Day: May 16, 2025

Bitcoin Could Trade Sideways For 2 Weeks Before Next Leg Up

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. After reclaiming the crucial $100,000, Bitcoin (BTC) is testing its recently recovered levels as support, with some analysts suggesting that the price will see a short-term sideways move before…

How Bitcoin Mining Works: A Complete Beginner’s Guide

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io If you’ve ever heard about crypto, chances are that you’ve heard about Bitcoin mining. But if you’ve heard about Bitcoin mining, chances are that you don’t know what it is, even if you’re into crypto. Bitcoin mining is complex, but it doesn’t have to be. When you break down the individual components step by step, it makes it easy to understand Bitcoin, as well as why BTC is so valuable. That’s why today we’re going to give you the most comprehensive breakdown…

Whales Buy 1B DOGE in a Month — Dogecoin Rally Ahead?

Key Notes DOGE is down 2% in 24 hours, trading near $0.2235 after a strong weekly surge. Over 1 billion DOGE tokens have been accumulated by large investors in 30 days. Analysts eye a breakout above $0.26, with a target price of $0.40. Dogecoin DOGE $0.18 24h volatility: 5.1% Market cap: $27.07 B Vol. 24h: $1.05 B is currently undergoing a period of consolidation after a 9% weekly surge. At the time of writing, the largest meme coin is trading near $0.2235, down by 2% in the past 24 hours.…

Lyft to Leverage Solana DePIN Project Hivemapper Through Bee Maps

Lyft, a ride-sharing company with over 2 million drivers, will leverage Hivemapper, a Solana-based DePIN application, as a low-level, street-focused mapping solution. Lyft will implement solutions provided by Bee Maps, a company that utilizes Hivemapper-based software. Lyft Partners With Bee Maps to Capture Street-Level Mapping Data Lyft, a ridesharing company with over 2 million drivers […] Source CryptoX Portal

Central banks testing smart contract toolkit under BIS Project Pine

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Central banks are experimenting with smart contracts to implement monetary policy in tokenized environments, signaling a growing interest in integrating blockchain technology into traditional finance (TradFi). According to a joint research study by the Federal Reserve Bank of New York’s Innovation Center and the Bank for International Settlements (BIS) Innovation Hub Swiss Centre, smart contracts could offer central banks flexible, rapid-response tools in a tokenized financial system. The study, dubbed Project Pine, tested a prototype “generic customizable monetary policy tokenized toolkit” for further research by central banks, according to a…

Analyst Explains What It Means

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

BlackRock Bitcoin ETF Sees $410M Inflows — BTC ATH Ahead?

Key Notes Institutional interest in IBIT continues to grow, with a 19% increase in institutional holders during Q1 2025. Key players include Goldman Sachs as the largest IBIT holder and Abu Dhabi’s Mubadala with $408.5 million worth of shares. Bitcoin price, buoyed by institutional activity, is up 2% today, targeting a breakout above $104.9K, and further to new all-time highs. BlackRock Bitcoin ETF (IBIT) continues to dominate US ETF inflows while scooping an additional 3975 Bitcoin worth $410 million on Thursday. IBIT has been dominating he entire US Bitcoin ETF…

Here is why Bitcoin price is stuck below $105K

Key takeaways: Bitcoin price consolidates as resistance at $105,000 prevents rally to new all-time highs. Traders are slightly bearish, but historical data suggests that a sudden bullish move should not be ruled out. Bitcoin (BTC) price has been consolidating within a roughly $3,500 range over the past seven days as the $105,000 level remains the overhead resistance to break. BTC/USD weekly chart. Cointelegraph/TradingView Bitcoin unable to crack $105,000 Data from Cointelegraph Markets Pro and Bitstamp shows that BTC’s price has been oscillating between its resistance level at $105,000 and $101,500,…