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Blockchain Technology

Bitcoin halving shakeout: 3 stages to watch ahead of parabolic breakout

Bitcoin (BTC) surprised investors after dropping to as low as $65,000 in the last 24 hours amid the ongoing short-term market sell-off. The sudden price drop has seen Bitcoin encounter significant resistance at $68,000, barely a week before the halving event. In line with this development, crypto tradinganalyst Rekt Capital, in an X (formerly Twitter) post on April 12, identified three stages revolving around the […]

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Crypto Market Cap to Double to $5 Trillion by Year-End: Ripple CEO

Brad Garlinghouse highlighted several macroeconomic factors behind the potential growth of the total crypto market value. The value of the cryptocurrency market could almost double to $5 trillion by the end of the year, propelled by the January approval of spot bitcoin exchange-traded funds in the U.S. and the mining-reward halving due later this month, according to

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7 New Cryptocurrencies to Invest in April 2024

Discover 7 New Cryptocurrencies to Invest in April 2024. Explore their market performance and potential for investment. Investors are always seeking new opportunities with high returns as the cryptocurrency market grows and expands. Amidst crypto marketcrash, several upcoming cryptocurrencies have drawn the interest of both traders and enthusiasts. In this article, we will examine the new

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Analysts Predict Bitcoin (BTC) To Hit $150,000 This Year, With Solana (SOL) Reaching $1000 and Pullix (PLX) $5

As the digital money market continues to captivate investors and enthusiasts alike, analysts have been fervently predicting the trajectory of key cryptocurrencies in the coming year. Among the standout projections is Bitcoin (BTC), with its potential surge to $150,000; Solana’s much-anticipated climb to $1000, and the emergence of a new DeFi token, Pullix (PLX),  predicted

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After bitcoin price sets $73,700 record, where is crypto headed next?

As bitcoin leads digital assets into new price highs, crypto advocates discussed the next steps of adoption. Since the inception of bitcoin in 2009, cryptocurrencies have risen from obscure technical projects to firmly implanted within the upper echelons of finance, marked by BTC’s rise to set a new price record of $73,790 earlier this month. Roundtable

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Institutional Buying of Bitcoin Resumes in the US

The widening Coinbase premium suggests significant institutional buying of Bitcoin, while the potential surge in spot Bitcoin ETF inflows indicates a substantial increase in capital entering the market. Bitcoin continues to hover around the $70,000 mark. The cryptocurrency market has witnessed subdued activity amidst economic events, including signs of overheating in the US with the

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Bitcoin mining difficulty drops following historical maximum

As a result of the next recalculation, the difficulty of Bitcoin mining decreased by 0.97%, with an indicator of 83.13 T. The average hashrate for the period since the previous value change was 599.71 EH/s. The range between blocks is 10 minutes and 7 seconds. Mining difficulty determines the required total hardware capacity for mining Bitcoin (BTC).

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History says bitcoin price will hit ‘$100K and beyond’ in weeks, per analyst

If the market cycle repeats, bitcoin could see a six-figure price surge before the April halving event. Analyzing the price impact of bitcoin’s previous halving event in 2016, crypto market analyst George Tung projected a similar impact ahead of April’s halving that could drive a six-figure price for the first time in bitcoin’s history. “We’re

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Standard Chartered Forecasts Bitcoin to Rise to $250,000

Standard Chartered predicts that Bitcoin could surge to around $250,000 by the end of 2025, fueled by strong capital inflows into ETFs. Standard Chartered has revised its Bitcoin price prediction, hinting at a bullish future for the cryptocurrency. Presently, they believe BTC could reach a staggering $150,000 by the end of 2024, marking a significant

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