Some analysts say that Bitcoin’s current price action aligns with the Bitcoin halving model, leading them to expect a $24000 bottom before year-end. The topic of Bitcoin’s four-year halving cycle and its effects on BTC’s long-term price is one that has been highly debated within the crypto community. Related Reading | Tether (USDT) Q1 Trading …
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Play2Earn games are the future of gamingб all because they completely turned the idea of the mechanics of earning crypto and in-game assets ownership. Today you can earn cryptocurrencies just by playing games. One of the most promising P2E games is called CyberCity. We decided to go behind the scenes and find out what makes …
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A popular crypto strategist and trader says that a local bottom is on the horizon for Bitcoin (BTC) along with the rest of the crypto markets – but there’s a catch. Analyst Justin Bennett tells his 100,600 Twitter followers that the Nasdaq (NDX) has recently broken down from an ascending channel, which he says does …
The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move above the resistance level of $39,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $42,000, $44,000, $46,000 Support Levels: $34,000, $32,000, $30,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD couldn’t break the resistance level of $38,000 …
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The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchange, and mining, and determines the main regulatory body for the industry. Agency Under President Mirziyoyev to Oversee Crypto Market in Uzbekistan Uzbekistan’s head of state, Shavkat …
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News …
On-chain analyst Willy Woo says Bitcoin (BTC) is seeing historically unparalleled spot market demand despite the underwhelming price action that has unfolded over the last several weeks. The popular analyst tells his one million Twitter followers that institutional capital is pouring into Bitcoin while BTC’s price action emulates late 2020, just before crypto markets went …
A closely tracked crypto strategist is mapping out the potential bottom for one Ethereum (ETH) challenger while predicting bounces for Cosmos (ATOM) and The Graph (GRT). Pseudonymous analyst Altcoin Sherpa tells his 174,500 Twitter followers that developer-focused blockchain Near Protocol (NEAR) is likely close to printing a local bottom. “I’m guessing this finds a short-term …
Popular encrypted messaging app Telegram has added a new feature that allows users to send and receive crypto assets on the platform. The Open Network (TON) Foundation, a crypto project supported by Telegram, revealed that the platform’s 550 million users can now send and receive Toncoin (TON) directly from their chat windows. They can also …
The month of April has been a forgettable one for equities and cryptocurrency investors. Bitcoin (BTC) plummeted 17% in April to record its worst ever performance in the month of April. Similarly, the Nasdaq Composite plunged 13.3% in April, its worst monthly performance since October 2008. However, a major positive for crypto investors is that …
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A recent study by crypto exchange platform Bitstamp finds that institutional investors are actively recommending digital assets to their clients. The Bitstamp Crypto Pulse report, which surveyed over 5,500 professional investors and 23,000 retail investors from 23 countries across the globe, reveals that the majority of institutional investment decision-makers are endorsing crypto assets as investments …
Bitcoin (BTC) may be gearing up for a bullish reversal if on-chain metrics are any indication, according to popular crypto analyst Michaël van de Poppe. The analyst tells his 589,000 Twitter followers that Bitcoin’s hash rate has hit another all-time high, which has often historically preceded BTC rallies. “Bitcoin hash rate has reached an all-time …
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value by 3.5% over the last 24 …
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside metaverse virtual land sale raised close to $320 million by selling 55,000 parcels of Otherside land. Otherside Metaverse Sees …
Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this year to test transactions to the back-end developed by the regulator. Eurosystem to Select Front-End Providers for Digital Euro Project Within the ongoing investigation into …
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