Following the completion of the Bitcoin halving event, industry analysts and market experts are now focused on predicting a significant bull run based on historical trends in the BTC market. A crypto analyst known as ecoinometrics has made a bold prediction, suggesting that the leading cryptocurrency could potentially reach a six-figure price level in the
The recent Bitcoin halving event has had a significant impact on the cryptocurrency industry by reducing the miners’ block rewards by half. This has effectively decreased the daily issuance of BTC, leading to a potential price rally. The halving, which occurs approximately every four years, plays a crucial role in Bitcoin’s supply system and inflation
In the first quarter of 2024, the NFT trading space experienced a significant surge in volumes, reaching a total of $4.7 billion across the top 10 marketplaces. Leading the pack was Blur, which recorded $1.5 billion in volume and captured a 27.6% market share. However, Magic Eden emerged as a major competitor, surpassing Blur in
MicroStrategy founder Michael Saylor has been strategic in his approach to selling shares of his company, with a carefully planned stock-sale agreement put in place. Over the past four months, Saylor has sold up to 370,000 shares, amounting to a staggering $372.7 million in value. This falls under the terms of an agreement made last
Over the past month, ADA, the native token of the Cardano network, has experienced a significant decline of 18.77% in its price. This negative price movement is in line with the broader cryptocurrency market, which has been affected by substantial drops in the price of Bitcoin. Despite these challenges, renowned crypto analyst Ali Martinez has
One of the key figures in the crypto space, Rekt Capital, recently shared insights on the potential timeline for the next Bitcoin market peak. With the Bitcoin Halving event looming between April 20 and 21, there has been anticipation surrounding the impact this event will have on BTC’s market trajectory. Despite the upcoming Halving, Bitcoin
Following a period of corrective retracements, Ethereum has found support within a crucial zone that includes the 100-day moving average at $3050 and the price range between the 0.5 ($3190) and 0.618 ($2972) Fibonacci levels. This area is significant as it attracts demand and may prevent further downward pressure from sellers. Additionally, a minor bullish
Bitcoin’s fourth halving has recently taken place, marking a significant event in the cryptocurrency industry. This halving has reduced the Bitcoin block reward from 6.25 BTC to 3.125 BTC, ultimately impacting the daily issuance of Bitcoin by cutting it in half to around 450 Bitcoin. This reduction will continue until the final BTC is mined
Crypto exchange HashKey recently announced its decision to cease support for Binance-related transactions. The Hong Kong-based platform shared that it will limit deposits from Binance starting on May 10 and discontinue virtual asset withdrawals to Binance-hosted wallet addresses by May 17. This move comes as a part of a policy change by HashKey, though specific
The once-prominent FTX exchange recently made headlines for emptying its FTT treasury account, transferring a staggering amount of assets to a new wallet address on April 18. According to Arkham Intelligence’s dashboard, the transferred assets included 195.87 million FTT tokens valued at approximately $247 million, 1,938 ETH valued at around $6 million, and 6.36 million
