Supra is a next-generation, vertically integrated blockchain ecosystem with powerful smart contracts, native Oracles, cross-chain communication, automation, and more into one unified, shared security infrastructure. Josh Tobkin is the Co-Founder and CEO of Supra. He recently joined the Bitcoin.com News Podcast to talk about the future of the crypto ecosystem and how his company fits […] Original
Month: May 2024
Bitcoin (BTC) Price Hits $62K as DOGE, SHIB, NEAR Lead Crypto Bounce After Soft Jobs Data
Arthur Hayes, former CEO of crypto exchange BitMEX, said in his latest essay early Friday that bitcoin has likely bottomed at this week’s lows of $56,000, but warned investors to expect a gradual climb instead of a swift recovery to the March highs as markets will cool for the next few months. “Did bitcoin hit a local low […] earlier this week,” asked Hayes. “Yes,” he concluded. “I expect prices to bottom, chop, and begin a slow grind higher.” Original
Logos inscribes manifesto on record-breaking Bitcoin block
Logos, a decentralized and privacy-centric technology platform, recently inscribed its manifesto on the largest-ever Bitcoin block, measuring 3.99 MB. The event precedes the launch of the project’s Ordinals collection, which uses satoshis, the smallest unit of Bitcoin, to permanently embed digital artifacts on the Bitcoin (BTC) blockchain. The manifesto was inscribed on a 2009 satoshi, found in block 3,479, adding historical significance due to its early Bitcoin origin. The Logos operators, as described by the project, will act as pseudonymous identities for the first users of the Logos technology stack.…
Analyst Discusses Bitcoin Price Path To Heighten Fear Factor
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
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
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
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
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
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
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