Cryptocurrency News
Amidst a historic day in the United States and the cryptocurrency realm marked by the launch of the first exchange-traded fund (ETF) dedicated to a single commodity, Bitcoin demonstrated resilience, maintaining a stable position around the $46,000 mark. Data from Binance indicates a notable pattern where the increase in Bitcoin […]
The aftermath of spot Bitcoin ETF has sparked a lot of positivity in the market as many altcoins resumed bullish this week. BCH just flipped through its recent high, charging strong for a bigger price movement. After exploding massively to $329 in June 2023, BCH lost momentum and later found […]
The U.S. Securities and Exchange Commission (SEC) is under investigation for suspected market manipulation after a misleading announcement regarding the approval of Bitcoin Spot ETFs. Reports initially suggested the SEC’s endorsement of certain Bitcoin ETF funds, causing Bitcoin’s price to surge above $47,000 before stabilizing around $45,000. BREAKING: Securities lawyers […]
Bitcoin jumped 10% yesterday and broke through a key resistance to reach a new milestone. The price has dropped slightly in the past but remained strong on the daily outlook with a current dominance of 53.3% against altcoins. Following a sudden crash to the $40,500 level last week, Bitcoin reacted […]
The remarkable success story of El Salvador embracing Bitcoin is resonating globally, inspiring other nations to consider adopting the leading cryptocurrency. President Nayib Bukele of El Salvador has accumulated 2,798 Bitcoins for his country, already generating a profit of $13 million. Notably, this financial gain has been achieved even before […]
Bitcoin encountered a minor setback, experiencing a $1,000 drop (-2.3%) on Monday. Notably, F2Pool deposited 1,000 BTC ($43.96 million) to Binance during this period, contributing to the slight decline, following a similar deposit two days prior. Why did the price of $BTC drop $1K (-2.3%) in the last 7 hours? […]
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, […]
In a surprising turn of events, Matrixport’s latest report has cast a shadow over the crypto market, suggesting that the U.S. Securities and Exchange Commission (SEC) is poised to reject all Bitcoin spot exchange-traded funds (ETFs) in January. Matrixport predicts that final approval might not materialize until Q2, coupled with […]
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 $44,700 earlier this month, Bitcoin’s price has been moving sideways due to […]
While Bitcoin maintains a relatively steady position this week, its fork, Bitcoin SV ($BSV), has emerged as a notable player with significant upward momentum. Of course, this is despite Bitcoin experiencing a correction around the $44K mark. Also, Bitcoin SV has seized the spotlight with remarkable breakthroughs in the market. […]
The overall crypto market is down 1% today with Bitcoin dropping to its lowest level in two weeks. It has recovered briefly in the past hours but is likely to resume selling soon. Its dominance against altcoins currently stands at 52.1%. Bitcoin appeared to have finally suspended bullish after rejecting […]
The recent surge in Ordinals inscriptions, not limited to Bitcoin alone, has sent shockwaves through various blockchain networks, notably impacting Ethereum Virtual Machine (EVM) chains with a significant increase in gas spending during the weekend. Bitcoin’s inscription phenomenon has posed a unique set of challenges, and its repercussions have extended […]
Bitcoin ($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 […]