The price of Bitcoin dipped under $60,000 momentarily in the run-up to the anticipated halving event. However, despite this brief setback, many traders continue to hold a positive view for Bitcoin’s future value due to recurring bullish trends and increasing institutional investment. Bitcoin remains in pre-halving “danger zone” In spite of Bitcoin (BTC) undergoing a … Read more
In 2018, the Initial Coin Offering (ICO) market experienced a frenzy reminiscent of the Wild West. Venture capitalists (VCs) indiscriminately invested over $7 billion in ICOs, with minimal concern for thorough evaluation or background checks. Many investments were made following impulsive conversations at cryptocurrency events, rather than through rigorous research and due diligence. The most … Read more
Holders, on average, had an unrealized profit of 4.5% on their initial investments. PEPE looked bearish upon examination of its key technical indicators. Pepe the frog meme coin, represented by the symbol PEPE, experienced impressive growth over the past day, registering a 4.34% price increase as reported by CoinMarketCap. The trading volume of the coin … Read more
Anthony Pompliano, co-founder and partner at Pomp Investments, is convinced that Bitcoin’s solid monetary foundations will lead it to surpass the size of the gold market following the impending halving event. In an interview on Fox Business on April 17, Pompliano expressed his continued optimism towards Bitcoin. He pointed out that over the past four … Read more
Marathon Digital executive claims BTC has already partially priced the halving. Other execs disagree and expect BTC to follow previous cycles’ price action. In simpler terms, the Bitcoin market’s recent peak at $73.7K prior to the halving was unlike past cycles where new record highs were reached following the halving event. This begs the question: … Read more
A Political Action Committee (PAC) invested $3.7 million in supporting Democratic candidates aiming to secure seats in the US House of Representatives from Alabama and Texas, effective 2025. On April 16, Shomari Figures secured about two-thirds of the votes in the Democratic runoff election for Alabama’s 2nd Congressional District against Anthony Daniels. In the upcoming … Read more