Bitcoin
Nigerians Turn to Bitcoin as Naira Collapses
Over the past four years, over 2.6 billion people have experienced a 45% loss of purchasing power. In Nigeria, currency depreciation has eroded the value of the Naira, impacting millions...
Key Economic Data to Influence Crypto Market This Week
Key economic data releases this week, including housing market figures and jobless claims, are expected to influence the crypto market. With Bitcoin hovering around $68,000 and Ethereum at $2,700, traders...
Crypto Roundup: Memecoin Mania, Ethereum Accumulation, Bitcoin’s Surge
Bitcoin (BTC), the largest digital asset by market cap, is approaching the $70,000 price level, trading at $68,895.95 at the time of writing, up 1% in the past 24 hours....
MicroStrategy’s Saylor: Bitcoin is Not a “Glitch,” But a Transformation
MicroStrategy CEO Michael Saylor reiterated the company’s Bitcoin (BTC) investment strategy as a digital transformation in capital markets, not a short-term “glitch.” MicroStrategy, known for its enterprise software, holds the...
European Central Bank signals potential regulations on Bitcoin
Bitcoin has come under scrutiny in the cryptocurrency economy after an analyst pointed out a potential ban on the coin. An analyst, Tuur Demeester, has raised alarms over a recent...
Dogecoin Leads Weekly Gain with 22.3%, followed by Bitcoin and Ethereum
The cryptocurrency market has experienced a notable shift over the past week, with Dogecoin emerging as the top-performing crypto asset among the top 10 cryptocurrencies by market capitalization. With an...
Bitcoin ETFs Surpass $20 Billion in Net Inflows Within 10 Months
Bitcoin ETFs have seen remarkable inflows, marking an unusual gain in institutional investments. ETFs from issuers like BlackRock, Fidelity, and Ark have experienced fluctuations, with net flows hitting record levels,...
Bitcoin ETFs Drive Record $1.38 Billion BTC Accumulation in Three Days
Institutional investors are piling into Bitcoin ETFs at an unprecedented rate. Arkham Intelligence reports ETFs added over $1.38 billion worth of Bitcoin to their holdings in just three days, marking...
China’s Stock Rally Takes a Toll on its Crypto Market
According to Kaiko Research, Chinese crypto investors are selling their digital assets to take advantage of rising equity prices. The analysis platform reported on X that the Chinese stock market...
a16z Report: Crypto Adoption Surges, Blockchain Interactions Hit Record High
Venture capital firm Andreessen Horowitz (a16z) released its latest State of Crypto report, which shows a significant increase in cryptocurrency adoption and usage. The report also highlighted a record high...
ETH/BTC Struggles to Break Through Resistance, Altcoin Season Delayed?
Crypto analyst Michael van de Poppe highlighted a crucial development on ETH/BTC’s 4-hour chart that could impact the altcoin market. In an X post, Poppe showed how the crypto pair...
Analysts Monitor Bitcoin’s Breakout Above $66,000 for Bull Run Confirmation
Bitcoin (BTC) surged over 6% on Monday, climbing above resistance at $66,000. If sustained, Monday’s breakout could begin a much-expected bull run as analysts pay attention to the cryptocurrency’s behavior...
Harris’s Crypto Push Drives Bitcoin Rally to $66K, Outpacing Traditional Assets
Bitcoin is experiencing a significant surge this October, reaching a two-week high of $66,482. The rise is driven by growing optimism surrounding support from U.S. regulators. Vice President Kamala Harris’s...
Bitcoin Surges Past $65k, Liquidations Fuel Rally, $70k Next?
Bitcoin (BTC) surged to the $65,000 price level, reaching a daily high of $66,482. The cryptocurrency hit the resistance zone, and an uptrend will be confirmed if BTC maintains price...
BlackRock’s Fink: Bitcoin is an Asset Class, Like Gold
Larry Fink, CEO of BlackRock, the world’s largest asset manager, has affirmed Bitcoin’s status as a legitimate investment option, likening it to gold. During the Q3 2024 earnings call on...
Q3 2024 Crypto Wrap-Up: Bitcoin’s Triumph, Ethereum’s Trouble
The cryptocurrency market ended Q3 2024 with a flat performance, ending with a market valuation of nearly $2.3 trillion. Despite this, Bitcoin’s dominance remained unaffected while Ethereum struggled. According to...
Bitcoin Breaks $65,000 Level: Bull Run Incoming?
Bitcoin is showing strong bullish signs, breaking above the $65,000 level. This suggests the start of a new bull market. After dropping to a low of $59,800 last week, Bitcoin...
Stablecoin Market Cap Explodes to $173 Billion — Is This Bearish for Bitcoin?
The total market capitalization of stablecoins has surged to $173 billion, a level not seen since May 2022. This significant increase in stablecoin demand could foreshadow a pullback in Bitcoin’s...
German Asset Manager To Issue $32 Million in Bonds to Buy More Bitcoin
Samara AG, a publicly traded German asset management company, has announced plans to buy more Bitcoin (BTC) by issuing €30 million (around $32 million) in Nordic bonds. The company already...
Analyst Predicts BTC Heading for All-Time High This Quarter
A cryptocurrency analyst predicted that Bitcoin would reach an all-time high of $73,794 this quarter. In his podcast, Thinking Crypto, the analyst highlighted various indicators that suggested a momentum build-up...
SUI Price Surges 112% in 30 Days, Outperforming NEAR Protocol
SUI, the native token of the Sui Network, a layer-1 blockchain known for its secure and scalable platform, has seen a massive price surge in the past few weeks, outperforming...
Bitcoin Bull Cycle: Double Peak Pattern Suggests Further Gains
Bitcoin’s current bull cycle could bring big gains, as long-term holders anticipate a double peak similar to what we saw in 2013 and 2020. CryptoQuant’s latest analysis shows that Bitcoin’s...
Bitcoin Price Falls Then Rebounds, Chiliz Surges on “Pepper” Meme Coin
Bitcoin fell to a three-week low, hitting $58,895 on October 10, 2024, according to data from analytics firm Santiment. However, market sentiment has turned positive, with traders seeing the drop...
Trump Memecoins Thrive Ahead of Election, Defying Market Trends
Trump-linked Political Finance (PoliFi) tokens are bucking the crypto market’s low volatility. Trump’s memecoins are surging, fueled by his increasing chances of winning the US election. MAGA, MAGA HAT, and...
South Korea May Soon Allow Bitcoin Spot ETFs
The Financial Services Commission (FSC) in South Korea will take important steps to shape the country’s cryptocurrency landscape. According to Cryptoquant Founder Ki Young Ju, this includes discussions about allowing...
