Thu, March 28, 2024

Cryptocurrencies

Bitcoin

Bitcoin Will Soon Outperform Expectations

According to analysts, BTC will surpass the “most important assets” in H2 2022. Global interest rate rises push down asset values, but Bitcoin is starting to outperform commodities and tech shares. The best month for Bitcoin (BTC) was October, according to Mike McGlone, a senior commodities analyst at Bloomberg Intelligence, with almost 20% on average …

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Whale

Wales Are Becoming More And More Invested in Bitcoin

Santiment data reveals that whales have been progressively building up their Bitcoin holdings. They have added around 46,173 BTC to their wallets since September 27. At the moment, BTC is worth more than $20,000. Santiment, a blockchain analytics firm, has found evidence of persistent Bitcoin accumulation in crypto whales. According to the statistics, BTC wallet …

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Bitcoin BTC

BTC First Signs of Recovery After Months of Disappointment

According to a new poll, cryptocurrency investors are optimistic about BTC. 62.6% of voters said that the current state of BTC presents a purchase opportunity. The $19,600 resistance level for BTC has changed to a support level. The results of a poll conducted on Twitter (NYSE: TWTR) on October 2 by cryptocurrency user @100trillionUSD indicate …

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Bitcoin

Experts Believe BTC Might Have Gotten Its Sparkle Back

As the U.S. currency rises, Robert Kiyosaki refers to Bitcoin as a “buying opportunity.” The best-selling author of Rich Dad Poor Dad suggested purchasing Bitcoin and two other commodities, warning that a U.S. currency crisis would take place by January. Entrepreneur and best-selling author Robert Kiyosaki has called Bitcoin (BTC), gold, and silver, “buying opportunities” …

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Warner Music To Join Web3

Warner Music Group collaborates with OpenSea to expand artist Web3 opportunities. Selecting artists can introduce their NFT collections and limited-edition projects on their special drop sites. To give some music artists a platform to grow their following in the Web3 community, WMG and nonfungible token (NFT) marketplace OpenSea announced their agreement on September 29. According …

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Crypto

$1 Million In Cryptocurrency Is Lost

The hacker delivered 732 ETH, totaling about $950,000, to the authorized Tornado Cash mixer. Another wallet address that lost over $1.6B has been added to the list of victims of decentralized finance (DeFi). The hacker was discovered after stealing 732 Ether (about $950,000) from an account created using Profanity’s Ethereum toilet wallet address generator, blockchain …

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Crypto

The Crypto Market Down Again, Here Is Why.

The price of cryptocurrencies is falling, and it appears like there is no end in sight. The following three factors explain why bitcoin prices are declining. Due to this year’s market fall, most profitable portfolios are net losers, and new investors may lose faith in Bitcoin (BTC). Investors know that cryptocurrencies are more volatile than …

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Crypto

What Is Holding Crypto Investors Back?

Analysts explain that fear of the unknown prevents traditional investors from investing in cryptocurrency. Jamie Coutts, a crypto analyst, thinks it’s a lost opportunity because conventional asset managers have chosen not to get knowledgeable about cryptocurrencies. According to Jamie Coutts, a crypto market analyst, traditional portfolio managers have hesitated to engage in cryptocurrencies due to …

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Bitcoin, ethereum, cryptocurrency

Why Did Ethereum Sink 10% After Merge?

After successfully implementing its widely anticipated move to proof-of-stake, Ethereum led a slide in cryptocurrency markets on Friday. A stronger dollar and rising U.S. rate forecasts also played a role. The second-largest cryptocurrency in the world fell 10% to $1,474.29, marking its lowest point this month. Ethereum lost all of the gains it had earned …

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Ethereum

The Biggest Update In Ethereum’s History

The execution layer of the Ethereum blockchain will combine with the new PoS consensus layer known as the Beacon Chain, transitioning away from its energy-intensive PoW consensus algorithm. When the network hits a total terminal difficulty of 58750000000000000000000, the Ethereum Merge will take place. The biggest update to Ethereum (ETH) in its history is set …

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NFT

The NFT Creator Doodles Price At $704 Million

The company declared that it would further develop its intellectual property using the funds from the fundraising.   An investment round led by Seven Seven Six, including 10T Holdings, Acrew Capital, and FTX Ventures, raised $54M at a valuation of $704M, nonfungible tokens (NFTs) collecting Doodles reported on Tuesday. Doodles stated that the funding would …

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