Bitcoin Price is Down; Has BTC Price Rally Come to An End?
CoinGape (RSS)
The price of Bitcoin has plummeted, dropping by 14.8% in the last week. The leading cryptocurrency according to CoinMarketCap has dropped by 17% since hitting its all-time high of $73,750, which occurred six days ago on March 14, 2024. The decrease in BTC price has caused the entire cryptocurrency market to also drop, resulting in a 5.04% reduction in market cap to $2.29 trillion over the last 24 hours. After reaching a low of $61,000, investors are questioning if Bitcoin price rally has come to an end. Let’s delve in for more details.
Bitcoin Price Market Performance
Despite experiencing notable growth of 123% so far this year and 18% in the last month, the value of BTC decreased by 5.28% in the previous day to reach $61,380.13. A significant uptick of ...
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CoinGape (RSS)
The price of Bitcoin has plummeted, dropping by 14.8% in the last week. The leading cryptocurrency according to CoinMarketCap has dropped by 17% since hitting its all-time high of $73,750, which occurred six days ago on March 14, 2024. The decrease in BTC price has caused the entire cryptocurrency market to also drop, resulting in a 5.04% reduction in market cap to $2.29 trillion over the last 24 hours. After reaching a low of $61,000, investors are questioning if Bitcoin price rally has come to an end. Let’s delve in for more details.
Bitcoin Price Market Performance
Despite experiencing notable growth of 123% so far this year and 18% in the last month, the value of BTC decreased by 5.28% in the previous day to reach $61,380.13. A significant uptick of ...
View original post
Eth Price : What Next for Ethereum Price Should ETH ETFs Be Rejected?
CoinGape (RSS)
After Ethereum price crossed $4,000 and Bitcoin reached its all-time high, investors were optimistic about the future of the coins. Nevertheless, the ETH value has dropped by 21% in the last week due to the recent crash in the crypto market. However, investors are hopeful that the upcoming approval of Ether ETFs will drive up the token’s price. Standard Chartered Bank estimates that the SEC could approve an Ether ETF by May 23, leading to around $45 billion entering the market within the initial year. This influx of funds is projected to drive the price of ETH to hit $8,000 by the end of 2024 and $14,000 i...
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CoinGape (RSS)
After Ethereum price crossed $4,000 and Bitcoin reached its all-time high, investors were optimistic about the future of the coins. Nevertheless, the ETH value has dropped by 21% in the last week due to the recent crash in the crypto market. However, investors are hopeful that the upcoming approval of Ether ETFs will drive up the token’s price. Standard Chartered Bank estimates that the SEC could approve an Ether ETF by May 23, leading to around $45 billion entering the market within the initial year. This influx of funds is projected to drive the price of ETH to hit $8,000 by the end of 2024 and $14,000 i...
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Memeinator Presale Enters Into Final Stage With Over 96% Tokens Sold
Coincu (RSS)
London, United Kingdom, March 20th, 2024, Chainwire Memeinator’s presale has entered its final stage with 4% of the total supply of tokens remaining before it becomes available for public trading. The team has observed the presale’s impact among meme coin enthusiasts, driven by its Terminator-inspired branding and ambition to lead in the meme coin market.Read more...
Coincu News
Coincu (RSS)
London, United Kingdom, March 20th, 2024, Chainwire Memeinator’s presale has entered its final stage with 4% of the total supply of tokens remaining before it becomes available for public trading. The team has observed the presale’s impact among meme coin enthusiasts, driven by its Terminator-inspired branding and ambition to lead in the meme coin market.Read more...
Coincu News
Top 5 Best Metaverse Coins To Invest In 2024
Coincu (RSS)
With so many metaverse crypto projects on the market, how do you know which metaverse coins are the best? This is the place to find out. In this article, you’ll discover five of the top metaverse coins that are favorites of industry experts, why you should invest in them, and which one could outperform them all.Read more...
Coincu News
Coincu (RSS)
With so many metaverse crypto projects on the market, how do you know which metaverse coins are the best? This is the place to find out. In this article, you’ll discover five of the top metaverse coins that are favorites of industry experts, why you should invest in them, and which one could outperform them all.Read more...
Coincu News
Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December.
Regulatory challenges loom as Grayscale seeks approval for staking-enabled Ethereum ETF
Cryptopolitan (RSS)
Grayscale Investments has filed a preliminary proxy statement with plans to add staking capabilities to its proposed spot Ethereum (ETH) exchange-traded fund (ETF). This development, aimed at mitigating inflationary pressures from Ethereum’s proof-of-stake protocol, intends to preserve the trust’s value for ETHE shareholders.
According to the statement, the proposal includes four items, emphasizing a creation and redemption process that involves cash and the ability for the trust to stake Ethereum.
This move by Grayscale comes as part of its ongoing efforts to convert the Grayscale Ethereum Trust into a spot ether ETF, in collaboration with NYSE Arca. The proposal follows a similar strategy applied to its Bitcoin trust, which successfully transitioned into a spot bitcoin ETF after...
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Cryptopolitan (RSS)
Grayscale Investments has filed a preliminary proxy statement with plans to add staking capabilities to its proposed spot Ethereum (ETH) exchange-traded fund (ETF). This development, aimed at mitigating inflationary pressures from Ethereum’s proof-of-stake protocol, intends to preserve the trust’s value for ETHE shareholders.
According to the statement, the proposal includes four items, emphasizing a creation and redemption process that involves cash and the ability for the trust to stake Ethereum.
This move by Grayscale comes as part of its ongoing efforts to convert the Grayscale Ethereum Trust into a spot ether ETF, in collaboration with NYSE Arca. The proposal follows a similar strategy applied to its Bitcoin trust, which successfully transitioned into a spot bitcoin ETF after...
View original post
Bitcoin ETFs experience historic outflows amidst price decline
Cryptopolitan (RSS)
On March 19, United States spot Bitcoin exchange-traded funds (ETFs) faced a significant setback, marking their largest collective outflow day on record. As Bitcoin prices dipped to approximately $62,000 during U.S. trading hours, investors pulled out a staggering $326 million from the 10 funds, reflecting a growing unease in the market.
Grayscale’s GBTC nearing depletion amidst continued outflows
Grayscale’s Bitcoin Trust (GBTC), the largest among the ETFs, reported over $23.7 billion in assets under management as of March 19. However, the fund experienced a net outflow of $443.5 million on the same day. If this trend persists, GBTC could exhaust its assets as soon as late July, raising concerns about the sustainability of Bitcoin ETF investments.
Despite the widespread outflows, BlackRock, Fidelity, and Bitwise’s ETFs e...
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Cryptopolitan (RSS)
On March 19, United States spot Bitcoin exchange-traded funds (ETFs) faced a significant setback, marking their largest collective outflow day on record. As Bitcoin prices dipped to approximately $62,000 during U.S. trading hours, investors pulled out a staggering $326 million from the 10 funds, reflecting a growing unease in the market.
Grayscale’s GBTC nearing depletion amidst continued outflows
Grayscale’s Bitcoin Trust (GBTC), the largest among the ETFs, reported over $23.7 billion in assets under management as of March 19. However, the fund experienced a net outflow of $443.5 million on the same day. If this trend persists, GBTC could exhaust its assets as soon as late July, raising concerns about the sustainability of Bitcoin ETF investments.
Despite the widespread outflows, BlackRock, Fidelity, and Bitwise’s ETFs e...
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Shiba Inu Team Hints At “Secret” Strategy To Eclipse Dogecoin
CoinGape (RSS)
The Shiba Inu (SHIB) team has reaffirmed their commitment to surpassing Dogecoin (DOGE) in a recent announcement. The SHIB network also hinted at “secret” endeavors that could expedite its rally to overtake DOGE in terms of market capitalization.
What Is Shiba Inu’s “Secret” Strategy?
The above-mentioned statement comes as trading platform Crypto.com shone a spotlight on SHIB as the second most valuable meme-inspired project. In response to Crypto.com’s recognition, the Shiba Inu team took to X and emphasized that while SHIB currently holds the second position, their aim is to secure the top spot.
They wrote, “#2 today, but the Doge days are numbered.” This underscored their determination to dethrone Dogecoin and emerge as the leading meme-inspired cryptocurrency project. The ...
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CoinGape (RSS)
The Shiba Inu (SHIB) team has reaffirmed their commitment to surpassing Dogecoin (DOGE) in a recent announcement. The SHIB network also hinted at “secret” endeavors that could expedite its rally to overtake DOGE in terms of market capitalization.
What Is Shiba Inu’s “Secret” Strategy?
The above-mentioned statement comes as trading platform Crypto.com shone a spotlight on SHIB as the second most valuable meme-inspired project. In response to Crypto.com’s recognition, the Shiba Inu team took to X and emphasized that while SHIB currently holds the second position, their aim is to secure the top spot.
They wrote, “#2 today, but the Doge days are numbered.” This underscored their determination to dethrone Dogecoin and emerge as the leading meme-inspired cryptocurrency project. The ...
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Top Analyst Who Predicted Bitcoin Crash Says “Too Early to Buy the Dip”
CoinGape (RSS)
Markus Thielen, chief executive officer of 10x Research, on Wednesday made another dire warning as traders and investors look to “buy the dip” after the broader crypto market crash. He is one of the first few analysts who has accurately predicted a BTC price correction to $38,000 post-spot Bitcoin ETF approval, BTC rally to $50,000, and the recent crash.
Further Bitcoin and Ethereum Prices Capitulation?
Top analyst Markus Thielen in a newly released report on March 20 disclosed why they turned bearish on Bitcoin (BTC) and Ethereum (ETH) prices and why it’s too early to buy the dip.
Along with the analog model, the crypto research firm uses data, predictive models, and objective analysis to make accurate predictions. Based on the current data, $63,000 and $60,000 are key support levels for Bitcoin. If $60,000 is broken, BTC price can crash to the $52,000-54,000 range.
As CoinGape reported, ...
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CoinGape (RSS)
Markus Thielen, chief executive officer of 10x Research, on Wednesday made another dire warning as traders and investors look to “buy the dip” after the broader crypto market crash. He is one of the first few analysts who has accurately predicted a BTC price correction to $38,000 post-spot Bitcoin ETF approval, BTC rally to $50,000, and the recent crash.
Further Bitcoin and Ethereum Prices Capitulation?
Top analyst Markus Thielen in a newly released report on March 20 disclosed why they turned bearish on Bitcoin (BTC) and Ethereum (ETH) prices and why it’s too early to buy the dip.
Along with the analog model, the crypto research firm uses data, predictive models, and objective analysis to make accurate predictions. Based on the current data, $63,000 and $60,000 are key support levels for Bitcoin. If $60,000 is broken, BTC price can crash to the $52,000-54,000 range.
As CoinGape reported, ...
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Alipay taps Avalanche for Web3-powered voucher program
Cointelegraph.com News (RSS)
Avalanche said the initiative allows brands to test Web3 solutions and how to create new engagement opportunities with their users.
Cointelegraph.com News (RSS)
Avalanche said the initiative allows brands to test Web3 solutions and how to create new engagement opportunities with their users.
Starknet targets increased throughput, lower fees with parallel transactions in 2024
Cointelegraph.com News (RSS)
Ethereum scaling protocol Starknet expects to increase its throughput and further fee reductions through the introduction of transaction parallelization in 2024.
Cointelegraph.com News (RSS)
Ethereum scaling protocol Starknet expects to increase its throughput and further fee reductions through the introduction of transaction parallelization in 2024.
Tokenized movement will be worth trillions — Sweat Economy co-founder
Cointelegraph.com News (RSS)
Oleg Fomenko of Sweat Economy and Sweatcoin predicts that tokenized physical activity will be worth trillions of dollars, and employers will one day pay you to exercise.
Cointelegraph.com News (RSS)
Oleg Fomenko of Sweat Economy and Sweatcoin predicts that tokenized physical activity will be worth trillions of dollars, and employers will one day pay you to exercise.
AI talent crunch accelerates as nations scramble to secure their dominance
Cointelegraph.com News (RSS)
The global competition for AI supremacy intensifies as companies consider relocating and nations offer incentives to attract AI talent.
Cointelegraph.com News (RSS)
The global competition for AI supremacy intensifies as companies consider relocating and nations offer incentives to attract AI talent.
UK Deploys Advanced AI Cameras in Bid to Curb Traffic Offences
Cryptopolitan (RSS)
UK drivers are facing a potential new challenge with the introduction of artificial intelligence (AI) cameras being trialed by ten police forces across the country. These cameras are designed to automatically detect violations such as mobile phone usage and failure to wear seatbelts, with fines of up to £1,000 awaiting offenders.
UK police trial AI camera’s potential nationwide rollout
The trial, currently underway, may pave the way for a nationwide rollout, impacting motorists nationwide. The AI cameras, deployed by select police forces, possess the ability to identify instances of non-compliance with road safety regulations, including the use of mobile phones while driving and failure to wear seatbelts.
Upon detection, the cameras relay the relevant information to law enforcement for appropriate action, potential...
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Cryptopolitan (RSS)
UK drivers are facing a potential new challenge with the introduction of artificial intelligence (AI) cameras being trialed by ten police forces across the country. These cameras are designed to automatically detect violations such as mobile phone usage and failure to wear seatbelts, with fines of up to £1,000 awaiting offenders.
UK police trial AI camera’s potential nationwide rollout
The trial, currently underway, may pave the way for a nationwide rollout, impacting motorists nationwide. The AI cameras, deployed by select police forces, possess the ability to identify instances of non-compliance with road safety regulations, including the use of mobile phones while driving and failure to wear seatbelts.
Upon detection, the cameras relay the relevant information to law enforcement for appropriate action, potential...
View original post