An altcoin rally has emerged as a result of the current spike in the cryptocurrency market, with Bitcoin (BTC) leading the drive to reach its goal of $90,000 prior to the halving event. Two cryptocurrencies that have drawn interest from investors all around the world are Shiba Inu (SHIB) and Retik Finance (RETIK), which are … Read more
Blockchain analytics show that a $100,000 ether transaction using the Ethereum Name Service (ENS) domain “vitalik.eth” resulted in the conversion of that amount of ether into an equivalent number of stablecoins on the Base blockchain. The address, which is allegedly owned by Vitalik Buterin, one of Ethereum’s co-founders, presently has 955.58 ether, valued at approximately … Read more
In the current cryptocurrency market, Bitcoin (BTC) has reached a new record top of $69,100, surpassing its all-time high (ATH). Strong inflows into recently introduced Bitcoin ETFs propelled this incredible surge, which raised expectations for the start of a “altseason,” in which altcoins usually do quite well after a BTC rally. In the past, altseasons … Read more
While memecoins generate a lot of hype, speculative trading has erupted in the digital asset market, driving some of the most unusual cryptocurrencies to all-time highs. Retail investors interested in profiting from their potentially enormous returns have taken notice of memecoins, which are distinguished by their meme-like quality and are frequently made as parodies or … Read more
After the April halving event, JPMorgan has warned investors that the price of bitcoin could drop as low as $42,000. The experts at the global investment bank clarified that $42K is the price point at which they “envisage bitcoin prices drifting towards once the euphoria caused by the bitcoin halving subsides after April.” Additionally, the … Read more
According to the most recent Bybit user asset allocation study, between July 2023 and January 2024, institutional digital asset portfolios’ concentration of bitcoin and ethereum rose from 50% to 80%. In contrast to regular investors, institutions seemed to be more optimistic about ethereum than bitcoin throughout this time. Five Percent of Institutional Digital Asset Portfolios … Read more
In Latin America, Argentina is at the forefront of cryptocurrency use. In a report titled “Argentina Crypto Capital,” published by Lemon, a prominent exchange in the nation, it is stated that Argentines use four out of ten cryptocurrency apps in Latin America, and that over 70% of deposits made on the exchange are made using … Read more
Over the past month, Bitcoin’s value has increased remarkably, and at the beginning of this week, it crossed the $57,000 mark for the first time since November 2021. The surge in value of bitcoin has prompted the creation of derivatives based on the cryptocurrency, leading to an unprecedented level of open interest in bitcoin futures … Read more
The meme coin market has seen tremendous growth recently, rising more than 13% in the last day. The meme token economy has grown by $3.77 billion over the past four days, with double-digit increases being made by tokens like pepe (PEPE) and corgiai (CORGIAI). The Meme Coin Market Expands As of February 23, 2024, the … Read more
Major U.S. cryptocurrency exchange Coinbase has discovered that voters in Texas are interested in the topic of cryptocurrencies and the positions taken by presidential contenders on it. 4.7 million Texans, or 21% of the state’s adult population, are cryptocurrency owners, and 74% of them are inclined to back politicians who understand the importance of the … Read more