Trusted Editorial material, evaluated by prominent industry professionals and experienced editors. Ad Disclosure Technical analyst Tony Severino has disclosed why he is no longer optimistic about BTC and other digital currencies following the recent Bitcoin value decline. The analyst previously suggested the potential for the leading cryptocurrency to plummet to as low as $22,000. Expert Explains His Shift from Optimism in Light of Bitcoin Price Decline In an X post, Severino referred to market cycles and the Elliott Wave Theory to clarify his change in perspective regarding BTC and other digital assets. In his related chart, he noted that the…
Autore: wsjcrypto
GameStop lost close to $3 billion in market value on March 27 as shareholders reconsidered the videogame retailer’s intentions to accumulate Bitcoin (BTC), based on data from Google Finance.On March 26, GameStop revealed plans to utilize the funds from a $1.3 billion convertible debt issuance to purchase Bitcoin — an increasingly favored approach for publicly traded firms aiming to enhance share performance.GameStop’s declaration followed a day after it suggested establishing a reserve of cryptocurrencies, comprising Bitcoin and stablecoins tied to the US dollar.Initially, investors welcomed the news, driving share prices up by 12% on March 26. However, shareholder sentiment turned…
Yesterday marked the inaugural official day for ÐΞVhub Berlin following the initial Ethereum internal developers’ conference ÐΞVcon-0. I would like to share a few photographs to provide you with a sense of the atmosphere here. Henning, Marek, Viktor, and Felix coding on the couch Aeron and Brian engaged in conversation Alex and Jutta discussing networking and security matters The remaining team members coding in the lab Source link
SUI is attempting once more to breach the essential $2.82 resistance, a point that has consistently tested bullish momentum. Following a consistent ascent, the price currently rests at a pivotal juncture—will purchasers possess sufficient power to overcome it, or will sellers intervene to protect this threshold yet again? Recent market behavior indicates that optimism is increasing, supported by rising trading volumes and robust support levels establishing behind. Nevertheless, previous efforts to surpass $2.82 have resulted in retracements, making this level a crucial examination for the market. A validated breakout could initiate a new surge towards higher objectives, whereas failure to…
by Edg Adrian A. Eva, Correspondent The Quezon City government inaugurated an eco-friendly-themed POP QC (Proudly Original Products of Quezon City) Fair in Cubao on Friday, highlighting micro and small enterprises that advocate for sustainability. This three-day affair, held from March 21 to 23 at Farmers Plaza in Quezon City, congregated ten local micro and small enterprises promoting environmentally conscious business methods. “The purpose of this initiative is to provide micro and small businesses with a venue for unrestricted market exposure to display their innovative and distinctive merchandise,” articulated Paulo P. Borres, acting Head of the Business Resource Division of…
Day 1 – Monday 24th Nov – ÐΞV: Objectives and Procedures The inaugural day of ÐΞVcon-0 commenced bright and early at 7am with the Ethereum UK communications team arriving at the location (Ethereum Dev UG’s facility in Kreuzberg, Berlin) to set up the 4K high-definition recording apparatus and organize the venue for the gathering. After a quick coffee and pastry/croissant, everyone was primed for the initial presentation – “Greetings! Our mission: ÐApps” which was conveyed by Gavin Wood. Gavin emphasized within this talk the necessity for decentralized applications in contemporary society with two exceptionally impactful opening quotes, “Progress has led…
Bitcoin (BTC) maintains a price objective of $138,000 for 2025 as the market rebounds from U.S. trade duties, new evaluations indicate.Data related to wagers on the forecasting platform Polymarket implies that BTC/USD might still rise about 60% from current values this year.“Cautious” Polymarket participants limit BTC price potential at 60%Forecasts for the Bitcoin bull market have suffered this quarter due to various challenges affecting cryptocurrency and the broader risk-asset landscape.Currently, an evaluation of all possible BTC price scenarios on Polymarket concludes that the bull market trend may be restricted to approximately 60% before 2026.The findings were shared on X by…
A coalition of cryptocurrency companies has urged Congress to pressure the Department of Justice to revise an “unprecedented and excessively broad” interpretation of laws that were utilized to indict the creators of the crypto mixer Tornado Cash.A letter dated March 26 signed by 34 cryptocurrency organizations and advocacy groups submitted to the Senate Banking Committee, House Financial Services Committee, and both judiciary committees stated that the DOJ’s interpretation of unlicensed money-transmitting businesses implies that “almost every blockchain developer could face criminal prosecution.”The correspondence — spearheaded by the DeFi Education Fund and supported by major firms such as Kraken and Coinbase…
It’s time for another update! Quite a few things have transpired since ÐΞVcon-0, our internal developer conference. The event itself was a fantastic opportunity to gather all the developers and truly connect with one another, share a significant amount of information (five consecutive days of presentations!) and discuss numerous ideas. The communications team will be publishing each presentation as quickly as Ian can refine them. Since the previous update, a lot has occurred, including the long-awaited launch of the Ethereum ÐΞV website, ethdev.com. Though it appears basic at the moment, there are substantial plans to transform it into a developer…
GameStop Corp. (NYSE: GME) declared today its plan to secure $1.3 billion through a private placement of convertible senior notes, intending to use the net earnings from this offering for general organizational needs, which includes acquiring Bitcoin. This action follows a day after the firm disclosed amendments to its investment strategy, permitting Bitcoin to function as a treasury reserve asset. The offering comprises an aggregate principal amount of $1.3 billion in 0.00% Convertible Senior Notes maturing in 2030. Furthermore, the company intends to provide initial purchasers with the opportunity to acquire up to an additional $200 million in notes within…