In recent times, Ethereum has experienced a significant downturn in its value. However, there seems to be some hope on the horizon as the cryptocurrency has found support in a crucial zone. This zone is defined by the 100-day moving average and a critical price range that falls between the 0.5 and 0.618 Fibonacci levels.
In a recent Twitter post, Rekt Capital, a well-known crypto analyst, shared insights into the potential timeline for Bitcoin’s next market peak. According to Rekt Capital, Bitcoin tends to reach its bull market peak between 518 and 546 days following a Halving event. With the current Bitcoin Halving expected to take place between today and
Bitcoin’s fourth halving event, which occurs every four years in the world of cryptocurrency, has recently taken place. This event involves reducing the Bitcoin block reward from 6.25 BTC to 3.125 BTC, representing a crucial moment in the industry. The daily issuance of Bitcoin has been halved, now totaling around 450 Bitcoin compared to the
HashKey, a crypto exchange based in Hong Kong, has announced that it will no longer support transactions related to Binance, starting next month. This decision comes as a result of a change in the platform’s policy, although specific details regarding the new rules have not been disclosed. The exchange will restrict deposits from Binance as
The traditional system of scientific publishing has long been plagued with challenges that hinder the efficient dissemination of knowledge. Scientific journals, while essential for spreading research findings, face issues such as article suitability, high fees, and complex review processes. Despite digital advancements aimed at widening access, inefficiencies and access hurdles continue to persist in the
The bankrupt FTX exchange made a significant move on April 18 by transferring assets from its FTT Treasury wallet to a new wallet address. The transferred assets include 195.87 million FTT tokens valued at approximately $247 million, 1,938 ETH valued at around $6 million, and 6.36 million JOE tokens worth $3.25 million. This transfer left
Amidst the current uncertainty in the crypto markets, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has boldly predicted that the price of Bitcoin could potentially surge to $200,000 after the upcoming halving event. This forecast comes at a time when geopolitical tensions and economic instability are contributing to the volatility in the
Blockchain technology has been making waves in the gaming industry, with the recent announcement of Sony and Microsoft’s plans to integrate blockchain into their consoles. This move signifies a major shift in the gaming landscape, particularly in the realm of NFTs. The integration of NFTs into Playstation and Xbox games opens up a whole new
Binance, the world’s largest cryptocurrency exchange, is gearing up to re-enter the Indian market following a ban imposed by the Indian government. The exchange has agreed to pay a penalty of around $2 million to make a comeback. This move comes after Binance faced criticism for its lack of adherence to regulatory frameworks such as
The recent amended complaint filed by the US Securities and Exchange Commission (SEC) in its case against Justin Sun and other defendants raises important questions about jurisdiction and legal actions related to the unregistered offers and sales of cryptocurrencies. The SEC’s argument revolves around Sun’s alleged extensive visits to the US, claiming that these trips