According to market analyst Markus Thielen from 10x Research, approximately $5 billion in Bitcoin could be sold by miners following the upcoming halving event on April 20th. #Bitcoin Might Trade Sideways for 6 months As Miners Could Sell $5bn of BTC -> Here is why: — 10x Research (@10x_Research) April 13, 2024 Based on historical … Read more
According to a new report from KPMG, there’s been a notable increase in enthusiasm among DACH region investors for cryptocurrencies, specifically surrounding the upcoming Bitcoin halving event. Based on a survey of 2,400 private investors, this research highlights shifting perspectives regarding crypto investment opportunities. Germans are actively preparing to take advantage of price changes in … Read more
Ethereum‘s price took a short dip under $3,000 because of the Israel-Iran conflict, but it quickly rebounded, reaching over $3,150 again. This rise in price is driven by large investors, called whales, purchasing large quantities of ETH during price drops from exchanges. Approximately 16,300 dollars worth of ETH (equivalent to around 51.1 million dollars) was … Read more
With the support of Coinbase, the Ethereum Layer-2 network named Base is poised to surpass its previous trading volume record of $9.4 billion on Uniswap, reaching a new all-time high (ATH). Base volume on Uniswap Protocol 🔵 January: $329MFebruary: $675MMarch: $9.4B Halfway through April: $7.8B 👀 — Uniswap Labs 🦄 (@Uniswap) April 14, 2024 The … Read more
Investing in DeFi comes with enticing opportunities, yet it’s essential to be aware that there are unseen expenses that could notably diminish potential profits. These costs go beyond the initial gas fees. In contrast to established payment processors like Visa and Mastercard which charge consistent fees for merchants and consumers, blockchains utilizing smart contracts function … Read more