In the latest run for Bitcoin, the cryptocurrency has reached a new monthly peak at $48,600. After a period of sideways trading, Bitcoin experienced a surge in price following last week’s volatility. The bulls took control of the market, causing the price to climb above $47,000 by the end of the business week. Over the
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As Bitcoin continues its recovery after a bearish January, crypto analyst Adam Back suggests that there is a chance for the cryptocurrency to hit the $100,000 price mark before the much-anticipated halving event in April. Unlike previous predictions, Back believes that the bull run may occur prior to the halving event, thanks to the recent
Chinese Bitcoin miners have identified Ethiopia as a strategic location for their operations, driven by the allure of affordable energy and favorable climates. With regulatory restrictions in China prompting them to seek alternative options, local Bitcoin miners are now exploring countries that offer low electricity costs and friendly regulations. Among these destinations, Ethiopia stands out
Cardano, a popular cryptocurrency, has seen a modest 3.76% gain in the past seven days, indicating a positive trend in its short-term price trajectory. On-chain data reveals a surge in buy orders, creating a significant bid-ask volume imbalance in favor of the bulls. This imbalance, along with the increasing activity on the Cardano blockchain, presents
Bitcoin (BTC) has been on an upward trajectory, gaining 4.04% in the last 24 hours to briefly surpass the $48,000 mark. However, amidst this positive movement, there are concerns of an impending dip that could spell significant losses for investors. Popular analyst Ali Martinez has made a major prediction regarding a planned liquidation that could
Bitcoin has continued its positive price performances, reaching new heights in the past 24 hours. The cryptocurrency surpassed $48,000, marking a new monthly peak. This surge in value is not limited to Bitcoin alone, as altcoins are also experiencing gains. Ethereum (ETH) has reached $2,500, while Solana (SOL) has made a significant jump to $110.
Ethereum (ETH) has been displaying an interesting pattern in the options market. Recent data from Deribit, a leading platform for crypto futures and options trading, reveals a significant concentration of call options for ETH centered around the $4,000 strike price. This accumulation of ETH call options suggests that traders are speculating on a potential rise
Hong Kong’s Securities and Futures Commission (SFC) and local law enforcement have issued a public warning regarding an entity impersonating the legitimate crypto exchange, MEXC Global. The scammers are using deceptive tactics to lure unsuspecting victims into a crypto investment scam, posing as a virtual asset trading platform. This article analyzes the warning and highlights
As the Cardano price continues its upward trajectory, another emerging green crypto project called eTukTuk has captured the attention of investors. With its focus on sustainable transportation and blockchain technology, eTukTuk aims to revolutionize urban transportation in developing nations. This article explores the potential of eTukTuk and its impact on the crypto market. The Cardano
Cryptocurrencies have been gaining significant attention in recent months, particularly with Bitcoin leading a widespread rally in the market. As Bitcoin approaches the $48,000 mark, many investors are now shifting their focus to smaller-cap altcoins in search of the best crypto to buy today. This article will analyze the top performers and assess their potential
