Three Weeks Left till Bitcoin Halving 2024, Big Boost for Bitcoin ETF
Historically, past Bitcoin halving events have proved to be bullish for the Bitcoin price, with analysts expecting a rally to $200,000.
Historically, past Bitcoin halving events have proved to be bullish for the Bitcoin price, with analysts expecting a rally to $200,000.
While historical data and current market sentiments suggest that BTC will likely rally after the halving event, other analysts have cautioned inventors against relying on past performance to forecast future price movements.
Meme coins, often inspired by internet memes or popular culture, have generally gained massive popularity in recent times.
The Ethereum co-founder has urged meme coins to build fun crypto games instead of relying on charity donations to improve utility.
With this feature, users can now search for three Bitcoin address formats, P2PKH, P2SH, and Bech32, and promptly access the current balances and recent transactions linked to those addresses.
The association will officially launch latest by June and will represent the industry as the government introduces crypto laws in Taiwan.
The event scheduled quarterly comes at a time when the crypto market is experiencing a notable rally. In particular, BTC is hovering around $70,000, showing robust momentum with a 24-hour trading volume of $30.8 billion
Despite both companies’ denials, people familiar with the matter said that HKVAEX and Binance share deeper connections than acknowledged.
The price of DOGE has been on a longer bullish trajectory since mid-February, when it began to rise from around $0.08.
Bitcoin Cash remains a long distance from its all-time high of $4,355 which it attained back in December 2017.
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.