As we look towards the future of the cryptocurrency market, there are several catalysts that could potentially kick off the next bull market. One of these catalysts is the upcoming Bitcoin halving, a phenomenon that occurs approximately every four years. During a halving event, the supply of new Bitcoin is cut in half, which historically
Itau Unibanco, the largest bank in Brazil, has made its foray into the cryptocurrency exchange market by introducing a new trading service for its investment platform clients. The launch of this service allows users to trade the most popular cryptocurrencies, Bitcoin and Ether. This move signifies a significant step forward for Itau Unibanco, as it
In an ever-changing global marketplace, organizations are constantly seeking new ways to improve customer satisfaction and streamline their processes. One area that has significantly impacted business transactions is the adoption of cryptocurrencies. Despite the historical association of cryptocurrencies with the digital asset ecosystem, their potential benefits are often undervalued. To enhance the consumer experience, it
Bitcoin has experienced a significant surge, breaking the crucial $40,000 resistance level. This surge signifies a potential upward climb towards the $42,000 resistance level. The price action reveals a strong bullish momentum, indicating further positive movement for Bitcoin. BTC has demonstrated its resilience by successfully surpassing the $38,500 resistance zone as well as the $39,500
Aqua, the gaming NFT marketplace, has officially announced the cessation of its operations. In a post on LinkedIn, CEO Sean Ryan revealed that the platform could no longer sustain its operations due to the slower-than-anticipated scaling of the Web3 gaming market. Despite its vision and efforts to reshape the gaming experience, Aqua faced hurdles in
In a move that showcases the increasing integration of Bitcoin miners in the AI sector, German data center and Bitcoin mining operator, Northern Data, has invested an additional $360 million in GPUs to strengthen its cloud computing services. This strategic investment allows industry firms to leverage existing infrastructure and economies of scale. Northern Data’s AI-focused
The Chainlink (LINK) price has recently been gaining bullish momentum again, following a period of cooling off over the past few weeks. Despite the temporary sluggishness, the cryptocurrency has managed to maintain most of its profits and stay above the $14 level. Interestingly, the LINK price has recently surpassed the $16 mark for the second
Chainlink (LINK) has experienced a significant rebound, surging by over 240% from its yearly low in June 2023. This impressive recovery has caught the attention of market participants, who are now speculating on the possibility of further gains in the days and weeks ahead. Several on-chain and technical indicators suggest that the price of LINK
The frustration of Peter Szilagyi, the team lead of Ethereum, regarding his alma mater’s lack of interest in providing collaboration opportunities for students with Ethereum (ETH) is concerning. Despite his efforts to engage with students and promote the project, Szilagyi found the audience more interested in the price of Ethereum than its potential. This lack
A recent study conducted by the Ontario Securities Commission (OSC) and Ipsos revealed a decline in Canadians’ interest and enthusiasm for cryptocurrency investment compared to the previous year. The “Crypto Assets Survey 2023” conducted in late May included 2,360 Canadians representing a proportional cross-section of the population. The survey results indicate a prevailing skepticism towards
