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As the world gets excited about the upcoming Bitcoin halving and the resulting Bitcoin (BTC) price, it's important to take a moment to do a reality check.This feature is part of CoinDesk's “Future of Bitcoin” package, published to coincide with Bitcoin's fourth “halving” in April 2024.David Bailey is Azteco's Chief Marketing Officer. For the majority of the world, half-life means nothing. Essentially, it's a simple evolution of the amount of money people who process Bitcoin transactions receive. All electronic payments require some kind of processing, whether made by credit card, Venmo, or a tap on your phone.Bitcoin trading is no…

The 2024 US elections are just around the corner, and all financial markets, including the crypto market, are watching with anticipation. The latest developments show President Joe Biden overtaking Republican President Donald Trump in six of the seven key battleground states. In his report, Bloomberg highlights that Democrats may now have widening their lead in six states, according to polls conducted by Bloomberg.President Biden takes control in 6 statesPresident Joe Biden overtook Republican Donald Trump in six of seven key battleground states, with decisive victories in at least two of them. The results show that Democrats have the highest approval…

Tuesday saw US interest rates test the upside again, this time on the back of an improving durable goods report. The 10-year Treasury yield rose to 4.27% before turning the corner and rebounding below Monday's close of 4.25%. This was buoyed by a strong 5-year auction this time around, after his 2-year sale last time was slightly delayed. However, with PCE's release coming at the end of the month between the Good Friday and Easter long weekends, I'm reluctant to bet on anything major just yet. Overall, however, we believe market interest rates are trending higher due to a lack…

The Commodity Futures Trading Commission (CFTC) refers to both Ethereum (ETH) and Litecoin (LTC) as commodities in its recent KuCoin lawsuit filing. In fact, the CFTC recently filed a civil enforcement action amid criminal charges against the exchange and two of its founders. The complaint alleges that KuCoin “illegally engaged in commodity trading outside of the exchange” without registering with the CFTC. Additionally, the commission in its complaint identifies Bitcoin, Ethereum, and Litecoin as products that investors were able to trade. Just in: CFTC says Ethereum and Litecoin are products in Kucoin lawsuit. — Watcher.Guru (@WatcherGuru) March 26, 2024 Also…

Owners of the largest Bitcoin wallet addresses moved more than $6 billion in Bitcoin today, the first such move since 2019. Blockchain data company Arkham Intelligence highlighted Actions on Twitter on Tuesday. He is said to be the fifth richest Bitcoin holder with 94,500 Bitcoins (worth more than $6.05 billion at current prices). Arkham pointed out that the whale moved BTC to three different addresses. It is not clear who the address belongs to, but such major owners are often corporations. In the field of cryptocurrency, whale These are individuals or entities who accumulate huge amounts of Bitcoin (at least…

In this article, we discuss the 11 crypto stocks with the biggest upside. To skip the detailed analysis and latest updates around cryptocurrencies, go directly to the 5 Crypto Stocks with Biggest Upside.Since the launch of the first cryptocurrency, Bitcoin, there have been voices rejecting this asset class as anything substantial. However, over the years, it has been proving all of those voices wrong. Bitcoin has been proving to be “digital gold” as investors and analysts like Cathie Wood and Deutsche Bank Research’s senior strategist Marion Laboure call it. Bitcoin reached its all-time high on March 13, crossing $73,000. Wood…

(AI video summary) Australian dollar/yen Angeline Ong gives us a sneak peek at the key events and indicators to watch on Wednesday, March 27th. We'll start with Australia and look at the Consumer Price Index (CPI) for February. This indicator measures changes in the prices of goods and services and compared to last year he is expected to show an increase of 3.5%. Ong also draws attention to the AUD/JPY pair. There, she noticed a strong upward triangle pattern, suggesting that the currency pair is likely to continue its uptrend. France and Eurozone data Moving on to France, the Consumer…

Global credit rating agency S&P said in its latest economic outlook that weak productivity and uncertainty over high labor costs could set back economic output in the euro zone. advertisementThe eurozone faces a weaker-than-expected growth outlook over the next two years, and inflation may recede as quickly as many expect, resulting in fewer European Central Bank (ECB) interest rate cuts. The latest economic forecasts by World Credit Ratings agency S&P suggest that it may be possible.Regional GDP growth is expected to be 0.7% this year, slightly lower than S&P Global Ratings' previous forecast of 0.8%.It is questionable whether the recovery…

Mushmirbat Analyst predicts Ethereum price could reach $5,000 level Read U.TODAY google news Ethereum (ETH) has started It exhibits significant bullish behavior and sends the community and investors into a state of feverish anticipation. Renowned crypto analyst Jere shared his insights on social media, suggesting that ETH price is on track to unprecedented heights.He suggested that Ethereum’s retest of the $3,300 level appears to have been successful. Thereafter, the analyst noted that there is minimal resistance blocking the path to new all-time highs, and expressed his intention to maintain his holdings until a fairly high valuation is reached, and the…

The correlation between Bitcoin and stocks witnessed a downward trend post-COVID-19. BlackRock advised limiting King Coin exposure to 1% to 3% for risk management. Bitcoin [BTC] It was always a bit of a mystery. Sometimes they act like risky tech stocks, and other times they have a mind of their own. It looked like it would follow the stock market in 2023, but things changed in November when the connection with stocks faded. Lately, however, BTC seems to have become more tied to stocks. Speaking at the Bitcoin Investor's Day conference in New York City, Robert Mitchnick, head of digital…