Promoting Blockchain in Uzbekistan Hi, I’m promoting blockchain and crypto in general for middle and high school students . This journey was somehow fun to do and youngsters are very excited about it till now. Thus we want to conduct kind of a little local conference for every school child to promote the tech. So…
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This manifesto was immortalised on-chain: 0x7181be7f573079305316257ef19e8b5cbf553821ebc27845596b305031f3c5ed. It's 2024. Privacy is facing a severe crisis. Security has never been so fragile as it is today. Censorship resistance is at stake. I'm sitting here writing this manifesto with great concern that we are losing the principles that brought us here. This is an attempt to reunite. To…
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Ticketing trends 2024(SoftJourn): Open – what can blockchain do? In 2023 Softjourn wrote a great article about the event ticketing trends to keep an eye on in 2024. It comes down to: The Rise of Open Distribution Technology Advancements to Prevent Fraud Engaging Millenials With Advanced Technology Balancing High and Low-Demand Events: Dynamic Pricing and…
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The Hong Kong securities regulator has labelled the crypto platform Bybit an unlicensed virtual asset trading platform (VATP). The regulator has also added Bybit’s products to its alert list of suspicious investment products. The Hong Kong regulator also advised the public to stop patronizing unlicensed entities. Regulator Threatens Enforcement Action The Hong Kong Securities and […]
Used to be with Coinbase bad a sh*tty experience, Binance any better? submitted by /u/Basic_Sorbet9621 [link] [comments]
Bitcoin (BTC) has drawn much attention in the last few weeks, with a stunning price surge leading to a new all-time high of $73,750. Largely defined as the pre-halving rally, BTC’s bolstering gains have been followed by significant price correction, with the crypto market leader trading as low as $65,630 on March 15. While the cryptocurrency may have picked up some minor gains in the last 12 hours as it attempts a market recovery, popular analyst Michaël van de Poppe has released a disturbing prediction that indicates Bitcoin price correction may be far from over. Related Reading: Behind The Scenes Of Shiba Inu 12% Plunge: What On-Chain Analysis Tells Us Bitcoin May Have Peaked Pre-Halving, Analyst Says In a Friday post on X, van de Poppe shared a market forecast that Bitcoin could fall as low as $57,000, thus prolonging its current correction phase. The analyst began by highlighting that BTC still retained a valid bearish divergence which occurs when the price of an asset forms higher highs while the corresponding indicator forms lower highs. It usually indicates that the driving force behind a certain trend is attenuated with a reversal now on the horizon. #Bitcoin remains to have a valid bearish divergence. This is confirmed by the lower timeframe, lower highs, and clear rejection at $70.5K. For this correction, I’d be targeting $57-61K, and, likely, we’ll have peaked pre-halving. Altcoin summer is on the horizon. pic.twitter.com/bGmnHcVDnz — Michaël van de Poppe (@CryptoMichNL) March 15, 2024 In the case of Bitcoin, the bearish divergence indicates the coin’s recent rally may be exhausted and is now likely to produce major negative price movements. Van de Poppe stated this theory was confirmed by BTC’s latest rejection at the $70,000 zone during its attempted market rebound. The prominent crypto analyst predicts Bitcoin to soon resume its price correction, falling to a price range of $57,000 to $61,000. If these speculations prove true, it could also indicate that in similar fashion, the BTC market may attain its highest value prior to the Bitcoin halving. For context, the Bitcoin Halving is historically preceded by a price rally followed by a significant price retrace ranging from 20% to 40%. With the next Halving event set for April 2024, van de Poppe believes that further retracement by Bitcoin could stamp the end of the pre-halving rally. Related Reading: Key Trend Driving Altcoin Market Toward $425 Billion: Analyst BTC Price Overview According to data from CoinMarketCap, Bitcoin is currently trading at $69,027 with a 0.17% and 1.26% in the last hour and day, respectively. In tandem, the token’s daily trading volume is up by 1.20% and is valued at $69.58 million. BTC trading at $69,259 on the weekly chart | Source: BTCUSD chart on Tradingview.com Featured image from iStock, chart from Tradingview
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Sovryn (Bitcoin DeFi protocol) on Rootstock sidechain launched its Zero-interest loan product, and as of today has 571.17 BTC put up as collateral by people taking out loans to use for their day-to-day activities. Yes, pay bills, travel, etc without having to sell BTC or give out control to a third party. Up-to-date stats here…
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The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of the foundation’s holdings, and more might be chosen […]
