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After Initial Surge, MOODENG Falls 45.6%; Hamster Kombat Drops 51% From Peak

After Initial Surge, MOODENG Falls 45.6%; Hamster Kombat Drops 51% From PeakAccording to the latest market updates, two fresh-faced crypto assets, moo deng (MOODENG) and hamster kombat (HMSTR), have faced some dips over the past 24 hours. While HMSTR had a rocky launch, MOODENG initially skyrocketed, but the meme token has since tumbled 45.6% below its highest value. Crypto Rollercoaster: Newly Launched Crypto Assets See Massive […]

Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion

Hamster Kombat’s Wild Start: HMSTR’s 30% Drop Rocks Market Debut

Hamster Kombat’s Wild Start: HMSTR’s 30% Drop Rocks Market DebutAccording to recent market data, the freshly minted hamster kombat (HMSTR) token has made its debut on several top-tier exchanges, only to tumble 30% in value within the last 24 hours. Hamster Kombat Token Drops 30% Amid First Day of Major Trading The token, tied to the blockchain game Hamster Kombat on the TON network […]

Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion

The Weight of Bitcoin’s Latest Freefall Pushes Crypto Market Below $2 Trillion 

The Weight of Bitcoin’s Latest Freefall Pushes Crypto Market Below  Trillion According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar in the last 24 hours and is down 5.8% over the past week. The top cryptocurrency hit an intraday low of $55,602 per coin, and by Wednesday morning just before 11 a.m. EDT, it was just skimming above $57,400 […]

Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion

Telegram CEO Pavel Durov Arrested in France: TON Price Plummets

Telegram CEO Pavel Durov Arrested in France: TON Price PlummetsPavel Durov, founder and CEO of Telegram, has reportedly been arrested at Le Bourget airport in France under a search warrant issued by the French judicial police. The arrest follows accusations that Telegram facilitates crimes like drug trafficking and fraud due to its anonymity features. Durov faces serious charges, including terrorism and narcotics trafficking. Telegram […]

Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion

The reasons Bitcoin price is down 11% since the halving

Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving.

The Bitcoin (BTC) price has sharply declined over the past few days, which might have triggered some concerns from those who thought Bitcoin would surge after its fourth halving.

The price of Bitcoin has dropped 11% since the fourth Bitcoin halving, which occurred on April 20, at 12:09 am UTC.

On the halving date, Bitcoin traded around $64,000. In the immediate aftermath of halving, Bitcoin saw a short rally, topping above $67,000 on April 22. But since then, Bitcoin has been gradually selling off, tumbling below $57,000 on May 1, according to CoinGecko data.

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Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty ReductionDuring the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to […]

Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion