Volatility continues to be the name of the game in cryptocurrencies and today is no different. But unlike most of 2024, the market is working against investors today. As of 1:45 p.m. ET, the value of Bitcoin (CRYPTO: BTC) has dropped 2.8%, Ethereum (CRYPTO: ETH) is down 5.2%, and Bonk (CRYPTO: BONK) has fallen 9.4%. The move was impacted by a long holiday weekend in parts […]
Cryptocurrency
Critics Become Obsessed With New A.i Driven Token, Positioned To Challenge Bitcoin (BTC) and Ethereum’s (ETH) Market Cap Holdings
The cryptocurrency realm is witnessing an unprecedented phenomenon: a surge of fascination from both enthusiasts and skeptics alike for Option2Trade (O2T), a new artificial intelligence-driven token. This burgeoning interest is not merely about the technology behind O2T but its potential to rival the market cap holdings of giants like Bitcoin (BTC) and Ethereum (ETH). Initially […]
What are Bitcoin whales and how to spot them?
What are Bitcoin whales? Bitcoin whales are people or organizations with substantial Bitcoin holdings who are capable of influencing the market through their trading tactics. The term “Bitcoin whale” is colloquially used to denote a holder with a significant stake compared to smaller participants, often referred to as “smaller fish” within the market. The owner […]
Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into the arena since then. Leading the pack in supply growth for March was Ethena’s USDE, soaring by 194.9% over the last 30 days. Top Dollar-Pegged […]
Solana Foundation Asserts Core Network Should Be Permissionless Regarding Offensive Meme Coin Issues
The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that the core components of Solana should be permissionless while blocking some of these offensive assets should be left to individual applications. Solana Unlikely to Deal […]
Bitcoin price edges toward Q2 at $70K with all-time highs a key focus
Bitcoin returned to $70,000 after the March 29 daily close as traders counted down the final hours of a roaring Q1. BTC/USD 1-hour chart. Source: TradingView Fed’s Powell reinforces “careful” position on rate cuts Data from Cointelegraph Markets Pro and TradingView showed old all-time highs at $69,000 forming tentative BTC price support into the weekend. Bitcoin gained around $1,000 […]
Bitcoin could soar to $150,000 this year, hedge fund manager Mark Yusko predicts
Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000. “Get off zero,” the Morgan Creek Capital Management CEO and chief investment officer told CNBC’s “Fast Money” this week. Yusko thinks investors should have at least 1% to 3% allocated to bitcoin in their portfolios. “Bitcoin is the king. […]
Are Spot Bitcoin ETFs Just the Beginning for Wall Street?
The success of the new spot Bitcoin ETFs could unlock a new era of blockchain-based investment opportunities. The new spot Bitcoin (BTC 0.15%) ETFs are arguably one of the most important product launches on Wall Street in the past 30 years. In less than three months, they have already attracted nearly $30 billion from investors, and daily inflows on […]
Despite Warren Buffett’s Warnings Calling Bitcoin ‘Rat Poison,’ Berkshire Hathaway Continues Profiting Off Crypto
Though many of the top asset managers and investors are investing in, or at least open to crypto and Bitcoin, a few remain hesitant to adopt the asset. Most prominent among the anti-Bitcoin camp is legendary investor Warren Buffett. Buffett’s strategy of investing in solid companies that continuously generate cash and value has been hugely […]
Bitcoin to $100K price prediction NEEDS this – Galaxy Digital’s Novogratz
2024 has proven to be a remarkable year for Bitcoin [BTC], with prices rallying up before the halving event. On the contrary, historical patterns indicate a bullish trajectory for the cryptocurrency post-halving. On the 29th of March, Mike Novogratz, the CEO of Galaxy Digital, spoke at the Bitcoin Investor Day in New York about the dire condition […]
