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By Rain İçerik Ekibi - Apr 07, 7:00 PM

Entering a critical week with Bitcoin mid-halving approaching

The halving, also known as the Bitcoin halving, is crucial in terms of price change and has a critical importance for BTC. Investments of corporate firms may affect the breaking of the downward cycle. A positive effect is expected with the recent BTC growth.

Bitcoin's fall to $ 45,000 seems short-lived

The crypto-asset rally, which started on April 1st, met tough resistance on April 4th, and Bitcoin fell below $45,000. Considering its previous accumulation, the decline in Bitcoin is expected to be short-term. In general, the crypto-asset market cap is currently $2.124 trillion, and Bitcoin's dominance rate is 40.9%, so this decline should not be long-term.

Is Ethereum the best Blockchain to create a DAO?

While the dominance of the Ethereum Blockchain as a choice for DAOs remains strong, there may be other chains that are more appropriate. The crypto industry has identified Ethereum as the most suitable network for Blockchain-based DApps (Decentralized Applications), but other chains such as Solana ecosystem may be more suitable for DAOs (Decentralized Organizations). Ethereum and its compatible chains seem to have more advantages over the others in terms of the number of DAOs.

Rain is a Crypto-Asset Services Provider headquartered in İstanbul. Rain provides services to its users at financial institution standards.





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