Month: December 2024

Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January....

Bitcoin price trades above $100,000 again, proving that every minor dip is being purchased....

Bitcoin’s (CRYPTO: BTC) flash crash from $103,000 to $91,000, an 11% drop, triggered significant liquidations and drew analysis from traders. What Happened: In a detailed post on X, crypto trader Cold Blooded Shiller called the move a “classic bull market shakeout” targeting late-positioned longs. Despite this, Bitcoin’s trajectory is...

NEW YORK, Dec. 6, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global cryptocurrency market size is estimated to grow by USD 34.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  16.64%  during the forecast period. Rising...

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...

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...

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....

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...

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...

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...