Markets

With the Bitcoin (BTC) halving only hours away, analysts are at odds over whether the one-in-four-years event is already “priced in” to the crypto market. According to Bitwise CIO Matt Hougan, the answer is yes – but it comes with some important nuance. The Bitcoin Halving And Efficient Markets In a Twitter thread posted on Friday, Hougan acknowledged that the halving is both “well-known” and predictable for all market participants. Specifically, at block 840,000, the newly...

[PRESS RELEASE – Seychelles, Mahe, April 19th, 2024] ScapesMania, a new project in the blockchain space, is set to engage with the burgeoning casual gaming market, which is projected to reach $19.12 billion by 2027 according to industry forecasts. Overview of ScapesMania Inspired by successful blockchain gaming projects during previous bullish market cycles, ScapesMania combines traditional gaming experiences with blockchain technology, creating a dual Web2 and Web3...

Bitcoin’s fall to $61,000 over the weekend was a result of market participants reducing their exposure to the digital asset ahead of the halving slated for April 20, according to the latest CryptoQuant weekly report. Analysts said traders closed their long positions to take profits, and now, the volume of sell orders in the perpetual futures markets is dominating buy orders. This is evident in the Buy Sell Ratio, which has declined below one. The ratio rallies above one when...

TL;DR Ripple CEO Brad Garlinghouse emphasized the company’s commitment to global expansion despite regulatory challenges in the US. The firm’s progress may be fueled by a positive outcome of the trial against the United States Securities and Exchange Commission. Ripple’s Roadmap Brad Garlinghouse – Chief Executive Officer of Ripple – recently unveiled the company’s strategy for the near future. He assured that expanding globally remains a top priority while the regulators in...

A federal jury has convicted crypto trader Avraham Eisenberg of fraud and market manipulation. The charges stemmed from Eisenberg’s exploitation of Mango Markets, a decentralized finance (DeFi) protocol built on the Solana blockchain. Eisenberg Convicted for Market Manipulation Eisenberg, 28, was found guilty by jurors in a federal court in Manhattan on charges of commodities fraud, commodities manipulation, and wire fraud. “Avraham Eisenberg executed a manipulative trading...

2024 so far has made the cryptocurrency market popular. Early and new investors alike are making informed decisions, following up with trends and mitigating risk looking for the next best asset to invest in. The meme coin crypto community has been making gains in the crypto space recently, with investors farming coins and reaping huge returns from it. However, most of these meme coins only rely on hype and cannot provide real-world utility and sustenance. The BEFE...

Ein Glitch ist somit das unerwartete Ergebnis einer Fehlfunktion, die neben Computerspielen auch bei anderweitiger digitaler Software auftritt. In einem Bullenmarkt, also einer Phase steigender Kurse, können Kryptowährungen wie Bitcoin hohe Renditen erzielen. Allerdings ist es wichtig, sich der Risiken bewusst zu sein und verschiedene Strategien anzuwenden, um erfolgreich zu sein. Strategien: Hodling: Die einfachste Strategie ist es, Bitcoins zu...

Bittensor (TAO) and Stacks (STX) have been lead decliners in the crypto market crash after a dip in the U.S. stock market and Middle Eastern conflicts. Due to rapid price declines, their investors are shifting to new prominent investment avenues for potential gains and sustainable growth in the upcoming bull market after halving.  Bittensor (TAO) price retracts to $466 level after making ATH Bittensor (TAO) stands as a leading project in the AI-crypto space. The...

Bitcoin cash price started a fresh decline from the $570 zone against the US Dollar. The price is now trading below the $550 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $505 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $525 resistance zone. Bitcoin cash price is struggling below the $550 zone against the US Dollar,...

Binance has announced that it is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC). Following the $1B conversion into USDC, this stash now makes up approximately 3% of Circle’s total circulating supply, which is $32.6 billion. SAFU Assets Shift to USDC for Stability In an April 18 announcement by Binance, the exchange emphasized the importance of SAFU in its ecosystem. Binance stated, “SAFU continues to be a core part of our responsibility to the...