Dogwifhat (WIF) investors are redirecting their attention to a new green Initial Coin Offering (ICO) known as eTukTuk (TUK) in hopes of achieving substantial gains of up to 10,000% in 2024. Despite a decline from its recent weekly highs, WIF is currently trading around $3.46, a drop of almost 20% from its peak in the
Impact
Recent reports from analysts at CryptoQuant suggest that the impact of the upcoming Bitcoin halving event in 2024 on the price of BTC has significantly decreased. Previously considered a key driver of bullish momentum in the cryptocurrency, the halving event may not have the same shock value as anticipated by most experts in the field.
Price Drop Followed by Analyst Predictions Recently, Shiba Inu (SHIB) experienced a price drop causing concern among investors. The price dipped by 3% on a daily scale and a significant 20% on a monthly basis. However, despite this downturn, analysts are predicting a potential bullish trend in the near future. Optimism Supported by Outflows and
Bitcoin’s price has recently taken a hit, dropping from above $72,000 to around $69,300 within a short period. One of the major contributing factors to this decline is the upcoming release of the March Consumer Price Index (CPI) data on April 10. Market experts predict a potential rise in overall inflation, which could prompt the
The CEO of Marathon, the largest crypto mining firm in America, emphasized the significant impact of spot Bitcoin ETF approvals on the market. Fred Thiel mentioned in an interview with Bloomberg that the approval of ETFs has attracted capital into the market and expedited the price appreciation that would typically occur after a halving event.
Gunzilla Games, a prominent video game developer, recently made a groundbreaking announcement regarding the integration of the GUNZ blockchain into the popular NFT marketplace OpenSea. This strategic move will allow players to trade in-game items for Gunzilla’s highly anticipated first-person battle royale shooter, Off the Grid, along with any future games released on the Avalanche-based
The introduction of U.S. Bitcoin spot ETFs has seen a significant influx of $12.3 billion in net inflows within just three months. This surge has left many wondering about the impact these ETFs have had on the broader Bitcoin market. Glassnode analyst James Check delved into this question by analyzing the effect of Bitcoin ETFs
Toncoin has emerged as a strong contender in the world of cryptocurrency by overtaking Cardano in market capitalization. This shift in ranking signifies the growing popularity and value of Toncoin in the market. With a market capitalization of $23.1 billion, Toncoin has surpassed Cardano’s $21.5 billion, making it the ninth largest cryptocurrency by market capitalization.
With the highly anticipated Bitcoin halving event approaching, investors in the cryptocurrency space are eagerly awaiting the potential market growth that may follow. However, seasoned cryptocurrency expert Benjamin Cowen has issued a cautionary note, suggesting that Bitcoin’s price may experience a correction following the halving. Cowen has identified a trend that indicates a possible decline
Immutable, the blockchain gaming company, has recently unveiled an exciting development in the world of blockchain gaming. Their latest expansion pack, Dread Awakening, brings a whole new level of gameplay to their popular trading card game, Gods Unchained. What sets this expansion apart is the unique crossover with the highly anticipated blockchain game, Guild of