Crypto expert Michaël van de Poppe has provided insights into what to expect when the Bitcoin halving occurs on April 19. As part of his analysis, van de Poppe suggested that the attention might shift from Bitcoin once the event occurs. A Narrative Shift To Occur Post-Halving Van de Poppe mentioned in an X (formerly Twitter) post that narratives will change as the halving event approaches but failed to specify what the new narrative will be when this happens. However, in a previous X post, the crypto expert laid out some of his expectations for the crypto market going forward, which included what he expected the new narrative to be. Related Reading: XRP Whales Are On The Move Again, But Are They Bullish Or Bearish? According to Van de Poppe, the narrative will shift to Ethereum (ETH) and projects that are focused on Decentralized Physical Infrastructure Networks (DePIN) and Real…> Open article in new tab
As the cryptocurrency community excitedly awaits the impending Bitcoin halving, Bitwise Chief Executive Officer (CEO) Hunter Horsley has weighed in on its impact on BTC, predicting that the event could potentially propel prices to $100,000 or even higher. Horsley expressed his optimistic outlook toward the upcoming Bitcoin Halving on the X (formerly Twitter) platform. Every four years, the Halving has historically been linked to greater price increases, and Horsley’s upbeat view indicates that this cycle might be no different from the others. Upcoming Bitcoin Halving Is Being Underestimated According to the CEO, the much-anticipated event is presently being significantly underestimated in the crypto space. He claims that the market has never priced in it in the past, and it will not be priced in this time either, expressing his confidence toward the occasion. Related Reading: Bitwise CEO Predicts $11 Billion Drop In Bitcoin Supply Post Halving Horsley highlighted the historical…> Open article in new tab
These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.> Open article in new tab
The latest price moves in bitcoin (BTC) and crypto markets in context for April 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.> Open article in new tab
Crypto trading sensation Ansem, known on X (formerly Twitter) as @blknoiz06, has directed the market’s gaze towards the Bitcoin Runes ecosystem, labeling it as the nascent grounds for the next 100x crypto opportunity, as NewsBTC reported yesterday. Ansem, whose prowess is well-documented through his previous astronomical gains of 170x on Solana (SOL), 520x on dogwifhat (WIF), and 80x on Bonk (BONK), stirred the crypto community with his recent Dogecoin comparison. On the cusp of Bitcoin’s highly anticipated halving today, Ansem doubled down on his initial assessment, particularly highlighting two tokens within the Bitcoin Runes ecosystem: Bitcoin Wizards (WZRD) and PUPS. He equates WZRD with Dogecoin, suggesting it has the potential to mirror Dogecoin’s viral success. In contrast, he compares PUPS to the lesser-known but highly profitable dogwifhat (WIF). Related Reading: Elon Musk Latest Tweet: How Much Did Dogecoin Gain From It Today? In a tweet that caught the eye of…> Open article in new tab
The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.> Open article in new tab
Litecoin (LTC) is proving its toughness in the wild world of crypto. Even with recent ups and downs in the market, Litecoin is holding steady, making investors hopeful about its future. While its price dipped a bit, experts and some charts are pointing towards a big comeback for LTC. Related Reading: Toncoin Unleashes DeFi Monster Growth: TVL Soars 300% In A Month Stability In The Midst Of Market Swings Litecoin’s recent performance stands in stark contrast to the broader market trend. While its price did experience a correction, dropping from a peak of $112 to its current value around $81.12, the decline has been relatively muted compared to other cryptocurrencies. Analyst Insights And Bullish Predictions Financial experts are taking note of Litecoin’s recent performance. Matthew Dixon, CEO of Evai.io, has highlighted LTC’s resilience compared to Bitcoin during this period of market volatility. He attributes this stability to the possibility that…> Open article in new tab
GBTC again led the outflows, while inflows into BlackRock’s IBIT continued to slow, provision data from Farside show.> Open article in new tab
Bitcoin’s rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.> Open article in new tab
In a recent interview on the future of Bitcoin, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has made a compelling prediction that the Bitcoin price could potentially reach $200,000 following its forthcoming halving event. This forecast comes at a time of considerable volatility within the crypto markets, exacerbated by recent geopolitical tensions and broader economic uncertainty. Bitcoin Poised To Hit $200,000 During the interview, Scaramucci provided insights into the forces he believes will drive Bitcoin’s price in the coming months. “Well, I mean, look, you could get shocks like wars and you could get, you know, God forbid a terrorist calamity or something like that that could take Bitcoin down 10 or 15%,” he explained. Despite potential short-term setbacks, Scaramucci emphasized the underlying demand dynamics bolstering Bitcoin’s price, particularly highlighting the influence of new financial products like ETFs and the growing interest from institutional investors. Related Reading:…> Open article in new tab
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 18-24.> Open article in new tab
Toncoin, of the TON network, has captured the attention of the cryptocurrency community as its Total Value Locked (TVL) surpasses a staggering $148 million, marking a historic milestone. This meteoric rise, reported by DefiLlama, showcases an almost threefold increase in just one month and a jaw-dropping tenfold surge over the course of a year. As of the latest update, TON’s TVL stands firm at slightly over $146 million, underscoring its growing prominence in the decentralized finance (DeFi) landscape. Related Reading: All Quiet On The Bitcoin ETF Front – Should You Be Paranoid? Unprecedented Growth And Leading Projects Within the TON ecosystem, standout performers in TVL include the Tonstakers liquid staking protocol and the STON.fi decentralized exchange. Together, these projects boast a combined total value of locked assets exceeding $283 million. Toncoin Surges As Market Dynamics Shift Amidst the flurry of activity, Toncoin emerges as the darling of the crypto market,…> Open article in new tab
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.> Open article in new tab
BNB price is attempting a fresh increase from the $515 zone. The price could gain bullish momentum if it clears the $572 resistance zone. BNB price started a fresh increase after it found support near the $515 zone. The price is now trading below $555 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $540 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could gain bullish momentum if it clears the $572 resistance zone. BNB Price Faces Hurdles After a downside correction below $550, BNB price found support near the $515 zone. A low was formed at $513.6 and the price started a recovery wave, like Ethereum and Bitcoin. There was a move above the $525 and $530 resistance levels. The bulls pushed the price above the $540 pivot level and the…> Open article in new tab
Ethereum price is still consolidating near the $3,000 zone. ETH could start a steady increase if the bulls push the price above the $3,100 resistance. Ethereum is still struggling to recover above the $3,100 resistance zone. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,070 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate lower if there is a close below the $2,850 support zone. Ethereum Price Consolidates Ethereum price attempted another recovery wave and remained stable above the $3,000 level. However, the bears defended the $3,100 resistance zone, like Bitcoin. There was another decline below $3,000. The price even spiked below the $2,900 support. A low was formed at $2,867 and the price is now recovering losses. It climbed above the 23.6% Fib retracement level of the downward move…> Open article in new tab
Bitcoin price is showing bearish signs below the $63,000 resistance zone. BTC must stay above the $60,000 support zone to avoid a major decline. Bitcoin is still struggling to start a recovery wave above the $63,000 resistance zone. The price is trading below $62,800 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $62,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bearish momentum if it settles below the $60,000 support zone. Bitcoin Price Struggle Continues Bitcoin price started another increase above the $61,500 resistance zone. BTC cleared the $62,500 and $63,000 resistance levels. It even spiked above $64,000 but failed to surpass the key level at $65,000. A high was formed at $64,142 before there was a sharp decline. There was a break below a connecting bullish trend line with…> Open article in new tab
On-chain data shows Bitcoin miners have always sold as Halvings have occurred. With the next one just around the corner, how are miners behaving this time? Next Bitcoin Halving Is Less Than Two Days Away Now In a CryptoQuant Quicktake post, an analyst discussed Bitcoin miners’ behavior in the build-up to the next Halving. The “Halving” is a periodic event on the Bitcoin network where the cryptocurrency’s block rewards (the compensation miners receive for solving blocks) are permanently slashed in half. Related Reading: Chainlink (LINK) Forms Bullish Pattern That Led To 50% Rally On Average This event occurs approximately every four years, and according to NiceHash’s countdown, the next one will occur in just over 32 hours. The countdown to the next halving event | Source: NiceHash Bitcoin miners earn revenue from two sources: transaction fees and block rewards. Historically, the former has been quite low on the BTC network,…> Open article in new tab
Iran’s first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.> Open article in new tab
The cryptocurrency company founded by BitTorrent’s inventor saw its IPO plans derailed last year by financial woes at its banker, Credit Suisse.> Open article in new tab
Institutions launching Bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — will be relatively muted this time, as any pontential bump is “priced in”?> Open article in new tab
Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”> Open article in new tab
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill’s authors, Sen. Cynthia Lummis (R-Wyo.).> Open article in new tab
Bearish signals are looming over the crypto market these days and will almost certainly push prices down in the short term, well-known research analyst Markus Thielen said.> Open article in new tab
The takeover, which hasn’t been previously disclosed publicly, expands the cryptocurrency exchange’s regulatory licensing in the U.S.> Open article in new tab
NEW YORK – A Manhattan jury has found crypto trader Avi Eisenberg guilty on fraud and market manipulation for his $110 million heist from decentralized finance protocol Mango Markets in October 2022.> Open article in new tab
Consensys Senior Counsel and Director of Global Regulatory talks about ETH’s legal status and Ethereum’s future.> Open article in new tab
What does Bitcoin’s fourth halving mean, and why does it matter?> Open article in new tab
Crypto prices are likely to stay high in anticipation of spot ether ETF approvals, central bank rate cuts, and regulatory changes, the report said.> Open article in new tab
Members of the industry have complained that the regulator takes too long to approve crypto applications.> Open article in new tab
There aren’t enough secondary markets that support tokenized assets, and they come with risks, the ratings company said.> Open article in new tab
The latest price moves in bitcoin (BTC) and crypto markets in context for April 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.> Open article in new tab
The aim is to offer banks and large institutions a gateway to decentralized finance on Aptos.> Open article in new tab
Introducing Ondo Finance’s offerings to Cosmos “will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments,” Ondo’s founder Nathan Allman said.> Open article in new tab
The company has formed four divisions to reflect its broadening focus: Data, Finance, Power and Edu(cation).> Open article in new tab
The new technology from Union Labs comes after the blockchain interoperability project raised $4 million in November.> Open article in new tab
The consultation paper asked New Zealand citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.> Open article in new tab
The fourth and final stage of approval comes almost a year after the crypto exchange secured a third-stage license.> Open article in new tab
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.> Open article in new tab
Analytics firm Santiment’s social-media metrics suggest the crypto crowd is beginning to lean bearish.> Open article in new tab
Cryptocurrency data provider CryptoQuant has said that holders of Ethena Labs’ USDe stablecoin should monitor the project’s reserve fund to avoid risks related to the potential of a negative funding rate.> Open article in new tab
The exchange could return as a FIU-registered firm after paying the fine, the report added.> Open article in new tab
BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.> Open article in new tab
Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on Mango Markets – which netted him $110 million – were fair game or fraud.> Open article in new tab
Unlike the last Bitcoin halving, a ho-hum affair where Covid-locked-down gawkers had little choice but to tune into livestreamed watch parties, the upcoming Bitcoin halving comes with project launches, competitions and IRL celebrations in Denver and Costa Rica.> Open article in new tab
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.> Open article in new tab
Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.> Open article in new tab
Shomari Figures, a Washington insider with a lengthy progressive resume, didn’t pull in the most money in direct contributions as he sought one of Alabama’s seats in the U.S. House of Representatives. Still, the crypto-friendly candidate dominated the crowded field of fellow Democrats and then won this week’s Democratic runoff with 61% of the vote.> Open article in new tab
Tokenization can revolutionize the way transactions are processed. But, for institutions, the highest potential lies in the digital assets themselves, says Nadine Chakar, Global Head of Digital Assets at DTCC.> Open article in new tab
Miners face uncertain times as the halving changes Bitcoin’s economics. Which groups are best positioned for the future? Dan Weiskopf, at Tidal Financial Group, gives a run-down.> Open article in new tab
Investors in mainland China won’t likely be allowed to buy into the newly approved Hong Kong-listed spot bitcoin ETFs, analysts at Bloomberg Intelligence reported, weakening excitement over the funds even further.> Open article in new tab
Large bitcoin investors haven’t started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.> Open article in new tab
According to a blog post shared with CoinDesk, the new Kraken Wallet will be the first from a major exchange to be open-sourced.> Open article in new tab
ZIGChain’s ecosystem fund is backed by DWF Labs.> Open article in new tab
The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.> Open article in new tab
CFG, the protocol’s native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.> Open article in new tab
The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.> Open article in new tab
The latest price moves in bitcoin (BTC) and crypto markets in context for April 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.> Open article in new tab
Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.> Open article in new tab