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Bitcoin Plummets to $66,000 Prompting Over $240 Million Market Liquidations
April 2, 2024
Bitcoin's price dropped dramatically on April 2, descending rapidly to $66,000 before making minor recovery to approximately $66,500. From its March 14th all-time peak of $73,500, this indicates an almost …
Read moreAdvanced Learning Concept: Understanding the Potential Risks of Layer-3 Protocols in Cryptocurrency
April 2, 2024
In the rapidly evolving crypto world, new technologies and concepts continue to emerge, constantly reshaping the landscape. One such concept is the layer-3 protocol, illustrated through the example of the …
Read moreCrypto Market Takes a Hit: Upbit Crash and Bitcoin Flash Crash
April 1, 2024
The cryptocurrency market experienced a significant turmoil recently. The trading volume on South Korea's Crypto Exchange Upbit has seen a drastic drop of 75% with the 24-hour crypto trading volume …
Read moreTether Advances to Become the Seventh Largest Bitcoin Holder After Recent $618 Million Acquisition
April 1, 2024
Following its latest acquisition of $618 million worth of Bitcoin, Tether (USDT) is now the seventh-largest Bitcoin holder globally. The stablecoin issuer has purchased upwards of 8,000 BTC from a …
Read moreBitcoin in April's First Week & Future Scenarios: A Comprehensive Look
April 1, 2024
Bitcoin's Performance & Future Possibilities March ended with Bitcoin reaching record closing prices over $70,000, marking significant growth of over 57% in 2024, influenced heavily by the increase in institutional …
Read moreDegen Chain Soars but Invites Controversy in the Crypto Community
April 1, 2024
Polygon's CEO Marc Boiron has spoken out about the potential risks of layer-3 protocols, such as the newly successful Degen Chain. His concern centers on the possibility of layer-3 protocols …
Read moreBitcoin Market Dynamics Pointing Towards Possible Upsurge Amid Stability
April 1, 2024
Bitcoin's activity in the crypto market has been stable, with the value hovering around $70K. The options impact on the crypto market correlates with Bitcoin's ongoing stability, drawing attention from …
Read moreCrypto Weekly Roundup: Key Events and Market Insights
April 1, 2024
Weekly RoundupBinance executive reportedly escapes Nigerian custody amidst tax evasion claims.Bitcoin shows notable growth as market cap nears 10% of gold's.Binance to terminate Tron network-based USD Coin support, amidst increasing …
Read moreLearn Concept: Understanding DeFi and Yield Farming
April 1, 2024
Decentralized Finance, frequently known as DeFi, is a blockchain-based form of finance that doesn't rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments. …
Read moreLearn Concept: The Dynamics of Bitcoin Accumulation Among Investor Groups
March 31, 2024
Exploring the Investment Trends in Bitcoin MarketRecent data from the cryptocurrency market indicates a growing trend of Bitcoin (BTC) accumulation among two primary investor groups - 'Shrimps' and 'Sharks'. 'Shrimps' …
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