Month: December 2024

The price of Bitcoin (BTC) has dipped by 1.66% in the last day after failing to break past $102,000 on Friday. Currently, the crypto market leader seems to be in consolidation, with little indication of its next price movement. However, recent whale activity has pointed to a continuous bullish...

Bitcoin’s consolidation in the $100,000 range is giving traders an opportunity to take a closer look at DOGE, SUI, PEPE and FTM....

Crypto analyst and pseudonymous trader Dave the Wave has predicted a potential surge in Bitcoin‘s (CRYPTO: BTC) price before Christmas, citing a favorable technical setup. What Happened: The crypto analyst shared his thoughts on the social media platform X and said that Bitcoin is in an ascending channel. He predicts...

On a recent episode of MSNBC’s All In, host Chris Hayes said that a Senate bill could potentially result in a $100 billion transfer from taxpayers to Bitcoin owners. What Happened: The bill, proposed by Sen. Cynthia Lummis (R-Wyo.), calls for the U.S. Treasury to acquire one million Bitcoins over a span of...

The spot Ethereum ETFs (exchange-traded funds) in the United States have continued their impressive form, posting their tenth consecutive day of positive inflows to close the week. This strong performance reflects the growing positive sentiment amongst investors following the recent US presidential elections. The streak of capital influx would...

The Cardano Foundation joins a long list of entities falling victim to X account hacks, including the Securities and Exchange Commission....

A whopping 60.9 billion Dogecoin (CRYPTO: DOGE) has been transacted in the past 24 hours, hinting at a possible bullish trend for the meme cryptocurrency. What Happened: Data from IntoTheBlock reveals that the large transaction volume of Dogecoin has surged by 40.1% in the last 24 hours, totaling $23 billion or 60.9...

Bitcoin ETFs have now accumulated more Bitcoin (CRYPTO: BTC) than the holdings of Bitcoin’s pseudonymous creator Satoshi Nakamoto. What Happened: As of market close on Thursday, these ETFs collectively held 1,105,690 Bitcoin, valued at $110 billion, as per CoinGlass data. This milestone was reached by 10 asset managers in the U.S., who...

Former Treasury Secretary Larry Summers has dismissed the idea of a national Bitcoin (CRYPTO: BTC) reserve as “crazy” amidst ongoing deliberations in Congress and the crypto industry. What Happened: In an interview with Bloomberg on Friday, Summers voiced his doubts about the feasibility of a national bitcoin reserve. He opined...

The Ethereum price seems to be finally picking up some momentum after several weeks of trailing the remarkable Bitcoin price performance. After kickstarting the week with sluggish price action, the acclaimed “king of altcoins” has returned to above the $4,000 mark for the first time since March. Mirroring the...