The world’s cryptocurrency markets experienced a significant drop, but according to Santiment’s data, most crypto tokens presently reside in a favorable investment range. Based on information from CoinGecko, the overall value of the crypto market dropped by 4.1% within the last 24 hours and is now at approximately $2.49 trillion. In contrast, the daily trading … Read more
After the introduction of the RUNES protocol, which led to a significant increase in transactions and record-breaking fees, miners may encounter challenges with persistently low fees and a stable hashrate despite the cryptocurrency’s halving event, according to industry experts. Following the latest halving where the Bitcoin reward decreased from 6.25 to 3.125 coins, mining earnings … Read more
The price of Polkadot (DOT) didn’t manage to surpass its 20-day simple moving average (SMA), acting as a significant barrier, causing the token’s value to fall back beneath $7. In recent trading days, DOT showed strong signs of rising, with investors anticipating it to surpass the moving average of the previous two days and reach … Read more
According to farside.co.uk’s data, the BlackRock iShares Bitcoin Trust (IBIT) didn’t receive any new investments for the first time since Bitcoin ETFs became available in the US in January, with a $0 inflow. Previously, IBIT had amassed approximately $15.5 billion within 71 days. However, things changed dramatically on April 24. The Fidelity Wise Origin Bitcoin … Read more
Last week, the Bitcoin Halving 2024 occurred, sparking great interest among investors, miners, and crypto enthusiasts worldwide. They eagerly watched the unfolding events, pondering over its possible consequences for the Bitcoin ecosystem. After a 50% reduction in rewards by Halving, there’s growing unease within the crypto community regarding mining’s continued viability in the ecosystem. Various … Read more