Over the last seven days, Bitcoin’s price has seen significant fluctuations, ranging from $54,000 to almost $60,000. Currently, it stands at around $58,000, according to data from Coingecko. Many analysts are predicting a potential surge in price, with some even speculating that Bitcoin could reach $90,000 to $100,000 in the near future. These predictions are
Crypto
The world of stablecoins has seen significant shifts in market share over the last two years. While Tether’s USDT has long been a dominant force in the market, recent data from Kaiko shows a decline in its market share. In 2024, USDT’s market share on centralized exchanges dropped from 82% to 74%. This erosion of
Germany’s on-chain Bitcoin wallet balance has officially reached zero, indicating that the sell pressure from the European economic powerhouse is likely coming to an end. This news marks a significant shift in the market sentiment, as the bearish narrative that has been looming over the crypto market for weeks seems to be dissipating. With on-chain
Ethereum’s price has experienced a significant drop recently, marked by a second rejection from the $4,000 resistance level. The daily chart indicates a pattern of lower highs and lows since the failed attempt to break the $4,000 level. Additionally, the market has broken below the 200-day moving average at around $3,100. Currently, the price is
In a recent court hearing, Judge Katherine Polk Failla expressed doubt regarding Coinbase’s efforts to subpoena SEC Chair Gary Gensler in the ongoing legal dispute between the cryptocurrency exchange and the Securities and Exchange Commission. The hearing shed light on Coinbase’s persistent attempts to acquire Gensler’s communications, including statements made before he assumed the role
Bitcoin’s price saw significant fluctuations recently, hitting close to $60,000 after the release of CPI numbers, only to plummet by over $2,000 shortly after. This rollercoaster ride has left investors on edge as the primary cryptocurrency struggles to maintain its momentum. With dramatic swings in price from multi-month lows to temporary peaks, Bitcoin’s volatility remains
The cryptocurrency market is currently experiencing a significant decline, with major coins such as ETH and XRP taking a hit. ETH, for instance, has once again dropped below the $3K mark and is down by 4% in a single day. XRP, on the other hand, saw a 5% decrease as bulls struggle to maintain the
Real-World Assets (RWA) have been gaining momentum in the cryptocurrency market, with the sector seeing significant growth in recent months. These assets represent physical objects or properties that are tokenized and traded on blockchain platforms through smart contracts. The market capitalization of RWAs reached nearly $9 billion earlier this year before experiencing a correction that
Bitcoin recently experienced a significant correction, with its price dropping below $54,000 for the first time since February. This has led to mixed reactions within the crypto community, with some viewing it as a potential end to the current bull market, while others see it as a normal part of Bitcoin’s growth trajectory. It is
The recent downturn in the crypto markets, with a 15% drop and over $350 million exiting the space, has raised concerns among investors. Cryptographer Adam Back highlighted that market corrections of around 30% are not uncommon during market cycles, emphasizing the importance of not panicking and understanding the historical patterns. Analyst ‘Rekt Capital’ echoed this
