The landmark occasion sees a reduction in Bitcoin miner rewards, dropping from 6.25 BTC per mined block to 3.125 BTC. Bitcoin has successfully gone through its fourth-ever halving event after posting its 840,000th block, the point at which mining rewards are slashed in half once again. The event has the crypto community eagerly awaiting what’s…
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Bitcoin’s price whipsaws align with global conflict and macroeconomic concerns, but data shows investors’ halving expectations positively impacting BTC price. witnessed a sharp 6% drop on April 19, falling to a low of $59,640 in the early hours, before quickly recovering to secure support above $64,500. This rebound was driven by the optimism surrounding the…
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Canada is aiming to have the OECD standard for crypto asset tax reporting in place by 2027, as agreed with 46 other countries. According to a supplement to the 2024 annual budget, Canada expects to apply the international Crypto-Asset Reporting Framework (CARF) for taxation by 2026. The country is getting an early start on the…
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Bitcoin bears celebrate as demand for leveraged long positions hits a six-month low, but crypto traders on X think it’s time to go long. On April 18, Bitcoin futures contracts exhibited significant demand for short (sell) positions, sparking speculations of further bearish momentum. This trend was influenced by the lack of inflows into spot Bitcoin exchange-traded…
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Key Points: Binance will return to India, pay a $2 million fine, and comply with regulations. Previous non-compliance led to a ban, impacting the Indian crypto market. The re-entry of Binance in India is expected to shake up Indian market dynamics amid the crypto boom. Binance, a major cryptocurrency exchange, is gearing up to re-enter…
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Schiff cited a downturn in the price of Bitcoin-linked equity markets without specifying a time frame for his shared data. Gold proponent Peter Schiff has questioned market pundits who have set a Bitcoin price target of $100,000 in the current bull run. Schiff also took a dig at spot Bitcoin exchange-traded funds (ETFs) and the demand…
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BTC price continues its tests of bid liquidity after the latest Wall Street open, but confidence over the Bitcoin bull market remains. Bitcoin is “looking solid” long term but further BTC price dips are on the radar, fresh analysis says. In a thread on X (formerly Twitter) on April 17, popular trader and commentator Mikybull Crypto described the…
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Excitement around the upcoming Bitcoin halving has seen a continued increase in searches for the term on Google. The level of interest in the ‘Bitcoin halving’ on Google has soared to its highest point of all time, with predicted data pegging it at more than double that of the last halving in 2020. Search interest…
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The firm’s CEO, Eowyn Chen, shared a screenshot of the supposed “high-risk” exploit being sold on the dark web for a whopping $2 million. Crypto wallet provider Trust Wallet is urging Apple users to disable iMessage, citing “credible intel” of a zero-day exploit that could allow hackers to take control of users’ phones. “Alert for…
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ETH derivatives data shows pro traders’ appetite for risk declining, placing pressure on the $3,000 support level. Ether price plummeted by 21% between April 9 and April 14, hitting a 50-day low. Although it has recouped some of its losses, Ether continues to show signs of weakness following a failed attempt to breach the $3,200…
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