Blog of Erin Dougan
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Stormy Crypto May
The cryptocurrency market suffered a setback earlier this month, with Bitcoin falling more than 20% from a $73,750 high in March to $56,700 on May 1. This sparked a sharp selloff in altcoins, with dips of up to 40% recorded in the 24-hour timeframe. Ethereum, the largest altcoin, fell by more than 15% from its yearly highs and slipped below the critical $3,000 level.
While some analysts assured that shakeouts like this are normal during a bull run, others raised concerns about increased volatility and downside risks. The market has since made a recovery, with Bitcoin trading above $63,600 at the time of press (May 6) and Ethereum hovering above $3100. -
Epic Satoshi or a Block for $1 Million
On April 19, 2024, the highly anticipated fourth Bitcoin halving event transpired, marking a significant milestone in the evolution of the world’s premier cryptocurrency.
However, this halving carried an extra layer of significance, as it coincided with mining an “epic satoshi,” a rare and highly coveted digital asset that has ignited a frenzy among miners, investors, and enthusiasts alike. -
What is The Right Way to Be a Crypto Holder?
Cryptocurrency has emerged as a revolutionary asset class and has attracted the attention of investors worldwide. As the total market cap of cryptocurrencies exceeds $2.6 trillion, understanding the right path for a crypto holder has never been more important. Cryptocurrency offers great profit potential. However, it also has unique risks that must be carefully considered.
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The Most Important Crypto Events of April
After a record-breaking March, the crypto industry is gearing up for an action-packed April. From highly anticipated events to high-profile legal battles, this month promises to be pivotal for the digital assets ecosystem. Here are six of the most anticipated events in the crypto world for April.
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Top 5 Crypto Exchanges of 2024
The cryptocurrency market is at the peak of its development in 2024. Choosing a reliable trading and investing platform is becoming increasingly important. In 2023, we analyzed the top cryptocurrency exchanges, providing valuable insights for traders and investors alike. Building upon that tradition, we present the Top 5 Crypto Exchanges of 2024. This review lets you make informed decisions and execute successful trades in cryptocurrency assets.
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