Bitcoin recently experienced a decline in price after briefly surpassing the $72,000 mark on April 8. This downturn is attributed to various factors, with a significant one being the anticipation of the release of the March Consumer Price Index (CPI) data on April 10. Market experts are forecasting a potential increase in overall inflation, which
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The boss of Marathon, America’s largest crypto mining firm, recently discussed the impact of spot Bitcoin ETF approvals on the market. Fred Thiel mentioned in an interview with Bloomberg that the ETF approval accelerated what would have been the post-halving rally. This approval attracted capital into the market and brought forward the price appreciation that
Gunzilla Games has recently made headlines with their announcement of integrating the GUNZ blockchain into the popular NFT marketplace OpenSea. This move is not just about enabling the trading of in-game items, but it signifies a shift towards empowering players with true ownership of their digital assets. With the GUNZ blockchain developed on a custom
During a recent Senate hearing, Senator Tim Scott criticized the current US administration for focusing on digital assets as the main source of terrorism financing. He expressed concern that the Treasury’s exclusive requests for expanded authority over cryptocurrencies are overlooking more significant and traditional sources of funding, such as Iran’s $35 billion in oil exports
The introduction of Bitcoin spot ETFs in the U.S. has been met with significant interest, with $12.3 billion of net inflows recorded in just three months. This influx of investment has raised questions about the impact of these ETFs on the broader Bitcoin market. Glassnode analyst, James Check, recently provided insights by analyzing the effects
Toncoin has recently made a significant move in the world of cryptocurrencies by displacing Cardano from its position in the top 10 largest cryptocurrencies by market capitalization. This change was reflected in the data from CoinMarketCap, which showed Toncoin reaching a market capitalization of $23.1 billion, surpassing Cardano’s $21.5 billion at the time the ranking
As the cryptocurrency community eagerly anticipates the upcoming halving event of Bitcoin, there is a sense of excitement mixed with caution in the air. Renowned cryptocurrency expert Benjamin Cowen has sounded a note of warning, suggesting that a potential market correction may be on the horizon if historical patterns are anything to go by. Cowen
The article discusses the rise of ANSEMWIF, a spin-off meme coin inspired by influencer Ansem’s viral presence on Crypto Twitter. The coin saw a meteoric rise in value, reaching an all-time high before experiencing a significant retracement. The author highlights the volatile nature of meme coins and the potential for high-risk, high-reward scenarios. While the
Immutable, the blockchain gaming company, has recently unveiled its latest expansion pack called Dread Awakening for the popular trading card game, Gods Unchained. This groundbreaking expansion features a crossover with the highly anticipated blockchain game, Guild of Guardians. Set to be released on 23rd April, Dread Awakening will introduce 148 new cards, marking a significant
Trading expert Peter Brandt has recently made comments on the Ethereum vs. Bitcoin chart, providing valuable insights into the current market dynamics. Brandt, known for his previous criticisms of Ethereum, where he referred to it as a “junk coin” and its supporters as “Etheridiots,” seems to have shifted his perspective. Despite Ethereum’s recent decline to
