As the Bitcoin Halving event approaches, with only a few blocks left before miners’ rewards are halved, all eyes are on the potential impact this event could have on the price of Bitcoin. Scheduled to occur around April 19 at Block 840,000, the Halving is a deflationary measure programmed by Bitcoin’s founder, Satoshi Nakamoto, to
Bitcoin
Many market analysts are focusing on Bitcoin as the Bitcoin Halving approaches, but crypto analyst Jason Pizzino has made a strong case for altcoins like Ethereum (ETH) and Solana (SOL). In a recent video on his YouTube channel, Pizzino suggested that Ethereum could potentially experience a breakout in the coming months. His analysis of the
Recently, Coinbase CFO Alesia Haas expressed her belief that Ethereum (ETH) should not be classified as a security. She highlighted the lack of regulatory clarity surrounding cryptocurrencies in the United States as the core issue. Haas emphasized the importance of a clear and consistent regulatory framework to protect consumers and companies like Coinbase. However, despite
Recently, the government of Argentina has taken a significant step towards regulating the cryptocurrency sector within the country. This move has stirred up mixed reactions within the crypto community, as it goes against the expectations set by the nation’s new leader, Javier Milei, who is known for his small-government libertarian views. The creation of a
Bitwise Asset Management, a prominent provider of cryptocurrency index funds, has recently suggested that the U.S. Securities and Exchange Commission (SEC) delay the approval of a spot Ethereum Exchange-Traded Fund (ETF) until December. This move comes amid the soaring success of the Bitwise Bitcoin ETF (BITB), which has garnered over $2 billion in assets under
Cryptocurrency analyst Rekt Capital recently discussed the potential breakout of Bitcoin (BTC) from a weekly range, signaling a possible upswing. The analyst identified a weekly range known as Black-Black, where Bitcoin has been trading since experiencing an 18% correction. This range was created by the candle-bodied peak and the upside-wicking peak from 2021. Rekt Capital
The ongoing surge in the price of Bitcoin has been attributed to the accumulation trend observed among large whale addresses. However, recent on-chain data reveals that this accumulation trend has also extended to the next cohort of traders known as “Sharks.” These addresses hold between 100 BTC and 1,000 BTC and have recently accumulated a
The Bitcoin price has seen a significant resurgence over the past week, leading to optimism in the cryptocurrency market. This renewed momentum has not only affected Bitcoin but has also resulted in profits for other major cryptocurrencies. The current price action of Bitcoin seems to be indicating a bullish trajectory, with the formation of an
The past week saw a significant increase in Bitcoin (BTC) prices, with the crypto asset surging by 9.34% to trade above $71,000, according to data from CoinMarketCap. This upward trend has left many BTC investors excited about the potential for large price gains in the current bullish cycle. However, amidst these optimistic forecasts, Bitwise CEO
CFTC Commissioner Caroline Pham recently expressed concerns about her agency’s charges against KuCoin, suggesting that they may infringe on the duties of the SEC. Pham acknowledged the enforcement action taken by the Division of Enforcement as aggressive, but raised questions about the interpretation of the allegations. Specifically, she pointed out that the complaint implies that