As the countdown to the highly anticipated 2024 bitcoin halving event approaches, the cryptocurrency community is buzzing with excitement and speculation. Social media platforms are flooded with discussions and chatter about the upcoming halving, indicating a potential for significant price movements in the volatile crypto market. This surge in social media activity has sparked both
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Shiba Inu (SHIB) has faced a recent decline in value, mirroring the broader cryptocurrency market correction that occurred on April 12. While SHIB has dropped by 6% on a weekly scale and 20% in a month, there are optimistic signals suggesting a potential rebound on the horizon. Renowned analysts such as Rekt Capital and crypto
The recent dip in the Bitcoin price, with a flash crash causing a drop from $70,000 to below $67,000, has left many investors wondering about the future of the current crypto bull cycle. The inability of Bitcoin to reach its recent all-time high of $73,737, set in mid-March, has added to the uncertainty surrounding the
The cryptocurrency market recently experienced an unexpected downturn on April 12th, leading to a significant decrease in the prices of Bitcoin and other major altcoins. This sudden decline in prices caused a ripple effect resulting in massive liquidations across the market. While the exact cause of this widespread price dip remains unclear, there are several
Hannah Phung, a lead analyst at on-chain analytics platform SpotOnChain, recently shared her insights on the potential impact of Bitcoin Halving on the flagship cryptocurrency’s price. According to Phung, historical data suggests that Bitcoin’s price typically experiences significant increases approximately 6 to 12 months after the Halving event, rather than immediately. Past Halving events have
Cryptocurrency enthusiasts have been closely watching Bitcoin as it approaches the $70,000 threshold, showing signs of recovery after a recent dip. With the highly anticipated Bitcoin Halving event on the horizon, Rekt Capital, a prominent cryptocurrency analyst, has shared insights into three key stages of the event for investors to monitor. Before the actual halving
American author and financial educator Robert Kiyosaki recently expressed his support for a $2.3 million per Bitcoin prediction made by Cathie Wood’s asset management firm, Ark Invest. Kiyosaki stated that he trusts Wood’s opinion and believes that BTC has the potential to reach such a high value under the right circumstances. In February, Ark Invest
The price of Bitcoin has once again risen bullishly, breaking through the $70,000 barrier and demonstrating strength for an upward movement. Crypto Jelle, a popular cryptocurrency expert and Bitcoin enthusiast, has made a bullish forecast for the crypto asset, citing the $82,000 level in the short term. Jelle highlighted that after a fakeout, Bitcoin retested
In a recent development, the Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury has commended crypto exchange Coinbase for its substantial contributions to major criminal investigations. This acknowledgment signifies the pivotal role played by Coinbase in aiding law enforcement efforts through its compliance and reporting practices. The acknowledgment from FinCEN comes
The European Securities and Markets Authority (ESMA) recently issued a warning about the high concentration levels in the crypto market. The agency expressed concerns about the potential impact of a single asset or exchange failure on the entire crypto ecosystem. ESMA found that a small number of assets, such as Bitcoin (BTC), Ethereum (ETH), and
