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XRP, like many cryptocurrencies, is struggling with price fluctuations. While it has seen a modest recovery in the last 24 hours, it remains down in weekly, fortnightly, and monthly charts, reflecting ongoing volatility in the market. Despite this, traders' renewed optimism is driven by a bullish prediction from a respected crypto analyst.
On April 20, 2024, the Bitcoin (BTC) network marked a significant milestone when block 840,000 was mined at 12:09 am UTC. This block, crucial to the fourth-ever Bitcoin halving, set a new record for the highest fees ever recorded in the maiden cryptocurrency's history.
Coin Center, a renowned non-profit organization that deals mostly with cryptocurrency issues, has very grave concerns about the Payment Stablecoin Act bill proposed by senators Lummis and Gillibrand. Championed by Senators Cynthia Lummis and Kirsten Gillibrand, the crypto assets would be stable, as per the bill, due to their pricing in U.S.
In a bid to inject a dose of market optimism into Shiba Inu, its marketing lead, Lucie, recently took to a post on X, spotlighting a hot trend for the dog-based meme cryptocurrency in India. The post shared by the marketing lead today, April 20, drew keen attention to Shibarium bridging, as the term emerged
A crypto trader identified by the wallet address “J1T5M
The fourth Bitcoin halving that was expected today is completed successfully, cutting miners' rewards in half to 3.125 bitcoins from 6.25. The value of bitcoin has been fluctuating leading up to the occasion, and dropped approximately 5% this week to be valued at around $63,880.
Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is currently at the center of attention. The platform's proposed upgrade, Injective 3.0, aims to revolutionize its tokenomics by introducing deflationary measures for INJ.
While most would expect TON to profit on the charts, that hasn't been the case.
Navigate the cooling crypto market by identifying meme coins to sell, protecting investments from the expected slowdown in assets.
Legendary investor Anthony Scaramucci has shared his view on future Bitcoin price in regard to the halving event that happened this Friday.
According to Kaiko, the increasing dominance of the Won can be attributed to the competitive fee landscape among Korean crypto exchanges.
The Bitcoin halving happened early this morning, but after a tumultuous week, the biggest digital asset is sitting still.
TL;DR 2024 Forecast: dYdX is expected to trade between $2.10 and $9.88, with a potential to soar by 344.40% if it hits the higher end. 2025 Projection: The value of DYDX could potentially surge by 737.65% to reach $18.26 under optimal conditions. However, a more conservative forecast suggests that DYDX might surpass the $5.
Bitcoin has been endeavoring to shift its trajectory from a downturn to an upswing. However, despite its efforts, the coin has remained on a downward trend for several days following its inability to surpass its previous all-time high of $73,833.
Moustache, a prominent crypto trader, recently conducted a comparison of altcoin trends from 2016-2017 and 2021-2024. This analysis has intrigued the crypto community by revealing surprising similarities between these two distinct periods. Despite the difference in timelines, Moustache's study suggests that altcoin market cycles may soon exhibit an altcoin rally.
The Bitcoin Halving event, a significant milestone in the crypto world, concluded on Friday, April 19. Moreover, now the BTC mining rewards have been reduced from 6.25 BTC to 3.125 BTC.
With the US Internal Revenue Service (IRS) issuing a draft of Form 1099-DA as a means to report digital asset transactions, the tax agency is taking steps forward to better manage the tax situation concerning the broader adoption of cryptocurrencies. In addition, self-reporting is planned as a law that should be enforced in 2025.
The cryptocurrency market has recently witnessed the 2024 Bitcoin halving, an event that significantly reduces the reward for mining BTC by half, aimed at limiting its new supply.
As the digital realm buzzes with excitement, Bitcoin aficionados worldwide gather to witness a pivotal moment in the cryptocurrency's journey: the Bitcoin Halving 2024. This much-anticipated event marks the fourth halving since Bitcoin's inception, unveiling a myriad of implications for investors and the broader crypto market landscape.
One of the most anticipated events of the cryptocurrency industry, Bitcoin halving, has finally been completed. The crypto industry has waited four years for this event, making it the most trending topic on social media, with more than 109K posts on X alone.
Bitcoin (BTC) average transaction fees crossed the $100 mark for the first time on April 20, following the halving event. As the cost to transact rises, the majority of investors are either holding dust or unable to withdraw from exchanges.
Despite a pre-halving slump in ETF inflows, Bitcoin could resume its rally to new all-time highs as the next wave of institutional investors are preparing to gain exposure to BTC.
First proposed in September 2023, the RUNE protocol has gained significant attention from the crypto industry following its launch. The new token is designed to streamline the fungible tokens on the Bitcoin blockchain. The RUNES protocol minters have already spent more than 80 Bitcoins in fees to acquire these tokens.
As blockchain technology grows in use cases, expect to see more DAO use cases as organizations seek to give power and a voice to their communities.
