Category: Cryptocurrency News

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Any suggestions? I guess I can "wrap" it into something called cbETH, but have no idea how the transfer cost is. Bonus question, I have ETH at Metamask. How can I transfer it to Coinbase, so I can sell that too? submitted by /u/Gears6 [link] [comments]

Former U.S. President Donald Trump says bitcoin is an “additional form of currency,” emphasizing that the crypto has taken on a life of its own. He also lets people pay for his merchandise with cryptocurrencies. “There has been a lot of use of that, and I’m not sure that I’d want to take it away […]

Satoshi Nakamoto introduced halving events to keep the #Bitcoin inflation rate in check. Reducing the mining rewards reduces the incentive to mine for more, increasing #BTC scarcity and raising the stock-to-flow ratio. When the Bitcoin network went live in 2009, the mining reward, or Bitcoin mining subsidy, stood at 50 BTC per block. Bitcoin’s pseudonymous…
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As Bitcoin (BTC) continues its remarkable ascent, reaching a new all-time high (ATH) of $72,300, investors wonder when the current bull market will peak. Considering historical data and the upcoming halving event scheduled for April 2024, crypto analyst Rekt Capital has provided insights into potential timing.  Bitcoin Peak Expected Sooner Than Expected? By examining previous halving cycles and the “acceleration” observed in the current cycle, Rekt Capital suggests that Bitcoin’s bull market may peak within 266-315 days from breaking its old all-time high, potentially occurring in December 2024 or February 2025. Rekt Capital’s analysis reveals that Bitcoin has historically peaked in its bull market approximately 518-546 days after a halving event. However, the current cycle demonstrates accelerated growth, reducing approximately 260 days.  According to the analyst, this acceleration has the potential to halve the typical cycle length, indicating that Bitcoin’s peak in the current bull market may occur much sooner than anticipated. Related Reading: 94 Million XRP Exits Binance As Bulls Reclaim Control, What’s Going On? Rekt Capital’s perspective, measuring the bull market peak from when an old all-time high is breached, provides valuable insights. In this cycle, Bitcoin recently broke to new all-time highs, indicating a potential milestone in the market.  If the accelerated perspective holds, the next bull market peak is estimated to occur within 266-315 days from this breakout, landing somewhere between December 2024 and February 2025, according to the analysis provided by Rekt.  Roughly every four years, Bitcoin’s halving events have historically played a crucial role in shaping market cycles. These events reduce the block reward miners receive, thereby reducing the rate of new Bitcoin supply, but this time may be different, according to Rekt, another analyst.   From Four-Year Cycle To New Horizons Similar to Rekt’s analysis, market expert Crypto Con suggests that the “conventional four-year cycle” may no longer hold, as Bitcoin is reaching new all-time highs sooner than expected, and as such, Crypto Con believes that the “boundaries of the traditional cycle” are being pushed, potentially signaling a paradigm shift in Bitcoin’s market dynamics.  Historically, Bitcoin’s price cycles have adhered to a four-year pattern, characterized by market peaks around four years after each halving event. However, Crypto Con challenges this notion, arguing that the current cycle deviates from the “traditional timeline.”  Related Reading: Cloudy Future For Ethereum ETFs – What’s Casting Doubt On Their Fate? Bitcoin’s recent entry into “price discovery mode” and the achievement of new ATHs approximately a year earlier than expected suggest that the four-year cycle may no longer hold its predictive power. Crypto Con’s analysis indicates that the current market trajectory aligns more closely with the 2017 bull run than with previous cycles. Comparing the first tops of cycles 1 and 3 (2013 and 2021) to the present, both instances were on the verge of forming their initial peaks around April, mirroring the current market conditions.  This observation supports the possibility of Bitcoin’s next bull market peak occurring in late 2024 rather than the previously anticipated late 2025. Featured image from Shutterstock, chart from TradingView.com 

I've had a little eth staked with Lido on a ledger for the past year or so, I figured with things on the rise I'd try and unstake and get the eth back in my wallet. At first I tried to request a withdrawal from Lido – wouldn't work, I left some eth in my…
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The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms. ETNs Must Adhere to UK Listing Requirements The Financial Conduct Authority (FCA), the watchdog for the […]

Pepe coin (PEPE) has been showing an incredible performance alongside the rest of the crypto market. This weekend, the two biggest cryptocurrencies, Bitcoin and Ether, displayed remarkable price growth. BTC keeps reaching new all-time highs (ATH), and ETH surpassed the $4,000 mark for the first time in two years. Similarly, PEPE joined the party after hitting a new ATH over the weekend, which prompted whales to take profit on their bags. Related Reading: Pepe Coin Soars Over 250% – Will March Bring More Surprises? Whale Makes Big Profits After Price Surge After its launch in April of last year, the frog-themed coin shook the crypto space and the memecoin market, becoming one of the most recognizable memecoins in the sphere. Despite the big start, PEPE’s price started fading as the market turned its eyes to competitors like BONK and other Solana-based memecoins. However, the bull run has propelled the market prices to heights unseen since 2022, and PEPE has taken advantage of the bullish momentum. As reported by the blockchain analytics platform Lookonchain, a whale made over 431% in profits in just two weeks. The address shows that the trader withdrew over 1 trillion PEPE tokens from Binance in three transactions before the price skyrocketed. In just 2 weeks, this trader made $8.13M(+431%) on $PEPE! This trader deposited 196.18B $PEPE($1.7M) to #Binance for profits 4 hours ago, with 1T $PEPE($8.31M) left. He withdrew 1.19T $PEPE(cost ~$1.88M) from #Binance before the price of $PEPE increased.… pic.twitter.com/FWZgIWcCYP — Lookonchain (@lookonchain) March 10, 2024 The first transaction of 713.12 billion PEPE was made 15 days ago when it was trading at around $0.00000138. The second withdrawal, about 316.36 billion tokens, was done a day later when the token price was $0.00000180. Finally, the trader withdrew 116.7 billion tokens one more time when the price was hovering around $0.00000269. Lookonchain said these withdrawals accounted for 1.19 trillion PEPE tokens, which cost about $1.88 million. Yesterday, the whale deposited 196.18 billion tokens back to Binance for profits of $1.7 million. The address still has 1 trillion PEPE left, worth around $8.13M at the time of the report. At the time of writing, these holdings had increased by over $1 million and were worth $9.13 million. As reported by NewsBTC, whales have profited from their PEPE holdings since the memecoin started its resurgence in late February. PEPE’s Massive 800% Surge Despite the volatile crypto market and whales selling large amounts of PEPE, its community seemingly feels confident in the frog-theme coin and considers it THE memecoin of this bull run. $PEPE will surprise everyone like $DOGE did in 2021. After the first Dogecoin pump in 2021, some people regretted not buying. Don't make the same mistake in 2024 with $PEPE. This is THE meme coin of this bullrun. pic.twitter.com/lUq213XwFQ — Tryrex (@Tryrexcrypto) March 9, 2024 Since the memecoin interest surged, Pepe coin has tagged along and shown massive growth. In the last 14 days, the token has registered a staggering 549% price. Even more impressively, the price has risen 799.5% in the past month. The token has climbed to the top of the memecoin ranking after flipping tokens like BONK and CorgiAI. PEPE now sits as the third largest memecoin with a market capitalization of $3.85 billion, an 8.41% increase in the last 24 hours. Similarly, its daily trading volume has increased by 16.85% to $1.49 billion, suggesting that market activity and interest in the memecoin have surged in the last day. At writing time, PEPE is trading at $0,000009135. This represents an 8.5% rise in 24 hours and a 5.95% decrease from its ATH of $0,000009793, registered two days ago. Related Reading: Crypto Expert Says Dogecoin, Shiba Inu, PEPE, Others Are About To Explode PEPE price performance in the 5-day chart. Source: PEPEUSDT on Tradingview.com Featured image from X.com, Chart from Tradingview.com