May 3, 2024

Analyst Discusses Bitcoin Price Path To Heighten Fear Factor

May 3, 2024 boss

MilkyBull, a well-known personality in the world of cryptocurrency analysis, has drawn attention lately for his analysis of Bitcoin’s price trajectory and his prediction of a situation that might cause more fear in the market. MilkyBull’s analysis delves into the subtleties of Bitcoin’s movement, identifying patterns and trends that could have a big impact on investor mood. Bitcoin Triggering Anxiety In The Market According to the analyst, the market will get even more fearful of the Bitcoin price path before it bottoms out and continues to rise. The analyst claimed…

Swiss Exchange SIX Partners with Dubai Financial Market for Dual Listings

May 3, 2024 boss

Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of…

Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours

May 3, 2024 boss

After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their positions liquidated over the last day. […] Original

Bitcoin Price Can Still Drop To $50,000

May 3, 2024 boss

Leading international cross border bank, Standard Chartered has predicted steep price declines for Bitcoin, foreseeing a pessimistic future outlook for the pioneer cryptocurrency amidst broader market downturn. Bitcoin Could Plummet To $50,000 As of writing the price of Bitcoin is trading above $59,000, according to CoinMarketCap. The cryptocurrency has been experiencing massive price drops after the Bitcoin halving on April 20, 2024, further exacerbated by the Federal Reserve’s (FED) decision to keep interest rates unchanged during the Federal Open Market Committee (FOMC) meeting On Wednesday, May 1. Standard Chartered bank…

Polkadot and Cosmos Gain in a Rocky Week for Crypto: CoinDesk Indices Market Update

May 3, 2024

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source

Bitcoin outperformed Amazon, Netflix over last decade

May 3, 2024 boss

Bitcoin, crypto’s top token, outperformed equities from tech giants like Amazon, Google, and Netflix over the previous 10 years. Despite only debuting 15 years ago, Bitcoin (BTC) has successfully competed with the biggest names in the technology industry. At the close of 2014, a BTC cost about $378. Recently, digital assets have been largely in a downturn, and BTC changed hands 16% below its all-time high set in March, at $61,500 per token price at press time, per CoinMarketCap. BTC price chart | Source: CoinMarketCap Bitcoin ranked second among tech…

Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut

May 3, 2024

Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across various decentralized exchange (dex) platforms, as reported by several different price aggregation websites. FRIEND Starts Strong but Value Plummets […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin’s (BTC) Recent Weakness Has Not Been Isolated to Crypto Markets, Coinbase Says

May 3, 2024

“The average weekday spot volume on CEXs during 1Q24 was $18.8 billion, more than eight-fold the $2.3 billion daily volume of U.S. spot ETFs over the same period,” the note said. “This discrepancy in activity leads us to believe that bitcoin’s price discovery still remains rooted in global demand trends.” Source

Crypto Exploiter Steals $68M Worth of Wrapped Bitcoin (WBTC) Through Wallet-Address Poisoning

May 3, 2024

Address poisoning is a technique that involves tricking the victim into sending a legitimate transaction to the wrong wallet address by mimicking the first and last six characters of the true wallet address and depending on the sender to miss the discrepancy in the intervening characters. Wallet addresses can be as long as 42 characters. Source

Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto

May 3, 2024 boss

On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to the one that previously held the record as the largest, was mined by Marathon. Record-Setting 841,886 Bitcoin Block Mined, Outpacing Previous Milestone Marathon has […] Original