Month: December 2024

Tom Lee, a well-known financial analyst, has predicted that Bitcoin‘s (CRYPTO: BTC) price could soar to $250,000 within the next year, driven by potential legitimization in the U.S. and increased adoption. What Happened: Fundstat’s Lee expressed his optimistic Bitcoin price prediction during a discussion with Anthony Scaramucci. Lee says Bitcoin...

Bitcoin is yet to break above the anticipated $100,000 milestone as it traded on a correction path for the majority of the just concluded week. However, current market trends suggest that the cryptocurrency will break through this $100,000 psychological threshold very soon. Particularly, past trends, coupled with current market...

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Meme coin Dogecoin (CRYPTO: DOGE) has witnessed a substantial increase in trading volume, indicating a potential major price upswing. What Happened: Data from CoinGlass show that Dogecoin’s trading volume has soared by 76.71%. This surge in momentum is supported by considerable whale activity, including a recent transfer of $120...

The founder of a popular cryptocurrency warned that it would take years to reverse the adverse effect of the so-called Operation Chokepoint 2.0, saying that it is a systematic, global campaign that aims to pin down the crypto sector. Cardano founder Charles Hoskinson urged other leaders in the crypto...

Bitcoin has entered a consolidation phase just below the $100,000 level, following an impressive rally that saw the price hitting all-time highs nearly every day for almost three weeks. While the market has quieted down recently, Bitcoin’s bullish momentum remains strong, and many analysts believe the pause is merely...

Cryptocurrency Shiba Inu (CRYPTO: SHIB) has surged, reaching an eight-month high amid a meme coin rally. What Happened: On Sunday, Shiba Inu, the second-largest dog-centric cryptocurrency by market capitalization, surged. The Ethereum-based token spiked to $0.00003061. SHIB is up by more than 13% for the day. The last time Shiba Inu hit such a...

Pump.fun’s weekly revenue peaked at $33 million in November before dropping to $11 million the following week....

The US-based spot Ethereum ETFs (exchange-traded funds) have continued to shine after putting in a strong performance in the past week. After a period of significant outflows in recent weeks, the crypto products have received significant attention from investors in the United States. As a result, the Ethereum ETFs...

An analyst broke down the strategy behind the aggressive Bitcoin acquisition being done by MicroStrategy which is gaining attention because of the rising price of the alpha crypto. Anthony Pompliano, Founder & CEO of Professional Capital Management, understood the mathematical reason behind the company’s investment move but also warned...