Crypto

As crypto markets show signs of recovery, there is a busy week ahead in the United States economic calendar that could potentially refuel momentum for the bears. The Federal Reserve’s key inflation metric will be in the spotlight, impacting monetary policy going forward. New home sales figures, S&P Global Manufacturing PMI, and S&P Global Services
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The recent Bitcoin halving event has caused a reduction in miners’ block rewards, leading to a decrease in the daily issuance of BTC and potentially triggering a price rally. This major event in the cryptocurrency industry has sparked discussions about the impact of halving on meme coins, such as Dogecoin and Shiba Inu. The Bitcoin
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The NFT trading space witnessed a significant resurgence in the first quarter of 2024, with volumes across the top 10 marketplaces reaching a staggering $4.7 billion. The leading NFT marketplace during this period was Blur, recording $1.5 billion in volume and capturing a 27.6% market share, marking a significant increase from the previous quarter. Magic
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Ethereum has recently experienced a significant downturn, prompting concerns among investors. However, a closer look at the daily chart reveals an interesting trend. The price has found support within a crucial zone, consisting of the 100-day moving average at $3050 and the price range between the 0.5 ($3190) and 0.618 ($2972) Fibonacci levels. This zone
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Binance, the world’s largest cryptocurrency exchange, faced a ban from the Indian government due to its lax adherence to regulatory frameworks, including the Prevention of Money Laundering Act (PMLA) and the taxation framework for virtual digital assets (VDA). However, after agreeing to pay a hefty penalty of approximately $2 million, Binance is now set to
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Recent developments in the cryptocurrency world have seen a significant drop in stock prices for Bitcoin miners, with the upcoming halving event adding to the uncertainty. As the fourth Bitcoin halving approaches on April 20, mining rewards will be halved to 3.125 BTC, equivalent to around $200,000. Key players in the industry such as Marathon
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