Experiencing significant selling pressure earlier in the month, Bitcoin (BTC), the world’s largest cryptocurrency, saw a modest recovery on Friday, January 19. At press time, the Bitcoin price is trading at $41,500 levels with a market cap of $803 billion. Bitcoin Sees Bullish Divergence on RSI In a recent update, on-chain data provider Santiment brings […]
Blackrock Strategist Asks Markets to Ditch Cash For This Unique Asset
BlackRock’s Global Co-Head of Bond ETFs Steve Laipply in an interview with Yahoo Finance suggested wider markets to to ditch cash for fixed income sources. Interestingly Laipply ‘s remarks could also give a hint to the wider market about getting into fixed crypto assets. Interest-bearing cryptocurrency accounts allow holders to earn fixed interest on their […]
Shibarium Nears 300 Million Transactions Amid Daily Count Dip
Shibarium, the Layer-2 blockchain solution of Shiba Inu, is nearing a significant transaction milestone as it approaches the 300 million mark. This development marks a noteworthy achievement in the blockchain’s relatively short history since its mainnet launch in August 2023. Shibarium’s Rapid Growth Shibarium, since its mainnet launch on August 16, 2023, has displayed rapid […]
Crypto Price Prediction 4/21: Memecoins Gain Momentum Post-Bitcoin Halving
Crypto Price Prediction: On April 19, 2024, the cryptocurrency market witnessed a major milestone called the fourth Bitcoin Halving— an event that reduces the reward for mining new blocks from 6.25 to 3.125 BTC, thus diminishing the rate at which new bitcoins are introduced into circulation. While this development is perceived as extreme bullish confirmation, […]
Bitcoin’s Maintains Lukewarm Performance Amid S&P 500 Record High
In the current financial climate, experts have noted that the Federal Open Market Committee (FOMC) is expected to maintain steady interest rates. The meeting is scheduled for January 30 and 31. The Fed is reportedly maintaining the status quo due to recent economic data that has been better than expected. Bloomberg analysts note that the […]
Bitcoin Web3 Space Sees Tough Fight Between Runes and Blue-chip Ordinals
Soon after the Bitcoin halving event last Friday, the Bitcoin miners had a gala time despite the 50% drop in the mining rewards. Thanks to the frenzy around the Runes protocol that skyrocketed the Bitcoin transaction fees. The Bitcoin Web 3 space is once again buzzing with activity in April driven specifically by Runes and […]
Coinbase-backed Ondo Finance Announces APAC Expansion Plans
In a strategic move, Ondo Finance, a prominent U.S.-based issuer of tokenized securities backed by Coinbase, has set foot in the Asia Pacific, capitalizing on the region’s surging interest in digital assets. The company, which claims to hold a significant amount of the tokenized securities’ global market share, revealed its plans through a recent press […]
Crypto Price Prediction 4/22: Bitcoin Above $65k Sparks Fresh Relief Rally
Crypto Price Prediction: Following the completion of the fourth Bitcoin Halving, the cryptocurrency market witnessed a fresh relief rally as Bitcoin regained its value above $65000. This upswing promotes local bottom formation for a majority of major coins and recuperates bullish momentum for the post-halving rally. However, as Coingape mentioned in the previous analysis, the […]
XRP Campaign by Gemini Fuels Speculation of Major Development
Gemini, a U.S.-based cryptocurrency exchange, has recently launched a series of social media posts that have set the XRP community abuzz. This surge in activity began with a post subtly bringing XRP into the spotlight, followed by increasingly direct messages that have captivated investors and analysts alike. This campaign, marked by the cryptic hint that […]
Shibarium Outage: Shiba Inu’s Layer-2 Stages Quick Recovery
Shibarium, the Layer-2 network for the Shiba Inu platform faced a temporary outage affecting the platform’s operations and user experience. This development comes just at a time when the Shibarium transaction count witnessed a 160% surge last week. Quick Recovery From Shibarium Outage Shiba Inu ecosystem’s prominent developer Kaal Dhairya provided a further update stating […]