Day: April 19, 2024

99Bitcoins token presale gains momentum with $500k raised

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 99Bitcoins has launched a new cryptocurrency, raising $500k in early presale days, aimed at powering its unique learn-to-earn platform designed to reward users for their educational engagement in crypto. 99Bitcoins, a prestigious media outlet, has launched a new presale cryptocurrency 99Bitcoins token. The project has enjoyed significant early success as it raised $500k in its opening days. Investors can still buy in at its presale price of $0.00101, but…

Bitcoin (BTC) Price Bounces as Halving Nears

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U.S.-based spot bitcoin (BTC) exchange-traded funds (ETFs) registered outflows totaling $4.3 million on Thursday, extending a four-day run of withdrawals ahead of the supposedly bullish mining-reward halving. Since April 12, the ETFs have witnessed a cumulative net outflow of over $319 million, with Grayscale’s GBTC accounting for a large share of the withdrawals, provisional data published by Farside Investors showed. On Thursday, GBTC lost $90 million in outflows, which was partially offset by inflows into Fidelity’s FBTC and BlackRock’s IBIT. The Grayscale ETF has experienced outflows since day one for…

The Next Dogecoin? Top Trader Points To This Memecoin

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Crypto trading sensation Ansem, known on X (formerly Twitter) as @blknoiz06, has directed the market’s gaze towards the Bitcoin Runes ecosystem, labeling it as the nascent grounds for the next 100x crypto opportunity, as NewsBTC reported yesterday. Ansem, whose prowess is well-documented through his previous astronomical gains of 170x on Solana (SOL), 520x on dogwifhat (WIF), and 80x on Bonk (BONK), stirred the crypto community with his recent Dogecoin comparison. On the cusp of Bitcoin’s highly anticipated halving today, Ansem doubled down on his initial assessment, particularly highlighting two tokens…

Merlin Chain Launches MERL: A Major Leap Forward in Bitcoin Layer 2 Solutions

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PRESS RELEASE. April 19th, 2024 — Merlin Chain, the largest Bitcoin Layer 2 protocol by total value locked (TVL), is thrilled to announce the launch of its native token, $MERL. As a significant enhancement to the Bitcoin network, Merlin Chain facilitates the rapid growth of decentralized applications (DApps) across various sectors, including decentralized finance (DeFi), […] Original

How AI and blockchain work together?

Discover the synergy between AI and blockchain technology. Explore integration, benefits, challenges, and future trends. Artificial Intelligence (AI) and blockchain are making profound impacts across various sectors, but their potential is amplified when integrated.  AI brings advanced data processing capabilities, enhancing decision-making with speed and precision. Meanwhile, blockchain offers a secure, decentralized ledger that ensures data integrity and transparency.  Together, they create a powerful combination that can address some of the fundamental challenges in technology today. According to a WSJ report, the integration of blockchain in AI could solve the…

Bitcoin Halving: The Cryptocurrency Carnival Buzz

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Forget the World Cup; forget the Super Bowl. In the world of cryptocurrency, there’s a spectacle that trumps them all: the Bitcoin halving. It’s not just any old event in the crypto calendar—it’s the grand fiesta where fortunes can flip and the stakes are sky-high. And it’s happening tomorrow. What’s the Big Deal? Satoshi Nakamoto, the mysterious architect behind Bitcoin, didn’t just create a currency; he scripted a drama that unfolds every four years, pulling in viewers from across the globe. Every 210,000 blocks, Bitcoin undergoes what’s known as a…

Litecoin Poised For $250-$300, But Can It Hold?

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Litecoin (LTC) is proving its toughness in the wild world of crypto. Even with recent ups and downs in the market, Litecoin is holding steady, making investors hopeful about its future. While its price dipped a bit, experts and some charts are pointing towards a big comeback for LTC. Stability In The Midst Of Market Swings Litecoin’s recent performance stands in stark contrast to the broader market trend. While its price did experience a correction, dropping from a peak of $112 to its current value around $81.12, the decline has…

Bitcoin (BTC) Spot ETFs Register Five-Day Withdrawals Streak Ahead of Halving

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“Key liquidity drivers, such as stablecoin growth and US-listed Bitcoin ETF inflows, have slowed down – as we have mentioned for several weeks. ETF flows peaked on March 12, and four consecutive days of net outflows have recently been seen. Demand for US-listed Bitcoin ETFs appears saturated, as even a 10-15% decline in Bitcoin prices has not increased net inflows,” Matrixport said in a market update early Friday. Original