Bitcoin has recently experienced a decline in price after briefly surpassing the $72,000 mark on April 8. One of the key factors contributing to this price drop is the upcoming release of the March Consumer Price Index (CPI) data on April 10. Market experts anticipate that the report will indicate a rise in overall inflation,
Shiba Inu (SHIB) has recently experienced a price drop, with the token trading at around $0.00002734 at the time of writing. This marks a 3% decline on a daily scale and a 20% drop on a monthly basis. The fluctuating price has left investors uncertain about the future of SHIB, but analysts remain optimistic about
Bitcoin, the undisputed king of cryptocurrencies, has once again taken investors on a wild ride. Just days after surging over the weekend and coming close to surpassing its all-time high, the digital asset has now dipped below the crucial $70,000 mark in the last 24 hours. This sudden correction has left many wondering if the
Fred Thiel, the CEO of America’s largest crypto mining firm, Marathon, expressed his view that the recent approvals of spot Bitcoin ETFs have accelerated what would typically have been the post-halving rally in the market. According to Thiel, the ETF approval has attracted significant capital into the market, leading to an earlier price appreciation than
Gunzilla Games, a prominent video game developer, has recently made waves in the gaming industry by integrating the GUNZ blockchain into the popular NFT marketplace OpenSea. This integration allows players to trade in-game items for Gunzilla’s upcoming first-person battle royale shooter, Off the Grid, as well as for any future games released on the Avalanche-based
In a recent Senate hearing, Senator Tim Scott criticized the current US administration for placing undue focus on digital assets as a means to combat terrorism financing. Scott argued that the administration is making digital assets the “scapegoat” while ignoring more significant sources of funding for terrorism, particularly those benefiting Iran. He pointed out that
The introduction of Bitcoin spot ETFs in the U.S. market has led to significant net inflows of $12.3 billion within the first three months of their launch. This influx of capital has raised questions about the broader impact of these ETFs on the Bitcoin market as a whole. A detailed analysis by Glassnode analyst James
The recent explosion of ANSEMWIF, a spin-off coin inspired by influencer Ansem, has taken the world of meme coins by storm. Despite not having official approval from Ansem, ANSEMWIF saw a rapid rise in value, reaching an all-time high of $0.002875 before experiencing a significant retracement. Currently trading at $0.0003 with a 24-hour change of
Toncoin recently made waves in the cryptocurrency market by surpassing Cardano in terms of market capitalization. According to CoinMarketCap data, Toncoin (TON) reached a market capitalization of $23.1 billion, edging out Cardano’s $21.5 billion. This shift in ranking among the top 10 largest cryptocurrencies highlights the rapid growth of TON in recent times. One of
As the countdown to Bitcoin’s halving event continues, investors are eagerly awaiting the potential market impact. Top cryptocurrency expert and trader Benjamin Cowen has raised a red flag by highlighting a trend that could lead to a significant decline in BTC’s price post-halving. Cowen suggests that if Bitcoin follows a previous pattern, there may be