As the Bitcoin network nears its fourth halving event, numerous market watchers and cryptocurrency enthusiasts are curious about whether the price will experience a temporary decline before the halving occurs. Historically, bitcoin’s value has surged six to seven months ahead of halvings, yet there has consistently been a significant decrease before the subsequent increase that […] Source: https://news.bitcoin.com/bitcoins-pre-halving-jitters-historical-trends-spotlight-potential-price-dip-ahead-of-2024-event/
Month: February 2024
Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations
With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances involving ‘sleeping bitcoins’ from the years 2009, 2010, and 2011 are considerably scarce, there’s been a noticeable resurgence of older coin batches from 2012, 2013, […] Source: https://news.bitcoin.com/historic-bitcoin-stashes-mobilize-amid-rising-market-valuations/
China, Crypto and The Year of the Dragon
Writing a prediction piece is a humbling thought experiment. My three wild bets for the year-of-the-Tiger turned out to be wildly inaccurate. Specifically: (1) I predicted that China would produce the next hit crypto game. Instead, the entire gaming sector launched many tokens, instead of games. I’m still hopeful though, mainly due to the abundant talent from China. They just…
NFT Market Sales Dip 12% This Week While Highlight Collections Record Notable Rises
In the last week, the market for non-fungible tokens (NFTs) has seen a decline, with sales falling 12.67% compared to the previous week, totaling $255.22 million. Ethereum took the lead in NFT sales, raking in $133 million, while Solana followed with sales over $46 million, relegating Bitcoin to third place with $40.9 million in sales. […] Source: https://news.bitcoin.com/nft-market-sales-dip-12-this-week-while-highlight-collections-record-notable-rises/
This Week in Crypto Games: Surprise PIXEL Airdrop for Ronin Users, ApeChain Coming
The crypto and NFT gaming space is busier than ever lately, with prominent games released, token airdrops piling up, and a constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto…
Robert Kiyosaki Predicts US Collapse, Peter Schiff Warns of BTC Massacre, Grayscale Study on BTC Halving, and More — Week in Review
Robert Kiyosaki predicted the downfall of the American empire, likening its fate to that of the Roman Empire, and advised investing in bitcoin, gold, and silver as a safeguard. Conversely, economist Peter Schiff described the recent bitcoin price surge as a “pump-and-dump” scheme. A Grayscale study on the upcoming Bitcoin halving in 2024 highlights a […] Source: https://news.bitcoin.com/robert-kiyosaki-predicts-us-collapse-peter-schiff-warns-of-btc-massacre-grayscale-study-on-btc-halving-and-more-week-in-review/
This Week on Crypto Twitter: Bitcoin Is So Hot, Even Elizabeth Warren Wants In
With direct HODLers, ETF investors, and even Bitcoin-adjacent stocks flying high, it’s cool how much people don’t care. Source: https://decrypt.co/217950/this-week-on-crypto-twitter-bitcoin-is-so-hot-even-elizabeth-warren-wants-in
LBank Labs Joins Blockchange Capital in Its First DePin Investment – Hivello
PRESS RELEASE. LBank Labs, a key player in the Web3 space, managing a $100 million fund that transcends specific protocols and exchanges, has joined the group of investors in Hivello, which simplifies DePin nodes for the masses. Hivello aggregates multiple DePin nodes into a single Web 2 console, allowing anyone to install it to earn […] Source: https://news.bitcoin.com/lbank-labs-joins-blockchange-capital-in-its-first-depin-investment-hivello/
Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance
Vella Finance, a Nigerian fintech startup, was recently bought by the microfinance bank Carbon. The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses. New Business to Leverage Artificial Intelligence The Nigerian microfinance bank, Carbon, has reportedly acquired the fintech firm Vella Finance for an undisclosed amount. […] Source: https://news.bitcoin.com/nigerian-microfinance-bank-carbon-acquires-fintech-startup-vella-finance/
Fed Governor Discusses Crypto’s Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset
A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs) as their primary asset. Fed Governor on Crypto, CBDC, and the U.S. Dollar Federal Reserve Governor […] Source: https://news.bitcoin.com/fed-governor-discusses-cryptos-impact-on-us-dollar-dominance-says-banks-should-avoid-bitcoin-etfs-as-primary-asset/