Coins▪︎Trading▪︎Crypto News

2024-04-19 19:08:28 Bitcoin’s halving event is now less than 100 blocks away

Bitcoin’s next halving event is now less than 100 blocks away, according to The Block’s Bitcoin Halving Countdown page. The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential time of just after midnight UTC on April 20 (8 p.m. ET today) to reach the halving block height of 840,000, as things stand.

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2024-04-19 10:46:46 Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC

Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts of BTC and BNB.

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2024-04-18 19:09:58 Bitcoin to Hit $122,000 in 2024, Predicts Finder’s Latest Survey of Experts

Finder’s latest survey on bitcoin’s (BTC) price involved a unique panel of 31 crypto and fintech experts. The results suggest that BTC could reach a peak of $122,000 in 2024, and then settle at $109,000 by year’s end. Nick Ranga, the senior crypto and forex analyst at Forextraders, attributes the current uptick in BTC’s value to growing institutional engagement. Ranga is among those experts who foresee BTC reaching its zenith once more in 2024, ultimately closing the year around the $100,000 mark per unit.

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2024-04-18 09:41:19 Crypto ETFs other than Bitcoin and Ethereum funds will '100%' be approved: Grayscale

Grayscale's ETF chief is bullish that regulators will eventually have to approve exchange-traded funds based on cryptocurrencies other than bitcoin and ether. David LaValle, Grayscale's global head of ETFs, was asked during a roundtable discussion on Wednesday if he thought exchange-traded funds based on other cryptocurrencies might gain approval in the next two to three years.

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2024-04-17 19:09:58 Telegram CEO Pavel Durov says he's held a few hundred million dollars in his 'bank account or in bitcoin' for 10 years

During an interview with Tucker Carlson aired late Tuesday, Telegram co-founder and CEO Pavel Durov said he has held a few hundred million dollars in fiat or bitcoin for the last 10 years. Responding to a question about the encrypted messaging platform not accepting venture capital money, Durov said the firm wanted to remain independent, and it was never about the money. “I have had a few hundred million dollars in my bank account or in bitcoin since 10 years ago, and I don't do anything with it. I don't own any real estate, jets or yachts.

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2024-04-17 10:06:17 Former New York Fed officer joins Binance.US board

Crypto exchange Binance.US announced Tuesday it has appointed a former New York Federal Reserve officer, Martin Grant, to its Board of Directors for BAM Management US Holdings to help oversee the firm’s financial reporting processes and internal controls. Grant is a former chief compliance and ethics officer at the New York Fed with over three decades of regulatory, legal and compliance experience in government and the digital assets industry.

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2024-04-16 21:03:11 Ethereum falls to lowest level against Bitcoin in 3 years amid panic selling

Ethereum fell against Bitcoin to its lowest point in three years amid the carnage that followed Bitcoin’s fall from $70,000 over the weekend. The ETH-BTC chart reached as low as 0.0462 BTC on Saturday, April 13, down 24% from the year-to-date high of 0.085 BTC. Ethereum’s all-time high against Bitcoin came in 2017 when it touched 0.16 BTC before closing the year around similar levels to now at 0.048 BTC. It has since recorded lows around 0.018 BTC in late 2019 before rising significantly throughout the 2020 – 2021 bull market.

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2024-04-16 10:51:31 Ethereum validator queue hits highest level since September 2023

Staking on Ethereum has become all the rage recently with the recent popularization of restaking, which we talked about a bit last week. In a fun update, EigenLayer did launch on the Ethereum mainnet last week along with its EigenDA data availability layer. Coinbase Cloud and Google Cloud are among the protocol’s first operators, and it announced six actively validated services that will be secured through EigenLayer’s restaking on Friday.

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2024-04-15 21:07:35 Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report

Norway's government is introducing a law for data centers partly in an effort to block energy-intensive crypto mining in the country, according to a report by local news outlet VG that cited two lawmakers. Digitalization Minister Karianne Tung and Minister for Energy Terje Aasland say the law will regulate the data-center industry for the first time, requiring operators of the centers to be registered with local regulators, the report said.

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2024-04-15 09:11:01 Bitget’s Futures Trading Hits $1.4 Trillion in Q1 2024: Report

February’s strong market recovery, particularly with Bitcoin reaching an all-time high aided Bitget’s exchange volume in Q1. Bitget experienced significant growth across its trading volumes and user base in the first quarter of 2024, riding the wave of widespread market resurgence. The Seychelles-headquartered exchange revealed that its futures trading volume soared to around $1.4 trillion, marking a 146% increase, while spot trading volume surged by 113% to exceed $160 billion.

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