The price of Bitcoin (BTC) has likely already bottomed from a sharp pullback that followed new all-time highs last week, according to popular price analyst Willy Woo. The analyst provided a list of “good news” and ”bad news” surrounding Bitcoin’s fundamentals on Thursday, comparing the asset’s recent consolidation to that of past bull market cycles. Has Bitcoin Bottomed Yet? Woo began with a look at Bitcoin’s Spent Output Profit Ratio (SOPR), an on-chain metric gauging...
Read More »Mintlayer Upgrades Staking Program for ML Token Holders
CoinspeakerMintlayer Upgrades Staking Program for ML Token Holders The Mintlayer sidechain enables users to create a decentralized ecosystem on the Bitcoin blockchain, including DeFi, smart contracts, atomic swaps, NFTs, and dApps. Mintlayer Upgrades Staking Program for ML Token Holders
Read More »OKX to Reportedly Discontinue Service in India: Users Directed to Close Positions
Cryptocurrency exchange OKX has reportedly said that its services in India are being discontinued due to local regulations. In an email notification sent on March 21st, the platform urged users in the country to close their positions by the end of April. The latest development comes on the heels of a continued crackdown on global crypto exchanges by the Indian government. OKX Calls its Quits India has intensified its efforts to tackle illegal operations by exchanges within...
Read More »Bitcoin (BTC) Price Recovers But Danger Still Looms: QCP Capital
Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term...
Read More »Crypto Whale Earns 18,986 Solana (SOL) after Investing in New Meme Coin SMOLE
CoinspeakerCrypto Whale Earns 18,986 Solana (SOL) after Investing in New Meme Coin SMOLE SMOLE, SLERF, and Shroom are all meme coins based on the Solana network. Over the past few weeks, the protocol has seen an influx of memes on the ecosystem, propelled by the recent rally in the market. Crypto Whale Earns 18,986 Solana (SOL) after Investing in New Meme Coin SMOLE
Read More »Avalanche Foundation Announces $1M Mining Incentive Memecoin Rush Program to Improve Ecosystem Liquidity
CoinspeakerAvalanche Foundation Announces $1M Mining Incentive Memecoin Rush Program to Improve Ecosystem Liquidity Avalanche will off $1 million in incentives via the Memecoin Rush program to improve liquidity and general accessibility of community coins. Avalanche Foundation Announces $1M Mining Incentive Memecoin Rush Program to Improve Ecosystem Liquidity
Read More »ETFS Capital Intensifies Pressure on WisdomTree amid Strategic Disagreement
CoinspeakerETFS Capital Intensifies Pressure on WisdomTree amid Strategic Disagreement Despite the public rejection, ETFS Capital moves its campaign directly to WisdomTree's broader shareholder base. ETFS Capital Intensifies Pressure on WisdomTree amid Strategic Disagreement
Read More »Behind Bitcoin Halving 2024: Insights, Trends, and Speculations
CoinspeakerBehind Bitcoin Halving 2024: Insights, Trends, and Speculations According to the research, BTC price exhibited a huge spike both before and after the last halving event. Behind Bitcoin Halving 2024: Insights, Trends, and Speculations
Read More »Bitget Lists Toadie (TOAD) – Unlocking a Realm of Possibilities in the Memecoin World
[PRESS RELEASE – Victoria, Seychelles, March 21st, 2024] Bitget, a leading cryptocurrency exchange and Web3 company, is thrilled to announce the listing of Toadie (TOAD), a memecoin project that transforms NFTs into gateways to a vibrant digital ecosystem. In the captivating universe of Toadie, NFTs transcend traditional digital collectibles, serving as keys to unlock a realm of endless possibilities. Toadie introduces an innovative concept where NFTs are more than just...
Read More »Decline in Bitcoin (BTC) Wallets Reflects Market Fear, But There’s A Catch
Bitcoin and the rest of the crypto market have recovered, wiping out most of the losses incurred during the recent correction. Besides this latest recovery, the leading asset could see more positive returns in the near future, according to the latest data. Bitcoin Non-Zero Wallet Addresses Drop Santiment’s recent analysis of Bitcoin’s network activity revealed a notable decline in the number of total non-zero coin wallets over the past 10 days, with a net difference of...
Read More »