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Bitcoin (BTC) is currently weathering a miner capitulation phase, according to on-chain analyst Willy Woo.
Woo tells his 1.1 million followers on the social media platform X that the Bitcoin halving event in April is currently “culling weak miners”
The event, which happens roughly every four years, essentially cuts the Bitcoin reward that miners receive for powering the network in half, reducing...
Macro strategist Henrik Zeberg thinks the economy is currently in the midst of an “everything bubble” that’s primed to get even bigger.
The economist tells his 143,400 followers on the social media platform X that the current bubble’s blow-off top isn’t finished.
“Bubble – where?
Below is Market Capitalization to GDP (gross domestic product):
1929 was a major Bubble: 105%
2000 was a major Bubble...
Two US senators are urging Federal Reserve Chair Jerome Powell to cut interest rates to avoid an economic recession.
In a new letter penned directly to Powell, Democrats Elizabeth Warren (D-Massachusetts) and Jacky Rosen (D-Nevada) argue that persistent high rates are slowing down the economy and driving up the cost of housing and insurance, which the senators say are the “main drivers” of the...
A crypto analyst known for making timely Bitcoin calls believes BTC is due for a final corrective move before an explosion to fresh record highs.
Pseudonymous analyst Bluntz tells his 261,200 followers on the social media platform X that Bitcoin appears to be forming a bull pennant pattern on the three-day chart.
According to the analyst, BTC may see a leg down close to $60,000 to set the stage...
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The recent emergence of DePIN (decentralized physical infrastructure networks) offered a unique solution to the various limitations of centralization by presenting a distributed, incentivized system that integrates community-driven blockchain technology.
This decentralized route ensured individuals could participate in owning and managing physical...
A widely followed crypto strategist says that a deep drawdown may be in sight for a scorching-hot memecoin.
Analyst Michaël van de Poppe tells his 720,500 followers on the social media platform X that Floki (FLOKI) may see a severe correction after rallying by more than 13x in just a few months.
“It’s up 1,200% since the start of this run and made a liquidity sweep above the previous high. The...
The venture capital and incubation arm of the world’s largest crypto exchange is advancing artificial intelligence (AI) technology-focused integration with blockchain in its latest investment.
In a new announcement, Binance Labs says it has invested in Zircuit, a new Layer-2 (L2) network with AI-enabled “sequencer level” security.
According to the announcement, Zircuit’s L2 combines rollup...
A trader known for several accurate crypto market calls says that Bitcoin (BTC) remains in a bullish market trend.
Pseudonymous analyst Dave the Wave tells his 146,500 followers on the social media platform X that as long as Bitcoin remains above an ascending diagonal level, the crypto king is still poised to print fresh all-time highs (ATHs).
“BTC still on track.”
Source: Dave the Wave/X
The...
A widely followed crypto analyst is warning traders that Bitcoin (BTC) will likely fall further before rising again.
Pseudonymous crypto trader Rekt Capital tells his 476,200 followers on the social media platform X that BTC’s technicals has confirms that the crypto king has already seen its local top.
“It is confirmed
Bitcoin’s recent advances to the upside fed into a local topping structure (...
June 11, 2024 – Singapore City, Singapore
Web 3.0 infrastructure provider SubQuery Network has announced the launch of two new RPCs for the Polkadot ecosystem. Available for Polkadot and Kusama, they are the first decentralized RPCs to be made available on the Substrate-based networks.
SubQuery provides Web 3.0 infrastructure for almost 200 networks. The SubQuery Network is a globally...