The Bitcoin bottom may be in ahead of the halving, based on the profitability levels of large BTC holders and technical chart patterns.

These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.

The latest price moves in bitcoin (BTC) and crypto markets in context for April 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.

As the market approaches Bitcoin's fourth halving on April 19, let's explore five intriguing facts about this phenomenon that may surprise even the most seasoned crypto-enthusiasts.

Tether and Telegram’s Web3 ecosystem are coming closer together with USDT and XAUT launch on the TON blockchain.

Bitcoin liquidates shorts as seesaw BTC price moves accompany changing geopolitical signals.

GBTC again led the outflows, while inflows into BlackRock's IBIT continued to slow, provision data from Farside show.

Governments and major financial institutions are actively building open-source blockchain solutions on the Linux Foundation’s Hyperledger tools.

Utilizing blockchain-based mapping enables decentralized storage of huge data, resolving latency concerns during data access and sharing.

Bitcoin liquidates shorts as seesaw BTC price moves accompany changing geopolitical signals.

Bitcoin's rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.