Author: Crypto News

Last updated: April 18, 2024 17:25 EDT | 2 min read Amidst Bitcoin’s recent dip, a surge in BTC accumulation addresses signals investor confidence and a potential re-accumulation phase post-halving. Amidst Bitcoin’s recent dip below $63,000, an April 18 report by technical analyst Ali Martinez revealed a surge in BTC accumulation, signifying resilience among Bitcoin holders.Bitcoin braces for its Upcoming Halving Event; Volatility Continues to Mark its TrajectoryAli Martinez highlighted this trend on X, showcasing a chart depicting the movement of over 27,700 BTC (approximately $1.72 billion) into accumulation addresses.This influx amidst Bitcoin’s price dip represents a new all-time high,…

Last updated: April 18, 2024 16:38 EDT | 2 min read Analyst Plan B’s Bitcoin price prediction sparks discussions about the future of the cryptocurrency and its potential for growth. In a recent prediction revealed on April 17, crypto analyst “Plan B” forecasted that the Bitcoin price would surpass $300,000 by 2025, with expectations of reaching $100,000 by December 2024.Bitcoin Moonshot Prediction is Fueled by the Upcoming Bitcoin HalvingPlan B shared their forecast on X, emphasizing the positive influence of Halvings on BTC’s price. They believe the upcoming Halving will be no different. IMO this bitcoin halving will NOT be…

Last updated: April 18, 2024 16:03 EDT | 3 min read Crypto Experts Are Early Birds on This Bitcoin Project Set for Exchange Listing / Source: Cryptonews Crypto Experts Are Early Birds on This Bitcoin Project Set for Exchange Listing / Source: CryptonewsAs Bitcoin (BTC) consolidates within its recent $60,000-70,000ish ranges ahead of its fourth quadrennial halving event this weekend, traders are looking for alternative investment opportunities that could deliver strong returns.One opportunity that is garnering lots of hype is Bitcoin education platform 99Bitcoins exciting pivot into the learn-to-earn (L2E) space.99Bitcoins produces courses to help investors make their first steps…

A 39-round presale for pioneering stake-to-mine crypto token Bitcoin Minetrix ($BTCMTX) will conclude in seven days after raising a staggering $13 million.Investors have two days to purchase Bitcoin Minetrix tokens at a fixed price of $0.0147. After that, the token will sell for $0.0148 until the conclusion of the ICO on April 25. From then on, the sky will be the limit on potential appreciation.Now, that may look like marketing hyperbole, but considering Bitcoin’s upcoming halving on April 20 has analysts across the world calling a 2024 bull run, this year could catalyze a project that will smash the barriers…

Last updated: April 18, 2024 13:14 EDT | 2 min read Bitcoin Cash (BCH) faces dimming enthusiasm as the price of the popular payments-focused Bitcoin fork dipped 20% over the last seven days to trade at $484 as of this writing. Like the rest of the market, BCH appears to be tracking market leader Bitcoin, which fell 9% over the last week to trade for around $63,650, at the time of writing.Growing turmoil in the Middle East after an Iranian attack on Israel last weekend prompted the sell-off, which has now slowed down. The two Bitcoins are now in the green again…

Last updated: April 18, 2024 12:48 EDT | 3 min read As we delve deeper into the top 6 cryptos most likely to explode in 2024, the ever-evolving cryptocurrency market offers investors both challenges and opportunities. Choosing cryptocurrencies with significant growth potential in this dynamic environment is critical to maximizing returns. Among the many options, BlockDAG, Bitcoin, PikaMoon, Ethereum, Solana, and Avalanche stand out due to their technological advancements, market potential, and growing community support. Each of these coins brings a unique value proposition to the table. BlockDAG, in particular, shines brightly with its revolutionary approach to blockchain technology, promising scalability,…

Last updated: April 18, 2024 12:48 EDT | 2 min read Meme coins took a beating this week. Popular Solana meme coin DogWifHat (WIF) posted seven-day depreciation of as much as 50% in 24 hours by the morning of Thursday, April 18, according to data by CoinGecko, although its intraweek losses have since slowed to about 31% as of this writing.Among meme coins, WIF took some of the heaviest losses amidst a market-wide downturn that has shaved double digit percentages off virtually every leading cryptocurrency in the last week.Leading meme coins fell by comparable amounts this week: sector leader Dogecoin…

Last updated: April 18, 2024 10:47 EDT | 2 min read In a note to clients, Goldman Sachs, one the world’s largest investment bank, advised against extrapolating data from previous Bitcoin halving cycles due to macroeconomic changes.Every four years, the “halving” event occurs, in which the per-block Bitcoin (BTC) emissions are cut in half. The next halving is in 2 days, and it will see rewards cut to 3.125 BTC from 6.25 BTC, essentially halving the rate of new supply.This creates artificial scarcity, which increases demand, and has historically preceded massive multi-month BTC rallies – something the cryptocurrency community believes…

Last updated: April 18, 2024 10:18 EDT | 3 min read The Dogecoin price has fallen by 3% in the past 24 hours, with its drop below $0.15 coming as the crypto market barely moves today.Despite this loss, DOGE has actually risen by 2.5% in the past hour, in line with the rest of the market, which is compensating a little for yesterday’s losses.This means the Dogecoin price has now dropped 24% in a week, but remains up by 16% in a month and by 60% in a year.The last hour’s bounce also raises the possibility that the market has…

Last updated: April 18, 2024 10:00 EDT | 1 min read HashKey, Kraken Ventures, Tribe Capital-backed Nibiru Chain is launching a $15 million grant program to support developers with a focus on the Asian market.According to a press release shared with CryptoNews, “Nibiru Builder Grants” initiative is part of a strategic effort to enhance its blockchain platform’s capabilities. Nibiru Chain is a smart contract platform supported by investors including HashKey, Kraken Ventures, and Tribe Capital.The long-term grants, totaling over $15 million, will be distributed in the form of tokens (NIBI) equivalent to approximately 2.5% of the supply among innovative developers.“The…