A significant investor in cryptocurrencies, holding over $4.5 million worth of Ethereum ($ETH), suffered losses after trying to increase their profits through a strategy known as “leveraging” their long position in Ethereum twice. Unfortunately, the value of Ethereum decreased, requiring them to pay back debts on a decentralized platform. Based on data from cryptocurrency analysis … Read more
Bitcoin‘s leading cryptocurrency, Bitcoin ($BTC), might experience a substantial price increase in the near future due to the decreasing supply on centralized crypto platforms. Furthermore, following the forthcoming halving, Bitcoin will be more scarce than gold. Based on a report from Bybit, a well-known cryptocurrency trading platform, the approaching Bitcoin halving could trigger a short … Read more
On April 17, Kraken, a well-known cryptocurrency exchange, launched its new open-source mobile wallet. This wallet aims to offer users a safe and clear method for managing their digital assets. As shared by Eric Kuhn, Kraken Wallet’s Product Director, in an interview with CoinDesk, the wallet was developed adhering to the fundamental values of the … Read more
On Tuesday, Jerome Powell, the Federal Reserve chair, hinted that planned interest rate reductions could be delayed past the originally anticipated timeline due to persisting high inflation figures. During a discussion with Bank of Canada Governor Tiff Macklem at the Wilson Center in Washington, Powell pointed out the surprising longevity of elevated inflation levels and … Read more
In just a few days, Bitcoin‘s mining reward is set to be reduced for the fourth time – an event known as a halving. This change will decrease the number of new Bitcoins created with each mined block from 6.25 to 3.125. Previous halvings have led to extended price growth for Bitcoin, fueling excitement among … Read more
Bitcoin has become a significant force in the financial world. Its unique characteristic of being decentralized sets it apart, yet it’s also famous for its extreme price fluctuations and strong reaction to global occurrences. In simpler terms, this study investigates the impact of geopolitical tensions and conflicts on Bitcoin’s worth, drawing parallels between its price … Read more
In just a few days before the 2024 Bitcoin halving, experts predict a major change in Bitcoin’s economic structure. This change will result in a decrease in Bitcoin’s inflation rate, which is the pace at which new Bitcoins enter circulation, to levels lower than those of gold – historically known for having low inflation. This … Read more
On April 8, 2024, at the Association of Private Enterprise Education conference in Washington D.C., Hester M. Peirce, a commissioner with the U.S. Securities and Exchange Commission (SEC), gave a captivating speech. Her topic was “Why Not? The Interplay of Securities Regulation and the American Dream.” During her presentation, she explored the important issue of … Read more
In a video released on April 16, Charles Hoskinson, the Co-Founder and CEO of IOG, discussed in depth the repercussions and facts surrounding the regulation of cryptocurrencies. Speaking from Colorado, Hoskinson shared his worries and viewpoints, focusing primarily on how US regulatory measures affect the crypto industry. Hoskinson kicked off his talk by bringing up … Read more
Large cryptocurrency investors holding significant amounts of digital assets, estimated to be approximately $1.24 billion, are currently unable to access their funds, based on recent information disclosed by Arkham Intelligence regarding the holdings of major whale investors. According to available data, the wealthiest cryptocurrency investors, referred to as “whales,” collectively hold approximately $3.5 billion in … Read more