Bitcoin Braces for Price Surge After Miner Shakeout

Bitcoin is currently experiencing a phase where struggling miners are selling off their holdings, according to on-chain analyst Willy Woo. Miner Capitulation The Bitcoin halving event in April has triggered a “culling” of weak miners. This event, which occurs every four years, reduces the rewards miners receive for verifying transactions, limiting the new supply of…

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Bitcoin to Drop Before New Highs, Analyst Predicts

A popular crypto analyst believes Bitcoin (BTC) will dip one last time before soaring to record highs. Bull Pennant Pattern Bluntz, a pseudonymous analyst, says BTC is forming a “bull pennant” pattern on its three-day chart. This suggests a final leg down to around $60,000, setting the stage for a rally above $80,000. $87,500 Target…

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BitRam Artwork Auction: June 11-13

VESA’s Masterpiece Prepare for an exclusive auction featuring the legendary artist VESA and Scarce City. From June 11-13, bid on VESA’s original artwork, Bitram. Watch the Creation Process Dive into the behind-the-scenes video of VESA’s artistic journey with Bitram. How to Bid Enter your bid amount in Bitcoin. Provide an email address for communication. Choose…

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Ripple and Axelar Team Up for EVM Sidechain on XRPL

EVM Compatibility on XRPL RippleX has launched an XRPL EVM sidechain, bringing Ethereum Virtual Machine compatibility to the XRP Ledger. This allows developers to use Ethereum tools and DApps on XRPL, expanding its ecosystem and utility. Axelar Bridge The sidechain uses Axelar as a bridge, allowing seamless asset transfers between XRPL and the EVM sidechain….

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Bitcoin Dips as Investors Prepare for FOMC Meeting

Risk Aversion Prevails Bitcoin’s price dropped sharply on Tuesday, falling below $68,000. This decline reflects the cautious mood in the broader financial market, as investors await the release of key economic data and the upcoming Federal Open Market Committee (FOMC) meeting. FOMC Meeting and Inflation Concerns The FOMC meeting will decide on interest rates, which…

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