Starting from Bitcoin‘s debut in 2009, cryptocurrencies have gained immense popularity. As of 2022, the market was home to over 10,000 distinct tokens, encompassing a diverse range: established coins such as Bitcoin and Ethereum, stablecoins whose values are tied to traditional currencies, novel meme coins, and altcoins backing numerous projects. Cryptocurrencies offer swift and affordable … Read more
Spot Bitcoin ETFs, or exchange-traded funds, saw a net outflow of $55 million on Friday, April 12. The data indicates a change in direction after ETFs experienced nearly $215 million in combined inflows for the previous two days. Bitcoin ETFs ahead of halving Based on information from SoSo Value, the biggest amount, totaling $166 million, … Read more
Traders are preparing for Bitcoin to possibly hit a new peak based on data from stablecoins. According to KuCoin Research’s findings, an increasing number of investors are transferring funds into stablecoins such as Tether and USD Coin. This could be a sign that these individuals are getting ready for Bitcoin’s upcoming halving event, which is … Read more
At present, Bitcoin is priced at $67,416, representing a 4.6% drop over the last 24 hours. The upcoming bitcoin halving event, an significant milestone, is drawing near. Based on our Bitcoin Halving Counter data, this event is now only about a week away, or roughly 996 blocks from happening. Bitcoin’s rewards for miners are cut … Read more
Pi Network has unfortunately attracted an abundance of fraudsters who prey on unsuspecting members. Consequently, numerous individuals trying to cash out their “Pi” digital currency have sadly become victims of deceitful scams, leading them to lose their valuable earnings. The report reveals that multiple Facebook accounts have been detected, falsely advertising the purchase of Pi … Read more