Archives

In the early hours of Saturday (GMT), the crypto world witnessed the highly anticipated fourth Bitcoin halving event. This significant occurrence has reduced the new supply of Bitcoin by half, now producing only 3.125 new coins every 10 minutes, down from the previous rate of 6.25. This reduction equates to nearly $30 million worth of […]

• April 20, 2024 01:09 AM PDT
• Invezz

Cryptocurrency prices bounced back after Bitcoin’s software went through its fourth halving on Friday and as geopolitical risks faded. Bitcoin jumped to over $64,000 while Arweave (AR), Ethena (ENA), and THORChain (RUNE) prices soared by double-digits.  Cryptocurrencies outperformed technology stocks, which continued their deep sell-off. The closely-watched Nasdaq 100 index crashed by over 300 points […]

• April 19, 2024 11:19 PM PDT
• Invezz

Bitcoin may see “short-term corrections or dips” after the halving event, says Shivam Thakral. He’s the chief executive of India’s 2nd longest-running exchange for digital assets – BuyUcoin. What Bitcoin halving 2024 may mean longer term Reward associated with mining Bitcoin is slated to halve over the next few hours. Ahead of it, price of […]

• April 19, 2024 03:15 PM PDT
• Invezz

Wormhole (W) and SUI investors are currently counting their losses after enjoying massive gains. However, they can console themselves with the huge potential of Milei Moneda. $MEDA’s presale promises 100% ROI, making it one of the top crypto to buy in 2024. Wormhole (W) token plunges over 50% after successful airdrop Barely a week after […]

• April 19, 2024 02:38 PM PDT
• Invezz

Michael Saylor, the Executive Chairman of MicroStrategy (MSTR) has sold 370,000 shares of the business intelligence firm, according to recent filings.  The sale amounts to over $370 million and the executive’s Class A holdings are now down to 30,000 shares, as on Thursday.  Saylor offloads MSTR, market participants speculate it is for Bitcoin purchases In […]

• April 19, 2024 01:55 PM PDT
• Invezz

Bitcoin’s price is on the move, thanks to new ETFs. And thanks to the ‘halving’ just around the corner, speculation about its future price is on the move, too. The halving makes for a good show. It also reveals bitcoin’s value proposition, and what sets it apart from both traditional money and other cryptocurrencies: it […]

• April 19, 2024 12:42 PM PDT
• Invezz

Proptech stocks are having a bad year. Redfin (RDFN) stock price has crashed by over 62% this year while Offerpad (OPAD), Compass (COMP, and Zillow (Z) have plunged by over 26% and 27% this year.  There are three primary reasons for this crash. First, and most importantly, there are concerns about a recent court ruling […]

• April 19, 2024 10:32 AM PDT
• Invezz

Tether (USDT) is now live on The Open Network (TON) blockchain, the network powered by the cryptocurrency Toncoin (TON). Telegram’s founder & CEO Pavel Durov, Tether CEO Paolo Ardoino and The Open Platform CEO Andrew Rogozov announced the news at Token2049 Dubai on Friday, April 19. USDT goes live on TON: What does this mean? […]

• April 19, 2024 10:27 AM PDT
• Invezz

Super Micro Computer Inc (NASDAQ: SMCI) is down close to 20% on Friday after revealing the date on which it plans on reporting its financial results for the third quarter. What’s happening with Supermicro stock today? The artificial intelligence servers company will publish its quarterly earnings report on April 30th. Supermicro stock is down sharply […]

• April 19, 2024 09:58 AM PDT
• Invezz

Virgin Galactic (NYSE: SPCE) stock price continued its strong sell-off this week after the company announced a plan to do a reverse stock. It crashed by more than 10%, moving to an all-time low of $0.85, a sharp decline since it was trading at $62.7 at its peak in 2021. Virgin Galactic’s reverse split The […]

• April 19, 2024 09:53 AM PDT
• Invezz