As the Bitcoin Halving event is set to take place between April 20, Bitcoin’s market movement has been less pronounced, with the asset currently priced at $64,578. Analyst Rekt Capital has pointed out that historically, Bitcoin tends to reach its peak in the bull market between 518 and 546 days after a Halving event. Based
Bitcoin’s fourth halving recently occurred, reducing the Bitcoin block reward from 6.25 BTC to 3.125 BTC. This event is anticipated every four years and has significant implications for the cryptocurrency industry. The daily issuance of Bitcoin has now been cut in half, standing at around 450 Bitcoin compared to the previous approximately 900. This reduction
HashKey Exchange, a crypto trading platform based in Hong Kong, recently announced its decision to cease support for Binance-related transactions. The exchange stated that starting May 10, it will restrict deposits from Binance and by May 17, it will no longer support virtual asset withdrawals to Binance-hosted wallet addresses. This move comes as a result
The recent incident involving the FTX exchange emptying its FTT treasury account has raised significant concerns within the crypto community. The transferred assets from the FTT Treasury wallet include a substantial amount of FTT tokens, ETH, and JOE tokens, totaling hundreds of millions of dollars. This move has drastically reduced the balance of the Treasury
The landscape of scientific publishing is undergoing a significant transformation with the emergence of blockchain technology. Traditional gatekeepers who have long benefitted from the work of scientists are now being challenged by the decentralized nature of blockchain. This shift has the potential to create a more equitable distribution of resources and knowledge within the scientific
In a recent interview, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, made a compelling forecast regarding the future price of Bitcoin. He suggested that following the upcoming halving event, Bitcoin could potentially soar to $200,000. This prediction comes amidst a period of significant volatility in the cryptocurrency markets, fueled by geopolitical tensions
Binance, the world’s largest cryptocurrency exchange, was once banned by the Indian government. However, after agreeing to pay a penalty of approximately $2 million, Binance is now set to make a comeback in the Indian market. The agreement includes oversight by the finance ministry’s Financial Intelligence Unit (FIU), where Binance will have to comply with
The gaming industry is on the verge of a significant transformation with the recent announcement of Sony and Microsoft’s plans to integrate blockchain technology into their consoles. This move signifies a major shift in the gaming landscape, particularly in the realm of web3 gaming. Blockchain technology, known for its association with cryptocurrencies, is a decentralized
The US SEC recently filed an amended complaint in its case against Justin Sun and other defendants, arguing that Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action. According to the regulator, Sun traveled extensively to the US while he and several companies carried out unregistered offers and
The cryptocurrency market has been experiencing significant fluctuations, with Bitcoin’s price surging by 1.7% in the past 24 hours, reaching above the $62,000 mark. However, CryptoQuant, a leading crypto analytics platform, has issued warnings suggesting that Bitcoin could face a substantial downturn to $52,000 if specific key levels are breached. This cautionary note comes at
