As the Bitcoin halving approaches, professional traders and investors are closely monitoring changes within the cryptocurrency’s ecosystem. Historically, excitement builds up around these events, with a bullish trend emerging in the months following rather than right on the day of the halving itself. This is due to the gradual effect of decreased mining rewards on … Read more
At the Bitcoin Policy Summit in Washington, D.C., Chair of the US House Financial Services Committee, Representative Patrick McHenry, expressed optimism about the possibility of passing digital asset legislation before he leaves politics, which he has announced will be after the 2025 elections. McHenry pointed out that there isn’t a clear definition or legal framework … Read more
On April 9, Toncoin (TON) surpassed Cardano (ADA) to rank as the nininth-largest cryptocurrency by market capitation. Will Toncoin’s meteoric growth persist? TON becomes the ninth-largest crypto After a 13% surge in its daily price, TON reached $6.65 by 1:45 p.m (UTC), making it the ninth largest cryptocurrency with a $23 billion total value in … Read more
On Feb. 26, 2024, a discreet modification appeared on the Ethereum Foundation website. A GitHub commit announced the deletion of the website’s footer and warrant canary. The statement explained that this action was taken following a confidential inquiry from a state authority, which was made voluntarily. A warrant canary is essentially a notice or symbol, … Read more
When the COVID-19 pandemic emerged in early 2020, it brought devastation to individual lives and global economics. The crypto sphere also took a hit as the cryptocurrency market crashed in March of that year. In just one day, Bitcoin’s value against the dollar dropped by 52%, while Ether saw a loss of 43%. This sudden … Read more
Bitcoin’s decision was uncertain following the April 9 opening of the Wall Street market, as a cautionary note about potential macroeconomic data causing a drop in its value was issued. Analysis: Bitcoin whales may leverage “hot” CPI print Based on the data from CryptoMoon Markets Pro and TradingView, Bitcoin’s value against the US dollar fell … Read more