Australia Ramps Up for Major Bitcoin ETF Rollouts in 2024 As of now, the U.S. boasts 11 operational Bitcoin spot ETF products. The U.S. Securities and Exchange Commission gave the green light to these in January. The introduction of these…
Search Results For: Ethereum
Runes Revolution: Token Standard Propels Bitcoin Network to Record Transaction Fees
Groundbreaking Launch In its inaugural week, the newly introduced Runes token standard on the Bitcoin network has amassed an astonishing 2129 bitcoins in transaction fees, equating to roughly $135 million. Runes utilizes Bitcoin’s UTXO model and the OP_RETURN opcode, presenting…
Crypto Market Tumbles as Bitcoin Struggles, Major ETFs See Withdrawals Amid Regulatory Uncertainties
The cryptocurrency market cap has seen a decrease of approximately 4%, now standing at roughly $2.48 trillion. This decline is predominantly driven by Bitcoin, which was trading at around $64,253 early Thursday in the Asian markets, after struggling to breach…
Market Analyst Projects Bitcoin Downturn Amid Economic Shifts
In light of recent market dynamics, Markus Thielen, a prominent analyst known for his accurate forecast of Bitcoin’s surge, is now predicting a downturn for Bitcoin and broader risk assets, according to a CoinDesk report on Tuesday. Thielen, leading 10X…
Sharp Decline in Crypto Market as Over $359 Million in Long Bets Liquidated
The cryptocurrency market experienced a sharp decline today as a substantial volume of long bets were offloaded, affecting major cryptocurrencies. Bitcoin, Ethereum, Solana, among others, saw their prices drop significantly due to the selling of long positions. Significant cryptocurrencies like…
The Ripple Effect of Bitcoin Halving on Altcoin Valuations
In the world of cryptocurrencies, a seismic shift is anticipated with the forthcoming Bitcoin (BTC) halving event slated for April 19. This event, historically, has not just influenced Bitcoin but has also acted as a springboard for altcoins, propelling them…
Bitcoin’s Bold Frontier: Mezo’s Economic Layer Unveiled
Matt Luongo, a notable figure in the Bitcoin community, shared a compelling narrative that spotlighted his journey towards embracing Bitcoin’s practical applications. His story began with an unexpected challenge: a mortgage lender’s skepticism over using Bitcoin for a real estate…
2024 Crypto Surge: Ripple’s CEO Predicts Unprecedented $5T Market Boom!
In a bold forecast amidst the fluctuating tides of the cryptocurrency market, Ripple’s head honcho Brad Garlinghouse casts an optimistic future for the crypto realm, envisioning a staggering market cap expansion to $5 Trillion by the year 2024. Amidst the…
Bitcoin vs. Rising Yields: What’s Next
In the latest market movements, Bitcoin (BTC) witnessed a downward adjustment, finding its footing around the $66,000 mark, as market enthusiasts grappled with the resurgence of Treasury yields and the looming prospect of postponed Federal Reserve rate adjustments until later…
Decline in Crypto Security Breaches Observed in Early 2024, Reports Immunefi
In the digital finance realm, the early months of 2024 have brought a notable 23% reduction in financial damages from cyber-attacks and deceptive schemes compared to the previous year, reveals a detailed analysis by Immunefi, a leader in blockchain safeguarding,…
Ether.fi in 2024: A Promising Horizon for ETHFI Investors?
As the decentralized finance (DeFi) realm evolves, Ether.fi emerges as a noteworthy contender, having launched its governance token on March 18th amidst much speculation. The initial market reaction saw a 20% drop to $2.83 following its Binance listing, yet, Ether.fi’s…
Crypto Price Projections Post Bitcoin Division: Significant Bullish Momentum Anticipated Towards $500,000?
With Bitcoin’s market capitalization reaching a historic high of $1.451 Trillion, investors are gearing up for potential gains well ahead of the upcoming Division. The largest cryptocurrency by market cap has shown a notable reversal in late 2023 and this…
Instructions to Predict Cryptocurrency Prices for 2024 and Beyond: ‘Analyze Realities, Not Desires’
Forecasting cryptocurrency prices is no easy feat. However, what if we told you that there are methods to discern significant insights, enabling informed decisions and early identification of market opportunities? If you’re wondering how to accurately predict cryptocurrency prices, in…
Digital Currency Set to Beat Solana (SOL) and Cardano (ADA)
Introduction: The digital currency market has seen tremendous progress in recent years, with new and innovative projects entering the space. Two standout performers have been Solana (SOL) and Cardano (ADA), experiencing price surges of over 2,700% and 550%, respectively, in…