Bitcoin Layer 2 solutions have gained significant traction this year but have also drawn their fair share of criticisms. Mempool founder Mononaut has strongly criticized them and pointed out several drawbacks from a technical standpoint. Interestingly, Mononaut’s stance gains support as Bitcoin Ordinals founder Casey Rodarmor. Bitcoin Layer 2 Under Fire The main objective of Bitcoin Layer-2 networks – which serve as secondary protocols built on top of the Bitcoin blockchain –...
Read More »Crypto Markets Lost Over $400B as Bitcoin (BTC) Slumped by $10K in 2 Days (Weekend Watch)
In yet another eventful and painful evening trading on Saturday, Bitcoin’s price tumbled by another five grand to a multi-week low of around $61,000. The alternative coins were hit even harder, with numerous double-digit price declines. The main culprit for this crash was the rising tension between Iran and Israel. BTC’s Rollercoaster Continues It was just 48 hours ago when BTC’s price hovered calmly above $70,000, and it even challenged $71,000, but to no avail. Yet, the...
Read More »Should You Buy BEFE, BRISE and CENX Stocks Amid Today’s Market Buzz?
The crypto market is an exciting roller coaster ride. Now, this digital currency is on the rise again. Bitcoin recently surged to an impressive $70,965 fueled by the increasing demand due to the approaching halving events. The whole crypto market is blooming owing to Bitgert’s ripple effect. Newly launched coins like BEFE, BRISE and CENX are also showcasing a fascinating edge in the market. BEFE Launched in Nov 2023 as Blockchain Ecosystem for Everyone, BEFE...
Read More »Halving Party à Strasbourg
Halving Party au Cheval Noir à l’occasion du quatrième halving de Bitcoin. Quand ? – Samedi 20 avril à partir de 19h30 Où ? – Au Cheval Noir, 38 Rue de la République à Hœnheim (près de Strasbourg) Le Cheval Noir accepte le bitcoin (on-chain et Lightning) En savoir plus : https://t.me/joinchat/QuFLKyOgwVubOqM_ – https://twitter.com/Math_Crypto_ ...
Read More »Meetup Becrypto à Liège
Notre meetup d’avril 2024 est planifié cette fois pour le LUNDI 22 à 19h00. Il se tiendra à LaGrandPoste, Quai Sur-Meuse 19 à 4000 Liège. C’est donc au même endroit que lors du meetup dernier que nous nous retrouverons ‘poste restante’ pour célébrer comme il se doit notre premier meetup ‘poste halving’ – le quatrième du nom… **SOCIAL MEETUP**Cet environnement magnifique, avec ses bars et ses...
Read More »US Treasury: Russia Turns to Tether (USDT) to Evade Sanctions
Wally Adeyemo, Undersecretary of the U.S. Treasury, released an official statement saying Russia is increasingly resorting to alternative payment methods, such as the stablecoin Tether (USDT), to evade sanctions and sustain its military operations. The hearing, titled “Countering Illicit Finance, Terrorism, and Sanctions Evasion,” marks the committee’s second discussion on the topic within the last six months. Russia Employs Tether to Evade Sanctions In his testimony, Ademayo...
Read More »Another $700 Million in Liquidations as Bitcoin (BTC) Dumps to $61K, Altcoins Bleed Out
The cryptocurrency markets plummeted on Friday evening, and the same violent scenario was repeated once again on Saturday. The entire market has bled out, with another $200 billion leaving the space. The total liquidations have skyrocketed to $700 million after the $900 million last night. BTCUSD. Source: TradingViewIt was all going well for the primary cryptocurrency until Friday evening, as the asset had calmed at around $70,000-$71,000. However, the situation changed...
Read More »Here’s How Much Bitcoin and Ethereum the US Govt Holds: Data
Over the past decade or so, countries around the world have resorted to seizing cryptocurrencies. The United States government stands at the forefront, boasting crypto holdings of almost $15.27 billion. This substantial stash includes 212.847k BTC and 45.654k ETH. US Leads with Holdings of $15.27B Silk Road is perhaps the most infamous case where the US government seized approximately 144,336 BTC in 2013. Silk Road was an online black market known for facilitating the sale of...
Read More »We Asked ChatGPT if Bitcoin’s (BTC) Market Cap Can Hit $3 Trillion After the Halving
TL;DR Bitcoin’s market cap may reach $3 trillion post-halving, driven by several important factors. Opinions on BTC’s future value vary, with optimistic projections as high as $100K, alongside broader industry growth expectations led by figures like Ripple’s CEO. The Halving’s Possible Impact Bitcoin’s market capitalization recently reached an all-time high of over $1.43 trillion, with the figure currently standing at around $1.32 trillion. The asset’s price performance has...
Read More »Here’s Why the Effect of Bitcoin Halving is Diminishing, According to CryptoQuant
Crypto market analytics platform CryptoQuant believes the effects of Bitcoin halvings have been diminishing and that the upcoming event will have an even smaller impact on BTC’s value. In the latest edition of the firm’s weekly crypto report, analysts said the effect of the halving has been reducing because the new issuance of BTC keeps getting smaller in relation to the number being sold by long-term holders, signaling that demand will be the key driver of prices...
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