Coinbase, a prominent US-based cryptocurrency exchange, has experienced a substantial increase in its market share recently. This growth can be attributed to the launch of multiple spot Bitcoin exchange-traded funds (ETFs) in January. As a result of this surge, analysts at Goldman Sachs have decided to upgrade their rating on Coinbase shares from selling to
A recent report has shed light on the total Bitcoin assets held by the companies of tech magnate Elon Musk – Tesla and SpaceX – as well as the profits they have garnered from their investments. The report, published by Arkham Intelligence, an AI-based blockchain analytics platform, delves into the Bitcoin holdings and transactions of
As macro tailwinds continue to lift major cryptos, investors looking for the best crypto to buy today should consider exploring smaller altcoins. While Bitcoin and Ethereum have been seeing modest gains, many smaller altcoins are experiencing outsized pumps. This trend comes as Fed Chair Jerome Powell hinted at potential interest rate cuts, boosting investor confidence
The discussion around central bank digital currencies (CBDC) has been a hot topic globally, with various countries exploring the idea of a government-backed digital currency. US Federal Reserve Chair Jerome Powell recently addressed lawmakers regarding the Fed’s stance on CBDC during a Senate Banking Committee hearing on monetary policy. Powell emphasized the importance of privacy
In recent days, the cryptocurrency market has experienced significant volatility, with both Bitcoin and Ethereum reaching new all-time highs before facing sharp corrections. This article will analyze the price movements of Ethereum (ETH) in response to Bitcoin’s rally and subsequent dip, as well as the factors driving Ethereum’s current upward trajectory. After Bitcoin broke above
In the volatile world of cryptocurrency, recent market trends have seen a sharp decline in the value of Cardano (ADA) following Bitcoin’s withdrawal from its latest all-time high. However, crypto analyst Dan Gambardello sees this pullback as a positive sign for the broader bull market. Gambardello’s analysis suggests that historical patterns indicate potential growth ahead
As the cryptocurrency market continues to evolve, investors are constantly on the lookout for the next big opportunity to achieve significant returns on their investments. With meme coins gaining popularity in recent years, a new ICO called $PEEN has caught the attention of many investors who are seeking a 100x ROI token. In this article,
The cryptocurrency market experienced a surge in trading volume as Bitcoin reached an all-time high in November 2021, breaking through $69,000. However, this achievement was short-lived as Bitcoin quickly corrected by 14%, dropping its price to $59,300. Despite regaining some lost ground the next day, Bitcoin struggled to stabilize at $66,000, showcasing the market’s intense
Binance, a major cryptocurrency exchange platform, has recently announced the discontinuation of all services related to the Nigerian local fiat currency, Naira (NGN). This decision will have a significant impact on Nigerian users, as they will no longer be able to access services such as deposits, withdrawals, conversions, spot trading, P2P, Auto-invest, and Binance Pay.
Pepe (PEPE) has taken the meme coin world by storm, with an impressive +707% monthly gain that has propelled it to new all-time highs. However, despite its recent success, there are signs that the rally may be coming to an end. With the current price hovering at $0.000000750, experts are predicting a potential retracement back