Bitcoin (BTC), the dominant cryptocurrency, has surged recently against a backdrop of intensified spot market trading. The current bullish momentum is underscored by recent analysis from Bitfinex, which points to on-chain metrics that indicate increased investor confidence. A critical element in this rising trend is the notable inflow into Bitcoin exchange-traded funds (ETFs) within the
Bitcoin’s journey has been nothing short of tumultuous, illustrating the volatile nature of cryptocurrency trading. On a pivotal Monday, the leading cryptocurrency saw a drastic decline, plummeting from around $60,000 to as low as $57,600. However, the narrative changed swiftly as bullish sentiment returned to the market, propelling Bitcoin to a three-week high of over
In recent weeks, Ripple’s XRP has made headlines with a notable 10% price increase, marking it as the standout performer among the top 20 cryptocurrencies. As it hovers around the $0.58 mark, it is also important to note the surge in daily trading volume, which has surpassed $1.2 billion—eclipsing even that of Binance Coin (BNB).
The digital art scene has experienced a seismic shift with the emergence of blockchain technology, and Bitcoin, once seen mainly as a store of value, is now stepping into the spotlight for NFTs (Non-Fungible Tokens) due to platforms like Gamma. Their latest initiative integrates Bitcoin Layer 1 Ordinals with Stacks Layer 2 NFT trading—an approach
In an ever-evolving terrain marked by volatility and uncertainty, Samuel Edyme—known affectionately in the crypto community as HIM-buktu—stands out as a beacon of resilience and versatility. As a web3 content writer and budding trader, Edyme has woven together a multifaceted career that transcends traditional boundaries. His body of work includes contributions to notable names in
Recent analyses from crypto experts are shedding light on the current bearish sentiment permeating the Bitcoin trading landscape. Notably, crypto analyst Ali Martinez has brought attention to the concerning trend among Binance’s top traders, revealing that over half (51.41%) are shorting Bitcoin. This bearish outlook suggests a collective expectation of declining prices for the leading
The world of cryptocurrency is often plagued by skepticism, rumors, and intense scrutiny, particularly surrounding the actions of major exchanges and asset managers. A recent wave of allegations regarding Coinbase, one of the largest cryptocurrency exchanges, has ignited a discussion about trust within the industry and the impact of institutional players on Bitcoin’s value. Eric
In 2016, a bold investor made a strategic move by purchasing 16,636 ETH at the price of $5.23 each, an investment totaling around $87,135. Fast forward to September 16, 2024, and this investment has showcased a breathtaking transformation in value, now exceeding $37.6 million. This astounding increase of 446x is a testament to the phenomenal
In a rapidly evolving digital landscape, the intersection of politics and technology has sparked a lively debate regarding the regulation of prediction markets, particularly those related to elections. Congressman Ritchie Torres has emerged as a vocal advocate for a balanced regulatory approach, urging the Commodity Futures Trading Commission (CFTC) to shift its focus from suppression
In the rapidly evolving landscape of cryptocurrency, appropriate caution is of utmost importance. Recently, the Shiba Inu (SHIB) community has faced mounting threats, particularly from scammers leveraging the once-anonymous founder Ryoshi’s name for deceitful purposes. The Shibarmy Scam Alerts team has stepped forward, sounding the alarm and urging community members to exercise due diligence while
