Here are the latest updates in the cryptocurrency market:
- Bitcoin Halving:
The fourth Bitcoin halving took place on April 20, 2024, reducing Bitcoin miner rewards from 6.25 BTC per mined block to 3.125 BTC.
- Price Analysis:
Bitcoin's price whipsaws align with global conflict and macroeconomic concerns, but data shows investors’ halving expectations positively impacting BTC price.
- Institutional Adoption:
Institutional adoption in blockchain and crypto is at its highest point, with strategists being bullish on mass adoption and Ethereum ETFs.
- SEC Lawsuits:
The SEC is cracking down on DeFi, and it will impact all crypto organizations.
- Binance:
Binance tax evasion trial moved to May 17 in Nigeria.
- XRP:
The sell-the-news sentiment after the latest Bitcoin Halving is particularly benefiting an undervalued XRP.
