Bitcoin surpassed a new record high above $70,000 in March, but its bullish trend has since faltered. Bearish investors appear to be gaining the upper hand as markets grapple with uncertainty due to geopolitical tensions, the Bitcoin halving event, and potential US financial regulations. Traders are hesitant to make purchases, while some are even selling … Read more
The Bitcoin protocol includes an automatic process called the halving, which reduces the number of Bitcoins awarded for mining a block by half approximately every four years or 210,000 blocks. Soon, this reward will decrease from 6.25 BTC to 3.125 BTC. The reduction in the supply of Bitcoin caused by the “halving” event makes each … Read more
The homeland equity line of credit (HELOC) tokenization platform Homium, which operates on the Avalanche network, successfully secured $10 million in its Series A financing. This round was spearheaded by Sorenson Impact Group and Blizzard. “Avalanche reveals that through Home Equity Shared Appreciation Loans offered by Homium, homeowners are provided an opportunity to secure a … Read more
A top compliance and ethics officer from the Federal Reserve Bank of New York based in the US has been appointed to Binance.US’s board of directors. In a blog post dated April 16, Binance.US announced that Martin Grant, who previously served as the regulatory, legal, and compliance chief at the New York Federal Reserve from … Read more
In the next few days, the Bitcoin (BTC) blockchain is predicted to undergo halving. Some experts believe this could impact Bitcoin’s role as a valuable asset. Around April 19, 2021, approximately 630 more Bitcoin blocks needed to be mined before the halving event took place. This significant occurrence in the cryptocurrency world happened when only … Read more
Bitcoin’s pre-halving volatility questioned post-Hong Kong’s ETF approval, drawing mixed sentiments. Historical data indicates post-halving price surges. During a week when cryptocurrencies experienced substantial drops of over 10%, the announcement of Bitcoin ETF approval in Hong Kong brought renewed optimism to BTC investors. Based on estimates, introducing Bitcoin ETFs might bring about a $25 billion … Read more