On April 18th, there was a large number of requests to sell Bitcoin futures contracts instead of buy on the 18th of April. This increase in demand for short positions raised concerns about potential further declines in Bitcoin’s price. Factors fueling this trend included a decrease in investments into Bitcoin spot exchange-traded funds and the … Read more
MSTR extended its weekly losses to about 20%. Bitcoin’s halving and ‘over-valuation’ concerns could offer sellers more edge MicroStrategy’s (MSTR) stock suffered significant losses, totaling over 19% in just one week. This downturn occurred right before Bitcoin’s (BTC) fourth halving event. Reaching an all-time high of $1999.99 on March 27th, the stock experienced a correction … Read more
the initiation of the Runes protocol hunt for the first satoshi in the halving block. This concurrent event could potentially hold even greater historical significance for Bitcoin (BTC). The second phase of Bitcoin In December 2022, the Ordinals protocol was introduced, marking a groundbreaking cultural shift on the world’s biggest blockchain. This development is frequently … Read more
Mark Scott, a lawyer involved with the OneCoin crypto scam now under investigation for fraud and money laundering charges, was allowed bail while he waits for his case to be appealed. On April 18th, Judge Edgardo Ramos granted bail to attorney Scott in the Southern District of New York’s United States District Court, three months … Read more
MATIC has a bearish market structure on the one-day chart The$0.8-$0.9 region, if revisited, would serve as resistance and could halt the bulls From April 9th to 13th, the price of Polygon [MATIC] dropped by approximately 38%. Lately, there have been efforts to push the price above a significant barrier at $0.73. AMBCrypto reported that … Read more
Using the Polygon SDK, Avail – a Web3 infrastructure platform – is distributing 600 million units of its native token, named AVAIL, as an airdrop to its users. In simpler terms, the Unification Drop acts as a bonding element among various blockchain groups. It acknowledges and compensates developers, governance participants, educators, rollup users, stakers, and … Read more