As the countdown to the much-anticipated 2024 bitcoin halving event nears its climax, the cryptocurrency world finds itself amidst a whirlwind of excitement and speculation. Social media platforms have become abuzz with discussions surrounding the impending halving, according to data from Santiment. This increase in social media chatter indicates a potential for significant price movements
Impact
The crypto market experienced a sharp decline on April 12, catching many by surprise. The price of Bitcoin and other altcoins plummeted, resulting in massive liquidations across the board. While there are various theories as to what caused this sudden downturn, including a correction in the US stock markets, the exact reason remains elusive. The
Bitcoin’s market capitalization has been making headlines recently, hitting an all-time high of over $1.43 trillion and currently standing at around $1.32 trillion. With the upcoming halving event, many are speculating on whether BTC’s market cap could reach $3 trillion. While some industry participants are optimistic about this possibility, others, like Marathon Digital’s CEO Fred
The impact of Bitcoin Halving events on the flagship cryptocurrency’s price has been a topic of ongoing debate among analysts and experts. According to lead analyst Hannah Phung from SpotOnChain, historical data suggests that Bitcoin’s price tends to increase significantly around 6 to 12 months after the Halving event, rather than immediately. Past Halving events
Robert Kiyosaki, the renowned American author and financial educator, recently expressed his support for the $2.3 million per Bitcoin prediction made by Cathie Wood’s asset management firm, Ark Invest. Kiyosaki stated that he trusts Wood’s opinion and believes in her intelligence. He also mentioned that under the right circumstances, Bitcoin has the potential to reach
Dapper Labs, a prominent player in the NFT market with projects like NBA Top Shot and CryptoKitties, has recently faced scrutiny from the U.S. Securities and Exchange Commission (SEC). The investigation, although closed in September 2023, has sparked curiosity among many observers about the events that transpired. In this article, we will delve into the
Slothana has quickly emerged as the latest meme sensation on the Solana network, capturing the attention of meme coin enthusiasts who are eagerly stacking Slothana (SLOTH). This 420-friendly token has gained significant traction ahead of Bitcoin’s halving and the international stoner day on April 20. In just three weeks since its initial coin offering (ICO)
The Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury has recently commended the popular crypto exchange Coinbase for its significant role in aiding major criminal investigations. Through a letter addressed to Coinbase CEO Brian Armstrong, FinCEN highlighted how the exchange has assisted law enforcement efforts through its compliance and reporting practices.
Bitcoin has once again shown its strength in the market by breaking through the $70,000 barrier, indicating a bullish trend for the cryptocurrency. Crypto Jelle, a respected expert in the field, has made a bold prediction for Bitcoin, foreseeing a surge to $82,000 in the near future. He emphasizes that after a slight setback, Bitcoin
Binance, one of the leading cryptocurrency exchanges, recently made significant updates to its platform by adding 18 new cryptocurrencies to its loan program. This move aims to cater to current market trends and enhance user experiences. The addition of meme coins like dogwifhat (WIF) and Pepe (PEPE), along with established altcoins such as Hedera (HBAR)