Too many tokens? Analysts argue oversupply could end altcoin season

Bitcoin (BTC) remains on track to near $50,000 around next year’s block subsidy halving event, longtime analyst Filbfilb says.In his latest interview with Cointelegraph, the co-founder of trading suite DecenTrader shares his current thoughts on BTC price action.Filbfilb: Bitcoin has given "strong indicator" of bear market breakoutBitcoin has well and truly cemented its exit from

Youtube and Mailchimp appear to be continuing their policy of indiscriminate bans in the crypto sphere. The Blockchain Education Network, or BEN, a registered 501(c)(3) non-profit organization, saw its Mailchimp account temporarily restricted due to alleged violations of its terms of use.According to a tweet published on April 9, Mailchimp’s automated scanning tool concluded that…

Hackers compromised five United States law firms and demanded two 100 Bitcoin (BTC) (over $933,000 at press time) ransoms from each firm: one to restore access to the data, one to delete their copy instead of selling it.According to data shared with Cointelegraph by cybersecurity firm Emsisoft, the hacker group — called Maze — already…

Employees in HR, legal, product management, design, manufacturing and operations departments will benefit from Q, said AWS CEO Adam Selipsky. 367 Total views 9 Total shares Amazon has launched its own artificial intelligence-powered assistant built for business, “Amazon Q.” The AI chatbot can be used to have conversations, solve problems, generate content, gain insights and

The investment fund, which was founded by an early Bitcoin investor, said the current market cycle is the first time in a decade where prices and fundamentals have diverged so wildly. 232 Total views 20 Total shares Crypto-focused investment firm M31 Capital has launched a new investment fund dedicated to Web3 companies, further underscoring the…

Update April 4, 10:40 am UTC: This article has been updated to insert comments from Bitlayer co-founder Kevin He. More than $21 million worth of Bitcoin was unstaked from the Babylon protocol in the 24 hours after the platform’s token airdrop, according to blockchain data shared by a developer. On April 4, Bitfeed developer Mononaut

Reduced mempool activity not only results in reduced fees but gives users a chance to perform transactions that may not otherwise be practical. 1348 Total views 18 Total shares The Bitcoin network mempool shrank to its smallest size since mid-October this week after the network’s hash power soared. The clear mempool meant that that thousands…

The price of Bitcoin (BTC) dropped below $9,000 for a total of eight times in the past two months. Yet, it has recovered with strength after every pullback.According to a pseudonymous crypto analyst, Bitcoin could sustain its uptrend if it reclaims the 200-day displaced moving average (DMA). The analyst, known as CryptoKea, said:“BTC broke the…

The integration provides LUNA users a way to accurately track and record their transactions to meet their tax obligations, according to Koinly's Tony Dhanjal. 272 Total views 26 Total shares Crypto tax calculation platform Koinly added Terra (LUNA) wallet support to make tax calculation easier for LUNA holders as the Canadian tax report deadline draws…