Russian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments
Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also…
BNB Price May Have Another Chance For A Bullish Streak: Here’s How
BNB price is attempting a fresh increase from the $515 zone. The price could gain bullish momentum if it clears the $572 resistance zone. BNB price started a fresh increase after it found support near the $515 zone. The price is now trading below…
Ethereum Price Faces Crucial Test: Will $2,850 Withstand the Pressure?
Ethereum price is still consolidating near the $3,000 zone. ETH could start a steady increase if the bulls push the price above the $3,100 resistance. Ethereum is still struggling to recover above the $3,100 resistance zone. The price is trading…
Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency
The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the country. In a recent press release, the institution reinforced that purchasing cryptocurrency with funds held in…
Bitcoin Price Still At Risk of Major Downside Break Below $60K
Bitcoin price is showing bearish signs below the $63,000 resistance zone. BTC must stay above the $60,000 support zone to avoid a major decline. Bitcoin is still struggling to start a recovery wave above the $63,000 resistance zone. The price is…
Bitcoin Miners Always Sell Into Halvings, Is This Time Any Different?
On-chain data shows Bitcoin miners have always sold as Halvings have occurred. With the next one just around the corner, how are miners behaving this time? Next Bitcoin Halving Is Less Than Two Days Away Now In a CryptoQuant Quicktake post, an…
Bitcoin: Expect The Unexpected – Analyst Sees Unconventional Bull Run Post-Halving
Bitcoin has been moving lower ahead of the Halving event, going against analysts’ expectations. This price action has been unexpected and shows how the coin tends to go against predictions, basically charting its path. Bitcoin Breaking The…
Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation
Hong Kong customs officers arrested three individuals involved in a HK$1.8 billion ($228 million) money laundering operation that utilized a cryptocurrency platform and bank accounts of shell companies, with investigations revealing suspicious…
Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However…
Chainlink (LINK) Forms Bullish Pattern That Led To 50% Rally On Average
On-chain data shows that a Chainlink indicator is currently forming a pattern that has led to an average 50% increase for LINK in the past. Chainlink 30-Day MVRV Ratio Has Plunged In a new post on X, analyst Ali discussed the latest trend in…
Ethereum Blockchain’s Q1 2024 Success: Unveiling The Factors Behind The $370M Profit Surge
Not only has Ethereum (ETH) seen an impressive rise of nearly 100% in the first quarter of 2024 in terms of price action, but the Ethereum blockchain has also generated substantial profits of up to $369 million during this period. This unexpected…
Bitcoin Halving: Goldman Sachs Downplays Impact of ‘Buy the Rumor, Sell the News’
Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price…
Bitcoin Could Drop To $52,000 If Price Breaks Below This Mark – CryptoQuant
Amidst the ongoing fluctuations in the cryptocurrency market, the price of Bitcoin has surged by 1.7% in the past 24 hours, hovering above the $62,000 mark. However, recent warnings from CryptoQuant, a leading crypto analytics platform, suggest…
Bitwise: Bitcoin Halving Is a ‘Sell the News’ Event, Market Underestimates Long-Term Impact
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but…
Crypto Analyst Predicts Cardano Rally To $3 As Price Reaches ‘Ultimate Support Test’
Crypto analyst Trend Rider has drawn Cardano (ADA) holders’ attention to the crypto token’s potential to experience a significant price rally soon enough. Based on Trend Rider’s analysis, Cardano could rise to as high as $3 when this happens. …
SEC Chair Gary Gensler’s Social Media Post Led Some to Believe He Was Resigning
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s social media post expressing that “it’s been an honor to serve” as SEC chairman sparked speculation within the crypto community that he might be resigning from his…
Aptos Labs Teams Up With Microsoft, SK Telecom For New Institutional Platform, APT Soars 3%
In a notable collaboration, Aptos Labs, the developer of the Aptos (APT) Layer-1 (L1) blockchain, announced a partnership with tech giants Microsoft, Brevan Howard, and South Korean telecommunications company SK Telecom for a new decentralized…
This Bitcoin Halving Is Different. But Is It 'Priced In'?
Institutions launching Bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — will be relatively muted this time, as any pontential bump is…
Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools
A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation…
Goldman Sachs On Bitcoin Halving: ‘It doesn’t Matter If It’s A Buy The Rumor, Sell The News Event’
Analysts at Goldman Sachs, a leading global banking and investment management firm, have offered valuable insights into the anticipated effects of the forthcoming Bitcoin halving, on the price of the cryptocurrency. They emphasize that while the…
This article is featured in Bitcoin Magazine’s “The Halving Issue” and is sponsored by HIVE Digital Technologies LTD as part of Bitcoin Magazine’s “Buy The Numbers” content series. Click here to get your Annual Bitcoin Magazine…
Report: Mango Markets Exploiter Convicted in Multi-Million Dollar Crypto Fraud Case
A U.S. federal jury has convicted Avraham ‘Avi’ Eisenberg on charges of commodities fraud, commodities manipulation, and wire fraud due to his involvement in the $116 million exploit of Mango Markets, a Solana-based decentralized…
PSG Token Soars After Paris Saint-Germain Defeats Barcelona; CITY Dips Following Elimination of English Champions
The value of the fan token for the French football club, Paris Saint-Germain, briefly surged from just over $4.30 to $5 after they knocked the Spanish football giants, FC Barcelona, out of the UEFA Champions League. However, the token for the…
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill's authors, Sen. Cynthia Lummis (R-Wyo.).
Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst
Bearish signals are looming over the crypto market these days and will almost certainly push prices down in the short term, well-known research analyst Markus Thielen said.
XRP Bulls Roar: Analyst Foresees Explosive Surge With ‘God Candle’ On The Horizon
XRP investors are eyeing a potential price surge, and one analyst forecasts an optimistic outlook for the cryptocurrency. Dark Defender, a prominent figure in the XRP community, has drawn parallels between the current market movement and the 2017…
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