Tag: News

Bitcoin halving is ‘buy the news’ event

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Bitwise Chief Investment Officer Matt Hougan offered a long-term view on the Bitcoin halving based on historical data and spot ETF demand. Speaking with CNBC on April 19, Hougan regarded this year’s Bitcoin (BTC) halving as a “buy the news” opportunity for investors interested in the world’s biggest cryptocurrency asset class.  “If you look historically at halvings, the price action within a week or two after the Bitcoin halving is relatively muted. But if you look out at a year, BTC prices have rallied substantially after each of the past…

Bitcoin Halving: Goldman Sachs Downplays Impact of ‘Buy the Rumor, Sell the News’

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Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price performance will likely continue to be driven by the supply-demand dynamic and continued demand for spot bitcoin exchange-traded […] Original

Bitwise: Bitcoin Halving Is a ‘Sell the News’ Event, Market Underestimates Long-Term Impact

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Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […] Original

‘It doesn’t Matter If It’s A Buy The Rumor, Sell The News Event’

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Analysts at Goldman Sachs, a leading global banking and investment management firm, have offered valuable insights into the anticipated effects of the forthcoming Bitcoin halving, on the price of the cryptocurrency. They emphasize that while the Bitcoin halving is a noteworthy event, other major factors will likely exert greater influence on Bitcoin’s future value.  Bitcoin Halving To Play Lesser Role In BTC’s Outlook In a note to clients, Goldman Sach’s analysts have cautioned against reading too much into the past Bitcoin halving cycles and their impact on the cryptocurrency. Based…

Over 1,000 Builders, Partners, Investors and Enthusiasts Gather at Inaugural Global Event to Celebrate Sui – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, April 18th, 2024, Chainwire The annual event is a culmination of Sui’s exceptional debut Over 1,000 projects, partners, investors, and enthusiasts from 65 countries around the world gathered last week in Paris to celebrate Sui at the vaunted Layer 1’s inaugural global Sui Basecamp conference. At its first-ever annual event held during Paris Blockchain Week, Sui was feted by developers and builders from around the world during a two-day event. Speakers at Sui Basecamp spanned all aspects of the industry from payments to gaming to e-commerce…

A Look at How Bitcoin’s Halving Might Trigger ‘Sell the News’ or ‘Sell the Rumor’ Reactions

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With fewer than 300 blocks remaining until Bitcoin’s fourth halving, speculation has been rife, with many expecting a ‘sell the news’ scenario following an 11% drop in bitcoin prices. On the other hand, this downturn might just be the precursor to a shakeout and a subsequent significant uptick. Large holders, often known as ‘whales’, are […] Original

New Meme Coin ICO Dogeverse Raises $6 Million After Completing Coinsult Audit – Blockchain News, Opinion, TV and Jobs

London, United Kingdom, April 17th, 2024, Chainwire A new multichain meme coin, Dogeverse, has raised $6 million in its presale and recently passed a smart contract audit. The new meme coin leverages bridge technology, ensuring the token is available across the most prominent on-chain markets. Multichain Approach Creates Widespread Accessibility Dogeverse’s approach to multichain availability means the token is available across the leading smart contract-enabled blockchains.  Its initiative begins on Ethereum, BSC, and Polygon but will soon launch on Solana, Base, and Avalanche. Through this approach, Dogeverse becomes more versatile…

MetaWin Announces Innovative TOKENIZED Tesla Cybertruck Contest on Ethereum’s Base Layer 2 Blockchain – Blockchain News, Opinion, TV and Jobs

London, UK, April 17th, 2024, Chainwire In a pioneering move within the industry, MetaWin in collaboration with law firm BCLP, has successfully tokenized a Tesla Cybertruck, transforming it into a digital asset wrapped in a legally binding contract and minted as a Non-Fungible Token (NFT). This NFT, which represents full ownership rights to The Cybertruck, has been launched on the Ethereum Base Layer 2 blockchain operated by cryptocurrency giant Coinbase. This contest marks a significant milestone as the world’s first tokenized vehicle asset, offering participants an opportunity to win a…

Aark Raises $6M Funding to Accelerate LRT Liquidity Integration for High Leverage Trading – Blockchain News, Opinion, TV and Jobs

London, UK, April 17th, 2024, Chainwire Aark announces the successful completion of its Seed Round funding, attracting investment from leading industry pioneers, including HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest. This follows its Pre-Seed in the second quarter of 2023, impressively led by Delphi Digital, with participation from OKX Ventures and Big Brain Holdings. Aark is a 1000x perpetual DEX set to revolutionize the DeFi space by leveraging LRT assets to bolster liquidity for perpetual traders. With the new investment, Aark will grow its team to…

AI-Powered Layer 3 for Gaming powered by Arbitrum Orbit, built on Gelato RaaS – Blockchain News, Opinion, TV and Jobs

Zug, Switzerland, April 17th, 2024, Chainwire Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbit and using Gelato’s Rollup-as-a-Service (RaaS), Anomaly’s new Layer-3 is set to redefine the gaming industry empowering developers to create immersive decentralized gaming experiences with unprecedented speed leveraging AI-enabled Game Engine, while completely abstracting away blockchain complexities. Anomaly streamlines blockchain gaming UX with Account Abstraction enabling user onboarding via social platforms and leveraging SocialFi for game monetization. At…