Month: November 2024

As Bitcoin is regaining significant upward strength, a notable trend has been spotted among long-term holders as indicated by a huge drop in the average age of wallets holding BTC. The trend demonstrates shifting market dynamics, prompting the modification of positions by retail and institutional players in anticipation of...

As U.S. markets paused for Thanksgiving, European equities staged a rebound on Thursday, snapping a three-day losing streak. Lower-than-expected consumer inflation data from Germany rekindled optimism for more aggressive rate cuts by the European Central Bank (ECB). Germany’s annual inflation rate edged higher, rising from 2.0% in October to...

Ethereum (CRYPTO: ETH) has outperformed Bitcoin (CRYPTO: BTC) in several key metrics over the past week, signaling a potential shift in market dynamics, according to a Bybit and Block Scholes report. What Happened: This trend comes amid the announcement of SEC Chair Gary Gensler‘s planned departure in January 2025,...

Scroll’s native SCR token dropped roughly 32% on day one of trading after a controversial airdrop....

Chris Burniske, a prominent voice in the crypto space and partner at Placeholder VC, dismissed the idea of a Bitcoin (CRYPTO: BTC) “supercycle,” labeling it a “collective delusion.” What Happened: In a detailed thread on X on Wednesday, Burniske warned investors against the belief that Bitcoin’s bull markets will...

Apple Inc. (NASDAQ:AAPL) and NVIDIA (NASDAQ:NVDA) are seen as the top contenders for the title of the world’s largest company by the end of 2024, according to Polymarket traders. Apple leads with a 55% probability of holding the top spot, while NVIDIA trails at 40%. Microsoft (NASDAQ:MSFT), once a...

In a research note titled “Bitcoin’s Road to $100K – Tear Down This Wall,” Alex Thorn, Head of Firmwide Research at Galaxy Digital, provides an analysis of Bitcoin’s recent performance and the factors influencing its trajectory toward the $100,000 milestone. Bitcoin has not traded below $90,000 for the past...

Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong has criticized Senator Elizabeth Warren (D-Mass.), calling her a “liability” to the Democratic Party and accusing her of being complicit in attempts to undermine the cryptocurrency industry. What Happened: Armstrong’s comments came in response to a tweet from Elon Musk, referring to venture...

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