Day: April 21, 2024

Top cryptocurrencies to watch this week: BTC, WLD, AGIX

Bitcoin (BTC) witnessed mild losses despite a late comeback to the week-long bearish pressure. Meanwhile, artificial intelligence-focused altcoins Worldcoin (WLD) and SingularityNET (AGIX) recorded modest gains. In contrast to Bitcoin’s downward trend this week, the global cryptocurrency market capitalization experienced a slight 1.26% uptick, adding over $30 billion to reach $2.4 trillion at the last check. This rise was primarily fueled by the performances of prominent altcoins during the late-stage market resurgence. This is how most of the mainstream cryptocurrencies performed this week: BTC, WLD and AGIX prices – April…

ARK Invest makes bullish moves ahead of Bitcoin halving

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Ahead of the Bitcoin (BTC) halving, Cathie Wood’s ARK Invest engaged in a series of transactions reflecting the hedge fund’s bullish stance on the cryptocurrency’s trajectory.  Among the notable moves was ARK’s addition of 139,152 units of its in-house spot Bitcoin ETF — the ARK 21Shares Bitcoin ETF — valued at $8.96 million. The purchase followed another substantial buy of $31.19 million worth of the ETF the day before. Not content with just Bitcoin, ARK doubled down on diversification by purchasing 41,068 shares of ProShares Ether Strategy ETF (EETH), totaling…

Bitcoin Miners Reap Windfall as ‘Runes’ Debut Sends Transaction Fees to Record Highs

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Will Celestia (TIA) Hit $130? Analyst Makes Bold Prediction

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Celestia (TIA), a red-hot cryptocurrency in the modular blockchain space, has experienced a rollercoaster ride in recent weeks. After reaching a peak of nearly $16, TIA underwent a correction, plummeting to $7.5 according to CoinMarketCap data. However, the token has displayed remarkable resilience, bouncing back to $11.50 and showcasing strong trading volume – a sign that investors haven’t abandoned ship. Celestia’s Rebound And Investor Optimism The past 24 hours have been particularly kind to Celestia. The token price surged by a significant 6.20%, indicating a shift in investor sentiment towards…

Pro-XRP Lawyer John Deaton Files Amicus Brief in Support of Crypto Exchange Coinbase: Report

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Pro-XRP lawyer and Senate hopeful John Deaton is reportedly filing an amicus brief in support of top US-based crypto exchange Coinbase. According to court documents revealed by Fox Business journalist Eleanor Terrett, Deaton has filed for permission to appear in court in support of 4,701 Coinbase customers in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the crypto exchange. Terrett says that before launching his Senate campaign in Massachusetts, Deaton said he would file an amicus brief on behalf of the customers if the case ever went to the…

Bitcoin Halving Successfully Completed, Fueling Expectations of Price Surge – Blockchain News, Opinion, TV and Jobs

The so-called ‘bitcoin halving’ was completed in the night from Friday to Saturday. This halving takes place once every four years and aims to counteract bitcoin inflation by making the currency scarcer. During the halving, rewards for creating a new bitcoin (also known as mining) are reduced. This has a slowing effect on the rate at which new bitcoins enter the market. It makes the cryptocurrency scarcer, which drives up the price. Miners play a crucial role in the Bitcoin network. They use powerful computers to solve complex mathematical problems,…