The latest on-chain revelation suggests that the Bitcoin network has been experiencing a decline in high-value transactions over the last few weeks. This decline in activity has had a direct impact on the price of Bitcoin, which has been struggling to break out of consolidation throughout the month of April. Despite multiple attempts to hold
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In a recent survey conducted by accounting firm KPMG, it was found that institutional investors in Canada have significantly increased their exposure to cryptocurrencies compared to the previous bull market cycle. This trend indicates a growing interest in alternative asset classes as a hedge against debasement and as reliable stores of value in the face
The meme coin sector has seen a significant surge in growth, with coins like Dogecoin (DOGE) and Shiba Inu (SHIB) leading the way. Alongside these well-established tokens, newer players such as dogwifhat (WIF) and Pepe (PEPE) are also gaining traction within the market. This growth has resulted in the sector’s market capitalization briefly reaching over
The cryptocurrency world is currently in a state of excitement and speculation as a deep learning model has projected a significant increase in the price of Bitcoin (BTC) in the near future. Despite the AI’s optimistic prediction, financial experts are advising investors to maintain a sense of caution when interpreting the forecast. This article will
Crypto expert Peter Brandt has recently suggested that the peak of the current Bitcoin market cycle may have already occurred. He based his conclusion on his “exponential decay” thesis, which he believes could actually be beneficial for the Bitcoin ecosystem. Brandt pointed out that historical data indicates that Bitcoin’s price tends to peak at certain
Bitcoin has reached a new milestone in its transaction activity, with daily transactions peaking at 927,000. This surpasses the previous record of 724,000 set in December 2023, showcasing the network’s growing popularity and utility. The introduction of Runes, a new token standard on the Bitcoin blockchain, has played a significant role in driving this surge
The world of digital collectibles is rapidly evolving, with the rise of NFTs bringing new levels of immersion and utility to the crypto community. One groundbreaking project leading the way in this revolution is Jade ARdinals, which are bringing digital art items closer to reality than ever before. By leveraging augmented reality (AR) technology on
The recent surge in Ethereum withdrawals from centralized exchanges has raised questions about the direction of investor sentiment in the crypto market. With a significant amount of ETH being withdrawn, it is crucial to analyze what this could potentially mean for the price of the cryptocurrency. Investors are making strategic moves to secure their positions
The Spot Bitcoin ETFs have been facing a decline in demand since the beginning of the month, and this trend was highlighted by significant outflows on April 26. This decrease in demand has had a ripple effect on the broader crypto market, with Bitcoin’s price being impacted by unfavorable market conditions. Farside Investors recently shared
The recent data from analytics platform IntoTheBlock has shed light on a concerning trend within the Cardano (ADA) network. The report reveals a significant dip in profitability for ADA holders compared to other cryptocurrencies like Bitcoin and TRX. Only 35% of Cardano holders are currently seeing gains, which raises questions about the underlying challenges faced