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Analyst Projects 30% Bitcoin Correction to $51K, Reviving the Bear Market Blues

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With the crypto market downturn continuing and digital assets continuing to dump, the bull market exuberance seems to have abruptly stopped. The well-known market expert “Cold Blooded Shiller” said on X on April 16 to his 269,000 followers that Bitcoin is “still the cloud that hangs over crypto.” Although Bitcoin has dropped 15% from its peak … Read more

Ethereum Whales Show Unwavering Confidence: Keep Adding to ETH Despite Recent Dip

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Whales of Ethereum (ETH) have started buying in bulk, with huge wallet holders amassing sizable holdings of the cryptocurrency. This action is a reaction to the recent decrease that most cryptocurrencies had over the weekend, including ETH. Analysts had anticipated that Ethereum was in a strong position to surpass its previous all-time high before to … Read more

FSCA Greenlights South Africa 59 Crypto Licenses

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The Financial Services Commission of South Africa (FSCA) has granted licenses to 59 bitcoin establishments that want to cater to the local populace. Only 199 of the 493 license applications that the FSCA received were complete, according to reports, leaving 262 pending. The FSCA’s regulatory body set a deadline of November 30th for cryptocurrency exchanges … Read more

Bitcoin ETF snapshot: The price increase of BTC stops last week due to outflows

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Last week, net withdrawals from US spot bitcoin ETFs occurred, which has only happened twice in the three months since the funds’ inception. According to BitMEX Research statistics, the 11-fund category lost $83 million in assets between April 8 and April 12. This is in contrast to net inflows of $485 million the week before. … Read more

When the Israel-Iran confrontation intensifies, we asked ChatGPT what the price of Bitcoin will be

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The value of many assets has been significantly impacted by Iran’s retaliatory attack against Israel on Saturday, April 13. This is because it has raised the risk for some vital supply routes, like the Hormuz Strait, and stoked concerns that the ongoing conflict in the region may spread to other countries. The world’s most popular … Read more

This week, Arbitrum will unveil a new token unlock worth 92.65 million ARB

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According to information from the Token Unlock app, Arbitrum will conduct a “Cliff Unlock” tomorrow, April 16, 2024, and release new ARB tokens into the cryptocurrency market. The app’s additional specifications indicate that the majority of the tokens to be put into the cryptocurrency market this week will be used in the layer-2 project’s impending … Read more

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