Posts published on April 16, 2024 go to media archive 2/3

Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction

Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but "few understand how normal corrections like these are in bull markets," one observer noted.

Arkham Releases Top 5 Crypto Rich List – You Won’t Believe How Much Is Inaccessible

Arkham Intelligence, an industry leader in on-chain data tracking, has released a list of the richest people in crypto according to their wallet balances. This list has been making the rounds in the crypto community due to the top 5 alone being…

Bitcoin Has Next Major Demand Zone At $56,000: Brace For Impact?

On-chain data shows the next major Bitcoin demand zone is around $56,000, a level BTC might end up revisiting if the decline continues. Bitcoin Has Next Major On-Chain Support Around $56,000 According to data from the market intelligence platform…

Imminent BTC Supply Squeeze: Bybit Report Suggests Bitcoin Exchanges to Run Dry in 9 Months

As the crypto landscape evolves, a significant tightening in bitcoin’s available supply on exchanges has emerged, hinting at just nine months of reserves left. Bybit’s latest halving report unveils the reasons behind this tightening…

Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar

The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield synthetic dollar. The newly introduced stablecoin is engineered to uphold a self-sustaining peg via…