[ad_1] The competition has notably intensified in recent months for the 2024 U.S. presidential election, as indicated by the prediction market platform Polymarket. Just two months ago, former President Donald Trump was ahead with a 52% lead, while incumbent Joe Biden was at 33%. Current figures from Polymarket still place Trump in the lead, albeit … Read more
[ad_1] Over the past decade or so, countries around the world have resorted to seizing cryptocurrencies. The United States government stands at the forefront, boasting crypto holdings of almost $15.27 billion. This substantial stash includes 212.847k BTC and 45.654k ETH. US Leads with Holdings of $15.27B Silk Road is perhaps the most infamous case where … Read more
[ad_1] Following the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a daily basis. Should the prices remain low leading up to the forthcoming halving event scheduled for next week, certain mining devices may only be … Read more
[ad_1] TL;DR Bitcoin’s market cap may reach $3 trillion post-halving, driven by several important factors. Opinions on BTC’s future value vary, with optimistic projections as high as $100K, alongside broader industry growth expectations led by figures like Ripple’s CEO. The Halving’s Possible Impact Bitcoin’s market capitalization recently reached an all-time high of over $1.43 trillion, … Read more
[ad_1] Crypto market analytics platform CryptoQuant believes the effects of Bitcoin halvings have been diminishing and that the upcoming event will have an even smaller impact on BTC’s value. In the latest edition of the firm’s weekly crypto report, analysts said the effect of the halving has been reducing because the new issuance of BTC … Read more
[ad_1] Around 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets in the country, are among the reasons why the won is now the second most-used fiat currency. Decline in 2021/2 Crypto-to-Stablecoin Volumes … Read more
[ad_1] TL;DR Shiba Inu (SHIB) has recently dropped in value but is predicted to rebound strongly due to favorable technical signals and recent breakout patterns. Positive signs for the meme coin include a decrease in exchange netflows, advances in its Shibarium layer-2 solution, and a significant increase in its burn rate. Where is SHIB Headed? … Read more
[ad_1] TON Society announced a proof-of-personhood program targeting Telegram users, who can voluntarily scan their palms in exchange for benefits. The organization allocated 1 million TON for this initiative, distributed among 500 million participants in the next 5 years after completing their palm verification using Humancode’s artificial intelligence (AI) biometric tech. TON Society Announces Digital … Read more
[ad_1] Bitcoin’s price took a massive turn to the worse yesterday with a decline that pushed it south by about five grand in hours. The altcoins’ losses were even more significant, which is evident by the rising BTC dominance. Many meme coins dumped by over 20%. BTC’s Crash The business week was actually going relatively … Read more
[ad_1] The cryptocurrency market is known and critiqued (by some) for its enhanced volatility, a good example of which it witnessed in the past 12 hours or so when prices tumbled, leaving nearly $1 billion in liquidations. Bitcoin was among the least affected assets, but its price still tumbled from around $71,000 to $65,000 before … Read more