Bitcoin moves above $8,700 as optimism around the halving explodesBTC $8787 (+12.8%) • ETH $216 (+9.2%) • XRP $0.22 (+5.6%)
Partner: Earn up to 10% on your crypto through the CryptoSlate + Cred exclusive partnership. Start earning Bitcoin is ticking up once again as the chatter about the upcoming halving skyrockets across social media platforms and news outlets. Bitcoin is back above $8,000 fully erasing all the losses incurred during Black Thursday. The bullish momentum appears to be fuelled by the high expectations that market participants have about what the upcoming halving has to offer. While Google searches for the keyword “bitcoin halving” are hitting all-time highs, Santiment reported that the chatter around this topic across multiple social media platforms is also exploding. The behavior analytics start-up affirmed that interest levels are rising alongside price showing signs of optimism among investors. More news ⏬Wanchain-backed FinNexus expands to XRP Ledger for tokenizing real-world assetsDeFi platform FinNexus and crypto exchange Bitrue announced on April 27 their joint initiative to incorporate asset tokenization services on Ripple’s XRP ledger platform and the Wanchain blockchain. Cardano founder Charles Hoskinson: Founders must decouple from the cryptocurrencyIn the latest episode of the “Untold Stories” podcast, host Charlie Shrem discussed the topic of adoption in crypto with Charles Hoskinson, the founder of Cardano. Forget flash crashes and liquidated loans — Here’s why DeFi is set to explodeWith the deepening global crisis, no markets have been spared. The volatility of ‘black Thursday’ in March saw all markets nosedive from traditional stocks to Crypto. Chainlink continues onboarding new investors as bulls defend critical support levelChainlink has seen a notable recovery in the time following its latest selloff, with the cryptocurrency’s buyers defending it from dropping below the strong support that has been established around $3.50. After halving, Bitcoin could rally 3,500% to $288k: Understanding PlanB’s “perfect fit” analysisEarly last year, a Bitcoin analyst going by the moniker of “PlanB” released an article titled “Modeling Bitcoin’s Value with Scarcity” to Medium. What else?🌍 Cardano (ADA) is looking to challenge subscription industry, launches African initiative 🖥 Parity Developer confirms Ethereum 2.0 “Schlesi” multiclient testnet is live 🛣 Circulating supply data signals XRP may be undervalued; analysts remain skeptical Featured sponsors🎬 ChainFlix - ChainFlix is a revolutionary blockchain-based P2P video streaming platform that allows viewers, content creators, and enhancers to monetize their time, contents, and efforts. In the Chainflix platform, coins are to be mined during the video-viewing process, and all participants in the system (content creators and activators, storage providers, viewers, operation participants and advertisers) are organically connected in a way to ensure user-oriented operation and fair distribution of blockchain-based and PoA algorithm-mined coins among the participants. Learn more ☁️ Bitcoin Wallet - Bitcoin Wallet is a cloud-based mobile and desktop cryptocurrency storage and exchange app with a focus on security, speed and convenience. Bitcoin Wallet allows you to use any coins, tokens and blockchains without any restrictions and limits. Learn more 💳 Crypto.com - Founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. With over 1 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of ”cryptocurrency in every wallet” into reality, one customer at a time. Learn more 📈 AMFEIX - AMFEIX groups investors' funds into a pool that is managed by experienced traders on liquid exchanges. Our team of professional technical traders and analysts execute open market operations on a daily basis and make profits from the volatility. Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |