However, the report noted that timing altcoin season is a “risky sport” because Bitcoin ETFs have transformed the cryptocurrency investment landscape and there is no guarantee that funds flowing into Bitcoin will eventually flow into smaller assets. “There is enough risk appetite to send a select few altcoins in large numbers, but we are yet to see a new retail wave entering the altcoin space to create a bull run that lifts all boats,” K33 said.
Author: Crypto Flexs
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Bitcoin BTC -0.00% According to estimates, the next halving event is just 50 days away, or about 7,300 blocks away. CoinGecko and OKLink.The estimated countdown is based on Bitcoin’s average block creation time of 10 minutes, and as things stand, the potential date is set at April 21st. In the Bitcoin halving event, rewards for miners on the network will be reduced from 6.25 BTC to 3.125 BTC per block.Bitcoin halving is programmed to occur automatically every 210,000 blocks, or approximately every four years. When a halving event occurs, miners receive 50% less Bitcoin as a reward for every block…
The future of XRP price has been a hot topic of debate among cryptocurrency analysts for some time. Much of this analysis focuses on possible price movements and possible price targets as a bull market unfolds. In the same vein, cryptocurrency analyst CryptoBull presented its own bullish case for altcoins, offering the most realistic price targets. Long time price channel shows realistic prices In CryptoBull, an analyst posted on X (formerly Twitter), he shows the historical price movements of altcoins dating back to 2014. Analysts use this to infer the possible trajectory of XRP price over the next few months…
A widely respected analyst and trader is providing insight into two digital assets as the overall cryptocurrency market cap rises. Cryptocurrency analyst known by the pseudonym Bluntz says 241,400 followers on social media platform A bullish divergence occurs when an oscillator (in this case the Relative Strength Index (RSI)) makes higher lows while the price of an asset continues to make lower lows. Source: Bluntz/X WIF is trading at $0.952 at the time of this writing, up about 229% from its February 24 low of $0.289. Let’s take a look at Solana (SOL), a household name analyst. Called There is…
Cryptocurrency analyst Alex Wacy predicts a parabolic rally for Centrifuge (CFG) amid the explosion of the tokenization industry. CFG price is currently close to $0.7 and could hit all-time highs during the alt season. Cryptocurrency analyst and researcher Alex Wacy said Centrifuge (CFG) could go parabolic during the alt season and hit new all-time highs. CFG prices are up 13% in the past week and 40% in the past month. Over the past two months, the value of the altcoin has overcome resistance around $0.70. Wacy sees $1.2 as the first major target for the bulls, with a vertical rally…
introduction MayaCoin is a relatively new cryptocurrency that aims to revolutionize the way transactions are conducted in the digital world. With a focus on decentralization, privacy, and security, MayaCoin offers a unique solution to the problems faced by traditional fiat currencies. Features of Maya Coin Decentralization: MayaCoin operates on a blockchain network. This means that transactions are confirmed by a network of nodes rather than a central authority. Privacy Protection: MayaCoin uses advanced encryption technology to ensure user transactions remain private and secure. Security: MayaCoin integrates state-of-the-art security measures to protect users from hacking and fraud. Fast and Cheap Transactions:…
The cryptocurrency community has seen an increase in the number of hacks in the first two months of 2024. As widely reported by Bitcoinist, hackers and scammers have been targeting high-profile figures and projects within the industry. According to PeckShield, a cryptocurrency research firm specializing in security, the total value of cryptocurrency stolen in attacks increased by more than 97.6% in February compared to the previous month. More than 21 cryptocurrency attacks occurred in February In an Last February, hackers stole approximately $360.83 million in a cryptocurrency heist. According to a previous report from PeckShield, $182.54 million was stolen in…
Enoch Mutembei As the sentencing date for former FTX CEO Sam Bankman-Fried approaches, an appeal for clemency has come from an unexpected source: his family. In a recent filing in the U.S. District Court for the Southern District of New York, SBF’s attorneys submitted 29 letters of support, including heartfelt endorsements from his mother, father and brother. The 31-year-old former CEO’s mother, father and brother – Barbara Fried, Joseph Bankman and Gabriel Bankman-Fried – all wrote letters to Judge Lewis Kaplan revealing SBF’s growth, personality and contributions. FTX. Despite SBF’s conviction on seven felony charges, his family is passionately calling…
Posted 1 minute ago In ~ The Nigerian government has reportedly demanded at least $10 billion from Binance due to its crackdown on cryptocurrency exchanges and the devaluation of its currency.The news was shared by President Bola Tinubu’s Special Adviser on Intelligence and Strategy, Bayo Onanuga, in an interview with the BBC. Onanuga claims Binance profited from “illegal transactions” at the country’s expense.According to multiple reports, Binance is already under investigation in Nigeria. “I confirm that the Office of the National Security Adviser, together with the CBN and other law enforcement and security agencies, is coordinating an inter-ministerial investigation into…
The cryptocurrency market is currently undergoing a major shift due to the resurgence in the value of Ethereum (ETH), which has reignited investor interest in the broader altcoin market. This resurgence is due to several key developments within the Ethereum ecosystem, such as the potential approval of an Ethereum spot exchange-traded fund (ETF) in the U.S., the upcoming Dencun upgrade, and the anticipated launch and introduction of various scaling solutions. Staking platforms like EigenLayer. These developments have been seen as an important catalyst for the resurgence of Ethereum, especially after it lagged Bitcoin (BTC) for a period of time in…