Bitcoin’s bullish price trajectory ensures profitability amid challenges Halving could cause supply shock, driving volatility and price rise In the year 2024, Bitcoin (BTC) has shined exceptionally, fueled by the introduction of ETFs and marked by its fourth halving event. Moreover, miner conduct has undergone a noticeable transformation as well. More recently, information from CryptoQuant’s … Read more
Ethereum’s on-chain metric flashed a bullish sign on the charts However, key technical indicators suggested that the coin’s price may fall further. On April 18th, the Age Consumed metric for Ethereum’s ETH token reached a one-month peak. This surge was accompanied by a slight increase in the altcoin’s value, indicating that a potential local minimum … Read more
ORDI surged immediately after Bitcoin’s halving However, metrics suggest its price rally may be short-lived on the charts Over the past 24 hours, ORDI cryptocurrency token has experienced a significant price increase of over ten percent. This surge in value can be attributed to two key factors: the completion of Bitcoin’s fourth halving event on … Read more
Network got congested with more than 232,000 transactions waiting for approval Astronomical surge in fees was attributed to launch of Runes protocol The Bitcoin [BTC] currency experienced its fourth reduction in reward for mining earlier today, which might surprise you, but miners have been rejoicing since then. Rewards down, fees up As the compensation miners … Read more
Solana’s price surge v. failed transactions highlighted scalability challenges Anza’s fixes on the testnet addressed Solana’s congestion, but concerns linger After Bitcoin‘s [BTC] halving event has concluded, the cryptocurrency market shows signs of bouncing back. Currently, Bitcoin, as well as most other altcoins, are displaying positive price movements. Notably, Solana [SOL] experienced a significant increase … Read more
XRP erased some of its losses but data showed that it might not be enough While some traders bought the dip, the shorter EMAs signalled a downtrend Between the 13th and 17th of April, XRP‘s price dropped from $0.59 to $0.43. On the 18th of April, however, the price overcame the significant psychological barrier of … Read more