Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says

Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says

[ad_1] The central point of the bank’s estimated production cost range is currently around $26,500, which would mechanically double to $53,000 post-halving. The bitcoin network could also see a 20% decline in its hashrate after halving, which would reduce the BTC estimated production cost and the price to $42,000, the report said. [ad_2] Source link

Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports

Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports

[ad_1] According to Cardoso, Nigeria’s anti-corruption agency, police and national security adviser had started investigating crypto exchanges, the FT reported. The agencies want to see a list of past and present Binance Nigeria users, a person familiar with the matter told the newspaper. [ad_2] Source link

Shiba Inu (SHIB) Price Skyrockets By 28%: 4 Key Reasons

Shiba Inu (SHIB) Price Skyrockets By 28%: 4 Key Reasons

[ad_1] The price of Shiba Inu (SHIB) has surged by 28% in the last 24 hours and 45% in the last seven days. Today’s surge can be attributed to a confluence of factors, including a rekindling meme coin frenzy, actions by crypto whales, a favorable chart setup, and significant partnerships and ecosystem expansions. Here’s an … Read more

Ethereum Bulls Get Aggressive As Traders Set Sights on $4,000 Amid Market Frenzy

Ethereum Bulls Get Aggressive As Traders Set Sights on $4,000 Amid Market Frenzy

[ad_1] Ethereum has been exhibiting a robust and sustained upward trend, showing its mettle in the volatile cryptocurrency market. At the time of writing, the price of ETH was hovering around $3,743, surpassing its moving averages with considerable bullish momentum. The cryptocurrency community is now eagerly anticipating the breach of the significant $3,500 price threshold, … Read more