Illustration: Westend61 (Getty Images) After days of tumultuous trading, Bitcoin finally reached $65,000 Friday morning, thanks to its big halving event. The jump in Bitcoin price is a relief for investors as giant banks such as JPMorgan and Goldman Sachs were less confident about the top cryptocurrency in their recent reports. TSMC beat on Q2
A closely followed crypto strategist believes if Dogecoin (DOGE) takes off, then another memecoin stands to benefit from the hype. Pseudonymous analyst Inmortal tells his 212,500 followers on the social media platform X that Floki (FLOKI) is poised to have a breakout on April 20th, dubbed “DOGE Day” by the memecoin’s supporters. “Will pump DOGE on
Asia Dispatch The advent of ETFs for Bitcoin and Ether in Hong Kong is raising hopes about China’s crypto demand. A couple of Chinese asset management firms are in the mix. Some analysts say demand may not materialise. When Hong Kong approved the rollout of spot Bitcoin and Ether ETFs on April 15, one of
Bitcoin and crypto have typically seen average or downward trends in Q2 and Q3 in recent years. With the halving just one day away, mining Bitcoin will become more expensive, so miners might start selling their Bitcoin. Elja in his X post presents an open view of the current state of the cryptocurrency market, highlighting
April 18: Safe, a provider of blockchain smart accounts, has “welcomed the senior leadership team of Multis to the Safe Ecosystem Foundation and completed the strategic acquisition of the Multis source code,” according to the team: “Thibaut Sahaghian, former CEO of Multis, will take on the role of network abstraction lead within the Safe ecosystem.
“The masses are always wrong. Wisdom is doing everything the crowd does not do,” American poet and novelist Charles Bukowski said. That holds true for crypto too, and the crypto crowd is beginning to lean bearish on bitcoin (BTC) – a sign the current BTC price sell-off may soon run out of steam. “Historically, prices
Bitcoin is getting jittery before the big ‘halving’ event scheduled for Friday. The top cryptocurrency fell to $59,900 on Wednesday for the first time since early March, almost 17% below its all-time high. Could Middle East tension escalate oil prices? Many of the other major cryptocurrencies also dropped Wednesday, including the second-largest, Ether, which has gone
Bitcoin’s next quadrennial halving is imminent – now likely to happen Friday or early Saturday. But a large number of the 15-year-old blockchain’s developers and users are turning their attention to an event that’s expected to take place immediately following the halving: the launch of Casey Rodarmor’s Runes protocol. Rodarmor’s big project release last year
Alex Wacy, a prominent crypto influencer, recently shared insights and strategies for navigating the volatile market conditions, particularly focusing on the potential opportunities in the upcoming altcoin season. In a series of posts on X, Wacy outlined key actions and considerations for investors seeking to capitalize on market movements. Buy Fear, Sell Greed Wacy emphasizes
Bitcoin mining companies are facing a notable decrease in stock value in anticipation of the upcoming halving. Shares of Marathon Digital Holdings, Riot Platforms, and CleanSpark have declined for three consecutive days. Marathon Digital Holdings, the largest public Bitcoin miner, lost nearly 25% of its stock value in the past month, while Riot Platforms lost