The top five Bitcoin mining companies aren’t offloading their BTC stocks, in contrast to expectations, with the imminent Bitcoin halving bringing about a 50% decrease in new supply issuance. In Q1 2024, the top five Bitcoin mining companies saw their sales reach a two-year minimum, selling around 2,000 BTC collectively as reported on April 10th … Read more
Ethereum’s Taker Buy Sell Ratio attempts to breach the center line in an uptrend. However, bearish sentiments continue to grow. According to CryptoQuant’s data, the Taker Buy Sell Ratio of Ethereum’s ETH is about to surpass its middle point, implying an increase in buying enthusiasm among traders despite current market instability. The Taker Buy-Sell Ratio … Read more
A new method called Bitcoin Runes is about to be launched for creating interchangeable digital tokens using the Bitcoin blockchain. This event is scheduled to occur simultaneous with the Bitcoin halving, which is anticipated to take place later in the week. However, Ignas, a pseudonymous researcher in the decentralized finance (DeFi) field, believes that the … Read more
Now, let’s discuss the significant crypto developments from the past week. Polkadot and Worldcoin achieved notable accomplishments, while a Binance executive was apprehended in Kenya attempting to leave. Additionally, StepN unveiled an unexpected airdrop, and the Winklevoss twins expanded their crypto portfolio through an acquisition. Thus, let’s see what else the crypto industry prepared for … Read more
Memecoins are making a comeback as the cryptocurrency market experiences another bull run. Some find this exciting, while others view it as a sign of market exuberance. Many headlines are filled with exciting tales of traders making small investments in a token that later skyrockets into a multimillion-dollar windfall. However, for every successful trader, there … Read more
Tomorrow, April 18, is when Token2049, the yearly Web3 conference, will begin. However, attendees may face unexpected obstacles at the entrance as torrential rains have hit the desert city in the past few days, causing extensive flooding. In a normal year, this city receives only 9.5 cm (4 inches) of rain. Yet, over the course … Read more