Matt Hougan, the Bitwise CIO, expressed his views on the Bitcoin payments report recently released by the International Monetary Fund. He chose platform X to communicate his thoughts to the public. Bitcoin as a Tool for Economic Freedom Based on the Bitwise executive’s statement, the first cryptocurrency in terms of market value is primarily employed … Read more
After dipping below $60,000, Bitcoin‘s price rebounded strongly to surpass $66,000 during the recent halving event. Following a 70% price increase in Q1 of 2024, Fidelity Digital Assets has updated their mid-term perspective on Bitcoin from optimistic to neutral. Fidelity Digital Assets pointed out that Bitcoin’s current selling pressure arises because it is no longer … Read more
On April 23rd, the Flare API Portal, which offers infrastructure support for Flare, announced an expansion of their interchain services. Now, Cosmos Hub is included in their offerings. The API Portal’s interchain ecosystem on Flare is designed to enhance the developer experience by making it more functional and accessible when working with blockchain technology. The … Read more
Due to President Nicolás Maduro’s broken election promises leading to fresh US sanctions in 2023, Venezuela is turning to cryptocurrencies as a solution to cope with economic hardships. According to Reuters, sources close to the matter revealed that PDVSA, the national oil company, is exploring crypto for exporting oil and crude to circumvent challenges. PDVSA … Read more
XRP, supported by Ripple Labs, showed signs of growth among top altcoins as Bitcoin‘s price momentarily surpassed $67,000 in the previous 24 hours. Based on current market information, XRP was priced at around 55 cents during early trading in London on Tuesday. This represented a nearly 3% increase from the previous day. With a fully … Read more
After the fourth Bitcoin halving occurred last week, the mining rewards have been cut in half, resulting in a significant decrease in miner earnings. Nevertheless, PayPal has put forth an enticing new plan to encourage Bitcoin miners who utilize eco-friendly energy sources. The objective is to make it financially beneficial for Bitcoin miners to adopt … Read more
a meme coin craze. Many investors suffered significant financial losses when they invested in quirky dog and cat-themed, or simply bizarre, tokens that failed to deliver on promises of impressive returns, leaving them feeling disappointed and financially bruised. Solana Stampede: A Frenzy Of Frivolous Finance Spurred on by social media excitement and the anxiety of … Read more
Geoff Kendrick, the digital assets research leader at Standard Chartered, has once again expressed confidence in Bitcoin reaching $150,000 by year-end, despite market instability and geopolitical pressures. In an extensive conversation with BNN Bloomberg, Kendrick emphasized the influential factors of ETF investments and impending halving occurrences shaping Bitcoin’s value. Why Bitcoin Is Set For A … Read more
BNB price is attempting a fresh increase from the $550 zone. The price cleared the $600 resistance and might extend its increase above $630. BNB price started a fresh increase after it cleared the $550 resistance zone. The price is now trading above $580 and the 100 simple moving average (4 hours). There is a … Read more
A new assessment presents an optimistic outlook for Bitcoin‘s future, assuming a moderate growth rate. According to Michael Sullivan on X, Bitcoin may surge to an astounding $245,000 in the next five years if it only manages a 30% annual increase. Bitcoin Projections: From Conservative To Exponential Growth The investigation examines different ways Bitcoin could … Read more