Bitwise Asset Management points out that while the Bitcoin (BTC) halving is imminent, scheduled for April 20th, historical data shows that the price response following this significant event has often fallen short of expectations. In a blog post on April 16th, Bitwise mentioned that the price of Bitcoin had decreased during the month following the … Read more
Daily revenue decreased as well as the coin’s price. The sentiment and social data suggested that BNB could be set to recover. The quarterly income of BNB Chain experienced a decline following its latest announcement of significant growth between quarters. If you’re new to the scene, BNB Chain refers to the blockchain platform where developers … Read more
Since February 2023, the US dollar has experienced its strongest five-day gain, while Bitcoin (BTC) has declined. This is due in part to anticipation that interest rates will stay elevated and increased volatility surrounding Bitcoin’s upcoming April 2023 halving event. According to The Kobeissi Letter, the value of the dollar is expected to grow stronger … Read more
The analysis of a industry expert suggests that despite investor concerns over decreased profits following Bitcoin’s reward halving, the Bitcoin mining sector’s profitability remains robust. This viewpoint has led to a significant drop in Bitcoin mining shares, both in the US and abroad. However, these fears may not be justified. According to Mitchell Askew, the … Read more
According to Bloomberg ETF expert James Seyffart, it’s common for Bitcoin (BTC) exchange-traded funds (ETFs) to experience zero inflows over certain days and this shouldn’t be taken as a sign of the products underperforming or failing. The majority of US ETFs (exchange-traded funds) typically record no new investments on regular days, according to Seyffart’s statement … Read more
Railgun, a crypto privacy protocol, has refuted allegations that it has been utilized by North Korea and other sanctioned entities for laundering cryptocurrencies. They maintain that their zero-knowledge technology makes such activities impossible and claim there is no substantial proof to back up the accusations. As the Railgun platform approaches reaching a total value of … Read more