The approaching Bitcoin halving might result in a more eco-friendly Bitcoin mining process, as miners could shift towards renewable energy sources to reduce costs and remain competitive. As Bitcoin’s block rewards decrease from 6.25 Bitcoins to 3.125 Bitcoins and the hash rate keeps climbing higher, mining companies may experience reduced profits. As a result, miners … Read more
Gold advocate Peter Schiff challenges the predictions of some market analysts who believe Bitcoin’s price will reach $100,000 during this current market surge. Schiff criticized the impact of Bitcoin ETFs on the market and the resulting demand they generate. Known for his criticism towards Bitcoin, Schiff frequently voiced doubts about its worth and practical applications … Read more
Bitcoin (BTC) faces new lower BTC price targets after dropping up to 15% since the weekend. Traders and market analysts are eagerly discussing potential low points for the market and estimating how soon these may appear. $59,000 final BTC price dip by April 17? The price of BTC/USD attempted to rise above $61,000 but was … Read more
Puffer Finance, a liquid staking initiative established on Ethereum’s Eigenlayer protocol, has raised $18 million during a Series A investment round to introduce its main network. In simpler terms, Puffer Finance, which is an Ethereum-based project for staking and redeeming assets using the Eigenlayer protocol, recently obtained $18 million from investors for launching its primary … Read more
Bitcoin’s next significant demand zone was around $56,000. Demand slowed down, both from new ETFs and existing holders. Bitcoin’s price dropped by over 4% within the last 24 hours, reaching the $62,000 range based on data from CoinMarketCap. The trading activity saw a significant increase of approximately 5%, amounting to around $45 billion in total … Read more
According to Markus Thielen, the founder of 10x Research, the stock and cryptocurrency markets may be on the verge of a major price adjustment or downturn. Last night, we made the decision to sell all our assets, explained Thielen in a note from the 16th of April. He attributed this pessimistic view to continuous inflation, … Read more