London-based Nickel Digital has issued caution over the recent uptrend in crypto volatility, claiming that this was not 'a new normal'.
The post Record Q1 crypto volatility is ‘not a new normal’ — Nickel Digital appeared first on Crypto Briefing.
As the market approaches Bitcoin's fourth halving on April 19, let's explore five intriguing facts about this phenomenon that may surprise even the most seasoned crypto-enthusiasts.
Tether and Telegram’s Web3 ecosystem are coming closer together with USDT and XAUT launch on the TON blockchain.
The bankrupt FTX exchange emptied its FTT treasury account to a new wallet address on April 18. Arkham Intelligence’s dashboard showed that the transferred assets from the FTT Treasury wallet include 195.87 million FTT tokens valued at approximately $247 million, 1,938 ETH valued at around $6 million, and 6.36 million JOE tokens worth $3.25 million. […]
The post FTX empties FTT treasury wallet, transferring assets worth over $250 million appeared first on CryptoSlate.
These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.
Over $290 million in crypto liquidations occurred in 24 hours as bitcoin rebounded 5% to near $65K ahead of its halving event.
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The post Bitcoin Price Prediction: BTC Price Poised to Hit This Level in Next 12 Months appeared first on Coinpedia Fintech News
The recent slump in Bitcoin prices following Iran’s attack on Israel has sparked questions about the perception of cryptocurrencies as safe-haven assets during times of geopolitical uncertainty. Let’s read an honest review of these price movements and the broader outlook for Bitcoin. BTC to $200,000 if this happens In a recent interview on CNBC Squawk …
The latest price moves in bitcoin (BTC) and crypto markets in context for April 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The digital gold rush is back on. With the next Bitcoin halving event just around the corner, excitement in the cryptocurrency world has reached a fever pitch. Google Trends data reveals a record-breaking surge in global searches for “Bitcoin halving,” with scores hitting an unprecedented 45 and analysts predicting a potential climb to a perfect […]
JPMorgan stands by a bearish Bitcoin forecast post-halving, with a target of $42,000 due to high production costs and market overvaluation.
The post JPMorgan doubles down on $42,000 Bitcoin price forecast post-halving appeared first on Crypto Briefing.
Crypto trading sensation Ansem, known on X (formerly Twitter) as @blknoiz06, has directed the market’s gaze towards the Bitcoin Runes ecosystem, labeling it as the nascent grounds for the next 100x crypto opportunity, as NewsBTC reported yesterday. Ansem, whose prowess is well-documented through his previous astronomical gains of 170x on Solana (SOL), 520x on dogwifhat (WIF), and 80x on Bonk (BONK), stirred the crypto community with his recent Dogecoin comparison. On the cusp of Bitcoin’s highly anticipated halving today, Ansem doubled down on his initial assessment, particularly highlighting two tokens within the Bitcoin Runes ecosystem: Bitcoin Wizards (WZRD) and PUPS. He equates WZRD with Dogecoin, suggesting it has the potential to mirror Dogecoin’s viral success. In contrast, he compares PUPS to the lesser-known but highly profitable dogwifhat (WIF). Related Reading: Elon Musk Latest Tweet: How Much Did Dogecoin Gain From It Today? In a tweet that caught the eye of both investors and enthusiasts, Ansem elaborated on his reasoning behind the picks, stating: Great thread, been saying, I believe Runes are next asymmetric 100x opp in crypto. The meme that got DOGE founder interested in Bitcoin & the phrase magic internet money is still used today – representative of bitcoin culture. DOGE equivalent = WZRD, WIF equivalent = PUPS. Ansem references a thread on X by Immutable Edge (@ImmutableSOL), who delved into the historical and cultural significance of the “Magic Internet Money” meme, originally sparked by mavensbot’s viral Reddit ad. The “Magic Internet Money” meme dates back to February 18, 2013, when mavensbot, a digital artist, submitted a hand-drawn depiction of a blue wizard to promote Bitcoin on Reddit. This ad, created during Bitcoin’s early adoption phase, was crucial in cultivating a cultural ethos around Bitcoin. It resonated deeply within the community, encapsulating the whimsical yet revolutionary nature of Bitcoin’s rise. The ad’s simplicity and authenticity resonated with the Reddit community, propelling Bitcoin from a niche internet experiment to a major financial phenomenon. Within weeks of the ad’s debut, Bitcoin’s value surged from $27 to a record high of $1,132 by November 2013. Related Reading: Dogecoin Flashes Weekly Golden Cross: Why This Analyst Believes The Bull Rally Is Far From Over Bitcoin Wizards, one of the highlighted tokens, aims to rekindle this original spirit. The token leverages the iconic imagery and cultural narrative of the “Magic Internet Money” meme to foster a new wave of interest and adoption. The creators of WZRD are not only paying homage to Bitcoin’s roots but are also embedding this storied meme within the mechanics of a modern cryptocurrency, aiming to capture both nostalgia and innovation. The Bitcoin Wizards project is part of the broader Bitcoin Runes ecosystem, which reached a lot of hype prior to its launch. According to Ansem, WZRD’s history and deep roots in memes give it the perfect ingredients to become the next Dogecoin, just on Bitcoin Runes. Moreover, the analyst assessment comes at a critical time for the crypto market, which is often influenced by the narratives that capture the community’s imagination. As the Bitcoin halving event unfolds, many eyes will be on the Bitcoin Runes ecosystem to see if it can indeed replicate the meteoric rises seen in BRC-20 tokens and Ordinals. At press time, WZRD traded at $12.15, up 70% in the last 24 hours. Featured image created with DALL·E, chart from TradingView.com
Stablecoins are the foundation of the DeFi ecosystem. Given the relatively high barriers to entry for fiat currencies and the operational complexities associated with bridging Bitcoin into DeFi protocols, they are the crucial conduits through which liquidity flows and fuels the sector. Tracking the distribution of stablecoins and their market caps across different blockchain platforms […]
The post Stablecoin distribution reveals liquidity patterns in DeFi appeared first on CryptoSlate.
The post Bitcoin Whales Make Massive Move as Bitcoin Price Surges to $65K – Are Bulls Back? appeared first on Coinpedia Fintech News
Throughout the week, both Bitcoin and altcoins experienced a continuous drop in value, which began following increased tensions between Iran and Israel over the weekend. This decline led Bitcoin to fall below $60,000, sparking worries among investors. Meanwhile, such a drop made some investors nervous and caused them to stay away from the market, others …
The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.
Cryptocurrency leader Bitcoin is in the limelight as Anthony Scaramucci, the founder of SkyBridge Capital, makes a daring forecast, envisioning BTC to reach an astounding $200,000 in the long run, as the digital asset continues to draw in investors from all around the world. Scaramucci Optimistic About Bitcoin Long-Term Growth SkyBridge Capital founder Anthony Scaramucci […]
Governments and major financial institutions are actively building open-source blockchain solutions on the Linux Foundation’s Hyperledger tools.
Utilizing blockchain-based mapping enables decentralized storage of huge data, resolving latency concerns during data access and sharing.
The post TIA Price Hints A Bullish Reversal! Celestia Price To Hit $15 Soon? appeared first on Coinpedia Fintech News
The cryptocurrency industry has displayed a bullish reversal as the top crypto tokens have added over 5% in their respective portfolios within the past few hours. Furthermore, the price of Bitcoin has successfully crossed the $64K mark, indicating a positive outlook for the market this week. The Celestia price has recorded a significant jump of …
The post Raul Pal’s Crypto Market Outlook: Bitcoin to Reach $100K Amidst Altcoin Boom appeared first on Coinpedia Fintech News
The cryptocurrency market is moving fast, even faster than the internet did. Despite recent ups and downs, experts are positive about its future. Some cryptocurrencies have dipped lately, partly because people aren’t investing as much in Bitcoin funds. But everyone’s talking about the upcoming Bitcoin halving event in 2024, which could send prices soaring again. …
The post NEO Price $30 This Month With Buyers Dominating $17 Retest appeared first on Coinpedia Fintech News
As the selling pressure stress reduces over the market, many altcoins are resurfacing into the top-performers list. Amongst them, the NEO price showcases strong potential to surge in the coming days. With an ongoing bull run, the NEO token is overcoming the shortfall during the minor correction phase. With this, the chances of another surge …
The post Navigating the New Crypto Cycle: Top Altcoins to Watch in 2024 appeared first on Coinpedia Fintech News
Cryptocurrency is booming like never before, attracting a lot of money. But there is also fear and FUD in the market right now because of the Fed rate cut decision and geopolitical issues circling crypto. Bitcoin is facing the Top and top-and-bottom cycle, bringing a good chance for other low-cap coins to capture the market. …
Bitcoin’s price momentarily exceeded $65,000 as the market reacted to seemingly reducing geopolitical tensions between Israel and Iran. During the past week, the crypto industry slumped amid escalating tensions in the Middle East and plunged again in the early hours as news broke of Israel’s retaliation on Iran. However, following the muted response from Iran […]
The post Bitcoin soars to $65,000 as Israel-Iran sparring looks to conclude appeared first on CryptoSlate.
Bitcoin liquidates shorts as seesaw BTC price moves accompany changing geopolitical signals.
In a post on X, Frederik Gregaard, CEO of the Cardano Foundation, articulated the imminent advancements towards a decentralized governance structure, marked by the introduction of an interim constitution. This initiative precedes the anticipated Chang hard fork, which will herald the Voltaire era of community-driven governance on the blockchain. The Interim Constitution For Cardano Gregaard’s […]
Litecoin (LTC) is proving its toughness in the wild world of crypto. Even with recent ups and downs in the market, Litecoin is holding steady, making investors hopeful about its future. While its price dipped a bit, experts and some charts are pointing towards a big comeback for LTC. Related Reading: Toncoin Unleashes DeFi Monster Growth: TVL Soars 300% In A Month Stability In The Midst Of Market Swings Litecoin’s recent performance stands in stark contrast to the broader market trend. While its price did experience a correction, dropping from a peak of $112 to its current value around $81.12, the decline has been relatively muted compared to other cryptocurrencies. Analyst Insights And Bullish Predictions Financial experts are taking note of Litecoin’s recent performance. Matthew Dixon, CEO of Evai.io, has highlighted LTC’s resilience compared to Bitcoin during this period of market volatility. He attributes this stability to the possibility that Litecoin may have already completed a corrective phase, a period of price adjustment often followed by an upward trajectory. This suggests that Litecoin could be poised for significant growth in the near future. $Ltc#Ltc Gave Golden Chance For Those Who Missed Earlier Bouncing From Trendline Still Expecting Move Towards 250-300$ In Coming Months https://t.co/Uyv82IeTpp pic.twitter.com/bYo4cQ9ylx — World Of Charts (@WorldOfCharts1) April 15, 2024 Adding to the optimistic outlook is respected crypto analyst World Of Charts. Their analysis suggests advantageous entry points for investors considering Litecoin. Additionally, they have identified a robust support level, which acts as a price floor and prevents excessive downward movement. Based on these factors, World Of Charts forecasts a target range of $250 to $300 for LTC in the coming months, expressing strong confidence in its potential for substantial growth. LTC market cap nearing the $6 billion level. Chart: TradingView.com Litecoin Starts Q2 With A Dip, But Investors Eye Rebound Litecoin (LTC) has gotten off to a rocky start in Q2, with its price falling 12% from $112 to $96. This decline can be attributed to two main factors. First, a broader market correction is impacting cryptocurrencies across the board. Second, some investors who bought in during Litecoin’s Q1 surge from $72 to $112 may be taking profits, further pressuring the price. Related Reading: All Quiet On The Bitcoin ETF Front – Should You Be Paranoid? Despite the recent slump, there are reasons for Litecoin investors to remain optimistic. Many investors still believe in the long-term potential of LTC, and some experts predict a price rise to $150 by June. The upcoming Bitcoin halving event, which some believe will drive up Bitcoin’s price, could also have a positive spillover effect on Litecoin. LTC price action in the last 24 hours. Source: Coingecko Featured image from Pixabay, chart from TradingView
GBTC again led the outflows, while inflows into BlackRock's IBIT continued to slow, provision data from Farside show.
Bitcoin's rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.
Gambaryan’s lawyer, Mark Mordi, criticized the prosecution for failing to file a response to the additional affidavit submitted with his bail application.
The U.S. FBI found that the Akira ransomware group has been targeting businesses and critical infrastructure entities in North America, Europe and Australia since March 2023.
The post Will Ethereum-Based Tokens Rebound As Top Altcoins Stumble Again? appeared first on Coinpedia Fintech News
The cryptocurrency industry continues to record bearish sentiment as top altcoins continue struggling to hold prices above their crucial support levels amid the ongoing market correction. Further, the leader of altcoins, ETH price, hovers close to the $3K mark, indicating a weak price action. Following this, the newly launched altcoins on the Ethereum blockchain have …