Crypto News
The Astonishing Resurgence of Sleeping Bitcoin: Worth $613M Shifts in December After Years of Dormancy, Fueled by Record High Prices
The Rise of Bitcoin: A Historic Milestone Unprecedented Growth in the Cryptocurrency Market During the first week of December and the last month of the year, the leading cryptocurrency bitcoin crossed the $100,000 mark for the first time in history. Two weeks later, its value climbed past the $108,000 range. This surge in value left…
Uncovering the Truth: Why Michael Saylor’s Ethereum Criticism Falls Short
In a surprising twist, Michael Saylor, the once staunch Bitcoin (BTC) maximalist and MicroStrategy (NASDAQ: MSTR) former CEO, has acknowledged his misjudgment regarding Ethereum (ETH). A Change of Heart In the past, Saylor said in an interview to the Bitcoin Magazine that “there is no second best” to Bitcoin in multiple financial categories – an…
Unlocking the Potential of XRP: A Comprehensive Analysis of Historical Price Alignments Leading to a $15 Valuation
Welcome to our Blog! XRP Price Analysis In a technical analysis shared by crypto analyst Bobby A on X, the analyst projects that XRP will potentially reach the $15 mark in this bull run, contingent upon historical price movement patterns aligning. The analysis delves into XRP’s past market cycles, applying percentage-based extrapolations and chart pattern…
ICO Whale Emerges After 9.4 Years: Transfers $2.14 Million in ETH to Coinbase
An Ethereum Whale Resurfaces and Moves $2.14 Million to Coinbase What Happened? An early Ethereum investor that participated in the network’s initial coin offering (ICO) back in July 2015 has resurfaced after remaining dormant for 9.4 years. This whale recently moved around $2.14 million worth of the cryptocurrency to Nasdaq-listed cryptocurrency exchange Coinbase. According to…
Crypto Currencies Stay Still on New Year’s Eve: Bitcoin, Ethereum, XRP, and Dogecoin
Cryptocurrency markets trading relatively flat on New Year’s Eve Bitcoin netflows significantly lower Cryptocurrency prices: Bitcoin (CRYPTO: BTC) $93,826 -0.5% Ethereum (CRYPTO: ETH) $3,354 -1.0% Solana (CRYPTO: SOL) $195.05 +0.8% XRP (CRYPTO: XRP) $2.09 +0.4% Dogecoin (CRYPTO: DOGE) $0.3184 +0.2% Shiba Inu (CRYPTO: SHIB) $0.00002124 -1.1% Notable Statistics: IntoTheBlock data shows large transaction volume increasing…
2024: The Rise of Fiat-Pegged Economy and the Soaring Market of Stablecoins – Tether’s Dominance and the Emergence of New Players
Bitcoin Surpasses $100,000 Mark: The Rise of Stablecoins The Crypto Economy is Booming With bitcoin (BTC) cruising past the $100,000 mark and the crypto economy swelling dramatically in value this year, multiple sectors saw significant expansion. Stablecoins, a major player in the digital asset realm, now exceed $200 billion in total valuation, reflecting a $73…
Bitcoin Skyrockets Above $95,500 on 2024 Closing Day: What’s Next for Cryptocurrency?
Bitcoin’s Potential as an Attractive Buy: Exploring the Cryptocurrency Community’s Perspective What the Numbers Say Bitcoin (CRYPTO: BTC) may have closed December with a 1.3% decrease, but the cryptocurrency community remains optimistic about its future. Prominent whale trader Abetrade recently pointed out that Bitcoin’s spot order books are currently showing more bids than asks, a…
Shiba Inu: The Final Crucial Test for 2024 as $280 Million Market Sell-Off Looms
Shiba Inu (SHIB) Faces Crucial Moment as 2024 Comes to a Close The Current State of SHIB As 2024 draws to a close, the popular dog-themed cryptocurrency Shiba Inu (SHIB) finds itself at a pivotal moment. The overall cryptocurrency market is experiencing a significant sell-off as traders reevaluate their positions heading into 2025. In the…