Bitcoin On-Chain Support May Lie At $80K – Analyst Shares Key Metrics
Bitcoin faced a sharp decline yesterday, testing crucial support below the $92,000 mark. This move has sparked concern among analysts, as the $90,000 to $92,000 demand zone is seen as a critical level for maintaining Bitcoin’s bullish structure. A breach below this range could signal a deeper correction, potentially...
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Bitcoin ETF Showdown: IBIT Leads, BITO Grows, BITX Thrills
In the wild west of Bitcoin (CRYPTO: BTC) ETFs, three heavyweights—iShares Bitcoin Trust ETF (NASDAQ:IBIT), ProShares Bitcoin ETF (NYSE:BITO), and Volatility Shares Trust 2x Bitcoin Strategy ETF (BATS:BITX)—are lighting up the trading boards with their trading volumes. With millions of dollars in assets and staggering volume, here’s how they...
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XRP Rises More Than 6% In 24 hours
Over the past 24 hours, XRP’s (CRYPTO: XRP) price has risen 6.01% to $2.13. This is contrary to its negative trend over the past week where it has experienced a 8.0% loss, moving from $2.31 to its current price. As it stands right now, the coin’s all-time high is...
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Coinbase CEO Brian Armstrong Says A Stablecoin Integration On X Would Be ‘A Great Feature’
Coinbase (NASDAQ:COIN) CEO Brian Armstrong is interested in collaborating with Elon Musk‘s X platform to enable USDC transfers between users. What Happened: Armstrong’s response came after Travis Bloom, Coinbase’s engineering lead, directly addressed Musk on Sunday, asking, “Hey @elonmusk, when is X gonna let me send other users USDC...
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MicroStrategy’s Bitcoin Play: Stellar Year, But December Doldrums Loom Large
MicroStrategy Inc (NASDAQ:MSTR) is riding the Bitcoin (CRYPTO: BTC) rollercoaster like no other, but the thrill seems to have hit a steep drop. Once the darling of crypto-linked assets in 2024, boasting a jaw-dropping 342% year-to-date gain, the stock is now grappling with a sharp bearish turn. Chart created...
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Can Bitcoin as Legal Tender Reshape a Nation’s Economy? Lessons from El Salvador
When El Salvador brazenly adopted Bitcoin as legal tender in 2021, it straightaway became a kind of lodestone that generated debate about the cryptocurrency’s role in shaping a nation’s economic future. As the first country to take such a daring leap, El Salvador found itself in the global spotlight—a...
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European Crypto Regulation Risks Liquidity, Lack Of Innovation
The European Union (EU) will introduce on January 1 the Markets in Crypto-Assets Regulation (MiCA). This regulation will establish a unified legal framework for crypto assets across the 27-member bloc to protect consumers, foster transparency, and ensure market stability. “MiCA is a significant step in ensuring the responsible evolution...
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Bitcoin Surges Above $95,500 In 2024 Closing Day: What’s Next?
Bitcoin’s (CRYPTO: BTC) remains an attractive buy according to the cryptocurrency community, despite closing December almost where it started, down 1.3% over the past 30 days. What Happened: Prominent whale trader Abetrade shared his observation on X that Bitcoin’s spot order books, currently within 10% of the current price...
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3 crypto predictions going into 2025: SOL ETFs, AI trading, new threats
2025 may usher in significant crypto developments, like the first Solana-based ETF and more advanced AI crypto trading bots, but it could also bring new threats....
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Elon Musk Changes His Name To ‘Kekius Maximus’ On X, Sending This Memecoin Skyrocketing Over 600%
Tesla Inc. CEO Elon Musk changed his name on his social media platform, X, to “Kekius Maximus” (CRYPTO: KEKIUS). He also changed his profile picture to that of “Pepe the Frog” as the year 2024 draws to a close. What Happened: Musk changing his name on X to Kekius...
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