Day: April 18, 2024

5 important facts about the Bitcoin halving

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From the prospects of BTC hitting $100,000 in 2024 — to search interest for the “Bitcoin halving” — here’s a data-driven look at this rare event. Bitcoin is lumbering up for its fourth halving — and no two events are the same. The markets are unrecognizable from where they were even four years ago. Here are five fascinating facts about the 2024 halving. 1. There isn’t much Bitcoin left Bitcoin has been structured, so most of its total supply is already in circulation. After the halving, there will be a…

ceτi AI Acquires Big Energy Investments Inc. to Boost Its High-Performance Computing Capabilities in North America

PRESS RELEASE. Vancouver, Canada — April 18th, 2024 – ceτi AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce its acquisition of Canadian company Big Energy Investments Inc., a firm specializing in strategic investment in high-performance computing infrastructure. This acquisition marks a significant first step in ceτi AI’s strategy to advance the […] Source CryptoX Portal

Analyst Foresees Explosive Surge With ‘God Candle’ On The Horizon

XRP investors are eyeing a potential price surge, and one analyst forecasts an optimistic outlook for the cryptocurrency. Dark Defender, a prominent figure in the XRP community, has drawn parallels between the current market movement and the 2017 historic rally. According to Dark Defender, this resemblance suggests a significant upward trajectory for XRP, potentially culminating in what he refers to as a “God Candle.” Market Analysis And Forecast: A Closer Look At XRP’s Future Dark Defender’s analysis centers around the observation that the current market dynamics echo the 2017 cryptocurrency…

Bitcoin network fees skyrocket amid upcoming halving

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The average fee on the Bitcoin network jumped to $19.48 as the halving approaches. According to BitInfoCharts, fees on the Bitcoin network have increased significantly as the Runes protocol is about to launch. On April 18, the average commission reached $19.48, rising by almost $14 since the beginning of the month. Source: BitInfoCharts The increase in this indicator is likely due to the launch of the Runes protocol by Casey Rodarmor, which was positioned as a simpler alternative to Ordinals. Rodarmor claimed that the main problem with BRC-20 tokens is…

Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC

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Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts of BTC and BNB. Binance Executes Dual Crypto Moves on Thursday: What’s Behind the […] Original

Mango Markets Exploiter Avi Eisenberg Found Guilty of Fraud and Manipulation

Though Eisenberg’s defense team, headed by well-known crypto defense lawyer Brian Klein, argued that Eisenberg was acting within the law, prosecutors showed the jury a bucket of evidence – including internet searches for things like “statute of limitations market manipulation” and “FBI surveillance” and “elements of fraud” and his flight to Israel after his identity as the exploiter was unmasked – indicating he knew his actions were criminal. Source