Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions

Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors. read more

SPACE ID Price Prediction 2024 -2033: Is ID a Good Investment?

SPACE ID Price Prediction 2024 -2033 Decentralization and blockchain technology have transformed how we interact with the digital world, and the development of innovative projects like SPACE ID is evidence of this revolution. SPACE ID provides a universal name service network that enables decentralized domain registration, trading, and management across different blockchain networks. The ID read more

Ordinals Developer Releases Guide As Runes Go Live With Bitcoin Halving

Ordinals Developer will be launching Runes, a new standard for fungible tokens issued directly on Bitcoin right alongside the halving. The early hours of April 20 will see the launch of a token that was created by Ordinals founder Casey Rodarmor as a substitute for BRC-20, the first bitcoin fungible token system based on Ordinal The post Ordinals Developer Releases Guide As Runes Go Live With Bitcoin Halving appeared first on CoinGape . read more

IRS Shares Early Look at Crypto Reporting Form Set for 2025

The U.S. Internal Revenue Service (IRS) has unveiled an early draft of a new tax form designated for reporting cryptocurrency transactions. The draft form, 1099-DA, is the latest step of the IRS’s endeavors to consolidate the reporting measures with respect of digital assets as part of the federal tax code. The purpose of this initiative The post IRS Shares Early Look at Crypto Reporting Form Set for 2025 appeared first on CoinGape . read more

Blackrock Bitcoin ETF to Surpass Grayscale Soon; Just $2 Bln Gap Left

Blackrock Bitcoin ETF has shattered records ever since it received the green signal from the SEC. With a new triumph under its belt, Blackrock Bitcoin ETF could soon surpass Grayscale to become the world’s largest Bitcoin fund. Blackrock Bitcoin ETF Inches Close to Surpass Grayscale According to Bloomberg, the difference between Grayscale and BlackRock’s iShares The post Blackrock Bitcoin ETF to Surpass Grayscale Soon; Just $2 Bln Gap Left appeared first on CoinGape . read more

Elon Musk Challenges TikTok Ban, Cites Free Expression Concerns

Elon Musk, the CEO of X (formerly Twitter), has taken a stand against the possible U.S. TikTok ban, stressing that such a move would go against freedom of speech and expression. In his social media posts, Musk made his concerns known, highlighting the potential benefits of his platform and rejecting the ban on the basis The post Elon Musk Challenges TikTok Ban, Cites Free Expression Concerns appeared first on CoinGape . read more

Internet Computer Teases Latest Evolution In AI Smart Contract Engine

Barely one month after talking about the introduction of the world’s first blockchain-based Artificial Intelligence (AI) represented on a smart contract, Internet Computer (ICP) has now hinted at a major evolution in the pursuit. Internet Computer Is Advancing AI Smart Contract Capabilities In an X post, ICP founder Dominic Williams highlighted a massive acceleration of The post Internet Computer Teases Latest Evolution In AI Smart Contract Engine appeared first on CoinGape . read more

Bitcoin Fees Skyrockets Post-Halving Despite Mining Reward Cut!

The post Bitcoin Fees Skyrockets Post-Halving Despite Mining Reward Cut! appeared first on Coinpedia Fintech News Bitcoin fees soared to more than 2,750 Satoshis/VB or over $240 per transfer during the time of Halving. Upon this, since the 4th Bitcoin Halving, the Miners have earned 526 BTCs in fees alone. This makes an average of 17.5 BTCs per block. Miners are keeping a huge incentive to keep running at full capacity … read more

Bitcoin Mining Stocks Rebound on Halving Momentum

Bitcoin mining stocks have regained momentum a few hours to the halving following weeks in the red zone. Technology stocks witnessed slow growth in the market due to tension in the Middle East as stocks and crypto assets continued their correlation. The Bitcoin halving will take place today and slash miner rewards by 50% from The post Bitcoin Mining Stocks Rebound on Halving Momentum appeared first on CoinGape . read more

Grayscale Bitcoin ETF Faces $1.6B Outflows as Bitcoin Halving Nears

As the Bitcoin halving event approaches, Grayscale’s spot Bitcoin ETF (GBTC) has reported substantial capital withdrawals. In the past five days alone, investors have withdrawn $89.9 million, a net outflow of $1.6 billion since January. This is indicative of growing investor sentiment in the broader market. However, despite having the first-mover advantage in the Bitcoin The post Grayscale Bitcoin ETF Faces $1.6B Outflows as Bitcoin Halving Nears appeared first on CoinGape . read more

Bitcoin Price Rally Ahead: As Analysts Predict 15-20% Surge After Upside Breakout

The post Bitcoin Price Rally Ahead: As Analysts Predict 15-20% Surge After Upside Breakout appeared first on Coinpedia Fintech News While the Bitcoin halving event may not produce an immediate impact on BTC price, analysts anticipate a significant surge over the next 12 months leading up to 2025. Despite this anticipation, Bitcoin’s price has remained relatively stable, holding steady around the $64,000 mark following the halving. Notably, esteemed crypto analyst Captain Faibik predicts a bullish … read more