BOME Blast off BTC experiences a 9% drop, resulting in $700 million liquidations, with funding and open interest hitting their lowest levels in weeks. The sell-off appears more sustained compared to previous brief dips, with most BTC downside liquidations concentrated around $66,000. ETFs witness $132 million inflows, sparking predictions of a potential liquidity crisis within six months. VanEck suggests that…
As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining to be extracted. After the upcoming halving event, the issuance rate of the leading digital currency will decelerate, significantly reducing its availability more than ever before. Additionally, post the 2028 halving, miners will receive 1.5625 […] Source: https://news.bitcoin.com/over-93-of-bitcoin-mined-ahead-of-fourth-halving-signaling-new-era-of-scarcity/
Ethereum’s journey through financial markets on March 18, 2024, showcases a complex landscape marked by its recent price movements and technical indicators. Amidst a volatile environment, ether is priced at $3,578 per unit, reflecting the intricate dance between buyers and sellers. Ethereum The 24-hour trading range for ethereum (ETH) oscillated between $3,534 and $3,672, presenting […] Source: https://news.bitcoin.com/ethereum-technical-analysis-oscillators-and-averages-signal-a-tense-equilibrium/
As bitcoin flirts with the boundaries of its recent trading range, its price oscillation reflects a vibrant yet undecided market, standing at a pivotal $68,259 per unit, after testing waters between $64,522 and $68,902 within a 24-hour frame. Bitcoin Presently, bitcoin’s (BTC) oscillators present a mixed view but lean toward a cautious sentiment. The relative […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-btc-navigates-volatile-waves-of-change/
Solana has surged 11% in the past day to become the fourth largest cryptocurrency by market capitalization, surpassing crypto exchange Binance’s BNB token. As of early Monday morning, the Solana price is $206.11 and has reached a market cap of $92 billion. SOL has gained a staggering 40% since this time last week, according to CoinGecko. That also means SOL…
The Nigerian fintech startup, Chipper Cash, recently abolished the roles of 20 workers based in the U.S. and U.K. The CEO Ham Serunjogi said this decision aligns with its goal of maintaining high operational efficiency and moves the startup closer to profitability. Layoffs Set Chipper Cash on Course for Positive Cash Flow in the First […] Source: https://news.bitcoin.com/nigerian-fintech-startup-chipper-cash-lays-off-employees-in-us-uk/
The government of Taiwan has acknowledged the cooperation Binance has offered to domestic law enforcement agencies. According to local reports, Binance is the only offshore exchange that assists the government in dealing with virtual asset fraud cases, allowing authorities to access the accounts involved in these actions and deposit the assets derived from these schemes. […] Source: https://news.bitcoin.com/taiwan-acknowledges-binance-for-cooperating-with-domestic-law-agencies/
The Chamber of Digital Commerce, a blockchain and crypto advocacy group, has urged U.S. President Joe Biden to assist in securing the release of a Binance executive “kidnapped” by the Nigerian government. The group warned that the Nigerian government’s arbitrary detention of Tigran Gambaryan might establish a dangerous precedent. Questioning the Arbitrary Detention of Binance […] Source: https://news.bitcoin.com/group-urges-us-president-joe-biden-to-secure-release-of-kidnapped-former-federal-agent/
The Dubai International Financial Centre (DIFC), one of the largest free zones of the Middle East, Africa, and South Asia (MEASA) region, has enacted a new Digital Assets Law, revamping its whole legislative system to include these tools. The law changes previous contracts, insolvency, damages, obligations, securities, and personal property laws, amending them to account […] Source: https://news.bitcoin.com/dubai-international-financial-centre-enacts-digital-assets-law/
Personal finance expert and best-selling author Dave Ramsey says he agrees with Berkshire Hathaway CEO Warren Buffett regarding bitcoin. Viewing the crypto as a currency whose value is based on “thin air,” Ramsey stressed: “I wouldn’t wish bitcoin investments on somebody I really dislike.” Dave Ramsey on Bitcoin: ‘It’s Still Thin Air’ Personal finance guru […] Source: https://news.bitcoin.com/dave-ramsey-sides-with-warren-buffett-on-bitcoin-calls-btc-currency-based-on-thin-air/
