Month: April 2024

Major Bitcoin Developments Points To A Wilder Bull Cycle Than Anticipated

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Lark Davis, a well-known cryptocurrency analyst and trader, has identified several significant developments in the Bitcoin ecosystem that could trigger an even more intense bull cycle than initially anticipated. Davis’s perspective delves into the revolutionary changes in the Bitcoin ecosystem, such as institutional and global acceptance, which hold the potential to accelerate the current bull market. According to the analyst, there is about to be a big shock to the Bitcoin supply. This is a result of miners now being able to produce just 450 BTC each day, due to the…

Tokenization Company Backed Gets $9.5M Investment as Crypto’s Real World Asset Race Increases

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

HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels

Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong Kong’s Bitcoin ETFs Start Slow […] Source CryptoX Portal

Fantasy Metaverse Darklume – Presale is LIVE – Blockchain News, Opinion, TV and Jobs

Casal Di Basso CS, Italy, April 29th, 2024, Chainwire Darklume VR, a trailblazer in the VR entertainment industry, proudly announces its launch of DarkLume VR, an amazing virtual world where the user can experience fun, entertainment, and fantasy elements like never before.  The mission of DarkLume VR is to create a dynamic and immersive metaverse in which users can connect with like-minded individuals and experience the epitome of luxury and sophistication.  Users can join the presale here. Darklume VR transports players into a realm where reality meets fantasy, offering an…

XRP Can This 23 Million Token Purchase Spark A Rally?

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The cryptocurrency market continues to navigate a period of sluggishness. Yet, a recent whale activity has injected a flicker of hope for XRP, the native token of Ripple. On Tuesday, a significant investor, commonly referred to as a whale, acquired a hefty 23 million XRP, sparking renewed interest in the embattled token. Whale Movement: A Sign Of Shifting Tides? The purchase was identified by Whale Alert, a platform that tracks large cryptocurrency transactions. The tokens originated from a Binance exchange wallet, with the recipient address remaining undisclosed. However, the fact…

Bitcoin Falls to $62K as Hong Kong ETFs Fail to Meet Expectations

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Bitcoin fell below $62,000 during the European morning, having treaded water around $63,000 throughout most of the Asian session. BTC was changing hands at about $61,670 at the time of writing, down 1.3% in the last 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), has dropped around 2.7%. The debut of crypto ETFs in Hong Kong looks unlikely to inject any life into this sedentary market for now, with BTC products drawing just $8.5 million in volume and ETH drawing $2.5 million on…

Yue Minjun Revolutionizes Bitcoin Art Scene with Pioneering Ordinals Collection on LiveArt – Blockchain News, Opinion, TV and Jobs

NEW YORK, United States, April 30th, 2024, Chainwire The first major contemporary artist to adopt the Bitcoin blockchain LiveArt proudly unveils Human by Yue Minjun, the first-ever Ordinals collection from a contemporary art giant. Remote Blockchain Education – Blockchain Partners This pioneering collection of 1,200 unique digital masterpieces on the Bitcoin blockchain chronicles the pivotal moments defining our digital age. With over $150 million in physical and digital art sales, Yue Minjun’s iconic laughter echoes louder than ever. “Bitcoin blockchain has the credibility and permanence that is unmatched in the…

WBTC loses its peg to Bitcoin on Justin Sun-backed Poloniex

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Justin Sun’s crypto exchange Poloniex sees WBTC trading at a 20% discount, raising concerns over its peg to Bitcoin. The price of Wrapped Bitcoin (WBTC) on Poloniex in a trading pair with BTC has dropped by 22%, raising concerns over the exchange’s ability to offer trades in the WBTC/BTC pair. According to Poloniex’s data, the exchange recorded no trading activity in the pair over the past few days. At the time of writing, WBTC is trading at a 22% discount to BTC, indicating a value of approximately $48,738 within the…

Crypto Analyst Calls It One Of The Most Attractive

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Cold Blooded Shiller (@ColdBloodShill), a well-known figure in the crypto analysis community, recently shared a technical analysis of the PEPE/USDT pair on Binance, marking it as one of the most promising charts in the current market landscape. With his analysis, posted to his 272,000 followers on X, he describes the potential movements of PEPE, both bullish and bearish, as it approaches a critical juncture on its trading chart. Why PEPE Is One Of The Most Attractive Crypto’s Right Now The chart, set on a four-hour time frame, details PEPE’s price…