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Bitcoin (BTC) price dipped below $66,000 during U.S. trading hours on Wednesday, late in the day, after several small gains were met with quick selling.At $65,800 at the time of writing, Bitcoin has been flat over the past 24 hours. The broader CoinDesk 20 index fell 0.7%, dragged down by a 10% decline in Bitcoin Cash (BCH) and Litecoin (LTC).On Wednesday, Bitcoin rose twice to around $66,500. The first move followed a weaker-than-expected report on U.S. service industry growth in March, and the second came after Federal Reserve Chairman Jerome Powell said the economy remained strong. This comes in response…
This summer, athletes from all over the world will gather in Paris for the Olympics. One of the events is the pentathlon, where athletes compete in four different events: swimming, fencing, horseback riding, running and shooting. It's a test of strength, agility, and speed.Matthew Homer is a VC investor and founder advisor in the cryptocurrency space. He previously served as the first Deputy Commissioner for Research and Innovation at the New York State Department of Financial Services.A similar type of multisectoral competition is already underway among financial jurisdictions. But in this competition, jurisdictions are vying for the prize that will…
Stablecoins and cryptocurrencies are the first line of defense against financial deplatforming
Cash loans in London (Photo by Dan Kitwood/Getty Images)Getty Images Since the early days of ICOs, one of the main stories of cryptocurrencies has been their ability to “bank the unbanked.” According to the World Bank Global Findex Database 2021, 76% of adults worldwide own some form of account. However, banks operate at their own discretion and sometimes in a very arbitrary manner. Even in 2024, just because you have a bank account doesn't mean you might be unbanked from one day to the next. Considering this, holding a crypto wallet with savings in stablecoins (coins that are pegged to…
Reboot, the crypto gaming protocol behind Pixel Vault's flagship game BattlePlan, announced that the game will be closed on Wednesday. Xai Game Network upon Ethereum. BattlePlan is powered by Xai Arbitrum- Base Layer 3 technology will be migrated to the network this quarter. The game was first launched on his Arbitrum Nova, another Ethereum scaling network. Pixel Vault CEO Sean Gearin said in a release: “We started with fun games and started building an ecosystem that uses blockchain technology to improve experiences by returning value to players, content creators, developers and more. We have been supporting the development of the…
staking farmEmbark on your journey across the volatile waters of the cryptocurrency market with SakingFarm as your trusted navigator. Utilizing innovative staking strategies, SakingFarm brings investors to the shores of success, turning the challenge of market volatility into a rewarding passive income stream.LONDON, UK, April 3, 2024 (Globe Newswire) — In an era marked by relentless attacks. Cryptocurrency volatility Staking farms have emerged as beacons of stability, offering investors a strategic pathway to secure and strengthen their assets. The platform is proud to announce innovative staking solutions designed to protect and profit from users in unpredictable market conditions. SakingFarm allows…
With the recent surge in digital asset prices, some investors interested in cryptocurrencies may feel they are missing out. Bitcoin is up ~50% year-to-date and ~135% in the year since.However, if we zoom out and look at the innovative nature of blockchain technology and its current relatively small-scale usage (compared to the performance of a single asset built on blockchain technology), we find that cryptocurrencies reveals how much of its potential economic impact remains untapped.you are reading Crypto long & shorta weekly newsletter featuring insights, news and analysis for professional investors. Please register here Delivered to your inbox every Wednesday.Separation…
Will $256,000 in Bitcoin be blown away? Glassnode Analysts Plan BTC’s Possible Price Path – Here’s Their Outlook
The founders of analytics platform Glassnode say Bitcoin (BTC) has the potential to suddenly surge to a cycle top of $256,000. Glassnode co-founders Jan Happel and Yann Allemann share the Negentropic handle on social media platform X. To tell Bitcoin could soar more than 278% from its current price before reversing in a blowout scenario. “How should I study BTC? If I look at BTC on a regular chart, the blow-off top target seems to be ~$112,000. However, if I look at BTC on a logarithmic chart, the target is ~$250,000. Still, we are noticing a long-term disconnect. There is…
BlockDAG is driving a new path forward, leading a revolutionary change in cryptocurrencies. He is transitioning from traditional blockchain to his DAG chain model of advanced technology, which is attracting widespread interest due to the potential for an incredible 20,000x ROI. This pivotal change is attracting attention from a variety of investors, including those previously focused on Bitcoin Minetrix and Ethereum Classic, and signals the expansion of the investment ecosystem.As BlockDAG redefines the foundations of digital currency technology, its innovative approach attracts new enthusiasts and reshapes the strategies of experienced investors, making it a formidable force in the evolving world…
After euro zone inflation fell by two-tenths to 2.4% in March, the euro passed the $1.08 milestone and moved closer to the European Central Bank's (ECB) target of 2%.The euro zone currency was trading at $1.0823 this Wednesday, up from $1.0766 in the last trading session yesterday, with the ECB setting the exchange rate at $1.0783.brokerreviewregulatorMinimum deposit amountWebsite🥇Read reviewsASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA100 dollarsVisit broker >>🥈Read reviewsCBCS, CySEC, FCA, FSA, FSC, FSCA, CMA$ 10Visit broker >>🥉Read reviewsFSCA, CySEC, DFSA, FSA, CMA$0Visit broker >>FourRead reviewsSFSA, FSCA, CySec*5 dollarsVisit broker >>FiveRead reviewsFCA, CySEC, FSCA, SCB100 dollarsVisit broker >>6Read…
As the bull market continues its unprecedented growth, investors are on the prowl for the next big windfall in the booming crypto world. Among the many new possibilities, his three digital currencies – Cardano, Monero and innovative newcomer Scorpion Casino – have emerged as the most attractive options for savvy investors. Each of these digital currencies brings unique strengths. Here, we'll take a closer look at their unique characteristics that make them potential big winners in this bullish business environment. Of particular interest is the unique approach taken by Scorpion Casino, especially its novel approach to pre-sales of crypto assets.⭐Verified…