In the rapidly fluctuating world of cryptocurrency, the recent slip of Bitcoin’s price to $90,000 on January 13 raises significant concerns among investors. Following a sharp 16% decline from its December peak, Bitcoin (BTC) finds itself close to its lowest level since mid-November. This downward trajectory is not isolated, as other cryptocurrencies like Solana (SOL)
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In a significant stride towards enhancing its presence in the Middle East and North Africa (MENA) region, HashKey Group has announced that it has received in-principle approval for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This development, revealed in a statement on January 13, signals HashKey’s determination
The cryptocurrency market remains a landscape of unpredictability, and this past week has amplified that sentiment. Within this tumultuous environment, Ripple’s XRP has notably shown significant price fluctuations. On January 9, XRP suffered a drop below the $2.25 mark, only to rebound sharply within 48 hours, peaking at almost $2.60. Current evaluations place the digital
Over the past week, Bitcoin has hovered around the $94,000 level, showing signs of potential movement either upwards or downwards. This consolidation phase has left many analysts puzzled about the next steps for the leading cryptocurrency. A notable crypto analyst has pointed out the formation of liquidity blocks between $86,000 and $104,000, which suggests that
In the past week, the cryptocurrency landscape experienced a notable retreat, with over $300 billion siphoned from the digital asset sector. The fluctuations in the market were particularly evident over the weekend, where trading was relatively stagnant, giving the impression of a market that was holding its breath. However, Monday morning trading in Asia saw
The cryptocurrency market is often characterized by extreme fluctuations, and Bitcoin’s recent performance sets a stark illustration of this reality. As 2025 unfolds, Bitcoin struggles to stabilize after encountering significant resistance at the $100,000 threshold. Although it briefly surpassed this psychological mark, stability has eluded the coin as it faced a robust pullback shortly thereafter.
In a bold move to enhance cryptocurrency accessibility, Canaan has unveiled its newest line of mining devices, the Avalon Mini 3 and Avalon Nano 3S, during CES 2025 in Las Vegas. These products signify a major leap in the cryptocurrency mining landscape, as they aim to bridge the gap between complex mining rigs and everyday
Cardano, one of the notable cryptocurrencies in the decentralized finance (DeFi) space, is currently displaying characteristics of market uncertainty. Over the recent weeks, it has effectively stalled in a defined price channel, specifically between $0.8 and $1.3. This stagnation suggests traders may be grappling with conflicting views on Cardano’s future, caught between optimistic and pessimistic
The cryptocurrency market concluded 2024 with remarkable growth, reaching an unprecedented market capitalization of $3.91 trillion in December, a clear indication of its resilience and potential. According to Binance Research, the surge was predominantly fueled by Bitcoin’s exceptional performance and a wave of regulatory optimism. Notably, the market experienced a defining moment following the Bitcoin
As the world of cryptocurrency remains volatile, Bitcoin, the leading digital asset, has recently experienced an unexpected downturn that has left investors cautiously observing its next moves. Over the past weekend, Bitcoin struggled to maintain its position above the critical $94,000 mark. After briefly dipping below this threshold on January 11, the price fluctuated, reaching
