Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here’s What Is

Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished. According to the crypto analytics firm, the highly anticipated halving event is no longer the key driver for a bullish momentum in BTC.  Bitcoin Halving Effects On Prices Is Fading CryptoQuant wrote in a recent research report that the upcoming Bitcoin halving event scheduled this April may not deliver the desired price shock expected by most crypto analysts and investors in the space.  According to the analytics firm, the…

Bitcoin Traders No Longer Extremely Greedy: Rebound Signal?

Data shows that Bitcoin investor sentiment has cooled to the lowest level since February, something that could facilitate a rebound in the price. Bitcoin Fear & Greed Index Now Points At Just ‘Greed’ The “Fear & Greed Index” is an indicator created by Alternative that tells us about the general sentiment among investors in the Bitcoin and broader cryptocurrency sector. This metric uses a numeric scale from zero to hundred to represent the sentiment. To calculate the score, the index considers the data of five factors: volatility, trading volume, social…

Ethereum Is No Longer A 20-100X Coin, But Panic Selling Is A Big Mistake

Ryan Sean Adams, a crypto investor and a vocal Ethereum supporter, notes that some ETH holders are panic selling and diversifying into layer-1 altcoins like Solana (SOL) or Cardano (ADA), primarily concerned that the coin may not outperform the market as it did in the last bull cycle when it soared to around $5,000. Ethereum Holders Selling For High-Performing Altcoins In an X post on November 16, Adams said price action, despite these actions, might rapidly change even if ETH is no longer a 20-100X coin in the eyes of venture…

Crypto Analyst Reveals Why He Will No Longer Accumulate

The sentiment around the XRP price has been mostly bullish lately with numerous predictions coming through for a potential rally. However, not everyone has joined the bull bandwagon after being disappointed by the XRP price performance. One analyst in particular has expressed its displeasure at XRP’s performance over the years, and as a result of this, the analyst wants to abandon the token. XRP Price Value Weakens One analyst who goes by CryptoCheck on the TradingView platform has put forward reasons for why he is no longer bullish on the…

ChatGPT can now browse the internet, no longer limited to info from 2021

ChatGPT can now browse the web and integrate up-to-date information into its responses, according to a Sept. 27 post on X (formerly Twitter) from artificial intelligence (AI) firm OpenAI.  ChatGPT can now browse the internet to provide you with current and authoritative information, complete with direct links to sources. It is no longer limited to data before September 2021. pic.twitter.com/pyj8a9HWkB — OpenAI (@OpenAI) September 27, 2023 The updates are available immediately for Plus and Enterprise users using the GPT-4 model, according to the post. The web browsing feature will be…

FTX Sam Bankman-Fried’s October Trial Date No Longer A Sure Thing

Disgraced FTX Founder Sam Bankman-Fried’s (SBF) trial is set to begin on October 3. However, a recent development suggests that his trial date could be pushed back.  Judge Kaplan Could Delay FTX Founder Trial Date According to a Reuters report, Judge Lewis Kaplan, the judge in charge of SBF’s case, said he could consider delaying the trial slated for October 3 to give SBF and his lawyers more time to review discovery documents and prepare their defense.  Judge Kaplan told SBF’s lawyers they could ask for a postponement if they…

BitBoy Crypto brand will no longer include YouTuber Ben Armstrong

The parent of Hit Network, which controls the “BitBoy Crypto” brand, has cut ties with its public face, Ben Armstrong, citing issues surrounding substance abuse and financial damage to employees. In an Aug. 28 announcement on YouTube and social media channels, a spokesperson said the company had reached its decision following efforts to assist Armstrong “during his relapse into substance abuse,” expressing regret for the end of the business relationship. The firm claimed Armstrong had inflicted “emotional, physical and financial damage” on Hit employees and others in the space. Yesterday,…