Despite a recent sell-off in Bitcoin, Ethereum (ETH) has exhibited remarkable strength, surging to a new year-to-date high of $3,822 on March 5. This represents an 8% increase in the last 24 hours. This marks a 15% rise over the past seven days and an impressive 132% surge in the last six months. The cryptocurrency […]
Bitcoin experienced a dramatic 8% drop, swiftly descending from its newfound all-time high of $69,170. The cryptocurrency market, recently buoyed by the approval of Bitcoin ETFs in January, faced volatility as Bitcoin’s price plummeted to just above $60,000 within five hours, according to CoinGecko. The crypto community was abuzz with excitement as reports surfaced of […]
1. Bitcoin surges beyond $65,000, approaching its all-time high of $69,000. 2. Factors contributing to the rally include euphoric sentiment, increased institutional demand, and anticipation of the upcoming Bitcoin halving event. 3. Strong inflows into spot Bitcoin ETFs and favorable macroeconomic conditions contribute to Bitcoin’s bullish outlook, with a nearly 50% surge in value this […]
1. Blast’s mainnet unlocks $2.3B in Ether and stablecoins, overcoming controversy. 2. Users enjoy native yields, accumulating points for future token conversion in May. 3. Blast now ranks seventh globally and second among Ethereum layer 2 networks, with $50M already traded. Blast, an Ethereum layer 2 blockchain, has officially launched its mainnet. It is introducing […]
1. Robinhood integrates Arbitrum, an Ethereum layer 2 blockchain, into its crypto wallet. 2. The move aims to reduce transaction fees for Robinhood traders, enhancing cost-effectiveness in crypto transactions. 3. Robinhoods commitment to crypto expansion follows industry trends, with fintech firms and Wall Street giants. In a strategic move to enhance its crypto offerings, Robinhood […]
1. Bitcoin mining stocks drop 27% despite Bitcoin’s rally to $64,000. 2. Analysts see a historical pattern, signaling a potential buying opportunity amidst the decline. 3. Caution prevails as investors eye the upcoming Bitcoin halving on April 20, impacting miner rewards and contributing to the stock downturn. In a surprising turn of events, Bitcoin mining […]
1. Analysts predict Solana’s bullish run, eyeing $600 amid the current crypto market boom led by Bitcoin. 2. Similar to Ethereum’s past trends, Solana’s potential rise is tied to Bitcoin’s expected prolonged bull run toward $150,000. 3. Solana showcases strong fundamentals with rising TVL and notable on-chain activity. Independent market analyst Hansolar suggests that Solana […]
1. U.S. spot bitcoin ETFs, led by BlackRock’s IBIT, set record volumes, reaching $3.3 billion in a day. 2. Ten spot BTC ETFs hit $7.7 billion in combined trading, with Grayscale’s GBTC and Fidelity’s FBTC each surpassing $1 billion. 3. ETF frenzy coincided with bitcoin’s surge to $64,000, then a swift fall to $60,000, fueled […]
1. Dadvan Yousuf plans to climb Everest, plant a Bitcoin flag for financial literacy awareness. 2. Yousuf, 23, turned a $340 Bitcoin investment in 2011 into a reported net worth exceeding $300 million. 3. Committed to minimal impact, Yousuf vows to leave no trace on Everest, addressing issues like overtourism and trash. Dadvan Yousuf, a […]
1. JP Morgan CEO Jamie Dimon expresses caution about market conditions and fiscal policies. 2. SkyBridge Capital’s Anthony Scaramucci challenges Dimon’s Bitcoin criticism, urging more research. 3. Scaramucci highlights Bitcoin’s historical trends and potential to surpass gold, emphasizing its current surge due to limited supply and high demand from spot ETFs. JP Morgan CEO Jamie […]