Cryptocurrency

Bitcoin price has done modestly well this week as it soared to $66,000, rising to its highest level since July 31. Bitcoin moves into bull market Bitcoin btc-0.09%Bitcoin recovery coincided with the surge of the most risky assets like altcoins and equities. The Dow Jones and the S&P 500 index have jumped to a record high, while […]

Looking for a more affordable way to invest in Bitcoin? The iShares Bitcoin Trust ETF (IBIT) offers exposure to the cryptocurrency with several key benefits, including a lower price point. The crypto market is poised for serious price gains over the next year or two. In particular, many investors look forward to a significant price […]

Bitcoin (BTC) surged past $65,000, holding steady at $65,580 amid a 3% rally, as experts point to easing monetary policy, China’s stimulus, and increasing on-chain activity as key drivers for the current momentum. Analysts now suggest a fourth quarter rally is likely, with targets set for $70,000 in the near term. Ethereum (ETH) also followed […]

Binance founder Changpeng Zhao was released early from custody on Sept. 27, and the price of Bitcoin and Binance’s BNB token dipped slightly since the start of the trading day. According to a previous Forbes report, Zhao holds 64% of the total BNB supply, placing the entrepreneur’s net worth around $61 billion in June 2024 and […]

American investors appear to be regaining their appetite for risk, as new exchange-traded funds (ETFs) giving a leveraged position to MicroStrategy stock are booming. MSTX, which launched in August, now has $357.6 million in assets under management. The fund aims to give investors daily leveraged investment results of 1.75 times (or 175% of) the daily […]

The chances of a bully rally in the highly anticipated fourth quarter are strong following Bitcoin’s return above the $65,000 price level, according to a crypto analyst. “The likelihood of a Q4 rally is exceptionally high, with gains likely front-loaded,” 10x Research head of research Markus Thielen stated in a Sept. 27 report viewed by […]

According to a Chainalysis report, the Middle East & North Africa (MENA) region has emerged as a significant player in the global crypto market, ranking seventh globally with $338.7 billion in on-chain value received between July 2023 and June 2024. Türkiye leads the region, driven by high consumer engagement and stablecoin adoption amidst inflation, while […]

Bitcoin’s price dropped to $62,705 in the early hours of Sept. 26, causing bulls to temporarily lose hope after the third rejection at the $64,000 resistance level in just four days. However, the tide shifted as the United States stock market opened, propelling the S&P 500 index to a new all-time high. Bitcoin soon followed, […]

JPMorgan & Chase (NYSE:JPM) CEO Jamie Dimon is among the finance executives who have vocally opposed the cryptocurrency sector over the years. While Dimon’s stance has changed slightly with JPMorgan now owning Bitcoin through ETFs, his comments about the death of the cryptocurrency sector live on. What Happened: Dimon likely made some enemies in the cryptocurrency […]

Bitcoin has achieved significant success since its inception, but some within the community remain concerned about its future. On Sept. 14, a Redditor on the Bitcoin subreddit appealed to the community with a question on the most legitimate concerns about the future of BTC. What scares you the most about Bitcoin’s future? Source: Reddit The response,”‘I don’t […]