Vaibhavv Ali
Bitcoin (BTC) is currently trading marginally above $64,000, having challenged it throughout the most of the morning’s trading in Asia. According to Jun-young Heo, a derivatives trader at Singapore-based Presto, “unexpectedly higher U.S. treasury yields, a stronger dollar, and geopolitical risks in the Middle East weighed down on crypto markets.” Yeo claimed that the futures … Read more
Bitcoin’s price has dropped in anticipation of its April 20 halving and the Fed’s anticipated rate-cut pause in May as the US dollar gains momentum. While Bitcoin BTC has decreased during that period due to instability in the cryptocurrency ahead of its April 20 halving and the expectation that interest rates would remain high, the … Read more
This suggests that the market is in a very bearish trend. In addition, SHIB’s market capitalization has decreased by 12% to $12.7 billion, with $1.9 million worth of trading activity every day. According to Shibburn, Shiba Inu’s token burn rate has increased dramatically during the last day, leaping by an astounding 25,035.22%. The community’s strong … Read more
Santiment data shows that in just two days, the trading volume of XRP was halved. XRP had a $4.87 billion volume on April 14. However, the figure had dropped to $2.43 billion as of this writing. Volume serves as a gauge of market interest. It indicates a high volume of trading when it rises. On … Read more
Google’s chief AI officer announced on Monday that the business will invest more than $100 billion in developing AI technology, after his comparison of the billions of dollars invested in AI development to the frenzy around cryptocurrencies. During a TED conference in Vancouver on Monday, Demis Hassabis, the CEO of Google DeepMind, answered questions regarding … Read more
Recent remarks made by Iraq’s Deputy Prime Minister Muhammad Ali Tamim have sparked conjecture in the Bitcoin community over Iraq’s possible nation-state involvement into Bitcoin mining, amid a noteworthy diplomatic engagement between the US and Iraq. Will Bitcoin Mining Begin in Iraq? Deputy Prime Minister Tamim spoke with US Secretary of State Antony Blinken about … Read more
According to a recent survey, Ethereum has emerged as the most frequently reported victim of blockchain breaches in 2024, with 33 incidences. According to data from Smart Betting Guide, BNB Chain has experienced the most number of hacking incidents (14) in 2024, second only to Ethereum. While Bitcoin has only seen two incidences, Arbitrum and … Read more
According to a recent study by Kaiko Research, South Korean cryptocurrency exchanges are engaged in a fierce battle over fees. Exchanges are eager to gain popularity by imposing minimal costs at the same time. Market dynamics are driven by fee competition According to the estimate, Upbit will be the top exchange in the South Korean … Read more
Even after a 10% weekly decline in trust in the largest cryptocurrency, some traders believe that global politics and the need for an investment hedge could propel a Bitcoin (BTC) increase in the upcoming months. Since its creation in the aftermath of the 2008 financial crisis, bitcoin has been regarded as a potential hedge against … Read more
Cardano’s (ADA) path to $1 is still beset by difficulties; the token had a large sell-off that mirrored the overall decline in the cryptocurrency market. In fact, the token’s recent price fluctuations have earned it the moniker “zombie crypto” because of the perception that it hasn’t made any meaningful development. Notably, veteran cryptocurrency trader Alan … Read more