Ether (ETH) the primary token of the Ethereum blockchain faced a drop declining by 14.8% from $3,230, between April 13 and April 14. Has been trading below $3,300. Market trends suggest that whenever ETH approached the $3,000 threshold there was an uptick in buying activities providing some level of support. Despite these efforts Ethers price has struggled to surpass the $3,500 mark as traders look for an optimistic market outlook. Comparatively speaking Ethers price performance has been weaker than that of Bitcoin (BTC) which currently stands at $66,600. Analysts attribute this to Ethereum la ..read more

Bitcoin has seen a comeback in days achieving its highest daily close, in over 10 days and crossing the $65,000 mark on April 21. The digital currency experienced a rise starting at $64,346 and reaching an intraday peak of $66,527 the day. As of April 22 Bitcoins price was recorded at $65,910 showing a 1.7% increase within the 24 hours based on data. This upward trend reflects a 5% gain since the halving event that reduced miner rewards from 6.25 BTC per block to 3.125 BTC. This change has sparked speculation about where Bitcoins price may head Insights from Coinglass reveal that the funding r ..read more

Proof of Japan, INC. (POJ) produced a collaboration project with Holders of “Azuki” NFT, a globally popular NFT series, and Hyougu master (Japanese art mounting craftsman) Masahiro Inoue. Hyougu was introduced from China as a technique for preserving Buddhist scriptures, and later developed into a uniquely Japanese form with decorative features. It is a traditional craft that has been mainly used for hanging scrolls, folding screens, and sliding doors in the alcoves of Japanese-style rooms. Masahiro Inoue (Inoue), the third generation Hyougu master of Inoue Kogado, while works on traditional i ..read more

Dubai, April 17, 2024 – The 12th edition of the Blockchain Life Forum, known as the leading gathering for global cryptocurrency leaders, concluded with an impressive turnout of 10,162 attendees despite the unprecedented storm that happened in Dubai. Representatives of the crypto industry have always stood apart, largely due to their unique character and the nature of their activities. After all, they are pioneers. And the most massive flood in Dubai in the last century did not prevent 10,162 people from meeting at the long-awaited Blockchain Life 2024, even despite the postponement of the seco ..read more

On April 19 there was a twist, in the Bitcoin market as its price took a dip of 6% to hit $59,640 in the early hours. However it quickly bounced back. Settled above $64,500 by the end of the day. This recovery came before the anticipated Bitcoin halving event set for April 20 which typically attracts significant attention from various groups, including traditional media outlets and providers of spot Bitcoin exchange traded funds (ETFs). The surge in Bitcoins price seems to be driven by optimism surrounding the halving event. This event is known to spark interest in the market due to the expect ..read more

Alliance Bernstein, an asset management company recently discussed the direction of Bitcoin after its upcoming halving event. In a client note released on Wednesday analysts Gautam Chhugani and Mahika Sapra anticipate a trend, for Bitcoin post halving attributing it to changes in mining hash rates and increased inflows to exchange traded funds (ETFs). While there was a dip in ETF inflows over the ten days the analysts remain optimistic about Bitcoins long term potential. They emphasized the importance of demand for Bitcoin, which they believe will be supported by the integration of spot bitcoi ..read more

Ether (ETH) the digital currency specific, to the Ethereum blockchain faced a price decrease dropping by 21% between April 9 and April 14 hitting a low for the 50 days. This descent led Ether to dip to $3,086 sparking concerns about the strength of the $3,000 support level particularly following Ethers inability to surpass the $3,200 resistance on April 14. In light of these market shifts the cryptocurrency community is keenly observing the U.S. Securities and Exchange Commission (SEC) as it considers approving an exchange traded fund (ETF). There is a mix of expectations with some viewpoints ..read more

Despite the ups and downs, in Bitcoin prices with a 13.3% drop on April 12 and 13 bringing prices down to $61,500 cryptocurrency options traders seem unfazed. Despite the decline and subsequent recovery market signals indicate a confidence in Bitcoins stability and future prospects. Bitcoins price movement week saw a dip from $62,838 to $61,500 leading many traders, especially those with leveraged positions to exit the market. This resulted in forced liquidations totaling $387 million and a reduction of $5.4 billion in interest, in the derivatives market. Despite the times Bitcoin options and ..read more

In a display of resilience the Bitcoin market has managed to withstand a price drop without causing widespread panic, among investors. Around April 12 and 13 the price of Bitcoin took a 13.3% dive reaching $61,500 leading traders – especially those with leveraged positions – to close their stakes. This sudden downturn resulted in forced liquidations of positions totaling $387 million and a reduction of $5.4 billion in interest. While such market movements typically signal decreased risk appetite, the subsequent reactions seen in the derivatives market suggest a narrative. Despite this turbulen ..read more

JPMorgans recent report has raised concerns, about risks in the cryptocurrency markets citing a decrease in venture capital investments this year. The investment banks report, released on Thursday paints a picture of the digital assets sector. The analysis highlights a decline in venture capital inflows into cryptocurrencies compared to years. Nikolaos Panigirtzoglou, a managing director and global market strategist at JPMorgan emphasized the importance of increased crypto VC flows for market recovery expressing concerns over the flows far this year. While venture capital funding has been lack ..read more