Most institutions remain confident about the market after the halving and believe that the halving will initiate a new bull market, with the potential to surpass $100,000.
WikiBit summarizes the noteworthy industry project developments of the week, Blast will distribute the second phase of "Blast Gold" points; IO.NET's first phase reward program is nearing its end.
Institutions launching bitcoin ETFs this year have buoyed the bitcoin price to record levels. Does that mean the impact of the halving — the four-year slashing of the bitcoin reward — could be relatively muted?
After a one-week trial, a jury convicted crypto trader Avraham Eisenberg
The firm’s CEO, Eowyn Chen, shared a screenshot of the supposed “high-risk” exploit being sold on the dark web for a whopping $2 million.
- Crypto trading volume worth $456 billion on centralized crypto exchanges was traded in South Korean won in the first quarter of this year, according to Kaiko data. - The country is currently gearing up for regulations to protect investors amid soaring demand for crypto.
The primary focus on investments in Web3 games and infrastructure indicates that the industry is currently in a foundational period aimed at enriching the Web3 gaming ecosystem.
The first native LBP project on Solana, 1intro, launched its LBP but failed to gain market acceptance. Unveiling the private exchanges of interests between 1intro and the KOLs.
Bitcoin miner selling could last for four to six months after the halving, amounting to as much as $5 billion worth, according to an analyst.
According to Uwakwe, the head of Nigeria’s crypto intercommunity working group, investors worry about potential repercussions similar to Binance’s fate when investing in local Web3 companies.
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