Early this morning, news broke that Israel had attacked Iran, and as a result, the cryptocurrency market plummeted due to the news.What’s interesting about the chart above is that the price quickly recovered from $59,690 to $64,800 in just a few hours, and within that time we can be sure that institutional funds like BlackRock were buying up discounted Bitcoin for their ETFs. .Whether by coincidence or strategic timing, all of this happened right before the scheduled Bitcoin halving event. This event only occurs once every four years.A Bitcoin halving event marks a point in time when the production of…
Author: Crypto Flexs
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April 19th Part 7: Looking forward to Bitcoin’s new post-halving reality Post time: 14:33h education by admin Estimated date for the 4th halving: April 20, 2024, 01:20 UTC Bitcoin Halving is a cornerstone event in the cryptocurrency world, significantly changing the landscape of the entire cryptocurrency industry every four years by halving the reward for mining a new block on the Bitcoin blockchain. This mechanism, set up by Bitcoin creator Satoshi Nakamoto, not only reduces the rate at which new Bitcoins are created, but also plays a key role in Bitcoin’s market dynamics and its recognition as equal to digital…
XVC Tech Announces Strategic Investment in TradeTogether to Strengthen Web3 Asset Management – Chainwire housenewsroomXVC Tech Announces Strategic Investment in TradeTogether to Strengthen Web3 Asset Management We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportThe oldest and largest blockchain entered its 840,000th block shortly after midnight UTC on Saturday morning, marking the start of the latest Bitcoin halving, beginning on April 20 (12:10 AM ET). Despite all the hype and expectations, BTC price has remained stable.The price of BTC was at $63,976 when the pivotal block was issued, a gain of 1% in the last 24 hours, according to CoinGecko data. Thirty minutes later…
Gavin Wood, the creator of the Polkadot protocol, has released a new Gray Paper outlining the network’s upcoming Join-Accumulate Machine (JAM) upgrade. The announcement was made during Wood’s presentation on the future of Polkadot at the Token2049 crypto conference in Dubai. Wood introduced the JAM Implementer’s Prize, a 10 million DOT prize pool to encourage diverse development of the JAM protocol. Polkadot unveils JAM upgrade According to presentationThe JAM upgrade aims to replace the relay chain, which serves as the central data chain of the Polkadot network, with a “more modular and minimalist design” that will allow Polkadot to run…
Dubai, UAE, April 18, 2024, Chainwire SeedHunter is a platform dedicated to fostering and fostering collaboration among each other. Influencer and cryptocurrency projects to gain traction in Web3 Community. The company has a fresh new perspective on how to connect high-potential influencers and KOLs with their respective cryptocurrency projects and investors in a profitable, scalable, and secure manner. Seed Hunter Released April 18, 2024Debut service: marketing module. This is a platform that allows cryptocurrency projects to manage and maintain influencer marketing campaigns more efficiently, securely, and effectively. The launched marketing campaign can be uniquely tailored to the needs of your…
Bitcoin BTC +2.47% ‘s latest Now that the halving is complete, miners’ block subsidy rewards will be reduced from 6.25 BTC to 3.125 BTC.Bitcoin’s fourth halving occurred at block height 840,000, ushering in a new era for the network. The hopes of many in the community that the subsidy would be halved on the memorable date of April 20 did not materialize in the US market, as miners appeared to increase the hash rate on the network before the subsidy ran out.Bitcoin halving is programmed to occur automatically every 210,000 blocks, or approximately every four years. When a halving event…
A prominent cryptocurrency trader said that decentralized oracle network Chainlink (LINK) is sending bullish signals in the near term. Ali Martinez says Tom DeMark (TD) of 59,300 followers on social media platform Traders use the TD Sequential indicator to predict a potential trend reversal in a token based on the closing prices of the previous 13 bars or candles. Source: ali_charts/X LINK is trading at $13.81 at the time of this writing. The 18th-largest cryptocurrency asset by market capitalization is up more than 4.5% in the past 24 hours, but is down nearly 21% over the past week. Martinez also…
I know HD wallets are now the industry standard. I also understand that “HD” refers to the technology of the wallet itself, so HD wallets can be either omnibus or personal wallets. That said, I don’t understand how this actually works and where the limitations apply. Specifically: I understand that exchanges may use omnibus wallets for operational efficiency. For example, internal netting can be performed between clients on the omnibus to save on-chain gas costs. However, if each client has its own subkey pair and therefore an address within the omniverse, can cryptocurrencies move to different subkey pairs within the…
Grand Cayman, Cayman Islands, April 18, 2024, Chainwire The annual event is the culmination of Sui’s unconventional debut. More than 1,000 projects, partners, investors and enthusiasts from 65 countries around the world gathered in Paris last week to celebrate Sui at Layer 1’s proudly first global Sui Basecamp conference. At the first annual event held during Paris Blockchain Week, Sui was welcomed by developers and builders from around the world during the two-day event. Speakers at Sui Basecamp covered all aspects of the industry, from payments to gaming, e-commerce, and major league sports, providing commentary in keynotes, panels, and fireside…