Bitcoin has reached a significant milestone, with its market capitalization surpassing $1 trillion. This achievement solidifies Bitcoin's position as a major player in the financial world. Over the past two weeks, Bitcoin's value has climbed by an impressive 20%, culminating in today's surge to levels unseen since December 2021.
PEPE, the Ethereum-based meme cryptocurrency inspired by the iconic Pepe the Frog character, has been listed on the major crypto exchange Bitstamp.
Founder of SkyBridge Capital Anthony Scaramucci has taken to Twitter to draw attention to the fact that BlackRock's Bitcoin inflows have reached a new high. According to Scaramucci, BlackRock's spot-based Bitcoin ETF, IBIT, has seen inflows of $5 billion, surpassing the $3 billion mark within the first month of its launch.
An enormous volume of Shiba Inu tokens, amounting to a colossal 3.2 trillion SHIB, has been transferred within just 24 hours. This significant movement of tokens has caught the attention of the cryptocurrency community, sparking speculation about its potential implications.
Bitcoin ETFs have witnessed a remarkable surge in investment activity, with a substantial influx of $631 million reported in the past 24 hours. According to data from BitMex Research, eight Bitcoin ETFs collectively accumulated 12,736 BTC during this period, indicating a significant uptick in investor interest.
Bitcoin (BTC) has once again made headlines by surpassing the $50,000 threshold, trading at $51,186. This represents a 2.19% increase in the last 24 hours and a significant surge of 19.23% over the past week.
Shiba Inu's blockchain solution, Shibarium, has recently observed a substantial surge in online engagement, indicating multiple-digit growth within a 24-hour period. The platform's metrics reflect a notable uptick in user participation, underscoring its growing prominence within the crypto community.
Ethereum traders are noticing a possible bearish reversal pattern on the ETH chart. The pattern, known as a double top, consists of two consecutive peaks at similar price levels, separated by a moderate trough. This pattern suggests that the bullish momentum is weakening and that the bears may soon take control.
In a recent tweet, a member of the crypto community unveiled a groundbreaking theory concerning the stock float compression of MicroStrategy (MSTR). The individual elaborated on what they termed the "compression multiple theory," drawing parallels between the trading dynamics of GameStop (GME) during the 2021 short squeeze and the current situation with MSTR.
In the latest market update, CoinStats reports that buyers continue to hold the upper hand in the Bitcoin market. However, there are some bearish signals that traders should be aware of.
The XRP price has recently experienced a rally, joining the broader crypto market. It has successfully moved out of the bear zone, with a 1.3% increase at the time of writing, reaching $0.5197. Over the past week, XRP has not only erased its losses but also gained 3.85%. This has helped trim its monthly loss to 9.2%.
According to Reuters, billionaire Peter Thiel's venture capital firm, Founders Fund, is once again investing in Bitcoin and Ethereum, indicating a resurgence of interest in the cryptocurrency markets in Silicon Valley.
VC investor and Bitcoin podcaster Anthony Pompliano has made a bold prediction about the future price of Bitcoin. Contrary to popular belief, Pompliano believes that the recent surge to $50,000 is not the end for the flagship cryptocurrency. In fact, he asserts that the price of Bitcoin has to go even higher.
Legendary Bitcoiner, macro economist, and investor Tuur Demeester, editor-in-chief of Adamant Research, has shared some details about the upcoming bull market. In this article, we will explore why this bull market will be different from the 2021 rally.
In the latest market update, it has been observed that bulls are still in control of the market, as reported by CoinMarketCap. This article provides an overview of the top coins and their recent performance.
Cardano founder Charles Hoskinson recently announced the upcoming Plutus V3 upgrade for the Cardano network. This significant upgrade, set to accompany the Chang hard fork, brings a host of improvements to Cardano DApps and blockchain interoperability.