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Bitcoin Price Prediction: Where is the Next BTC Target as $25 Billion in Trading Volumes Flood In?
30.6.2023
Bitcoin saw a spike in trading volumes on Friday, which have exceeded $25 billion in the past 24 hours as per CoinGecko.
The spike in trading activity came as Bitcoin dipped back to test the $30,000 level from above $31,000 on a WSJ report that the SEC had informed spot bitcoin ETF applicants that...
Web3 mass adoption: How Web3 can onboard the next billion users
30.6.2023
By conquering these hurdles, we can help kickstart mass adoption while still maintaining the original decentralized spirit of Web3
Why approving a Bitcoin ETF might unleash $18 billion in sell-pressure
30.6.2023
Grayscale GBTC Trust conversion to an ETF will unlock a potential sale of up to $18 billion in Bitcoin
Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Thursday, Following Microstrategy’s Latest Purchase
29.6.2023
Bitcoin rebounded on Thursday, as markets reacted to the news that Microstrategy bought an additional $374 million worth of the cryptocurrency. Michael Saylor’s firm now has 152,333 bitcoin, worth roughly $4.52 billion. Ethereum moved closer to $1,900 on the news. Bitcoin Bitcoin (BTC) edged...
Ethereum Price Prediction: ETH Up 0.5% with $6 Billion Trading Volume – Are Whales Accumulating?
29.6.2023
The Ethereum price has risen by 0.5% in the past 24 hours, reaching $1,866 as the cryptocurrency market enjoys a similar gain today.
ETH is now down by 2% in a week but up by 14% in the last 14 days, with the market's biggest altcoin also increasing by 56% since the beginning of the year....
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Bitcoin Price Prediction as Daily Trading Volume Surpasses $10 Billion and Pushes BTC Into the Green – Is the Bear Market Over?
28.6.2023
As Bitcoin's (BTC) daily trading volume soars above the $10 billion mark, pushing the price of Bitcoin, the world's largest cryptocurrency, into positive territory, the persistent question arises: has the bear market ended?
Amidst this momentum, an intriguing development in the form of a surge...
MicroStrategy Acquires Additional $347 Million in Bitcoin, Total Investment Surpasses $4.5 Billion
28.6.2023
Michael Saylor's MicroStrategy has added an additional 12,333 Bitcoin to its portfolio, in the last two months.
According to a company report, MicroStrategy, together with its subsidiaries, bought the asset between April 29 and June 27, for approximately $347.0 million in cash, at an average price...
Three Arrows Capital Founders Face $1.3 Billion Claim from Liquidators
28.6.2023
The founders of the now-bankrupt crypto hedge fund Three Arrows Capital, also known as 3AC, are facing a $1.3 billion recovery claim from the fund’s liquidators.
The liquidators, who are also partners at the consulting and advisory firm Teneo, have accused the firm’s co-founders Su Zhu and Kyle...
Pepe 2.0 Price Pumps 54,000%, Aims for $1 Billion Market Cap – Buy This Next Big Thing or Wall Street Memes?
28.6.2023
If you missed Pepe then Pepe 2.0 could be the coin for you as its price pumps 54,000%.
Launched yesterday (Tuesday June 27) at 22:00 UTC, the new meme coin promises to "make things right".
The anonymous team behind the coin say they want to avoid the mistakes of Pepe's earlier self, which they...
Under New Leadership, FTX Recoups $7 Billion Amid Recovery Efforts
27.6.2023
The new leadership team at FTX has recouped approximately $7 billion in liquid assets as the exchange continues recovery efforts.
The company has revealed that it has made “substantial progress” in securing assets, recovering as much as $7 billion in liquid assets so far.
The exchange owed...
Bitcoin Price Prediction as $10 Billion Trading Volume Floods In On the Weekend – Are Whales Buying?
25.6.2023
Bitcoin has experienced a significant surge, reaching the $31,250 level and marking a nearly 15% increase in its value.
This dramatic uptrend has caught the attention of investors and analysts alike, leading to speculation about continuing this bullish trend.
With a massive influx of trading...
Bitcoin Cash Price Prediction as $1.2 Billion Pushes BCH Up 75% in a Week – What's Going On?
25.6.2023
Bitcoin Cash (BCH) has witnessed an extraordinary price surge, soaring by 75% in a mere week. This notable ascent has been accompanied by a substantial inflow of $1.2 billion in trading volume.
Bitcoin Cash's recent remarkable upward trend can largely be attributed to its listing on the...
Institutional Interest Fuels Crypto Rally as Market Adds $110 Billion in 7 Days
23.6.2023
During the past week, crypto assets increased in value by 9.62%, rising from $1.10 trillion to the current $1.21 trillion. Apart from the listed stablecoins, the top 20 crypto assets by market capitalization all experienced gains this week, as $110 billion was injected into the crypto economy....
It’s Game On for Web3: How Gaming Will Onboard a Billion People
22.6.2023
While other industries like entertainment and loyalty programs have the potential to onboard millions of new users into Web3, gaming provides fertile ground for the seeds of mass adoption. Gamers are already familiar with virtual currency and understand how to buy and earn in-game assets. And while...
Billion Dollar Crypto Payments Firm Wyre to Shut Down Amid Market Conditions
20.6.2023
Crypto-based payments firm Wyre is shutting down its business, citing “market conditions” and a need to protect the interest of stakeholders and customers.
The news of the shut-down came in the form of a tweet published on Friday, where the company stressed that the decision was purely...
Argentina Settled Almost 20% of Its Imports in April and May Using the Chinese Yuan
20.6.2023
The government of Argentina has noted that 19% of all imports authorized in the national system were settled using the Chinese yuan in April and May. $2.72 billion in Chinese yuan were approved to complete these payments, taking advantage of the Chinese swap line to preserve the dollar reserves...
TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins
20.6.2023
Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment...
Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked
18.6.2023
On June 18, 2023, the total value locked (TVL) in decentralized finance (defi) protocols has been rangebound and hovering at just above the $42 billion range. Presently, Lido Finance dominates the value locked in defi with $12.69 billion or 29.76% of the aggregate. During the last month, the...
Binance BUSD Drops $1 Billion in Market Cap, Falls to Fourth Among Stablecoins – What's Going On?
18.6.2023
Binance-branded BUSD stablecoin has lost another $1 billion in market cap, descending to the fourth position among stablecoins.
The Binance USD (BUSD) stablecoin currently has a market cap of around $4.3 billion, down from $5.5 billion a month ago, data by CoinMarketCap shows.
This places BUSD...
DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization
17.6.2023
Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4.304 billion. DAI’s market valuation on Friday, June 16, 2023, is approximately $4.394 billion, but the number of circulating...