A new ad for the upcoming Lakers NBA playoff game in Los Angeles was released on Friday by the bitcoin trading platform crypto.com. Additionally, hip-hop legend Marshall Mathers, better known as Eminem, featured the advertisement on the social media platform X. Before the NBA Playoffs, Marshall Mathers amplifies the Crypto.com advertisement. A new ad showcasing … Read more
According to a recent study, the combined short interest in stocks of fifteen bitcoin mining businesses is getting close to $2 billion. About 663 blocks left until the next reward halving, which corresponds with a fall in the performance of these mining stocks from their earlier year stronger start. Short Bets on Mining Stocks Are … Read more
On April 15, 2024, ethereum trades in a broad range between $2,991 and $3,266. Important technical indicators and chart patterns point to a possible but subtle change in market sentiment. Although there has been a bearish trend for the last week, oscillator and moving average signals suggest that there may be a bullish turnaround coming. … Read more
On April 15, 2024, the price of bitcoin shows a mixed picture of consolidation and faint signs of recovery, indicating a pivotal point for possible bullish or negative developments. Bitcoin The 1-hour chart shows that the market is undecided right now, but the 4-hour and daily charts point to underlying moves that might affect how … Read more
The Nigerian Naira has recovered since March, after months of persistent depreciation, and is now the best-performing fiat currency in April. The naira’s momentum can only be sustained, according to Goldman Sachs analyst Andrew Matheny, if officials continue on their current path. Preserving the Naira’s Momentum The Nigerian naira, which gained 12% vs the US … Read more
Anza, a group of developers dedicated to the Solana blockchain, has created a patch meant to lessen the network’s current congestion. Stake-weighted quality of service, or SWQOS, is a feature of the new Solana version that is currently being tested on the testnet. It gives priority to transactions from validators of greater quality. In an … Read more
The foreign ministry of China has been contacted by a group of Chinese victims of a $6 billion scam to help them retrieve 61,000 bitcoins that were taken from a scammer and her accomplice. Attempts to give the British government ownership of these bitcoins have been met with fierce opposition from the victims of fraud. … Read more
The Paraguayan Senate has authorized a resolution endorsing the sale of the nation’s excess electricity to cryptocurrency mining firms, considering the terms and assurances that these establishments provide. The proclamation calls for the energy to be directed to 20 new contracts with cryptocurrency-mining companies, criticizing the poor deals that sell energy to Brazil for 25% … Read more
More than half of participants in a recent Deutsche Bank survey anticipated cryptocurrencies to grow in importance as an asset class and a form of payment. Furthermore, 10% of participants anticipate that by year’s end, the price of bitcoin will surpass $75,000. The Crypto Survey by Deutsche Bank This week’s publication of a survey by … Read more
At a whopping $10.5 trillion, Blackrock, the biggest asset manager in the world, broke its previous record for assets under management (AUM). With its Ishares Bitcoin Trust (IBIT), which has accumulated around 270K bitcoins, this financial goliath also maintains its dominance in the US spot bitcoin exchange-traded fund field. IBIT Now Owns Almost 270K Bitcoins … Read more