Bitwise Chief Investment Officer Matt Hougan offered a long-term view on Bitcoin halving based on historical data and spot ETF demand. In an April 19 interview with CNBC, Hougan viewed this year’s Bitcoin (BTC) halving as a “news-buying” opportunity for investors interested in the world’s largest cryptocurrency asset class. “If you look at halvings historically, the price movement within a week or two after a Bitcoin halving is relatively quiet. But looking ahead one year, the BTC price has rebounded significantly after each of the last three halvings and I think it will continue to do so.” Matt Hougan, Bitwise…
Author: Crypto Flexs
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Tether strengthens its partnership with Telegram by launching USDT and XAUT on TON.Tether, which operates USDT, the world’s most popular stablecoin, is deepening its integration with Telegram’s Web3 ecosystem with the launch of its open network (TON). Announced at the Token2049 cryptocurrency event in Dubai, where Tether CEO Paolo Ardoino and Telegram founder Pavel Durov delivered keynote addresses, the strategic move includes the introduction of the US dollar-pegged Tether USDT and gold-pegged Tether Gold (XAUT) stablecoins. Included. On the TON blockchain.The launch is consistent with our vision for a decentralized financial system.The collaboration between Tether and the TON blockchain highlights…
Posted 1 minute ago In ~ A group of investors agreed to settle a civil lawsuit against former FTX CEO Sam Bankman-Fried in exchange for his cooperation in cases against celebrities who promoted the platform.In documents filed Friday, the investors asked a Miami court to approve the settlement, and Bankman-Fried is among them, including basketball player Shaquille O’Neal, businesswoman Gisele Bündchen, soccer star Tom Brady and businessman Kevin O’Leary.The document was signed by Bankman-Fried, who was recently sentenced to 25 years in prison, and class action co-counsel Adam Moskowitz. Bloomberg First reported news.According to the settlement document, Class Counsel recognizes…
Welcome to the latest issue of Cryptie. Bitcoin and other cryptocurrencies have seen significant activity this month as the market shows promising trends. This issue includes the latest updates from the cryptocurrency industry, merchant deals, giveaways, and the latest updates from BitPay.Let’s take a look at this month’s highlights.On this issue: industry newsRead news from across the blockchain industry.Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud: In a significant development in the cryptocurrency industry, Sam Bankman-Fried was sentenced to 25 years in prison for defrauding FTX customers of $8 billion. sector.US Authorities Handle $2 Billion in Seized…
According to trader analysis, the current bull market could have a shorter duration, with the first peak scenario set for December 2024. The post Bitcoin price could peak in December 2024, highlights traders appeared first on Crypto Briefing
This is the third and final post in a series on how to create your own autonomous organization using an Ethereum wallet. to The first post detailed how to create a token.and Second, we showed how to create a digital democracy governed by these tokens.. Now let’s do a full loop and generate a token. controlled By organization! We will be modifying the token contract to allow your DAO to issue it. So save the address of the current DAO in your notepad (note the icon) and Get this source code And you know the drill: Contract > Deploy new…
With the Bitcoin halving event already making waves, investors are eager to understand its impact on the market. This halving could potentially change the investment landscape, leading to innovative trends. As the bull market gains momentum in 2024, it is important to stay informed of changes that could redefine your investment strategy. The focus here is on five important trends emerging after the halving that can help you align your portfolio with upcoming financial developments. BlastUP Pre-sale: The first launchpad in the Blast ecosystem is now available! BlastUP is the pioneering launchpad for Blast, a cutting-edge layer 2 solution that…
A group of meme-loving cryptocurrency netizens have purchased the rights to the Shiba Inu photo linked to Dogecoin and the doge meme.Own the Doge, a decentralized autonomous organization (DAO), has purchased the rights to the iconic image of Kabos, an 18-year-old Shiba Inu, from the dog’s owner, who is a co-leader of the group. said Cointelegraph. A photo of a perplexed dog sitting on a sofa gained notoriety in the cryptocurrency industry, inspiring a meme called “doge” featuring the dog surrounded by multicolored pieces of text indicating some kind of internal monologue. according to On KnowYourMeme, the meme encyclopedia.The purchase…
introductionEvery meme coin investor’s dream is simple. Identify the next big meme coin early and leverage this investment to acquire life-changing wealth.The 2024 cryptocurrency bull market has paved the way for investors this year to achieve life-changing wealth through astronomical increases in value through dog-themed tokens and politically inspired cryptocurrencies.In this article, we explore the quirky and lucrative world of meme coins and highlight how a modest investment can turn everyday cryptocurrency investors into millionaires.XUnderstanding the Meme Coin ExplosionMeme Coin MechanicsLet’s face it – Meme coins attract investors due to the potential for quick and ridiculously high returns. This is…
The air roars with anticipation as the Bitcoin network hurtles towards its fourth halving event, expected in the coming hours. This pre-programmed phenomenon halves the block reward (the number of new Bitcoins created for transaction confirmation) to miners. Some see this as the recipe for another digital gold rush, but experts warn against blind optimism. Bitcoin rewards are cut, not supplied There are many misunderstandings ahead of the halving. Binance co-founder Changpeng Zhao recently stated that halvings do not reflect stock splits, which increases the total number of shares. In contrast, halvings reduce the rate at which new Bitcoins enter…