Ethereum has been struggling to maintain its leading position among other cryptocurrencies in the market. The bearish trend affecting the entire cryptocurrency sector has particularly impacted ETH. In the past month, Ethereum experienced a decline of over 11%, suggesting it is losing steam compared to Bitcoin. As the Bitcoin halving event approaches in April 2024, … Read more
In about three days, the Bitcoin network will undergo a technical process called halving, which cuts in half the number of new Bitcoins generated with each block mined, thereby decreasing the total circulation supply by roughly 50%. According to Oklink’s latest update, we are now three days and fifteen hours away from the next Bitcoin … Read more
Cardano is frequently overlooked because of its complexities and exclusive community. Yet, taking the time to explore it could reveal distinct attributes that set it apart. Each of these features offers something noteworthy. Multiple swaps on multiple DEXes in one transaction Exchanging tokens is a fundamental function, yet Cardano has advanced it with an innovative … Read more
During a massive cryptocurrency market sell-off, the path of Ethereum‘s price has become a topic of great interest for traders and analysts. Simultaneously, the drop in Bitcoin‘s price has intensified the downturn in the larger crypto market. Significantly, during heated debates about possible drops, important resistance points become vital markers for investors’ moods and predicted … Read more
In the early hours of the US trading day, the cryptocurrency market experienced another unexpected selloff, resulting in over $30 million worth of trades being liquidated within an hour. The price of Bitcoin dipped from $63,340 down to a low of $61,600, representing a 6% decrease in value for the day. The cost of Ethereum … Read more
Over the weekend, tensions in the Middle East caused significant turbulence in the cryptocurrency markets. The situation arose when Iran responded to the bombing of its embassy in Syria with drone and missile strikes against Israel. These actions heightened concerns about potential conflict in the region, leading investors to seek out safe-haven assets for protection … Read more
The cryptocurrency based on the Shiba Inu dog theme, SHIB, has experienced a significant surge in its destruction rate, rising by over fourfold (489%). Based on data from the Shibburn X report, approximately 19.35 million SHIB tokens were eliminated from circulation in the past 24 hours, representing a substantial increase of 489.87% in the token … Read more
Today, within the cryptocurrency community, there’s been a lot of buzz about a large Bitcoin transaction worth $483 million. According to Whale Alert data, this transfer was made by an anonymous entity using the address “1Eob1.” The recipient of these 7,690 BTC was Coinbase, the leading cryptocurrency exchange in the US. Notably, the Bitcoin was … Read more
Samson Mow, an early Bitcoin backer and CEO of the Bitcoin adoption-centric Jan3 company, recently shared on Reddit his prediction for when the significant price increase for Bitcoin, referred to as “Omega time,” may occur. Additionally, he shared some thought-provoking insights about the upcoming Bitcoin halving, scheduled for this week. Here’s when “Omega time” comes: … Read more
As the Bitcoin Halving approaches with great excitement in the cryptocurrency community, there is a mix of eagerness and anxiety in the air. Investors are preparing for possible price fluctuations in Bitcoin. The head of Crypto.com, Kris Marszalek, shares his perspective on what we might expect from the market. Significantly, he has raised concerns about … Read more