As the countdown to Bitcoin‘s halving reaches its final four days, previously inactive Bitcoin miners have sprung back to life. An intriguing update emerges with an old dormant Bitcoin wallet, last used nearly 14 years ago, showing signs of recent activity. There are indications that miners may be preparing for a sell-off following the upcoming … Read more
The pace of traditional finance (TradFi) institutions adopting cryptocurrencies is increasing rapidly around the world, fueled in part by anticipation surrounding Bitcoin‘s halving event. Notably, Germany’s largest federal bank, Landesbank Baden-Württemberg (LBBW), announced plans to collaborate with crypto exchange Bitpanda to provide crypto custody services. Germany’s Top Bank and Bitpanda to Offer Crypto Custody In … Read more
Over the past weekend, Bitcoin‘s value decreased by approximately 8% due to heightened tensions between Iran and Israel. The digital currency had been attempting to surpass $70,000 and reach its peak of $73,000. However, the market bears have taken control, causing the price to plummet as low as $60,000. The Bitcoin community eagerly anticipates a … Read more
Bitcoin currently is priced at its weekly low of $65,487.44 following a 6% decrease. Previously, Bitcoin reached an all-time high of $73,750.07, surpassing previous records. However, due to recent market fluctuations, Bitcoin is now displaying bearish trends after exhibiting bullish behavior for the past month. Since the beginning of 2024, Bitcoin’s price has increased by … Read more
As the tax filing deadline nears, this event, combined with other influencing factors, causes noticeable market turbulence, notably in the crypto asset sector. In the US, the tax submission deadline falls on April 15th for most people. Yet, some states and specific individuals are granted extensions. Many market analysts believe that the weeks preceding a … Read more
Notable whale investors have significantly boosted their holdings of the meme-inspired cryptocurrency Shiba Inu (SHIB) at an astonishing rate, according to data from IntoTheBlock. Within a single day, these large investors amassed an impressive 2.85 trillion tokens. Intriguingly, the Large Holders Inflow metric shows an enormous increase of 208% compared to the day before, amounting … Read more
Elon Musk, a prominent tech entrepreneur, has expressed concerns about the potential risks posed by artificial intelligence that some in the AI community and critics might find contentious. Musk proposed pondering over the idea that the initial creation of AI occurred during Galileo’s era instead of present day. He brought up Galileo’s groundbreaking discovery of … Read more
To increase enthusiasm in the market, Shiba Inu‘s marketing head Lucie recently shared significant information about Shibarium’s tokens, DAMN (Shibaswap) and PIKA (Pre-sale), on platform X. This update, released during the crypto market recovery, attracted a great deal of interest from investors, instilling hope in Shiba Inu’s cryptocurrency project. Here’s an overview of the insights … Read more
As the Bitcoin Halving approaches, there’s palpable enthusiasm in the crypto world as everyone wonders what the consequences will be. At the same time, Ordinals, a service for recording data directly on the blockchain, is witnessing a significant increase in usage. In the world of Ordinals, there’s a bustling community of Non-Fungible Tokens (NFTs), with … Read more
The Hong Kong Securities and Futures Commission has given its approval for multiple applications to launch Bitcoin and Ethereum spot exchange-traded funds (ETFs). Some issuers, including HashKey, Bosera Capital, and China Asset Management, received approval from the regulatory body. According to CoinGecko’s latest report, Ethereum has experienced a price increase of over 5% within the … Read more