In about two days, the 2024 Bitcoin halving will take place, leading to different predictions regarding its impact on the BTC price. To better comprehend potential price movements, it’s helpful to examine historical trends when similar events occurred. Bitcoin Price Trends For Previous Halvings Three significant events called “halvings” have occurred since Bitcoin’s creation in … Read more
Data from the blockchain indicates that approximately 69% of PEPE investors are currently making a profit, following a recent drop of around 26% for the meme coin over the last seven days. 69% Of All PEPE Addresses Are Carrying Some Gains Right Now On X’s latest update from market intelligence platform IntoTheBlock, they share insights … Read more
Before the upcoming fourth Bitcoin halving and the first crypto conference in Dubai, Centrifuge (CFG) revealed the completion of their Series A funding round, amassing $15 million. The financing was spearheaded by ParaFi Capital and Greenfield, attracting notable investors globally. Some of CFG’s investors include Arrington Capital, Bloccelerate, Borderless Capital, Circle Ventures, Edessa Capital, Gnosis, … Read more
The value of Chainlink’s native token, LINK, has been decreasing for some time now. Over the last six days, the price drop has intensified in line with the general market trend. However, an analyst based on platform X has offered investors a potential ray of optimism. The value of LINK, which motivates users in the … Read more
Amidst the crypto industry’s ongoing turmoil following the recent cyberattack between Iran and Israel, Hello Pal, a widely-used social messaging app along with various business entities, reported an impressive increase in revenue for its crypto mining sector during the previous year. Based on a recent announcement, the crypto mining branch of Hello Pal has brought … Read more
Bybit, a well-known cryptocurrency exchange and trading platform, has recently published a report focusing on the anticipated effects of the upcoming Bitcoin halving on the Bitcoin supply within the crypto market. The report sheds light on how this event will increase scarcity and significantly impact Bitcoin’s price. Exchanges Set To Face Bitcoin Supply Crunch On … Read more
Chad Steingraber, an experienced game developer and industry expert, has shared reasons why XRP, the digital currency linked to Ripple Labs Inc, hasn’t met expectations in terms of performance, despite recent alliances and efforts to enhance its payment functionality. XRP’s Trading Volume Decreases According to today’s CoinMarketCap update, XRP is currently priced at $0.4924, marking … Read more
BytePlus, the technological wing of TikTok’s owner ByteDance, has entered into a prolonged collaboration with Mysten Labs, the innovators behind the Sui blockchain’s foundational layer. On April 17, BytePlus announced its plans to leverage its expertise in AI and data storage to revolutionize the way web3 games and SocialFi projects operate within the Sui ecosystem. … Read more
According to experienced cryptocurrency analyst and trader Ali Martinez, there’s a potential scenario that could drive Bitcoin‘s price up to $86,000 in the near term. Bitcoin Movement Determined By Key Levels An optimistic viewpoint from the analyst brings up the potential for a significant increase in Bitcoin’s price trend, fueling excitement and curiosity within the … Read more
In the first quarter of the year, there was a notable jump of 55% in the overall investment expenditure for Web3 projects. This significant rise indicates a renewed enthusiasm among venture capitalists and other entities towards cryptocurrencies, blockchain technology, and the broader Web3 landscape. Based on the findings from the Q1 2024 OnChain Report by … Read more