Bitcoin prices soared to a remarkable $65,500 in early trading on March 4, showcasing an impressive rally. This surge has propelled the cryptocurrency to its highest price level since November 2021, positioning it just 5% below its all-time high recorded in the same month. Notably, BTC has witnessed an astounding increase of over 300% from
Crypto
In recent bull markets, niche asset classes within the cryptocurrency industry have emerged as major players. The last bull market, which abruptly ended in 2022, was dominated by NFTs and meme coins. With experts suggesting that the cryptocurrency market has entered a new bull cycle, thanks to recent price surges, there is speculation about what
The case involving Bitcoin Fog and the accusations against Roman Sterlingov have taken a complex turn with the involvement of Ilya Lichtenstein. Lichtenstein, known for his role in the hacking of Bitfinex and the laundering of millions of dollars, now finds himself cooperating with federal prosecutors to build a case against the crypto mixing service.
The recent surge in Bitcoin’s price, exceeding $62,000, has caught the attention of both enthusiasts and skeptics alike. This rapid increase has sparked speculations about the potential beginning of a major bull run in the cryptocurrency market. One key factor that could contribute to the continuation of Bitcoin’s upward trajectory is the upcoming Bitcoin halving
As Bitcoin (BTC) surged past the $64,000 mark, some on-chain indicators are starting to suggest that the leading cryptocurrency may be overheating. Market intelligence firm CryptoQuant’s weekly report highlights the rising traders’ unrealized profit margin and the expensive cost of opening new long positions in perpetual futures markets as key indicators of a possible pause
In a week where Bitcoin has experienced some stagnation and minor retracements, meme coins have taken the spotlight with staggering gains. One such example is Dogwifhat (WIF), which has soared in value, capturing the attention of investors. The overall crypto market cap has seen a slight dip on a daily scale, but the past seven
Marathon Digital, a prominent Bitcoin mining company based in the United States, has recently released its quarterly earnings report, surpassing analyst expectations by a considerable margin. Despite the positive news, the company’s stock price experienced a temporary dip following the announcement. This minor setback, however, is unlikely to overshadow the significant achievements of Marathon Digital
In recent weeks and months, MicroStrategy, a business intelligence software giant co-founded by Michael Saylor, has experienced a significant surge in its stock price. This surge has outperformed the major US stock market indexes by a substantial margin, which may be attributed to the company’s extensive exposure to Bitcoin. MicroStrategy’s stock price has increased by
The year 2024 has been quite promising for AI-related coins, with a combined return of 76% since the beginning of the year. The Artificial Intelligence (AI) coins market has witnessed a significant increase of 7% in just a day, pushing the market cap to a staggering $19.8 billion within the last 24 hours. Renowned entrepreneur
In a recent development, cryptocurrency exchange Gemini has reached a settlement with New York regulators to return a minimum of $1.1 billion to customers who were affected by the collapse of its Gemini Earn Program. The settlement agreement also includes a $40 million contribution to help cover Genesis Global Capital’s bankruptcy proceedings and a $37
