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
The UK Treasury plans to unveil regulations for crypto assets and stablecoins by July, fostering homegrown ingenuity in digital currencies and blockchain tech within the country. At the Innovate Finance Global Summit 2024, Bim Afolami, the U.K.’s economic secretary to the Treasury, shared updates on the government’s efforts to prepare for a major overhaul of … Read more
Some large companies in the cryptocurrency sector, such as Bitcoin Depot, which runs Bitcoin ATMs, have experienced minimal impact from the volatile price swings of cryptocurrencies like Bitcoin. Bitcoin Depot, the largest Bitcoin ATM company in the US, mentioned in their annual report filed on April 15 that there hasn’t been a consistent connection between … Read more