#CryptoNews
Memecoin Market Dulls After Friday’s Plunge
The memecoin market has lost its shine following a significant drop this Friday. This day will be remembered as a tough one for investors in major cryptocurrencies and altcoins. Specifically, the memecoin market is among the hardest hit by the recent Bitcoin decline. Except for a few exceptions, the majority of major meme coins experienced…
German Government Transfers $94M in Bitcoin to Exchanges
German Government Transfers $94M in Bitcoin to Exchanges The German government’s disengagement from cryptocurrencies is progressing rapidly. A recent transfer of Bitcoin to centralized exchanges has raised alarms among users, suggesting a potential sell-off. This latest move amounted to $94 million. The transfer included approximately ₿1500, distributed among wallets on Kraken, Coinbase, and Bitstamp exchanges.…
Top 5 Crypto Telegram Groups [2024]
Thanks to its encrypted messaging and cryptocurrency-friendly features, Telegram is arguably the most popular messaging platform among cryptocurrency users and investors. For many in the crypto community, Telegram is the primary platform for connecting with other cryptocurrency enthusiasts and staying updated with the latest developments in the world of crypto and blockchain. Here are the…
Ethereum: The Cryptocurrency Star Worth Watching
Ethereum is the cryptocurrency star worth watching. If you’ve ever watched a heist movie where the hero pulls off an incredible feat against all odds, then you’ll understand the excitement surrounding Ethereum (ETH-USD) in the financial world. Since its creation in 2015, Ethereum has evolved from a bold project to a critical player in the…
298,000 Ethereum (ETH) Purchased in 24 Hours, What’s Going On?
Ethereum single-day buy-up hits 298,000 ETH amid significant demand surge There is an increasing demand for Ethereum (ETH) on centralized trading platforms as the approval of the spot ETF drives bullish sentiment. According to CryptoQuant’s Head of Research Julio Moreno, Ethereum demand has surged significantly. Ethereum buying breaks major record As Moreno highlighted, Ethereum purchases…
Bitcoin to Reach $500,000 by Decade’s End as ETF Demand Soars, Says Bernstein
The price of bitcoin is expected to skyrocket to $500,000 by the end of the decade, according to a recent report from Bernstein. In an initiation note on MicroStrategy stock, Bernstein analysts Gautam Chhugani and Mahika Sapra predict that bitcoin will rise 659% from Friday afternoon levels to reach half-a-million dollars by 2029. The driving…
$1 Billion in Bitcoin Just Moved from Coinbase — Are Whales Making Massive Purchases?
A significant Bitcoin whale has just transferred $1.06 billion worth of Bitcoin from its Coinbase account. The notable transaction occurred as the price of the leading digital currency fell below $67k recently, marking a -4.31% change over the past day. According to data from on-chain analysts, the whale moved the BTC in two large batches…
Sudden Crypto Market Crash: Here’s What You Need to Know
Why Is The Crypto Market Down Today? Following a slight pullback of 0.48% on Thursday, Bitcoin experienced a significant downturn the previous evening. The price of Bitcoin dropped by 2.05% on Friday, causing a major reversal in the previously uptrending top altcoins and the entire crypto market. Ethereum’s price fell by 3.56%, while Solana dropped…
Bitcoin Call Options Signal Investor Optimism for Breaking $74,000 Barrier
Data on bitcoin options’ open interest suggests a bullish outlook for the price of the world’s top cryptocurrency. Many bitcoin enthusiasts are speculating that the price of bitcoin, the largest digital currency, could surge beyond $74,000 this month, according to analysts at QCP Capital. They have been analyzing call option data to gauge the optimistic…
Bitcoin Soars 10%, Ethereum Gains 5%, and Furrever Token Projects 15X Returns: What’s Next for the Market?
Investors are elated this week as the majority of cryptocurrencies experienced a significant surge. Bitcoin jumped an impressive 10%, while Ethereum followed with a 5% increase, indicating a robust bullish sentiment across the market. Amid these gains, Furrever Token has drawn considerable attention, promising up to 15X returns post-launch. As these developments unfold, the crypto…
Advertising