Ethereum, after going through a rapid downturn, has managed to find solid support within a critical zone. This zone includes the 100-day moving average and a significant price range between the 0.5 and 0.618 Fibonacci levels. The presence of this support zone indicates a potential bullish rebound in the medium term. A closer look at
Cryptocurrency analyst Rekt Capital recently took to Twitter to discuss the possible timeline for the next Bitcoin market peak, focusing on the impact of the Halving cycle on shaping BTC’s market trajectory. With the Bitcoin Halving expected to take place imminently, the market has been relatively calm, with the current price of Bitcoin sitting at
Bitcoin’s fourth halving event has finally taken place, reducing the block reward from 6.25 BTC to 3.125 BTC. This significant reduction marks a pivotal moment in the cryptocurrency industry, as it has now cut the daily issuance of Bitcoin in half, down to approximately 450 Bitcoin from the previous 900. This decrease in supply will
Recently, crypto exchange HashKey announced its intention to stop supporting transactions related to Binance, a popular cryptocurrency exchange. The decision, made public on April 19, entails restrictions on deposits from Binance starting May 10 and a complete end to support for virtual asset withdrawals to Binance-hosted wallet addresses by May 17. Despite this, transactions involving
The recent bankruptcy of the FTX exchange has sent shockwaves throughout the cryptocurrency community. The exchange, once a promising player in the crypto market, has now emptied its FTT treasury account to a new wallet address on April 18. This move has raised eyebrows as it involved transferring a significant amount of assets from the
The traditional scientific publishing industry has long been plagued by various challenges that hinder the dissemination of knowledge and equitable access to scientific findings. High fees, complex review processes, and article suitability are just some of the issues faced by researchers and institutions. Despite efforts to widen access through digital platforms, inefficiencies and access hurdles
In a recent interview, Anthony Scaramucci, the founder of Skybridge Capital, shared his bold prediction that the price of Bitcoin could soar to $200,000 in the wake of its upcoming halving event. This forecast comes amid a backdrop of increased volatility in the cryptocurrency markets, fueled by geopolitical tensions and economic uncertainties. Scaramucci delved into
Binance, the world’s largest cryptocurrency exchange, faced a ban by the Indian government but is now making a comeback after agreeing to pay a penalty of $2 million. This move comes as Binance prepares to re-enter the Indian market under the oversight of the Financial Intelligence Unit (FIU) within the finance ministry. The exchange will
The recent news about Sony and Microsoft’s intentions to incorporate blockchain technology into their gaming consoles marks a significant milestone in the gaming industry. This move signals a major shift in the landscape of gaming, particularly in the realm of mainstream web3 gaming. The incorporation of Non-Fungible Tokens (NFTs) into Playstation and Xbox games is
The sudden increase in profitability of the Ethereum (ETH) blockchain in the first quarter of 2024 has raised eyebrows and sparked curiosity among investors and analysts. Not only has the price of ETH soared by nearly 100%, but the blockchain itself has generated a staggering $369 million in profits during this period. This unexpected windfall