Day: April 8, 2024

Why $100,000 Isn’t Much Further Away

boss

With the fourth Bitcoin halving just 12 days away, the community is buzzing with anticipation, speculating on the potential for Bitcoin to breach the significant $100,000 threshold. Joe Consorti of Theya Research has offered a comprehensive analysis, diving into the intricacies of Bitcoin’s current market position and the factors that might catapult its value to new heights. This event, a cornerstone in Bitcoin’s design to halve the rewards for mining new blocks every four years, historically triggers a bullish momentum, and the present scenario appears to be aligning with past…

Is It Time for Altcoins to Shine? Analyst Predicts Shift in Crypto Dynamics

Throughout this week, while bitcoin and ethereum have been consolidating, vibrant discussions about the elusive ‘Altcoin Season’ have intensified across forums and social media platforms like X. Some anticipate that a rally among altcoins is on the horizon, even though the Altcoin Season Index still suggests it is “not Altcoin Season.” Altcoin Season Index Inches […] Source CryptoX Portal

XRP Price Drops After Massive Whale Dump

boss

It is now doubtful that the Ripple Labs cryptocurrency, XRP, would be able to hit the much-anticipated $1 price objective this month as its pricing has taken a negative swing today. The market’s general unease over the impending Bitcoin halving and a significant transfer of XRP tokens by a whale also correspond with this fall. Whale Offloads Millions Of Tokens Data from from blockchain tracker Whale Alert shows that an unknown wallet transferred nearly 25 million XRP tokens worth $14.75 million, to the cryptocurrency exchange Bitstamp. This transaction sparked speculation…

HashKey’s Crypto Exchange HashKey Global Goes Live After Winning License in Bermuda

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CryptoX is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CryptoX 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. CryptoX operates as…

Bitcoin drops below $69k; AI altcoin newbie set for surge

boss

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s plunge below $69,000 sends shockwaves through the crypto market, while the new AI cryptocurrency InQubeta gears up to change blockchain investments amidst the turmoil. Bitcoin’s latest plummet below the $69,000 threshold has sent ripples through the cryptocurrency market, affecting the stock performance of major industry players like MicroStrategy and Coinbase. This downturn, happening just weeks before the anticipated Bitcoin halving, has stirred speculation and analysis within the crypto…

Latam Insights: Paraguay Targets Bitcoin Miners, Brazil Mulls Crypto Taxation Changes

boss

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguayan lawmakers introduce a bill to ban cryptocurrency mining, Brazil to change crypto taxation framework, and a poll finds that Latam believes CBDCs might help combat corruption in the region. Paraguayan Lawmakers Introduce […] Original

BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements

The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking to examine the potential benefits of tokenization for improving cross-border settlements. Agorá includes the participation of seven central banks and private institutions to be convened by the Institute of International Finance (IIF). BIS to Explore […] Source CryptoX Portal

Borroe Finance’s ROE presale shows promise and could outpace BONK and SUI

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While BONK (BONK) and SUI (SUI) have experienced a price downtrend, Borroe Finance (ROE) has emerged as a beacon of hope to their holders.  ROE’s thrilling presale journey has become ever-praisable and could potentially outrun BONK and SUI after its official release. Let’s learn more about these top DeFi coins. Borroe Finance: Unlocking wealth opportunities Despite being a presale token, Borroe Finance has become a burning hot commodity among…