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
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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
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
In recent times, there has been a noticeable increase in crypto crimes globally, spurred on by the booming market. One of the most vulnerable groups being targeted by fraudsters are elderly individuals, who are often convinced through various means to exchange their funds for cryptocurrencies with the promise of substantial investment gains. This alarming trend
In the ever-evolving landscape of cryptocurrency, new coins and tokens are constantly being introduced. One recent launch that has piqued the interest of many in the crypto community is Poopcoin. Created by Jordan Castro, also known as Poopie, Poopcoin entered the market just ten hours ago and has already seen an impressive $60 million in
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
The news of Tigran Gambaryan, a Binance executive, taking legal action against the Nigerian authorities has sent shockwaves through the cryptocurrency community. The case, involving allegations of wrongful detention by the Office of the National Security Adviser and the Economic and Financial Crimes Commission, has sparked a fierce legal battle unfolding in Nigeria. The Fundamental
Cardano (ADA), the proof-of-stake blockchain platform, continues to make significant progress in technological advancements, as reported by Input Output Hong Kong (IOHK), the engineering firm responsible for the Cardano blockchain. The recent announcement by IOHK highlights crucial improvements across various aspects of the platform, signaling further growth and development for Cardano. One area of notable
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
Kerrisdale Capital recently released a report questioning the valuation of MicroStrategy shares, stating that the shares have become overvalued. The company argues that the premium at which MicroStrategy’s shares are trading, which represents over two and a half times the spot price of Bitcoin, is unwarranted. According to Kerrisdale Capital, BTC would need to be