Finance & Crypto News Website
Bitcoin’s Funding Rate Plummets to Record Low, Signaling Potential Market Shift According to CryptoQuant’s data, the perpetual futures market is experiencing a concerning trend – traders are paying a negative rate to open new long positions. This highlights a decrease in demand for Bitcoin, which is a stark contrast to the record-breaking demand seen in … Read more
The Federal Bureau of Investigation has issued a crucial warning regarding the insidious spread of Akira ransomware. This malicious virus is wreaking havoc across the nation, threatening to lock up your most valuable digital possessions. Devastating and calculated, the Akira Bitcoin (BTC) ransomware has left a trail of destruction and financial ruin in its wake. … Read more
In an exclusive interview with CNBC on April 19th, Hougan revealed his thoughts on the highly anticipated Bitcoin (BTC) halving event. He believes that this year’s halving presents a golden opportunity for savvy investors to “buy the news” and capitalize on the world’s largest cryptocurrency asset. “If you look historically at halvings, the price action … Read more
Amidst the heated debates, one question remains: does halving truly propel Bitcoin’s rise, or are there other forces at play during this pivotal moment? The highly-anticipated halving event is finally here, promising to shake up the market. Many experts predicted a surge in price, but the reality has been quite different. Instead of soaring to … Read more
Miners first transferred Bitcoins received as rewards for mined blocks on April 23, 2010. In a shocking turn of events, the latest data from Lookonchain has revealed that a mysterious whale has made a jaw-dropping transaction of 50 Bitcoins (BTC) worth a whopping $3.3 million. But that’s not all – the plot thickens as 17 … Read more
Bitcoin reigns supreme in the world of cryptocurrencies, soaring to a three-year high fueled by a surge of interest in U.S. ETFs. According to CoinMarketCap, they make up a staggering 55% of the $2.4 trillion market. This is a level we haven’t seen since April 2021. And leading the pack is the king of all … Read more
Tether, the leading stablecoin, is on the brink of completing a groundbreaking $500 million Bitcoin mining venture. In a thrilling interview with DL News, CEO Paolo Ardoino spilled the beans on the company’s ambitious plan. Brace yourself, because this project involves not just one, but three countries – Uruguay, Paraguay, and El Salvador. The funds … Read more
Revitalized by US President Joe Biden’s optimistic outlook on the Federal Reserve’s potential rate cut shortly, Bitcoin (BTC) experienced a slight resurgence. Following the release of yesterday’s CPI report, which showed a surprising 3.5% inflation rate for March, President Biden made a bold statement. He declared that he expects a rate cut to happen before … Read more
Breaking records and defying market trends, Bitcoin ETF trading volumes skyrocketed to a whopping $200 billion on April 8th. Even with a dip in Grayscale’s GBTC and a shift in market dominance, the all-time high proves the unstoppable force of this cryptocurrency. The once-hyped Grayscale’s Bitcoin ETF has taken a major hit, losing a staggering … Read more
Bitcoin’s Value Soars to New Heights After Halving Cycles, Reveals CoinGecko Analysts A recent report revealed that with each halving of mining rewards, the BTC rate surged by an astounding average of 3,230%. Take for instance the first halving on November 28, 2012, where the reward was slashed from 50 BTC to 25 BTC. In … Read more