Following five weeks of continuous growth, BTC dominance decreased by 1.1%, closing the week at 53% compared to the previous 54.1%. BTC dominance measures Bitcoin’s market capitalization against the total digital asset market and is an important indicator of market sentiment. BTC dominance typically shifts in two key moments of market cycles: after reaching a […]
The conviction of Sam Bankman-Fried, the founder of FTX, who was charged with seven counts of fraud and conspiracy, has now capitvated the interest of Hollywood. The verdict came after a trial that lasted just over a month in federal court in New York City. Bankman-Fried had cheated investors and customers out of over $10 […]
Bitcoin (BTC) experienced a remarkable surge last night, briefly hitting $35,200. This surge can be attributed to several compelling factors. Among these factors are the eagerly anticipated halving event and the growing confidence among investors regarding the approval of BTC Spot ETFs. This surge not only marks a significant price movement but also underscores Bitcoin’s […]
In the world of cryptocurrency, all eyes are on Bitcoin (BTC) once again, and the question on everyone’s lips is whether the much-anticipated bull market is finally underway. With the BTC price now hovering around the $34,000 mark, the crypto community is eagerly watching for signs of what’s to come. While many factors contribute to […]
In the fast-paced realm of cryptocurrencies, Bitcoin has become a global phenomenon, attracting investors far and wide. However, amidst its popularity, there lies a dark side: cunning scammers waiting to prey on the unsuspecting. As the cryptocurrency market gains traction, arming oneself with knowledge and Bitcoin investment education is paramount to ward off potential scams. […]
In a rapidly evolving cryptocurrency landscape, Bitcoin’s price is surging toward the $49,000 level as analysts predict that the U.S. Securities and Exchange Commission (SEC) may soon approve spot Bitcoin exchange-traded funds (ETFs). These developments come as the market anticipates a significant bull run for Bitcoin. Bitcoin Price Gains Momentum Bitcoin’s price recently crossed the […]
Grayscale’s Chainlink Trust (GLINK) is currently trading at a 223% premium, signaling institutional investors are particularly eager to get their hands on the digital asset investment product. The trust offers institutions a way to gain exposure to the native asset of decentralized oracle provider Chainlink (LINK) without directly investing in the crypto asset. GLINK is […]
A popular crypto analyst is remaining bullish on one red-hot altcoin that more than doubled in value within a few weeks. Pseudonymous trader Altcoin Sherpa tells his 197,900 followers on the social media platform X that the gaming studio and NFT (non-fungible token) marketplace platform Vulcan Forged (PYR) has more room to run. The trader […]
Hundreds of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) shorts have been liquidated as the king crypto shoots past $37,000. According to new data from blockchain tracking platform Coinglass, during the last 24 hours, the top crypto asset by market cap has seen just over $131 million worth of short […]
A crypto analyst who nailed the top of the 2021 Bitcoin (BTC) bull market says Solana (SOL) will likely pull back after a big rally. Pseudonymous analyst Pentoshi tells his 706,400 followers on the social media platform X that Solana could dip by more than 25% from its current value. “Whether it goes higher, or […]
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