The significance of Bitcoin in the world of cryptocurrencies is currently at its highest point in the last three years, largely due to increased demand for US-based Exchange Traded Funds (ETFs). Based on data from CoinMarketCap, Bitcoin (BTC) made up around 55% of the total $2.4 trillion value in the virtual currency market during April … Read more
Members of the cryptocurrency community pondered the reason behind Vitalik Buterin, the co-founder of Ethereum, transferring $330,000 worth of crypto into Railgun’s private transaction system. On April 15, according to Scopescan’s blockchain monitoring, Ethereum co-founder Vitalik Buterin moved 100 Ether (ETH) to the decentralized finance platform Railgun. He conducted this transaction through his ENS-labeled wallet … Read more
Major Bitcoin mining company CEOs remain optimistic before the upcoming halving event, even though their performance has not surpassed Bitcoin’s year-to-date growth, as indicated by research and trading firm Bernstein. Gautam Chhugani and Mahika Sapra released a client update on Monday explaining that poor performance was caused by substantial Bitcoin ETF transactions in the U.S., … Read more
At Zima Bank, we’re excited to offer a new all-in-one banking experience that brings together fiat and digital currency transactions. Each account holder will receive their own Individual Business Account Number (IBAN) within the Single Euro Payments Area (SEPA), ensuring safe and reliable transactions backed by the European Central Bank. Additionally, this setup boosts customers’ … Read more
Willy Woo, an analyst and co-founder at CMCC Crest, forecasted that a cryptocurrency market downturn could start if Bitcoin dipped below $59,000. Based on Willy Woo’s analysis, if Bitcoin (BTC) drops below the $58,900 mark, which serves as a support level for short-term investors, there is a possibility that the market could shift into a … Read more