Miners sold their BTCs ahead of the halving Percentage of miners’ revenue derived from transaction fees rose too The amount of Bitcoin (BTC) held by miners reached a 12-month low prior to the recent halving, as reported by IntoTheBlock. This might indicate that miners had sold off their coins ahead of the halving taking place. … Read more
The devnet remained offline for nearly a day. SOL dropped 1.63% in the 24-hour period with sentiment still remaining negative. The Solana Foundation announced that the devnet, which is Solana’s development network, has been successfully restarted and is now functioning normally again. On the early morning of April 19th, around midnight Utcs time, there was … Read more
Bullish sentiment around Chainlink rose on the back of Bitcoin’s halving Buying pressure was high, hinting at a sustained price hike Chainlink (LINK) experienced a strong rebound in the past few hours, with its price surging due to renewed bullishness on the cryptocurrency market. This development occurred following Bitcoin’s (BTC) fourth halving event. It would … Read more
WIF and PEPE hiked by by 11% and 4%, respectively, in the last 24 hours Market indicators hinted at possible price corrections on the charts The Bitcoin halving created a lot of excitement in the crypto market, leading many investors to become optimistic and buy. As a result, the prices of most cryptocurrencies, including memecoins … Read more
Bitcoin’s bullish price trajectory ensures profitability amid challenges Halving could cause supply shock, driving volatility and price rise In the year 2024, Bitcoin (BTC) has shined exceptionally, fueled by the introduction of ETFs and marked by its fourth halving event. Moreover, miner conduct has undergone a noticeable transformation as well. More recently, information from CryptoQuant’s … Read more
Ethereum’s on-chain metric flashed a bullish sign on the charts However, key technical indicators suggested that the coin’s price may fall further. On April 18th, the Age Consumed metric for Ethereum’s ETH token reached a one-month peak. This surge was accompanied by a slight increase in the altcoin’s value, indicating that a potential local minimum … Read more