The New Zealand economy strategy-making body suggests becoming more open to advances in cryptocurrency. They presented various proposals to encourage the development of digital currencies in New Zealand. Andrew Bayly, New Zealand’s Minister of Commerce and Consumer Affairs, suggested refreshing the country’s hesitant stance towards exploring and implementing digital assets and blockchain technology innovations. He … Read more
BNB’s volume remains below $3 billion on the chart Volatility continues to be low too At the start of the month, Binance Coin (BNB) trading volume experienced a substantial increase, marking highs last observed in 2022. Since then, how has BNB fared, and is there any sign of imminent major price shifts? Binance Coin’s volume … Read more
Bitcoin (BTC) Old-timers seem prepared to sell their profits before the upcoming Bitcoin halving event, based on a widely used signal among cryptocurrency investors. The Value Days Destroyed (VDD) index has surpassed 4.0, causing crypto experts to ponder if this signal might mean the broader market’s bullish trend is coming to an end. “Has the … Read more
Bitcoin’s halving event could tarnish bullish expectations Cardano and MATIC are expected to rally, but investors should be prepared for short-term losses The Bitcoin halving, which reduces the reward for mining new blocks from 6.25 to 3.125 BTC, is expected to occur in about ten days. Despite this being publicly known, there are numerous other … Read more
On-chain analysis spotted a buy signal that participants might find useful MATIC’s price might hike towards $1.20 in the short term According to AMBCrypto’s assessment, the 23.64% drop in MATIC‘s value over the past month could represent a valuable buying opportunity. This view is supported by the altcoin’s negative Market Value to Realized Value (MVRV) … Read more
The decentralized staking platform EigenLayer on Ethereum, boasting over 13 billion dollars worth of assets, has officially gone live on the mainnet. However, certain notable features are yet to be released and are expected to be made available later in the year. In a blog post on April 9, EigenLayer revealed that they have introduced … Read more