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2024 Crypto Economy Forecast — Bitfinex Researchers Predict $3.2 Trillion Market Cap Amid Rising Adoption
23.12.2023
As 2024 approaches, Bitfinex market strategists have expressed optimism for bitcoin (BTC) and crypto assets in general, acknowledging their resilience amid regulatory and reputational challenges. The crypto market, according to Bitfinex analysts, is oscillating between bouts of greed and regulation...
Solana (SOL) Flips BNB, Gains 17% in 24 Hrs to Become Fourth Largest Crypto
22.12.2023
Solana. Source: Adobe The price of Solana (SOL) gained as much as 17.15% within the last 24 hours in a massive rally to become the fourth largest crypto in terms of market cap. As of writing, SOL is trading at $98.63, boasting a market capitalization of nearly $42 billion. This surge propels Solana...
Ethereum Will Continue Losing Ground To Bitcoin: Glassnode
21.12.2023
Source: Pixabay / vjkombajn The price of Ethereum (ETH) has continuously lost ground to that of its older brother, Bitcoin (BTC), throughout the year – and on-chain data suggests it will continue to do so. As of Thursday, Bitcoin’s market cap dominance stood at 53.3%, versus Ethereum’s 16.7%. A...
Stablecoin Dominance Hits Lowest Since December 2021 Despite Record Monthly Supply
21.12.2023
Source: AdobeStock The entire stablecoin market cap dominance fell to 8.07% in December, recording the lowest market share since December 2021, despite adding the largest monthly supply last month since February 2022. The total market capitalization of stablecoins rose 3.43% to $128 billion...
Bitcoin’s Market Cap Increased by a Peak of 172% in 2023 + More News
20.12.2023
Source: AdobeStock / Coloures-Pic Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin’s Market Cap Increased by a Peak of 172% in 2023 Bitfinex Securities Facilitates $5.2M...
Bitcoin Price Prediction as BTC Rises 5.30% to $43,000 – Can It Sustain This Growth?
20.12.2023
In the dynamic world of digital currencies, Bitcoin (BTC) has once again made headlines with a remarkable surge, surpassing the $43,000 threshold. This leap contributes to a significant uptick in the global crypto market cap, which now stands at an impressive $1.61 trillion, marking a 3.82%...
South Korean Analysts: Global Crypto Market Cap to Hit $5T in 2024
19.12.2023
Source: ArtDown/Adobe South Korean crypto market analysts think the worldwide crypto market cap could hit the $5 trillion mark in 2024 as global adoption continues. Per Hanguk Kyungjae, the claims were made in a report published by the Korbit Research Center, part of the Korbit crypto exchange...
Bitcoin Price Prediction as VanEck’s CEO Says BTC Will Hit All-Time High Within 12 Months – Time to Buy?
18.12.2023
Bitcoin (BTC), the world’s most valuable cryptocurrency, experienced a downturn over the weekend, falling to the $41,000 range. This decline is part of a broader trend that saw the global crypto market cap drop by over 8% in 24 hours, standing at $1.46 trillion. The market’s...
FDUSD Rockets to $1.6B Market Cap, Becoming Fifth Largest Fiat-Pegged Crypto Amid Binance Concentration
17.12.2023
In the fortnight since Dec. 2, 2023, the stablecoin asset first digital usd (FDUSD) experienced a notable expansion, increasing its supply by 690 million coins. As of Dec. 17, 2023, this surge has elevated its market capitalization to a significant $1.61 billion. This period witnessed...
Bitcoin Price Prediction as Gary Gensler Says SEC Taking ‘New Look’ at Spot BTC ETFs – Approval Coming?
15.12.2023
In the dynamic landscape of cryptocurrency, Bitcoin, the pioneering digital currency, has recently seen a downturn, slipping below the $43,000 threshold. This decline aligns with the broader crypto market, which witnessed a 0.25% drop in its global market cap, now standing at $1.61 trillion. This...
Binance to List Meme Coin BONK Under Seed Tag Section, Price Up 115% in 24 Hours
15.12.2023
Source: Binance After Coinbase, Binance has announced to list hyped meme coin BONK under seed tag section. The trading for the Solana-based meme coin will open at 16:00 Beijing time. The price of BONK is up over 115% in the last 24 hrs and over 1100% in the last 30 days. With a market...
Experts reckon this token will beat Solana’s (SOL) market cap
15.12.2023
Retik Finance (RETIK) is a Decentralized Finance (DeFi) project poised to outpace Solana (SOL) in market capitalization. As industry experts weigh in on the potential of these blockchain platforms, Retik Finance stands out with its innovative approach and commitment to inclusivity. At the core...
Dogecoin Price Prediction as Avalanche Overtakes DOGE in Crypto Rankings – End of Meme Coins?
14.12.2023
The Dogecoin price has bounced by 5.5% in the past 24 hours, hitting $0.097478 as the wider market also enjoys a 5.5% gain today. Despite this rise, Avalanche (AVAX) has actually leapfrogged DOGE today in the market cap rankings, even though the meme token is up by 19% in a fortnight and by 31%...
World’s Largest Oil Company Saudi Aramco Partners With SBI Holdings to Potentially Invest in Digital Assets
13.12.2023
Saudi Aramco, the largest oil and gas company by market cap, has partnered with SBI Holdings, a financial services group in Japan, to explore a potential collaboration for investing in digital assets. SBI also contemplates the launch of a subsidiary in the Middle East to expand its influence in...
Meme Coin Rebel Satoshi Smashes Through Round 1 Presale in 10 Days
12.12.2023
PRESS RELEASE. Rebel Satoshi, the meme coin on a community-driven mission to unite the silent majority and secure a $100 million market cap, has smashed through its first two fundraising rounds and attracted $500,000 since November 5th. The Early Bird Round sold out in 3 weeks with Rebels Round...
Shiba Inu Price Prediction as Market Cap Nears $6 Billion – Can SHIB Overtake DOGE?
11.12.2023
The Shiba Inu price has dipped by 3% in the past 24 hours, slipping to $0.00000970 today as the wider market also falls by 3%. SHIB has now gained by 4% in a week and by 16% in the past fortnight, with today’s misstep doing little to alter its overriding trajectory at the moment. Indeed...
Ethereum Technical Analysis: ETH Bulls Continue to Break Upper Resistance Levels
8.12.2023
On Friday, December 8, 2023, ethereum’s trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether’s market cap of $283 billion, accompanied by a strong 24-hour trading...
Tether’s Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets
7.12.2023
Tether, the leading stablecoin by market capitalization, has seen its supply increase by 5.5% in the last month, achieving a significant market valuation of $90 billion. Since 2015, Tether’s Market Cap Has Swelled by 35,912,812% Since the dawn of 2023, tether (USDT) has experienced...
Bitcoin (BTC) Market Cap Bigger Than Berkshire Hathaway And Tesla; This New Altcoin Has A Trillion Dollar Market In Its Sight
7.12.2023
The crypto market has been bullish lately. The biggest cryptocurrency, Bitcoin (BTC), has been performing quite well. However, amidst the market dominance of Bitcoin, a new project, Everlodge, has become a favorite among investors. It has captured massive attention for its growth potential...
Bitcoin Technical Analysis: BTC Retraces at Formidable $44,500 Resistance Barrier
6.12.2023
As bitcoin’s price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal caution. Bitcoin Bitcoin’s (BTC) market...