Cryptocurrency News
BitMEX Co-Founder, Arthur Hayes (@CryptoHayes), recently conveyed his perspective in a comprehensive post, urging caution among traders amidst the current cryptocurrency bull market. In his analysis, Hayes emphasized the need for tempered enthusiasm, asserting that the crypto bull market is still in its early phases. He drew a parallel between […]
Data from 2023 indicates a substantial influx of $2.25 billion into digital asset investment products, marking it as the third-highest year since 2017. While 2020 and 2021 outpaced 2023 with $6.6 billion and $10.7 billion, respectively, the recent surge signifies a noteworthy recovery from the lower inflows observed in 2022, […]
Today, Bitcoin, the largest cryptocurrency by market value, surpassed the $45,000 mark, reaching a notable $45,899 level. Investors’ optimism about the potential approval of spot Bitcoin Exchange Traded Funds (ETFs) in the US played a substantial role in driving this notable surge. Several factors, including the influx of funds into […]
Ethereum, the second-largest cryptocurrency globally, is gearing up for a potential surge, capturing the attention and anticipation of the crypto community. As of now, Ethereum is valued at $2,330, showcasing a daily increase of 1.64% and a monthly growth of 8.16%. This consistent uptrend fuels speculations that Ethereum might soon […]
Tether, a major player in the crypto space, which is recognized for its fiat-backed stablecoins, has recently made a significant move involving the leading cryptocurrency, Bitcoin. This is coming as the continued craze around BRC-20 tokens is still very much in play. Many traders and investors are making arguments on […]
ORDI advanced buying pressure this week and broke through previous resistance to reach a new milestone today. It currently shows no signs of weakness as it continues to gain traction. It remains one of the most traded BRC-20 tokens so far. For almost two months, ORDI has been on a […]
Bitcoin continued to suspend bullish to a sideway trend. Although it currently looks weak following a 1% loss in the past hour. It appeared to be gathering momentum for a big price movement. Since the price fell from $44,700 earlier this month, Bitcoin’s price has been moving sideways due to […]
The overall crypto market is down 1% today with Bitcoin dropping to its lowest level in two weeks. It has recovered briefly in the past hours but is likely to resume selling soon. Its dominance against altcoins currently stands at 52.1%. Bitcoin appeared to have finally suspended bullish after rejecting […]
The recent surge in Ordinals inscriptions, not limited to Bitcoin alone, has sent shockwaves through various blockchain networks, notably impacting Ethereum Virtual Machine (EVM) chains with a significant increase in gas spending during the weekend. Bitcoin’s inscription phenomenon has posed a unique set of challenges, and its repercussions have extended […]
Bitcoin ($BTC) has encountered a noticeable setback in its growth trajectory over the past month, raising concerns about the sustainability of its recent climb to $44,000. Based on Ali’s chart on X, Bitcoin’s price has dipped below a critical supply zone, ranging from $41,200 to $42,400. Within this range, 1.87 […]
In a notable development, MultiBit has emerged as the pioneering dual-sided bridge, revolutionizing seamless cross-network transfers between BRC20 and ERC20 tokens. This innovative bridge, by facilitating effortless movement of cryptocurrency tokens between Ethereum Virtual Machine (EVM) networks like Ethereum and BNB blockchains, and the Bitcoin blockchain, significantly enhances cross-chain interoperability. […]
In a rapid turn of events, the Bitcoin Ordinals token $SATS has experienced a significant surge in value shortly after being listed on the renowned cryptocurrency exchange Binance. The recent bullish momentum is not isolated to $SATS alone, as Ordinals Brc-20 tokens have been witnessing substantial price gains, creating a […]
Despite the notable sell-offs witnessed as Bitcoin breached the $40,000 threshold over the past weekend, the leading cryptocurrency has sustained its bullish trajectory. In the face of significant declines in major tech stocks, a surge in Treasury yields, and a retracement in gold prices following a previous record high, Bitcoin […]
As Bitcoin failed to provide a lower price discount, the price continued to break higher – registering a total of 50% gain in the last 30 days. More rallies are expected if it keeps breaking higher. Bitcoin advanced rally last week after staying in a three-week consolidation phase. It entered […]
As we bid farewell to a bullish November, Bitcoin ($BTC), the world’s leading cryptocurrency, achieved remarkable milestones, boasting a noteworthy 10% gain for the month and reaching a yearly high at $38,415 this week. ——————————————— New Record Bitcoin Hashrate———————————————490,000,000,000,000,000,000x Hashes Per Second pic.twitter.com/4eCTPhFT9U — Documenting ₿itcoin 📄 (@DocumentingBTC) November 29, […]
Since Bitcoin tested the upper boundary of its channel this month, the volatility dropped as it entered a consolidation phase. It is still trying to regain momentum on a daily but lacks enough volume to sustain the rally. Bitcoin’s consolidation phase extended this week amid low volatility. The trend is […]
Recently, an anonymous trader has caught the attention of the crypto community by racking up an astonishing $3.1 million in transaction fees while moving 139.42 Bitcoin. This eye-popping transaction fee has now etched its place as the eighth highest in Bitcoin’s 14-year history. Notably, back in 2016, the record for […]
In a notable stride towards enhancing Ethereum’s scalability, Ethereum Layer 2 Blast has made its debut in early access mode. With substantial financial backing of $20 million from investors such as Standard Crypto and Paradigm, Blast aims to set the stage as a frontrunner in Ethereum Layer 2 solutions, introducing […]