By crossing the $71,000 mark, Bitcoin now weighs more than all the silver metal extracted from the earth.
By crossing the $71,000 mark, Bitcoin now weighs more than all the silver metal extracted from the earth.
Matt Hougan, Bitwise's Chief Investment Officer, predicts a massive influx of institutional capital into Bitcoin in 2024!
The past week has been particularly rich in major developments for the crypto sector. From the imminent Bitcoin halving that promises to reshape the mining landscape to the announcement of the successful deployment of the Dencun upgrade on Ethereum's testnets, along with Binance's asset recovery initiatives and Ripple's legal challenges, each event carries the potential to redefine the future of the crypto market. This article provides an overview of the most significant news and gives you an essential insight to understand current dynamics and anticipate future movements in the crypto space.
In a universe where volatility reigns supreme, Solana (SOL) stands out with a stunning growth, reaching an unmatched peak for 23 months. This surge of over 30% in just one week has sparked both confidence and curiosity within the cryptocurrency community. This article explores the dynamics underlying this spectacular rise and highlights the key factors and implications for the future of Solana and the crypto market as a whole.
Bitcoin (BTC) is not the only one attracting attention from the crypto community. Several cash-settled ETFs linked to the leading crypto are also gaining traction through their trading volumes. In the past 24 hours, they have seen a remarkable surge. Here is exactly what happened.
The crypto firm Ripple has not yet ended its legal battle with the SEC when another lawsuit could involve it. Ripple is accused by individuals and companies of "illegally" selling them XRP. Here is what is specifically at issue in the context of what appears to be a class action lawsuit.
The crypto market keeps exciting fans and savvy investors seeking the next best thing. Bitcoin, the crypto leader, has reignited the love and admiration among crypto enthusiasts as it surges past the $50,000 mark and dominates the headlines. This steady rise shows that the bulls are ready to take charge and cause a positive stir in the crypto market.
Currently, Ether (ETH), Ethereum's native cryptocurrency, is on fire. Recently, the second major crypto in the market made headlines when it reached a level it hadn't approached since 2021. But its bullish momentum doesn't seem to want to stop. ETH has broken the $3,000 resistance, greatly aided by operational advancements from Uniswap, a decentralized trading protocol built on Ethereum.
The revelations about Ripple are emerging as XRP struggles to regain its value and momentum.
Bitcoin has enjoyed an incredible start to 2024 that has culminated in it passing the $50k mark for the first time since 2021. There are a lot of good feelings around the project at the moment as the Bitcoin halving event is just around the corner too. However, it is always important not to get too carried away as we know how quickly things can change with crypto. Later on in this piece, we will make a Bitcoin price prediction that is a little more cautious when compared to what we see from other experts that predict an over 100% surge by 2025. However, first, we want to look at the Bitcoin Minetrix (BTCMTX) presale and how it could actually be a driving factor behind Bitcoin’s success in 2024.
The Fed surprises with rate cuts in view, while volatility reigns in the crypto markets.
It was 2018… and for the first time in crypto history, Bitcoin wasn't the project with the highest number of transactions in one day. Within 24 hours, BitShares reached 1,513,308 transactions, roughly 17.5 per second.
Meme coins have been around since DOGE went live over ten years ago. Today's market has hundreds of memes in circulation, many of which outperformed BTC, ETH, and many other well-established altcoins. Meme coins proved they are no joke. Just look at PEPE's incredible rise to the top in 2023. Some of the earliest investors saw returns of over 5,000,000%, an absolutely jaw-dropping number, despite having no real-world use cases.
The world of American stock market finance will be the stage for several key events this week: CPI data and the Fed.
As the Federal Reserve is making its first announcement regarding interest rates in 2024, the crypto market is watching closely to see how it will be affected.
The bearish-minded cryptocurrency analyst, renowned as the il Capo Of Crypto, discussed the recovering nature of Bitcoin in his recent remarks. Having previously predicted an ascent in Bitcoin's value followed by a decline, he anticipates a range of $44,000 to $45,000 in the upcoming phase, expressing confidence that $50,000 might be achieved in the coming days.Â
Meme coins are back in the game, according to numerous crypto experts. This niche was in a slump since the middle of 2023 after PEPE’s 9000% surge.
In the crypto world, this term is a belief that stock prices increase during January. According to experts, people purchase stocks after the December price drop. However, the January effect is, by many investors, considered a seasonal tendency.
Solana stands out in the crypto sphere with a significant increase. The announcement of a Jupiter airdrop actually propels the Solana crypto.
According to recent analysis by Standard Chartered, the United States Securities and Exchange Commission (SEC) could be on the verge of approving a cash exchange-traded fund (ETF) for Ethereum as early as May. This prospect, long-awaited by investors and crypto market players, could not only further validate Ethereum as an institutional investment asset but also propel its price to unprecedented highs.
S&P 500 toward 5,000, Bitcoin in precarious balance: the great show of the American financial market.
Bitcoin has finally held above the $40,000 support. Let's explore the future outlook for the BTC price.
Dogecoin (DOGE) is back in the red after a promising weekend that looked like it was about to turn a corner. The coin pumped by 16% on Saturday, and it seemed like that would just be the start for the meme coin as we head deeper into Q1 of 2024.
A very reliable financial indicator, the yield curve has recently inverted. And yet, Wall Street has always considered this indicator as a precursor to an impending recession. Will we therefore experience a catastrophic economic year in 2024, which could also affect the stock markets and bitcoin (BTC)?
At the intersection of cutting-edge technology and economic fluctuations, the world of cryptocurrencies never ceases to surprise us. This week, we have witnessed a series of events that redefine not only the value and function of digital currencies, but also their impact on our society and global economy. From the depths of the Mt. Gox affair to the heights reached by Solana, as well as the imminent challenges of Bitcoin and Ethereum, and the intrigues surrounding SHIB, each story is a thread in the complex labyrinth of crypto. Join us on this weekly journey as we untangle these threads to bring you a clear and accurate understanding of the latest developments in this fascinating universe.
Finance faces the challenge of debt exceeding asset value. Cryptocurrency presents itself as a solution. """
Recent data shows that China is strategically strengthening its oil stocks. For several months, the Middle Kingdom has been benefiting from its partnership with Russia for this purpose. Some believe that this is a way for China to expand its influence within the influential BRICS of which it is a member.
It seems that the bearish pressure related to the GBTC ETF is fading a bit. Do we foresee the end of the tunnel for bitcoin?
Keiser predicts the collapse of Solana against Bitcoin, and difficulties for XRP. These bold predictions are shaking up the crypto market.
Bitcoin ETFs faced with a dilemma: BlackRock criticizes the liquidity creation model and warns the SEC. Details here!