Bitcoin Dips 11% Post-Halving: Unexpected Decline Shocks Investors
May 01, 2024 15:55 pm UTC| Technology Digital Currency
Bitcoins price has unexpectedly fallen by 11% since the halving on April 20, stirring concerns among investors hoping for a post-halving surge. According to CoinGecko, Bitcoin dropped below $57,000 on May...
Transaction Fees on Shiba Inu’s Shibarium Skyrocket by 500%
May 01, 2024 15:35 pm UTC| Technology Digital Currency
Shibarium, the dedicated blockchain for the Shiba Inu cryptocurrency, has seen transaction fees escalate dramatically, with a 500% increase recorded over the last day, signaling a surge in user activity and market...
FxWirePro- Ethereum Daily Outlook
May 01, 2024 12:38 pm UTC| Technicals Digital Currency
ETHUSD pared most of its gains on weak market sentiment.It hit a low of $2815at the time of writingand is currently trading around $3016.70. Ethereum whale 0x035has offloaded 1767 ETH which was transferred to the...
FxWirePro- BTCUSD Daily Outlook
May 01, 2024 12:24 pm UTC| Technicals Digital Currency
BTCUSDdeclined below $60000 ahead of US Fed monetary policy.It hita low of $56500at the time of writing andis currently trading around $57756. Hongkong BTC and ETH ETF showed a slower response total first-day...
FxWirePro- OPUSD(Chart of the day)
May 01, 2024 11:55 am UTC| Technicals Digital Currency
OP Mainnet is a low-cost and lightning-fast Ethereum L2 blockchain powered by Optimism. It is an EVM equivalent layer 2 blockchain designed to scale up Ethereum. OPUSD showed a minor pullback after a massive...
US Court Sets May Hearing for Terraform Labs, Do Kwon Remedies
May 01, 2024 05:32 am UTC| Technology Digital Currency
On May 22, the U.S. District Court for the Southern District of New York is set to consider proposed financial remedies from Terraform Labs and its co-founder, Do Kwon, following a fraud verdict. The court will hear...
Bitcoin Traders Unfazed by 20% Drop: 'Pretty Ordinary Stuff'
May 01, 2024 05:25 am UTC| Technology Digital Currency
As Bitcoin endures its fourth 20% correction in 12 months, dropping to $59,730, market veterans see it as nothing unusual. Leaders in the crypto industry, like Raoul Pal and Thomas Fahrer, reassure that such fluctuations...
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