Bitcoin (BTC) is having a rough time, slipping below the $91,000 mark and hitting an intraday low of $90,742. The global crypto market has taken a 3.24% dip, bringing its total value down to $3.16 trillion as of Tuesday afternoon. Crypto Traders Reeling as $113M in Bitcoin Longs Wiped Out The last 48 hours haven’t […] Original
Este artículo también está disponible en español. In an interview with CNBC on Monday, Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ: MARA), shared his bullish outlook on Bitcoin. He emphasized the growing institutional interest and a favorable regulatory environment that could propel the BTC price to new highs. Thiel dismissed the impact of the recent Bitcoin halving, stating, “I think the halving had zero effect.” Instead, he attributed the Bitcoin price surge to the introduction of spot exchange-traded funds (ETFs) earlier this year. “In January, you had the ETFs…
Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases. Altcoin Season Teases Investors Two weeks ago, the Altcoin Season Index (ASI) scored a modest 37 out of 100, […] Source CryptoX Portal
Este artículo también está disponible en español. The Dogecoin price has been gearing up for a major bull rally since it rose to the $0.4 threshold and began testing this resistance. Shedding light on Dogecoin’s future bullish trajectory, a crypto analyst has discussed the importance of the $0.22 50-day Moving Average (MA) in determining the Dogecoin price movements in this bull cycle. How The 50-Day MA Impacts The Dogecoin Price Rally The 50-day MA is a technical indicator that highlights a cryptocurrency’s average price over the last 50 trading days.…
Brazil’s Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience. Brazil Proposes Bitcoin Reserve to Bolster Economy and Embrace Innovation The legislation, titled “Projeto de Lei 4501/2024″ and authored by Federal Deputy Eros Biondini, aims to position […] Original
The largest decentralized exchange (dex) platform by volume, Uniswap, has unveiled a $15.5 million bug bounty program. Reportedly, it is the largest bug bounty in decentralized finance (defi) history, aimed at ensuring the security of its upcoming version four (v4) protocol. The announcement follows the Ethereum Foundation’s Attackathon, highlighting a growing focus on blockchain security. […] Source CryptoX Portal
Este artículo también está disponible en español. Breaking out of an eight-month downward trend, Ethereum (ETH) is back in the news. This marks a major turning point for the second-largest cryptocurrency by market capitalization. The coin rose more than 5% in a single day, reaching $3,525, and has gained 38% in the last 30 days. Analysts are buzzing, implying that ETH still has a lot of upside potential as it continues to rise. Related Reading This latest breakthrough has inspired more general market confidence. ETH has risen by 10% over…
Brazilian legislators in the Chamber of Deputies have proposed allocating 5% of the nation’s $370 billion treasury to a Bitcoin strategic reserve. The proposed Bitcoin (BTC) bill would limit Brazil’s reserves to approximately $18.5 billion worth of the world’s most valuable cryptocurrency, currently valued at $1.83 trillion. Brazil’s Chamber of Deputies, the lower house of its National Congress, must pass the bill before it moves to the Federal Senate, the upper house. If lawmakers in the Federal Senate back the proposal, it will be sent to Brazil’s President for approval…
On Nov. 26, at block height 872,092, a long-dormant stash of 1,965 bitcoin (BTC), valued at a staggering $185.3 million, stirred for the first time in nearly a decade. Vintage 2014 Bitcoin Wallet Awakens: Millions Shift Amid Record Prices As bitcoin hovers above $90,000, trading at $94,342 per coin at 11:40 a.m. EDT on Tuesday, […] Original
Crypto casinos are revolutionizing the gambling industry by offering a seamless, secure, and anonymous gaming experience powered by blockchain technology. The growing adoption of cryptocurrencies, valued for their quick transactions, strong security, and exceptional privacy, has been a key factor in their rising popularity. Among the growing number of platforms, Rakebit Casino stands out as […] Source CryptoX Portal