Friday, May 17, 2024
April altcoins show potential to outperform Bitcoin, with ALGO displaying a “Golden Cross” formation, suggesting a new bullish rally. GT gains momentum, surging 98.10% in the past month, while CAKE targets its highest price since May...
Bitcoin's decentralized spirit is threatened by the increasing centralization of mining operations. Major financial institutions are involved in BTC mining, further centralizing decision-making. This change may align it more with traditional financial systems.
Different platforms have unsuccessfully challenged the dominance of the exchange in the country and the upcoming regulatory framework has affected them. A recent report revealed that South Korean exchange Upbit dominates the local...
After a rollercoaster year in 2023, the dog-themed meme coin is showing signs of life in the first half of 2024. Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” is in the news again....
There was a break above a key bearish trend line with resistance at $540 on the 4-hour chart of the BNB/USD pair (data feed from Binance). The pair could gain bullish momentum if it breaks the...
Vitalik Buterin has responded to community concerns about the network transition from PoW to PoS. Buterin highlighted the need and benefits of this change, citing concerns about the centralization of PoW. Despite Ethereum's successful transition to...
Among the cryptocurrencies and projects Forbes mentions are Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA). In a controversial report, Forbes revealed a list of 20 “billion-dollar cryptozombies,” Layer...
Last week, US BTC ETFs had outflows of $156 million, amid the market decline. Meanwhile, GBTC saw inflows for two days in a row as markets improved. Bitcoin ETFs saw outflows of $156...
BlackRock's iShares Bitcoin Trust (IBIT) fund has received no new investments. This lack of flow does not necessarily indicate a decrease in investor interest. The lack of entries in BlackRock's IBIT comes as Bitcoin consolidates.
Senator Lummis, a prominent supporter of Bitcoin and the crypto market in general, has advocated for the companies and actors involved in the current regulatory push. According to the International Monetary Fund, the...