A widely respected cryptocurrency analyst has warned that the altcoin market is set to collapse compared to Bitcoin (BTC). In a new video update, cryptocurrency strategist Benjamin Cowen told his 800,000 YouTube subscribers that the TOTAL3 chart, which tracks the market caps of all altcoins minus Ethereum (ETH) and stablecoins, appears bearish compared to Bitcoin. According to Cowen, the weakness of altcoins against Bitcoin suggests that they could collapse in the coming weeks. “Most altcoins are still hitting new lows against Bitcoin pairs and you have to pick the ones in the top 20 to find what isn’t. Otherwise, we…
Author: Crypto Flexs
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The cryptocurrency world is abuzz with speculation after a deep learning model predicted a sharp price increase for Bitcoin (BTC) within the next month. But despite AI’s optimistic outlook, financial experts urge investors to approach predictions with a healthy dose of skepticism. Bitcoin price remains stagnant, but AI model predicts bright future Over the past week, Bitcoin has been stuck in a holding pattern, stubbornly hovering near the $64,000 level. This lack of volatility has left many investors scratching their heads, unsure of the market’s next move. However, deep learning models developed by CryptoQuant, a leading blockchain analytics platform, have…
Liquid staking enables tokenized representation of staked assets while reducing the minimum threshold required to earn block rewards.
People • April 26, 2024, 11:31 AM EDT Posted 1 minute ago In ~ Updated: April 26, 2024, 11:44 AM EDT Famous celebrities returning to cryptocurrency?It’s probably too early to tell, but in one of the most spectacular examples of a megastar promoting cryptocurrency in recent times, accepting money to be a brand ambassador for a cryptocurrency company has fallen out of favor following the FTX debacle. Eminem said of his voice: Crypto.com’s new TV commercial. Posted by Eminem Advertisement on X On Friday, I simply wrote: “You know it’s always been that way.”In a statement, Crypto.com said of the…
Due to an implementation bug in the Go client, the difficulty increases steadily regardless of hashing performance. Configurations affected: every Go to client version v1.0.x, v1.1.x to release and develop your branch. This bug was introduced in releases with recent updates and commits. https://github.com/ethereum/go-ethereum/commit/7324176f702a77fc331bf16a968d2eb4bccce021 This applied to the affected client versions. All miners running the aforementioned versions are affected and are advised to update as soon as possible. What could happen: High Severity: middle effect: As block time increases, the difficulty increases exponentially. Details: Due to a bug in the Go client, the difficulty of the next block increases steadily…
CHO tokens have continued to rise in value over the past three months, rising nearly 699%. This significant increase in value is due to a variety of factors, including the recent listing on the BingX exchange, which could attract millions of eyes to the project and improve CHO’s liquidity. However, considering what other factors and technical indicators are showing that could have a positive impact on the token price, is there room for further upside? Highlights of the Week: BingX Listing and CHO Listing Carnival After the announcement of CHO’s listing on BingX on April 18, the situation unfolded quite…
Polygon’s NFT sales surged 9.6% in the last 24 hours. Whales have been busy collecting MATIC at discounted prices. Despite how MATIC is doing on the pricing front, Polygon remains the leader in one very important respect. That said, there was non-fungible token (NFT) activity on the Ethereum Virtual Machine (EVM)-based blockchain in April. Polygon’s NFT Market Tracking According to AMBCrypto’s research on the Dune Analytics dashboard, Polygon processed approximately 3.4 million transactions on April 15, nearly 10% higher than the week before. Polygon’s dominance can be measured by the fact that the second-best BNB chain can only record 1.9…
Originally published on Unchained.com.Unchained is Bitcoin Magazine’s Official US Co-Managing Partner and an essential sponsor of related content published through Bitcoin Magazine. Please visit our website to learn more about the services we offer, our storage products, and the relationship between Unchained and Bitcoin Magazine. As the Technical Director of the Unchained Concierge team, I have fielded numerous customer questions regarding Bitcoin multisig. If you’re just starting to understand the benefits of multi-signature and how it works in a shared archiving environment, we hope these 10 tips will answer some of your questions.Bitcoin does not exist on your devicePhrases hardware…
San Francisco-based blockchain developer Movement Labs has raised $38 million in a Series A funding round led by Polychain Capital. The funding is expected to support the mission to integrate Facebook’s Move Virtual Machine into Ethereum (ETH). This will address vulnerabilities in smart contracts and improve transaction speeds, the company said. In this funding round, we attracted investments from renowned venture capital firms including Hack VC, Placeholder, Figment Capital, Bankless Ventures, OKX Ventures, and Aptos Labs. According to Movement Labs, from 2022 to 2023, the Ethereum ecosystem has experienced a total loss of more than $5.4 billion due to smart…
The Bitcoin halving that occurred last Saturday has not yet led to the expected price increase due to subsequent supply shortages. Instead, the world’s largest digital asset by market capitalization has fallen more than 7% over the past seven days, according to The Block’s pricing page. However, one analyst points out that the recent price correction is due to uncertainty in the macroeconomic environment rather than the result of a sell-off, as the effects of the Bitcoin halving have been reflected in prices for several weeks. “The correction we are seeing is macro and I think we can see it…