6 key events that will shape the cryptocurrency market in April
In April, the cryptocurrency market will focus on six important events. At the beginning of them is the halving in Bitcoin.
Burak Köse
$1 Billion token unlocks in April: Here are the dates
April will be busy in terms of token unlocks. In 14 different tokens, a total of $1 billion 150 million in tokens will be unlocked and released to the market.
MicroStrategy stock falls after short seller report
Hedge fund Kerrisdale Capital, famous for its short transactions, published a report suggesting that MicroStrategy stocks were overpriced. This report caused the stock to fall 14% yesterday.
Ripple addresses SEC’s sudden request for $2 billion
The response to the US Securities and Exchange Commission’s (SEC) request for a $ 2 billion fine from Ripple was not delayed.
The secret of the mysterious BTC wallet revealed
It has been revealed to who the wallet belongs to, which has aroused curiosity by regularly receiving hundreds of Bitcoins every day since 2022.
Options show Bitcoin traders are preparing for a deeper slump
The trading volume of put options that will expire on 29 March on the crypto options exchange Deribit was 3-fold the trading volume of call options.
JPMorgan says Bitcoin remains in ‘overbought territory’
JPMorgan analysts suggested that Bitcoin is still in the overbought territory. According to analysts, this is still the case despite the recent declines.
Will the decline in Bitcoin continue? “Healthy correction,” says analyst
According to analyst Peter Brandt, regarding the recent declines seen in Bitcoin, “This correction is healthy. BTC is in a major bull trend,” he said.
Binance announces delisting of three altcoins
Binance announced that it will delist three cryptocurrencies DREP, MOB and PNT, which it previously added to the Watchlist. These assets will not be traded from 3 April 2024.
MicroStrategy buys another 9,245 Bitcoin: Now, the company owns about 1% of all Bitcoin
MicroStrategy, which completed its $603 million bond sale, announced that it purchased 9,245 Bitcoin. The company’s total Bitcoin assets surpassed 214,000 BTC. MicroStrategy thus began to hold more than 1% of the total supply of 21 million.