Month: November 2024

Block Inc. (NYSE:SQ) CEO Jack Dorsey reiterated the company’s exclusive focus on Bitcoin (CRYPTO: BTC), intending to make the cryptocurrency the centerpiece of its financial services operations. What Happened: During the company’s third-quarter earnings calls on Thursday, Dorsey stated that Block’s Bitcoin-centric strategy was driven by the desire to...

Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time over his supposed involvement with the failed FTX...

Cardano (CRYPTO: ADA) raced past Bitcoin (CRYPTO: BTC) to become the week’s best performer after a searing double-digit rally on Thursday. What happened: ADA spiked over 10% in the last 24 hours to reach its highest level since July 23. The rally catapulted the coin to the second spot...

On-chain data shows the exchanges have just received large stablecoin inflows, something that could end up benefiting the Bitcoin rally. Stablecoin Exchange Inflows Have Spiked Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Inflow for stablecoins has registered a sharp jump. The “Exchange...

Detroit is set to become the first major U.S. city to accept cryptocurrency for taxes and other city fees, top officials from the city said in a Thursday press release. What Happened: Residents would have the option to use cryptocurrencies to pay for utilities through a secure platform managed...

Bitcoin tapped an all-time high, and Ethereum soared as the Federal Reserve’s latest quarter-point rate cut boosted market momentum on Thursday. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.46% $76,365.42 Ethereum (CRYPTO: ETH)                +8.52% $2,938.85 Dogecoin (CRYPTO: DOGE)           -0.92% $0.1943 What Happened: The world’s...

Bitcoin is currently riding the bullish wave in the midst of growing market optimism, which has caused the largest crypto asset to reach a new all-time high. However, a crypto analyst has warned that BTC’s price rally may not be favorable to late investors, suggesting a strategic approach from...

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Crypto analyst Ali Martinez has predicted that the Dogecoin price could rise to $23 in this market cycle. Interestingly, the analyst alluded to the role that the world’s richest man, Elon Musk, can play in sparking this price rally.  Dogecoin Price To Reach $23 This Cycle In an X...

Bitcoin briefly hit a fresh all-time high of $76,872 on Thursday before retreating, with financial markets continuing their rally in the wake of Donald Trump winning a second term in office. Cryptocurrency Price     Gains +/- Bitcoin (CRYPTO: BTC)  $75,723.12 -0.3% Ethereum (CRYPTO: ETH)  $2,879.34  +7% Solana (CRYPTO: SOL)  $195.34...