Ethereum Blockchain’s Q1 2024 Success: Unveiling The Factors Behind The $370M Profit Surge

In Q1 2024, Ethereum (ETH) experienced a remarkable price surge of almost 100%, leading to significant gains. Beyond the price increase, Ethereum’s blockchain produced impressive earnings, amounting to approximately $369 million. This unanticipated profitability has sparked curiosity about how a blockchain network like Ethereum can become profitable. Ethereum Revenue Potential According to Token Terminal’s latest … Read more

Chainlink (LINK) Forms Bullish Pattern That Led To 50% Rally On Average

According to on-chain information, a particular pattern indicated by Chainlink’s on-chain data has historically resulted in an approximate 50% price surge for LINK. Chainlink 30-Day MVRV Ratio Has Plunged Analyst Ali shared insights on X’s newest post about Chainlink’s recent trend in the 30-day MVRV ratio. The “Market Value to Realized Value (MVRV) ratio” is … Read more

Bitcoin: Expect The Unexpected – Analyst Sees Unconventional Bull Run Post-Halving

Bitcoin‘s price has taken an unexpected dip prior to the Halving, defying experts’ assumptions. This unforeseen trend demonstrates Bitcoin’s unpredictable nature, as it often goes against anticipated price movements, effectively carving out its own course on the charts. Bitcoin Breaking The Mold Based on Bitcoin’s unpredictability, particularly in the last several months since the green … Read more

Bitcoin Price Still At Risk of Major Downside Break Below $60K

The price of Bitcoin is indicating a downward trend as it hovers beneath the significant resistance level at $63,000. In order to prevent a significant drop, Bitcoin needs to maintain its position above the critical support level at $60,000. Bitcoin is still struggling to start a recovery wave above the $63,000 resistance zone. The price … Read more

Aptos Labs Teams Up With Microsoft, SK Telecom For New Institutional Platform, APT Soars 3%

Notable tech companies, including Microsoft, Brevan Howard, and SK Telecom, have teamed up with Aptos Labs, the innovator behind the Aptos (APT) blockchain, to create a new decentralized finance (DeFi) system based on the Aptos L1 platform. Aptos Labs Unveils Aptos Ascend On Thursdays announcement, Aptos Labs unveiled their new project, Aptos Ascend. This innovative … Read more

Goldman Sachs On Bitcoin Halving: ‘It doesn’t Matter If It’s A Buy The Rumor, Sell The News Event’

Goldman Sachs analysts have shared their perspectives on how the upcoming Bitcoin halving might impact the digital currency’s price. They point out that this event is significant but that other more powerful influences are expected to determine Bitcoin’s future worth. Bitcoin Halving To Play Lesser Role In BTC’s Outlook Goldman Sachs analysts have advised clients … Read more