The Bitlayer-backed Mainnet V1 is imminent, and Bitlayer’s minting event will be formally inaugurated on May 4, 2024. Bitlayer has recently announced the official introduction of its non-fungible token to coincide with the Mainnet V1 launch. An incentive known as the Lucky Helmet is available to Bitlayer community members. Members of the Bitcoin and Bitlayer …
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CasinoBello.com – Revolutionizing Online Gaming With Crypto Innovations
PRESS RELEASE. Casinobello.com, a Curacao-licensed online casino, is thrilled to gain the biggest popularity in its history and become one of the leading destinations for crypto-savvy iGaming users. With a strong presence in Germany, Austria, Switzerland, Italy, New Zealand, Canada, and Australia, Casinobello is pioneering the integration of cryptocurrency into the online gaming world to
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Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000
Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To As Low As $47,000 In an update to his Bitcoin analysis, DonAlt noted that Bitcoin had dropped back to around the $60,000 price range and could eventually break that support if it continues to be tested. From the accompanying chart he shared, the crypto analyst hinted that a price breakout below the $60,000 range would see Bitcoin drop to $52,000 or even further down to $47,000. Related Reading: XRP Price Prediction: Analyst Says Prepare For 700% Jump To $4, Here’s When Source: X Meanwhile, he added that this might be something even the bulls want, so there could be a washout below $60,000, which would shake off weak hands. DonAlt also seems to support a price breakout below the support area, as he shared his belief that there is currently complacency in the market. This is when crypto investors ignore the risks associated with Bitcoin, having seen price increases for an extended period. DonAlt said he would continue to hold this complacency belief until proven otherwise. For that to happen, he remarked that Bitcoin would need to reclaim $68,000 or drop below $60,000 and reclaim that support level again. Denis Baca, Head of Product at Zivoe Finance, also recently suggested that BTC could drop below $60,000 before it makes any parabolic move. This was a huge possibility, especially since Baca noted that the flagship crypto historically retests the support level of the 20-week SMA (small moving average) in May. He claimed this could cause Bitcoin to drop to $56,000. BTC Bulls Are Getting Overwhelmed By The Bears Bitcoin bulls look to be succumbing to the pressure from the bears. Crypto analyst Ali Martinez revealed in an X post that there has been a “noticeable dip in Bitcoin whale activity” since March 14. This suggests the current market downtrend could be diminishing their confidence, as these whales are always known to accumulate more during every price dip. Martinez added that a “surge in whale transactions could be the spark needed to boost” BTC’S price. Related Reading: Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges Meanwhile, CryptoQuant’s Head of Research, Julio Moreno, recently noted that Bitcoin’s price has remained tepid due to the slowdown in demand. He alluded to the Spot Bitcoin ETFs, which have seen their demand decline this month. Like Martinez mentioned, Moreno stated that there needs to be a “demand growth” for Bitcoin to experience another rally. At the time of writing, Bitcoin is trading at around $62,300, down over 2% in the last 24 hours, according to data from CoinMarketCap. BTC price trending at $62,200 | Source: BTCUSD on Tradingview.com Featured image from Xataka, chart from Tradingview.com
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Shiba Inu Team Sends Critical Warning to SHIB Holders
The Shiba Inu (SHIB) community is facing a wave of misinformation and potential scams surrounding the highly anticipated TREAT token. In a bid to sensitize the Shiba Inu ecosystem, Shibarmy Scam Alerts, a dedicated resource for protecting the community, has issued an urgent warning in a post on X. The alert stresses that TREAT has The post Shiba Inu Team Sends Critical Warning to SHIB Holders appeared first on Times Tabloid - Latest Cryptocurrency News, Bitcoin (BTC) News, Ethereum (ETH) News, Shiba Inu (SHIB) News, Ripple's XRP News .
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New Chinese AI Robot: Astribot S1 Can Perform Household Chores
Shenzhen-based tech startup Stardust Intelligence has made waves in the robotics industry with the release of its latest innovation: Astribot S1. This AI robot has blended advanced artificial intelligence with human-like proficiency to enable it to carry out tasks that were thought to be only humans’ prerogative, such as folding clothes, and preparing and cutting
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