The recent surge in Bitcoin’s price has coincided with a significant increase in interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs). According to Matt Hougan, Chief Investment Officer of Bitwise Asset Management, approximately $20 billion has flowed into the market since the launch of 10 new spot Bitcoin ETFs in mid-January. This influx of
admin
In a groundbreaking achievement, Bitcoin has once again made headlines by surpassing the $71,000 mark, solidifying its position as the digital equivalent of gold. This milestone comes as Bitcoin’s market capitalization surpasses that of silver, further establishing its dominance in the digital currency space. The rapid rise in Bitcoin’s value has been a consistent trend
In a bold move, Coinbase has openly criticized the Securities and Exchange Commission (SEC) for turning down its rulemaking petition, deeming the decision as “arbitrary and capricious.” This critique was officially lodged in a petition filed on March 11 with the US Court of Appeals for the Third Circuit. Should Coinbase’s efforts to challenge the
Bitcoin experienced a rollercoaster ride over the past week, starting with a sharp increase over the weekend that led to a new all-time high of nearly $73,000. This surge was a result of several factors, including a positive start on Monday and renewed investor interest in the cryptocurrency market. However, this record-breaking high was short-lived
A new trend has been emerging in the Web3 space, where airdrops are being utilized as a means to launch tokens and attract users. This strategy has gained significant momentum with popular gaming platforms like Portal and BlockGames leading the way. Airdrops involve distributing free tokens to a large number of individuals, serving as a
The Biden administration recently unveiled its proposed budget for 2025, which includes provisions aimed at regulating digital assets. These new rules are anticipated to bring in nearly $10 billion in additional tax revenue by 2025. The main focus of these budget proposals is to address a loophole that has allowed wealthy crypto investors to benefit
Readyverse Studios, in partnership with Futurverse Studios and the co-founders Ernest Cline and Dan Farah, has recently revealed their groundbreaking project called “Open.” This highly anticipated third-person battle royale game is poised to revolutionize the gaming industry by incorporating cutting-edge Web3 technology and integrating popular intellectual properties (IPs). The game promises players a unique multi-biome,
Bitcoin, the famed cryptocurrency asset, has recently broken through a new price ceiling, surpassing its previous all-time high of $69,000, achieved nearly three years ago. This significant milestone has ignited a surge of optimism among crypto enthusiasts and experts alike, who are now predicting further upward momentum for the digital currency in the coming months.
The price of Ethereum has been on a rapid rally in recent weeks, surpassing multiple resistance levels. This surge has led to the price hitting a significant level that may act as a barrier for further growth. Looking at the daily chart, Ethereum has been consistently making higher highs and higher lows, indicating a positive
In the volatile world of cryptocurrency, new tokens and coins are popping up almost daily, each with their own unique selling points and potential for massive gains or losses. One such recent addition to the market is Turbo Trump (PRESI), a meme coin that has seen a staggering 20,000% increase in value in just 24
Cardano (ADA) has been making significant strides in the cryptocurrency market, with recent gains pushing it above key resistance levels. The increased interest in meme coins has played a role in driving momentum for Cardano (ADA), attracting the attention of investors looking for profitable opportunities. Analysts are optimistic about the future trajectory of Cardano (ADA),
The recent listing of Metis (METIS) on Binance has had a positive impact on the price of the cryptocurrency. This development comes at a time when the overall cryptocurrency market is experiencing a resurgence, with major cryptocurrencies like Bitcoin (BTC) reaching record highs. Binance’s continuous efforts to enhance its platform in response to market trends
The surge in Bitcoin transaction fees has taken the market by storm, doubling in just one week as the market rallies towards the coveted $70,000 mark. While the upward trajectory of Bitcoin’s price is a contributing factor, the sudden rise in Ordinals transactions has played a significant role in this unprecedented surge. Ordinals transactions, which
Since the approval of spot Bitcoin ETFs in mid-January, the cryptocurrency markets have experienced a significant surge of 60%. This surge has added a trillion dollars to the total capitalization of crypto assets. While Bitcoin reached a new all-time high during this period, Ethereum struggled to overcome the $4,000 level decisively. Fox Business correspondent Eleanor
The recent surge in Bitcoin’s price to over $71,000 has been fueled by a combination of factors that have instilled confidence in investors and triggered a wave of buying across the cryptocurrency market. One significant factor contributing to this rally is the announcement made by the London Stock Exchange (LSE) to accept applications for the
Russia, a member of the BRICS alliance, has made a groundbreaking announcement regarding the development of a new blockchain-based payment system. This system aims to transform trade settlements among BRICS member nations by providing an independent mechanism for conducting transactions. The alliance, comprised of Brazil, Russia, India, China, and South Africa, is collaborating to pioneer
Nissan Motor Co. has recently delved into the world of immersive experiences by unveiling their latest project, the ‘Heritage Cars & Safe Drive Studio’. This innovative initiative, launched on March 7th, marks Nissan’s 90th-anniversary celebration, emphasizing their enduring commitment to their rich heritage and the paramount significance of safety on the road. The inaugural exhibition
In a bold move, the Stanford Blyth Fund, a student-run investment organization at Stanford University, made a significant investment in Bitcoin (BTC) at the price of $45,000 in February. This decision came after a compelling presentation by Kole Lee, a computer science major and leader at the Stanford Blockchain Club. Following Lee’s pitch, the Blyth
Bitcoin’s price is currently breaking the previous all-time high to the upside, reaching towards the $70K level. The upcoming targets for BTC in the coming months are believed to be the psychological resistance levels of $70K and $80K. Despite this positive momentum, the Relative Strength Index is displaying an overbought signal, indicating a potential correction
In a bold move that has sent ripples through the cryptocurrency market, KALEO, along with two other top analysts, has made a daring proclamation regarding Dogecoin. They assert that the journey of Dogecoin to $1 is not just a speculative venture but a tangible possibility within the current market cycle. This assertion has injected a
The recent surge in Bitcoin’s price has caught the attention of investors around the world. With the price surpassing $70,000, it is clear that the bull run is far from over. One of the key indicators of this sustained growth is the fact that the federal funds rate for borrowing U.S. dollars has not yet
The year 2022 marked a period of turmoil for cryptocurrency lenders, with many well-known names such as BlockFi and Celsius Network facing a devastating crash. However, amidst the chaos, Nexo managed to emerge as one of the few survivors in this niche industry. According to Dimitar Bratovanov, Nexo’s Product Manager, the key to the company’s
The introduction of spot Bitcoin ETFs has caused a surge in trading volume, attracting new investors to the cryptocurrency market. This has created a sense of optimism that goes beyond just Bitcoin itself. However, despite this positive trend, the launch of a spot Ethereum ETF is still pending approval from the US Securities and Exchange
Bitcoin has recently made headlines by surpassing the $70,000 mark, marking a significant milestone for the cryptocurrency market. The surge in price has sparked renewed interest and enthusiasm among investors, with many attributing the climb to the introduction of spot bitcoin exchange-traded funds (ETFs) in the United States. This surge demonstrates the growing confidence in
The recent bullish weekend for Ethereum (ETH) has cryptocurrency enthusiasts celebrating as the world’s second-largest cryptocurrency by market capitalization experiences a price surge of 4.31% in the last day. The price of ETH is inching closer to a critical resistance point of $4,000, signaling optimism within the Ethereum community. This climb is fueled by a
Bitcoin’s price has been on a wild rollercoaster ride in the past few days. After staying stagnant for a while, the cryptocurrency catapulted above $70,000 for the first time ever, only to be harshly rejected shortly after. This sudden spike and subsequent crash left many investors reeling as billions of USD were liquidated within minutes.
Bitcoin recently reached a new all-time high (ATH) of over $70,000, sparking excitement among investors and analysts alike. However, despite this impressive milestone, crypto analyst Michaël van de Poppe believes that there is still room for significant upside potential. In a recent X post, he mentioned that Bitcoin is “heavily undervalued” and that the value