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Bitcoin (BTC) investors enjoyed a lot of gains last week as the crypto asset rose 9.34% to trade above $71,000, based on data from CoinMarketCap. Most of the BTC market is currently very excited about the significant price increase that the current bullish cycle could bring. However, Bitwise CEO Hunter Horsley commented on the near future, saying that the upcoming halving event, which is a key part of the bullish cycle, could result in an impending significant reduction in the token's supply, leading to a decline in Bitcoin trading. He said it could be the most important in history. Bitcoin…
The 2024 alt season is just around the corner and famous trader Mikybull Crypto has revealed his secret weapon. A list of altcoin projects poised for explosive growth, where your investment could go from 10x to an astonishing 100x. Interested in discovering these hidden gems and reaping big profits? Let's take a closer look at Mikybull's recommended altcoins. A hidden opportunity for you! AI (SleeplessAI_Lab) The altcoin recently broke out of a triangle pattern and is currently trading solidly, suggesting it could be on an upward trajectory in the near future. ENQAI (enq_AI) ENQAI sits at a solid support level…
Crypto mining stocks and crypto prices don't necessarily move in unison, but generally speaking, if crypto is doing well, so are the miners. That was the dynamic this week, as the 2024 Great Crypto Rally moved forward at full speed and miners joined in. According to data from S&P Global Market Intelligence. clean spark (CLSK -8.22%) It has risen nearly 9% over this period. crypto mining (CIFR -3.38%) almost 12% progress; hut 8 (hut 11.97%) had a very good trajectory with a gain of just under 27%. Halving should increase demand for Bitcoin We're pretty close to the latest half-life.…
Crypto mining stocks and crypto prices don't necessarily move in unison, but generally speaking, if crypto is doing well, so are the miners.That was the dynamic this week, as the 2024 Great Crypto Rally moved forward at full speed and miners joined in. According to data from S&P Global Market Intelligence. clean spark (NASDAQ:CLSK) It has increased nearly 9% over this period. crypto mining (NASDAQ:CIFR) almost 12% progress; hut 8 (NASDAQ:HAT) had a very good trajectory with a gain of just under 27%.Halving should increase demand for BitcoinWe're pretty close to the latest half-life. Bitcoin (Cryptocurrency: BTC). For those unfamiliar,…
As the crypto market continues to evolve, innovative protocols will be created that provide unique value to the crypto community. That's why top crypto analysts say the future of cryptocurrencies and their international community is promising. The Theta Network (THETA) and Monero (XMR) protocols are good examples of this. This article is sponsored content and does not reflect the opinions of the CryptoDnes team. This material does not constitute investment advice and is provided by the respective companies. Supporters of Theta Network (THETA) and Monero (XMR) are exploring the following possibilities: Pushed (PUSHD)In e-commerce. Things are also looking good for…
Following analysts believe that Bitcoin (BTC) is currently holding its value while gearing up for a parabolic move. In a new video update on YouTube, pseudonymous analyst Recto Capital tells his 70,600 subscribers that he expects the King cryptocurrency to reach new highs soon, based on historical precedent. Therefore, Bitcoin's current value may not last long. “This re-accumulation range at this high point is [around $70,000] It's just noise, preparing for a bigger movement. And it's not a question of “if” but “when,” and it's also a question of time. Because the more consolidation we can do here, the more…
Expectations surrounding the approval of an Ethereum ETF are rising as the Securities and Exchange Commission (SEC) takes a closer look at Ethereum's security situation. Meanwhile, the move has dampened market sentiment recently, with market participants expecting a delay in Ethereum ETF approval. Notably, blockchain company ConsenSys has taken a step forward and asked the SEC to recognize Ethereum's advanced safeguards amid concerns about possible approval delays. ConsenSys supports approval of Ethereum ETF To strengthen the case for the Ethereum ETF, ConsenSys submitted a comment letter to the SEC highlighting the robust security measures inherent in Ethereum's design. The letter,…
Next article Solana is up 15% from last week What's the story? Bitcoin fell 0.25% in the past 24 hours to trade at $70,215.90. This is an increase of 9.97% compared to last week. Ethereum, the second most popular token, is trading at $3,527.76, down 1.20% from yesterday. Compared to the previous week, it increased by 6.14%. Bitcoin and Ethereum have market capitalizations of $1.376 trillion and $422.59 billion, respectively. How are other popular cryptocurrencies doing today? BNB is trading at $608.25, down 0.54% from the previous day and up 10.51% from last week. XRP has gained 1.07% in the…
The crypto market is currently undergoing a correction, with Bitcoin correcting to a price of around $70,000, with investors bracing for further declines. However, overall market sentiment remains positive, highlighted by the solid performance of most major altcoins. Notably, Cardano (ADA) price predictions are on track for a 4.35% price increase, while Monero (XMR) investors are watching the price settle around $138.28, and the recent Binance delisting. shows resilience in the face of Block DAG (BDAG) has raised over $10.4 million and is rapidly gaining traction in the presale space. Good news for Monero investors There is hope for Monero…
As the price of Ethereum begins to show significant increases, dormant ETH addresses are starting to wake up. According to a recent report, a wallet holding 1,000 Ether is back in action after being inactive for nearly a decade. Notably, this Ether holder is looking to profit from the rise in Ethereum (ETH) price. Dormant address containing $3.5 million worth of ETH becomes active after more than 8 years On March 29th Tweeton-chain tracker Whale Alert has discovered movement of a dormant pre-mine Ethereum address. 💤 1,000 dormant pre-mining addresses including #ETH ($3,566,925) has been activated for the first time…