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Floki Price Surges 100% as Burn Proposal Passes
2.3.2024
As reported last week, the burn removes 2% of the tokens from the circulating supply
Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC
2.3.2024
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However,...
Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s $600M Outflow — IBIT Now Holds 161K BTC
1.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its trading volume and inflow records this week. The fund’s...
Bitcoin Technical Analysis: BTC’s Bullish Rise Continues Amidst Market Optimism
1.3.2024
Over the past hour, as bitcoin’s value swings from $62,150 to $62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $55.41 billion over 24 hours and a market cap touching $1.21 trillion, bitcoin’s dominance in...
Peter Schiff Predicts Bitcoin ETF Bubble — Expects BTC to Crash When Gold Breaks Out
1.3.2024
Gold advocate and vocal bitcoin critic Peter Schiff has warned of a bubble in bitcoin exchange-traded funds (ETFs) that will burst when gold rallies. Schiff argues that gold will “inevitably” break out, and the price of bitcoin will crash as investors withdraw from bitcoin ETFs....
Mad Money Host Jim Cramer Expects Spot Ethereum ETF to ‘Bloom’ Soon
1.3.2024
Jim Cramer, the host of CNBC’s Mad Money show, believes that a spot ethereum exchange-traded fund (ETF) “will soon bloom.” He cited the immense success of spot bitcoin ETFs, which set several records this week, as the reason behind his statement. Jim Cramer on Spot Ethereum...
10 Bitcoin ETFs Smash Inflow and Trading Volume Records
29.2.2024
Ten new U.S. spot bitcoin exchange-traded funds (ETFs) have shattered both inflow and trading volume records. The 10 funds took in $673.4 million, with Blackrock’s Ishares Bitcoin Trust (IBIT) accounting for $612.1 million of the total inflow. The 10 bitcoin ETFs also set a new record...
The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices
29.2.2024
As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their historical peaks. The Herculean Task for Some of the...
Bitcoin Price Could Hit $250,000 ‘Sooner’ Than Expected, Says Bitwise CEO
29.2.2024
The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat into gold’s total addressable market “faster than people expect.” He opined: “Bitcoin...
Arweave and Aptos Lead Crypto Market Surge With Stellar Gains as BTC Nears All-Time High
28.2.2024
Bitcoin experienced a 6.8% increase on Wednesday, reaching a peak of $64,000. This upturn also propelled several other digital assets upwards, notably arweave (AR) with a 50.3% increase and aptos (APT) with a 23.5% appreciation against the U.S. dollar. AR, APT, FET, DOGE, PEPE, and ORDI Post...
CoinGecko API Expands On-Chain Data DEX Coverage to 2.2M Tokens Across 2.5M Liquidity Pools
28.2.2024
CoinGecko's new API provides real-time on-chain data for 2.2 million digital tokens across 2.5 million DeFi liquidity pools. The API covers 900 DEX platforms spread across 120 blockchain networks, including Uniswap, Curve Finance, Sushiswap, and Orca. Explore market data, crypto prices, and more...
Bitcoin Technical Analysis: A Series of Successive Gains Signals Strong Market Confidence
28.2.2024
As bitcoin weaves its way through the market’s intricacies, its pricing path exhibits an unyieldingly positive trend, marked by a train of successive increases. Reaching $59,992, the leading digital currency experienced a significant intraday journey, fluctuating between $56,383 and $59,992...
Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle
28.2.2024
Veteran trader Peter Brandt has provided an update on his bitcoin price prediction. He explained that the price target for “the current bull market cycle” scheduled to end in Aug/Sep next year has been raised from $120,000 to $200,000. Peter Brandt on Bitcoin Bull Market Cycle Peter...
Upbit’s Listing of Altlayer (ALT) and Pyth Network (PYTH) Sparks Double-Digit Surges in Prices
27.2.2024
South Korea’s leading crypto exchange, Upbit, added support for two alternative cryptocurrencies (altcoins) – Altlayer (ALT) and Pyth Network (PYTH). Since their listing, both altcoins have experienced significant double-digit price surges, reflecting the ongoing bullish momentum in the crypto...
9 Spot Bitcoin ETFs Break All-Time Daily Volume Record
27.2.2024
Nine recently launched spot bitcoin exchange-traded funds (ETFs) broke their all-time daily volume record on Monday as the price of bitcoin soared. “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” said a Bloomberg...
JPMorgan Says Bitcoin Halving and Ethereum Upgrade ‘Are Largely Priced In’
27.2.2024
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices...
FLR and UNI Spearhead This Week’s Crypto Gains as Token Economy Holds Above $2 Trillion
26.2.2024
In the last week, 23 cryptocurrencies experienced notable gains against the U.S. dollar, with flare (FLR) and uniswap (UNI) leading the charge. Concurrently, dymension (DYM) and helium (HNT) saw significant declines over the same period. FLR and UNI Lead Gains in a Diverse Week for Cryptos, Despite...
Ethereum Technical Analysis: Upper Resistance Tussle Puts Bulls on Pause
26.2.2024
Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages...
Bitcoin Technical Analysis: Oscillators and Moving Averages Paint a Complex Picture
26.2.2024
Amid shifting market sentiments, bitcoin’s market activity on Feb. 26, 2024, demonstrates both consolidation and fluctuation. Within the intraday, bitcoin’s value oscillated between $50,926 and $51,917, highlighting the persistent unpredictability of the crypto economy while...
Ether, Mantle Lead Crypto Majors as Bitcoin Traders See Prices Correcting to $48K
26.2.2024
“Without a bounce from here, we could see a deeper correction begin, potentially as low as $47,000-$49,000,” one trader said