers From Weekend Wipeout: Bitfinex
The neutralization of funding rates in crypto perpetual markets following the drawdown suggested that the correction was healthy and that volatility may eventually decline. With the Bitcoin halving a few days away, the amount of BTC leaving centralized exchanges has risen to levels not seen for more than 15 months. At the same time, the number of BTC that have not moved in over a year has declined significantly. According to the Bitfinex Alpha report, these on-chain...
Read More »Bitcoin to Face Enhanced Selling Pressure Ahead of Halving, Crypto Exec Says
The upcoming Bitcoin halving event is expected to follow the pattern of “buy-the-rumor, sell-the-news,” according to the Crypto.com CEO. The exec believes that in the long term, however, the halving, which is currently slated for April 20, will positively impact Bitcoin’s price. Bitcoin Halving’s Long-Term Impact Will Be Positive In a recent Bloomberg interview, Kris Marszalek, CEO of Crypto.com, shared his thoughts on the Bitcoin halving, saying that while there will be...
Read More »Reddit-Börsengang: RDDT-Aktie kaufen?
Startglocke an der Börse für Reddit: Das US-Amerikanische Internetforum geht mit dem Kürzel RDDT an die New Yorker Börse. Wer bei Twitter und Facebook von Anfang an dabei war, hat gut verdient. Jetzt besteht die Möglichkeit, mit Reddit zusammen gross zu werden. Die Aktie gab nach dem Börsengang erst mal nach. Dies ist allerdings normal, denn viele Manager und Investoren wurden in Aktien belohnt und können nun auscashen. Daher ist jetzt die Chance günstig. Wer investieren will, braucht...
Read More »Was, wenn den Bitcoin-Börsen die Bitcoins ausgehen?
Wenn den Bitcoin-Börsen die Bitcoins ausgehen würden, könnte dies zu erheblichen Problemen führen. Da Bitcoin eine digitale Währung ist, beruht ihr Wert und ihre Handelbarkeit auf dem Angebot und der Nachfrage. Wenn eine Börse nicht genügend Bitcoins hat, um die Nachfrage der Benutzer zu decken, könnte dies zu starken Preisschwankungen führen und das Vertrauen der Anleger in diese Börsen erschüttern. In einer solchen Situation könnten mehrere Dinge...
Read More »Internet Computer (ICP) Integrates Threshold-Schnorr Signatures for Enhanced Bitcoin Operations
Decentralized blockchain network Internet Computer Protocol (ICP) has successfully implemented threshold-Schnorr signatures to harness the potential of Bitcoin-based decentralized finance (DeFi) and web3. According to a release seen by CryptoPotato, the new cryptographic signature scheme will enable ICP smart contracts to etch the Bitcoin token standard, Runes, and trade BRC-20 tokens. Implementing Threshold-Schnorr Signatures Threshold-Schnorr is a digital signature scheme...
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