Bitcoin (BTC) has surged by 5% in the last day, edging closer to the highly anticipated $60,000 mark. The surge in price can be attributed to the growing investor interest in the world’s largest cryptocurrency, reaching levels not seen since the 2021 boom. This increase in demand was accompanied by spot bitcoin exchange-traded funds (ETFs)
The digital world continues to intertwine with traditional art as online trading platform Robinhood partners with Notable.art to introduce the work of acclaimed artist Hunt Slonem to a broader audience through the use of Non-Fungible Tokens (NFTs). This collaboration aims to blend art and technology, allowing users to own a piece of Slonem’s artwork in
The Chamber of Digital Commerce recently filed an amicus curiae defending crypto exchange Kraken in the lawsuit initiated by the US SEC. The Chamber’s purpose behind this amicus brief is to put an end to the SEC’s attempted regulation of the digital asset industry through enforcement without legislative authority. In a statement, the CDC emphasized
Cardano (ADA) is showing promising signs of potential price breakouts in the near future, as highlighted by the recent surge in new wallets being created on the Cardano blockchain. The on-chain data indicates a significant increase in new addresses, with spikes seen on various days in February. This influx of new wallets is a positive
In recent times, Bitcoin’s price has experienced a significant surge, with it recently surpassing the $56,000 mark. Many market analysts and investors are predicting further growth, with some suggesting that the cryptocurrency could reach new all-time highs in the coming months. This bullish sentiment is backed by various market indicators that point towards increased confidence
As Bitcoin continues to soar to new heights, many investors are looking beyond the popular cryptocurrency to find hidden gems in the altcoin market. One such coin that has caught the attention of many is Pepe Coin (PEPE). With a price increase of close to 50% in the past 24 hours, PEPE seems to be
The Bitcoin Fear & Greed Index has spiked to its highest level in almost three years, reaching Extreme Greed at an accelerated pace. This index serves as a gauge of investor sentiment, indicating whether investors are currently injecting funds into the market or withdrawing them. The Fear & Greed Index consists of five main categories:
HTX, a cryptocurrency exchange formerly known as Huobi, has recently resubmitted its application for a Virtual Asset Trading Platform (VATP) license in Hong Kong. This move comes after the exchange withdrew its initial application without explanation, raising questions about its eligibility and compliance with regulatory requirements. According to the Securities and Futures Commission (SFC) website,
Despite Shiba Inu’s recent price underperformance, the number of daily active addresses has been on the rise. According to data from IntoTheBlock, SHIB daily active addresses have surged above 3,500, showing a 13% increase. This uptrend indicates a growing interest in the asset and suggests that investors are taking more notice of Shiba Inu. The
With the current price movement of Bitcoin showing signs of stability and the overall market becoming increasingly unpredictable, there are conflicting opinions on the future of BTC. In a recent post on social media platform X, Crypto Jelle, a prominent cryptocurrency analyst and investor, made a bold prediction regarding the future of Bitcoin. Despite the
The recent network outage on Solana, lasting five hours, had a significant impact on investor confidence in the platform. The bug that caused transactions to enter an infinite loop not only disrupted the network’s functionality but also led to a surge in outflows from investment products tied to Solana. This negative sentiment resulted in $3
Dookey Dash, a game associated with the popular Bored Ape Yacht Club, made waves in the NFT world with its limited release that restricted gameplay to NFT owners only. This exclusivity created a frenzy among NFT collectors, leading to a surge in demand for specific tokens like Bored Apes and Mutant Apes. The game, released
Crypto analyst Rager has recently shared his insights on the best time to invest in Bitcoin and Ethereum, signaling an imminent bull run for the two largest crypto tokens. His analysis suggests that the last great opportunity for this market cycle will coincide with the Bitcoin Halving. Rager himself is currently holding spot positions and
Could Bitcoin Exchange-Traded Funds (ETFs) potentially outpace Gold ETFs in terms of investment volume? According to Bloomberg analysts, this scenario could become a reality in a relatively short period of fewer than 24 months. In a recent analysis, Bloomberg ETF analyst Eric Balchunas highlighted the significant increase in Bitcoin ETF inflows while Gold ETFs have