Day: March 21, 2024

Bitcoin Pullback Has Ended? Analyst Declares “Worst Is Over”

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After a stunning retrace, Bitcoin witnessed a notable recovery as Wednesday closes rising from the $61,000 price mark to $67,000, triggering hopes within the cryptocurrency community that a bullish movement might be imminent. However, the crypto asset has not exactly returned to the point it was a week ago, especially since BTC reached a new all-time high last week when it surged beyond $73,000. Bitcoin Correction Has Bottomed Out With Bitcoin surpassing its previous all-time high and rising even further to set a new peak of $73,000, March has been a…

Bitcoin Faces One Major Hindrance To Reaching New $75,000 All-Time High

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Bitcoin is still struggling to reclaim its all-time high even after staging an impressive recovery in the last day. The bounce up from $60,000 to $68,000 has no doubt reignited confidence in the market, but the cryptocurrency continues to face some challenges in its bid for a new all-time high. Outflows Continue To Rock Bitcoin ETFs Over the last few months, Spot Bitcoin ETFs have done very well when it comes to inflows, hitting record after record. This saw issues such as BlackRock garner a large number of coins in…

Bitcoin Mining Stocks Rally Ahead of Halving: Double-Digit Gains Mark Midweek Surge

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Publicly traded bitcoin mining companies experienced a revival this week, as numerous stocks saw double-digit increases on Wednesday. Shares of Cleanspark soared by 22.8%, Marathon’s shares climbed by 16.1%, and Riot’s shares increased by 11.81% throughout the trading day. Bitcoin Mining Equities See Recovery With Stellar Wednesday Gains With less than a month remaining until […] Original

Bitcoin Traders Capitulate: Here’s What Happened Last 2 Times

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On-chain data shows the Bitcoin investors have been capitulating recently, a sign that FUD has been gripping the market. Bitcoin Total Amount Of Holders Has Seen A Drop Recently According to data from the on-chain analytics firm Santiment, the Bitcoin Total Amount of Holders has registered a notable decline recently. The “Total Amount of Holders” here is an indicator that measures the total number of addresses on the BTC blockchain that are carrying some non-zero balance right now. When the value of this metric trends up, it can mean that…

Is Cryptocurrency Right for Your Small Business?

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Cryptocurrency is simply digital currency, an online medium of exchange via blockchain technology. It’s encrypted , immutable, and decentralized. According to Statista, the global cryptocurrency market could grow from $51.5 billion in 2024 to $71.7 billion by 2028 at a compound annual growth rate of 8.62%. In recent years, we’ve witnessed the growing adoption of cryptocurrency among companies across different industries, but is it right for your small business? Cryptocurrency now leads the financial technology, paving the way for digital transactions in business worldwide. Small businesses can attract international consumers…

Opensea introduces Seaport 1.6, cutting gas fees up to 5% for some transactions

OpenSea and the Seaport Working Group have released Seaport 1.6, the most recent version of the NFT marketplace protocol for the Ethereum Virtual Machine (EVM) ecosystem. ‘Seaport hooks,’ a new feature of the upgrade, is modeled around Uniswap v4 hooks. The goal of this feature is to facilitate the development of applications that increase NFTs’ utility and liquidity. By functioning as order fulfillment plugins, these hooks enable developers to easily integrate custom contracts into the Seaport protocol. OpenSea and the Seaport Working Group are thrilled to unveil Seaport 1.6 — the…

BTC pumps again with a 7% rise as Green Bitcoin also gains

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin rebounds with a 7% rise, reaching $67.5K after a significant drop, as Green Bitcoin’s eco-friendly ICO attracts over $7 million in investments, signaling growing investor interest. Following a deep selloff to lows of $61.5K, Bitcoin bulls are back in control as it climbs 7% today to $67.5K. Meanwhile, the new ICO Green Bitcoin is also gaining pace as its total raise surpasses the $7 million mark. Traders speculate…

Crypto Exchange OKX Says Its Ending Services in India in Response to Regulation

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…