Day: April 17, 2024

Crypto Analyst Says Don’t Buy Altcoins Just Yet

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Crypto analyst Crypto Banter has provided insights on whether or not it is the right time to buy altcoins. Specifically, the analyst had reservations about the idea that it was best to buy altcoins that showed quick recovery after a market decline like the one experienced over the weekend. Not The Best Time To Buy Altcoins In a live video on his YouTube channel, Crypto Banter warned crypto investors against “sheepishly” buying altcoins, especially crypto tokens that recovered quickly after the flush. He claimed that anyone who buys these tokens…

Ordinals Explorer Ord.io Nets $2M in Pre-Seed Round to Pioneer Next-Gen Bitcoin Services

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On Wednesday, Ord.io, the Ordinals explorer, announced a $2 million pre-seed funding achievement to pioneer the expansion of Runes. Leonidas, the founder of Ord.io, stated that the startup is strategically positioning itself to “serve the next generation of bitcoiners.” Ordinals Explorer Ord.io Receives $2M Boost In 2024, a significant number of startups connected to the […] Original

The winners and losers from Bitcoin’s halving

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It will be a box office halving for exchanges and ETFs — but a miserable moment for miners and rival cryptocurrencies. The Bitcoin halving is fast approaching, but while early investors will be popping open champagne following the cryptocurrency’s recent rally, the 50% cut to block rewards isn’t great news for everyone. So, who are the winners and losers following this rare event, and how might this affect the markets going forward? The winners “OGs” who have had exposure to Bitcoin for years top the list of beneficiaries. The halving…

Aark Raises $6M Funding to Accelerate LRT Liquidity Integration for High Leverage Trading – Blockchain News, Opinion, TV and Jobs

London, UK, April 17th, 2024, Chainwire Aark announces the successful completion of its Seed Round funding, attracting investment from leading industry pioneers, including HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest. This follows its Pre-Seed in the second quarter of 2023, impressively led by Delphi Digital, with participation from OKX Ventures and Big Brain Holdings. Aark is a 1000x perpetual DEX set to revolutionize the DeFi space by leveraging LRT assets to bolster liquidity for perpetual traders. With the new investment, Aark will grow its team to…

AI-Powered Layer 3 for Gaming powered by Arbitrum Orbit, built on Gelato RaaS – Blockchain News, Opinion, TV and Jobs

Zug, Switzerland, April 17th, 2024, Chainwire Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbit and using Gelato’s Rollup-as-a-Service (RaaS), Anomaly’s new Layer-3 is set to redefine the gaming industry empowering developers to create immersive decentralized gaming experiences with unprecedented speed leveraging AI-enabled Game Engine, while completely abstracting away blockchain complexities. Anomaly streamlines blockchain gaming UX with Account Abstraction enabling user onboarding via social platforms and leveraging SocialFi for game monetization. At…

Whale Alert: MATIC Poised For Epic Surge

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In the ever-volatile landscape of the cryptocurrency market, recent days have seen a surge in turbulence, with Bitcoin and leading altcoins struggling to maintain stability. Among them, MATIC, the native token of Polygon, hasn’t been immune to the downward pressure, experiencing a drop of nearly 2% in the past 24 hours alone. As of the latest data, MATIC is trading at $0.69, marking a 21% decrease compared to the previous week. Source: CoinMarketCap MATIC: Whales Seize The Opportunity Despite the market downturn, some seasoned investors are viewing this as an…

Bitcoin (BTC) Post-Halving – Remember the Macroeconomy: Goldman Sachs

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Bitcoin’s fourth mining-reward halving is just two days away. The quadrennial event will reduce BTC’s per block emission to 3.125 BTC, cutting the pace of new supply by 50%. Previous halvings preceded massive multimonth rallies in BTC, and the crypto community is confident history will repeat itself. Investment banking giant Goldman Sachs, however, cautioned its clients from reading too much into the past halving cycles. “Caution should be taken against extrapolating the past cycles and the impact of halving, given the respective prevailing macro conditions,” Goldman’s Fixed Income, Currencies and…

Bitcoin’s (BTC) Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan

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