Regulation
Bitcoin Dips Below $62.5K as CoinDesk's BTC Trend Indicator Turns Neutral
CoinDesk Indices’ Bitcoin Trend Indicator has been indicating a strong uptrend since last fall. Source link
Year: 2024
Bitcoin
The Crypto Analyst Who Predicted Bitcoin’s (BTC) Rally to $70K Has Turned Bearish
“Our growing concern is that risk assets (stocks and crypto) are teetering on the edge of a significant price correction. The primary trigger is the unexpected and persistent inflation. With the bond market now projecting […]
Market Analysis
BAYC Floor Price Drops as Bitcoin Ordinals Dominate
Bored Ape Yacht Club (BAYC), once a flagship collection in the Ethereum non-fungible token (NFT) market, witnessed its floor price tumble to a new low. Recent data from Blur indicates that the BAYC’s floor price […]
Regulation
Bank of Russia Supports Cryptocurrency Usage for International Settlements
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched […]
Market Analysis
Is Bitcoin’s Dip a Pre-Halving Jitter? Analysts Weigh In
Bitcoin (BTC) experienced a notable decline today, following a promising rally the day before. As of the time of writing, it’s trading at $63,118, marking a 3.9% decrease within the last 24 hours. This sudden […]
Ethereum
Crypto Exchange OKX Goes Live With New Layer-2 Chain, Following in Footsteps of Coinbase
“We envision X Layer and other layer-2 chains as the highway infrastructure of the Web3 world, with dApps as the marketplaces and self-hosted wallets as the vehicles that take you there,” OKX Chief Marketing Officer […]
Market Analysis
Trouble for Avalanche (AVAX) as Death Cross Hints at Decline
Avalanche (AVAX) price is among the few altcoins showing signs of further drawdown over recovery. To make it even more difficult for the altcoin is that even the AVAX investors are not expecting a rally. […]
Finance
HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization
Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated that he is “very comfortable with the concept of tokenization.” He indicated that the bank […]
Market Analysis
These 3 Altcoins Are the Biggest Gainers After the Weekend Dip
As the cryptocurrency market recovers from a bearish weekend sell-off, three altcoins have emerged as significant gainers, showcasing resilience and bullish momentum. BeInCrypto looks at three altcoins that have seen a dramatic recovery following the […]
Market Analysis
Why Bitcoin Could Be Your Best Savings Strategy After the Halving
Currently, traditional assets are continually debased due to overproduction and inflation. Bitcoin emerges as a beacon of stability with its immutable scarcity and superior monetary properties. As the next Bitcoin halving approaches, experts and market […]