In the second quarter, the digital assets landscape saw mixed performance, with crypto assets lagging behind more traditional assets, according to research by broker Canaccord Genuity. Despite the buzz around Bitcoin exchange-traded funds (ETFs), Bitcoin remained rangebound throughout the quarter, despite major events such as the Bitcoin halving and the SEC’s approval of spot Ethereum
Crypto
Bitcoin price saw a rise on Monday, bouncing back from recent losses, although overall sentiment towards the token and the broader crypto markets continued to remain negative. The recovery, however, was not without its challenges due to the looming threat of a potential major liquidation event connected to the defunct Mt Gox exchange. The liquidators
Billionaire investor Peter Thiel recently shared his thoughts on the current state of Bitcoin, suggesting that a significant portion of its potential value has already been realized. Thiel believes that the days of significant price increases for Bitcoin may be behind us, expressing doubt that the cryptocurrency will experience dramatic growth in the future. Thiel
Sonic, the groundbreaking atomic SVM chain, has made waves in the world of blockchain technology with its recent launch of the incentivized testnet “Odyssey.” This milestone achievement has seen over 100,000 connected wallets and a staggering 17 million transactions, setting the stage for a highly anticipated mainnet launch. Backed by Cypher Capital, a renowned crypto
As Bitcoin experiences a record low in weekend trading activity, MicroStrategy co-founder Michael Saylor’s recent message about Bitcoin expanding one’s universe resonates loudly. Saylor’s bold statement stands out amidst the current market stagnation, where trading of the largest cryptocurrency has dropped significantly during weekends. This shift in trading patterns indicates a sentiment of boredom and
Bitcoin’s recent price movements have been quite tumultuous, with a slight recovery seen after a dip over the past couple of weeks. Santiment, a market analytics platform, points to a short-lived rebound in Bitcoin, but there are indications that a more significant bounce may be on the horizon. The analysis conducted by Santiment reveals a
Entrepreneur and influencer, David Portnoy, recently shared his strategy for investing in Bitcoin based on price levels. In a video on his X account, he made it clear that he is not interested in buying Bitcoin at the $60,000-61,000 range. However, if the price drops below $50,000, he plans to invest $5-10 million in Bitcoin.
Bitcoin recently experienced a significant drop in value, falling below $60,000 after reaching a high of $71,000. However, there is hope for a potential reversal in the near future as BTC has entered the lower threshold of the sideways market channel. The 200-day moving average and historical support level at $58,000 suggest a possible rebound.
In the ever-evolving world of blockchain technology, advancements are constantly being made to enhance efficiency, reduce costs, and improve user experiences. One such recent development is the integration of zkVerify, a modular protocol optimized for zero-knowledge proof verification, into ApeChain’s Jenkins Testnet. This integration, spearheaded by Horizen Labs on behalf of the ApeCoin DAO, is
In a recent announcement on June 27th, 2024, AdEx revealed the launch of its updated platform, positioning itself as a powerful tool tailored for Web3 advertisers seeking to engage with a broader Web2 audience. This repositioning comes with a host of technological advancements, such as the integration of Artificial Intelligence (AI) and Zero-Knowledge (ZK) privacy