While speculators will likely position themselves in advance of the halving on April 20, long- term investors should pay minimal attention to the halving itself, and rather focus on the demand side of the market, says Torbjørn Bull Jenssen, CEO of K33.
The platform also recently surpassed $7.4 billion in total value locked, or TVL.
Data labeling company Sapien has raised $5 million in a seed funding round.
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.
The latest price moves in bitcoin (BTC) and crypto markets in context for April 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The country’s “wait and see” approach to regulating crypto could risk New Zealand missing out on the benefits of industry developments, a government inquiry found.
Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen ahead of prior halving in May 2020.
The move-to-earn app has initiated its biggest airdrop ever ahead of announcing a partnership with a leading sports and apparel brand.
Bitcoin has fallen below the $69,000 level on Wednesday, ahead of the release of U.S. Consumer Price Index data.
One analyst said profit taking by long-term holders spiked meaningfully into the $73,000 level and has cooled down in recent weeks, supporting a bullish bias in the future.
