In simpler terms, the CEO of Marathon Digital Holdings, Fred Thiel, believes that Bitcoin‘s upcoming “halving” event, which is a software update supposed to increase its price, might have been accounted for in the current market value, as he shared in an interview with Bloomberg TV. In simple terms, the price of Bitcoin surged by … Read more
Despite a bearish cryptocurrency market, the native currency of the Nervos Network, CKB, has hit a new three-year high in price. CKB has experienced a 13.2% increase over the past 24 hours and is currently priced at $0.035. This price point was last reached in March 2021. With a market capitalization of $1.55 billion, CKB … Read more
It’s said that Hong Kong’s Securities and Futures Commission is prepared to give its approval for a Bitcoin spot exchange-traded fund. This development marks a significant milestone for the crypto market in Hong Kong. According to reports from Tencent News, sources familiar with the Hong Kong Securities and Futures Commission have shared that Hong Kong … Read more
Based on CryptoQuant’s latest findings, the effect of Bitcoin‘s halving on its price might not be as substantial as some investors anticipate. The decrease in Bitcoin‘s halving impact can be explained by the declining difference between the rate at which new Bitcoins are created and the pace at which long-term holders are selling them. The … Read more
The surge in Dogecoin‘s price over the past period has put over 88% of investors into the green, representing a 37% increase compared to the same month last year, and marking the highest proportion in the past three years. Data reveals that more than half of the active addresses currently in profit belong to larger … Read more