Bitcoin

Crypto markets have had mixed fortunes. Bitcoin SV went up 4% to $66.87, while Algorand suffered as the price declined, with no interest from investors. In this case, the Raffle Coin presale has been an attractive investment opportunity, pulling investors on the basis of its interesting features and strong groundwork.  Raffle Coin offers unique incentives, assured liquidity, and locked team tokens. It has a very reasonable $0.020 entrance price per token. The goal of this cryptocurrency is to become a…

As the Bitcoin halving event concludes, savvy investors are scouting for the next significant investment opportunities to potentially reap rewards in the 2024 bull run. With the spotlight often on Bitcoin, alternative cryptocurrencies are emerging as promising contenders for portfolio diversification. This article highlights three such cryptocurrencies, explaining their potential in a post-halving market boom. Each selection is meticulously analyzed, giving investors critical insights to help navigate the post-halving investment terrain. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem…

Following the latest halving on April 20, Layer-2 solutions like Stacks (STX), Elastos (ELA), and SatoshiVM (SAVM) are outperforming Bitcoin itself. This surge reflects the increasing relevance and potential impact of Layer-2 solutions on the broader cryptocurrency market. Stacks, Elastos, SatoshiVM Thrive After Bitcoin Halving Stacks, a prominent Layer-2 network, saw its token STX climb over 21.36% to a price of $2.95. This remarkable increase occurred right after the halving, which slashed Bitcoin’s per-block coin emission from 6.25 to 3.125…

BlackRock’s iShares Bitcoin Trust (IBIT) stands out among other spot Bitcoin exchange-traded funds (ETFs). It nears a remarkable 70 consecutive days of investment inflows. This persistent demand highlights a unique confidence among investors in the wake of Bitcoin’s latest halving. BlackRock Bitcoin ETF Thrives for 70 Days As the largest spot Bitcoin ETF in the United States by assets under management, IBIT showcased robust acquisition trends despite a general slowdown in the market. On April 19, the ETF recorded nearly…

Luzius Meisser supports the initiative, arguing Bitcoin offers more stability than traditional Euro and Dollar investments. Experts suggest diversifying national reserves with Bitcoin could mitigate risks linked to government bonds prone to default. Yves Bennaïm, a key figure in the Swiss cryptocurrency community, has launched a public initiative proposing that the Swiss National Bank (SNB) include Bitcoin in its currency reserves. This initiative seeks to amend the constitution to specify that the SNB’s reserves should be held in both “gold…

The post Bitcoin Consolidates Above $66,000 Following Post-Halving Pressure! Here’s What To Expect Next appeared first on Coinpedia Fintech News Bitcoin and Ethereum recently faced some unexpected fluctuations just before the Bitcoin halving event on Friday. However, they have managed to stabilize after this period of correction. Despite predictions from many analysts that miners would sell off their holdings due to the decreased rewards, the price of Bitcoin actually moved in the opposite direction, climbing towards a peak of $66,000.…

As the Bitcoin (BTC) Halving event concluded for the fourth time, the cryptocurrency market witnessed notable changes in key metrics.  These developments have led Charles Edwards, a market expert and founder of Capriole Invest, to issue bold predictions that hint at a paradigm shift in the BTC market.  Bitcoin Trading At ‘Deep Discount’ One of the key metrics highlighted by Edwards is the staggering electrical cost associated with mining a single Bitcoin. Edwards reveals that this cost has now reached…

After announcing in March its plans to include Bitcoin futures in its offerings, B3, a Brazilian stock exchange, has officially opened up trades, achieving a significant milestone on its very first day of trading Bitcoin futures.  B3 Bitcoin Futures Sees Surge In Demand Following its launch of Bitcoin futures on April 17, B3 experienced a massive wave of demand and interest from cryptocurrency enthusiasts eager to trade the newly listed Bitcoin futures. The stock exchange reported that on the debut…

Bitcoin enthusiasts around the globe can now breathe a collective sigh of relief as the world’s premier cryptocurrency, Bitcoin, rebounds from a recent downturn. Last week witnessed Bitcoin, akin to the broader market, sliding below the $60,000 mark, primarily due to risk aversion, the US tax season, and escalating geopolitical tensions in the Middle East. However, in a surprising turn of events, Bitcoin has not only recovered but has surged past the $66,000 mark, reigniting optimism and sparking discussions about…