Cryptocurrency

The cryptocurrency market is growing up in many ways. Right now, Bitcoin (BTC -18.58%) is rebuilding the sector dominance it lost in two sharp drops several years ago. Does that mean it’s high time to double down on the largest and oldest name in crypto or that investors should pick up undervalued altcoins at a discount? Or does the […]

Cryptocurrency markets are trading lower in sync with other financial markets as of 8/2/24 Friday afternoon 5pm. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,672 -1.1% Ethereum (CRYPTO: ETH) $3,013 -3.8% Solana (CRYPTO: SOL) $151.3 -6.8% Dogecoin (CRYPTO: DOGE) $0.1127 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001485 -2.2 Notable Statistics: IntoTheBlock data shows large transaction volume decreased by 23.6%, while daily active addresses increased by 2.8%. Notably, exchanges […]

Rich Dad Poor Dad author Robert Kiyosaki has declared that the stock market crash has arrived and “losses are substantial.” He stressed that the crash presents a lucrative opportunity for investors to buy assets at lower prices. Kiyosaki advised people to consider this downturn as a chance to get richer, predicting significant future gains in gold, […]

Jan van Eck, the CEO of VanEck, recently made some bold predictions about Bitcoin. He thinks Bitcoin might hit $350,000 in a near future. What makes him think that? Van Eck says Bitcoin could reach half of gold’s total market value. He also thinks Bitcoin’s future could be even brighter, with a potential price of […]

Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major Wall Street banks, CNBC has learned. The firm’s 15,000 or so financial advisors can solicit eligible clients to purchase shares of two exchange-traded bitcoin funds starting Wednesday, according to people with […]

Former President Donald Trump recently proposed using Bitcoin or a “crypto check” to pay off the United States government’s staggering $35 trillion national debt and avert a looming debt crisis In an interview with Maria Bartiromo of Fox News, the GOP’s 2024 presidential candidate praised the crypto industry and re-iterated his stance that if America […]

Bitcoin dropped by $2,300 one hour after the Wall Street opening on Aug. 2, reaching $62,368 on Coinbase. Bitcoin price has seen little change, rising 1% over the last 24 hours to trade at $63,252. BTC/USD hourly chart. Source: TradingView This sell-off has seen the price lose key support levels: the 50-day exponential moving average (EMA) at $64,300 […]

The crypto market has recently faced increased volatility, particularly due to decisions made by the United States Federal Reserve (Fed). The price of bitcoin (BTC) hit a two-week low, despite speculation about a potential interest rate cut. Bitcoin’s Mixed Reaction to Fed Announcements The latest session of the Federal Reserve resulted in no changes to […]

Traders and market analysts are divided over Bitcoin’s next potential macro top, which could reach $120,000 according to more bullish estimates. Can Bitcoin get a weekly close above the $71,500 mark? Can Bitcoin’s price top surpass $120k? Bitcoin’s price could be on track to the next leg up in the bull cycle, which could see […]

Business intelligence firm MicroStrategy purchased an additional 12,222 Bitcoin for $805 million in the second quarter of 2024, bringing its total Bitcoin holdings to 226,500 BTC worth around $14.7 billion at current prices. In its Q2 earnings call, MicroStrategy posted significant losses of $5.74 per share on a quarterly revenue of $111.4 million, a 7% decline year-over-year. […]