Happy Birthday Dogecoin! If You Invested $100 In Meme Crypto When Elon Musk First Tweeted About It, Here’s How Much You’d Have Today
Started as a joke in 2013, meme cryptocurrency Dogecoin (CRYPTO: DOGE) is now one of the most valuable cryptos and enjoying a strong 2024 thanks to the sector seeing valuations rise after the 2024 presidential election. As Dogecoin celebrates its 11th anniversary on Dec. 6, here’s a look back at...
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Dogecoin Price Follows Bitcoin Trajectory: DOGE Can Hit $0.569 If This Happens
As Bitcoin continues to attract major inflows from institutional investors, the Dogecoin price is on the move as it is increasingly becoming the go-to cryptocurrency for retail investors. Interestingly, Dogecoin’s price performance has also largely correlated with the Bitcoin price. As such, Bitcoin’s recent break above the $100,000 price level...
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Ethereum Breaks $4,000: Could It Make A New All-Time High In 2024?
Ethereum (CRYPTO: ETH) on Friday crossed the $4,000 threshold for the first time since March, signaling renewed investor confidence as institutional interest in the cryptocurrency grows. The surge is closely tied to record-breaking inflows into U.S. Ethereum spot ETFs, which have simplified access to the asset for institutional players....
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Bitcoin’s Thursday Flash Crash Wiped Out $500 Million: What’s Driving The Volatility?
Bitcoin‘s (CRYPTO: BTC) volatile trading around the $100,000 mark has sparked heated debate about what it driving the increased volatility. What Happened: On Thursday, Bitcoin reached $103,000 before experiencing a sharp flash crash to $92,000, driven by aggressive profit-taking and cascading liquidations in an overheated derivatives market. According to...
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Ex-Goldman Sachs CEO Believes Bitcoin Could Rival US Dollar As Reserve Currency
In a post shared on Thursday via X, Lloyd Blankfein, the former Chief Executive Officer of Goldman Sachs, acknowledged a potential competitive dynamic between Bitcoin and the US dollar in the context of global reserve currencies. Blankfein, who previously held skeptical views on digital assets, acknowledged that BTC’s growth...
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FLOCKERZ Flies High As HAWK Falls 95%
Fraud or just another influencer-led meme coin gone bad? That’s the painful question investors are facing in the aftermath of the HAWK meme coin two days ago. But did Haliey Welch and her team pull a classic rug pull, or was this simply the impact of FUD hitting a...
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EXCLUSIVE: Bitcoin Briefly Tops $100,000, But Where Do Benzinga Readers Predict It Will Finish 2024?
Leading cryptocurrency Bitcoin (CRYPTO: BTC) passed the $100,000 milestone on Wednesday, Dec. 4 and reached new all-time highs since Donald Trump won the 2024 presidential election. Benzinga readers predict the cryptocurrency will close out 2024 over the $100,000 level. What Happened: Bitcoin has had a wild year with the...
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GME Spikes 59% As Roaring Kitty Returns to X, the Altcoin Season Is On – Will STARS Capitalize On This Rally?
Financial analyst Keith Gill, known as Roaring Kitty on YouTube, made a comeback on social media after three months of silence. In response, GME, AMC, and ROAR tokens, all inspired by 2021 GameStop’s short squeeze, spiked by over 50% in 24 hours. Degens Celebrate Kitty’s Return With a Short...
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Major Banks Advance Blockchain Use With Digital Cash, Stablecoins
Two of the world’s largest financial institutions, Citi and Société Générale, are making strides in blockchain technology and unveiling new initiatives that could reshape traditional banking processes. During a recent panel at Benzinga’s Future of Digital Assets event, Citi’s Ioana Niculcea and Société Générale’s Thomas Sullivan shared their companies’...
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Bitcoin Market Sees Strong Confidence Among Short-Term Holders Amid Growing Prices
Investors and traders are engaging with Bitcoin following its remarkable price growth in the past few weeks, cementing its position as the leading digital asset in the crypto market. However, reports show that this robust optimism is spotted mainly among BTC’s short-term investors. Bullish Sentiment Shifts Toward Bitcoin’s Short-Term...
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