According to anonymous cryptocurrency expert Crypto Tony, the recent boost in Dogecoin’s price could cause the value of other meme coins to rise. But it’s getting harder for investors to decide which cryptocurrency to buy now that Bonk and KangaMoon are moving up the ranks. Crypto Analyst Is Confident About Dogecoin’s (DOGE) Future Dogecoin (DOGE), … Read more
On February 14, 2024, the price trajectory of Bitcoin demonstrates a strong positive trend, with the cryptocurrency hitting a 24-hour high of $51,814. The digital asset has increased significantly in the middle of a consolidating market; it has increased by 21% over the last month and by 3% today. Bitcoin After hitting intraday highs, the … Read more
With over 90,000 residents, Torrevieja wants to be among the first places in Spain that accepts cryptocurrency. The city will provide incentives for embracing cryptocurrencies as a payment method and offer workshops to retailers that are interested in learning how to accept and utilize cryptocurrencies in partnership with Apymeco, its merchant organization. Torrevieja to Promote … Read more
Michael Saylor, executive chairman of Microstrategy, has provided an explanation of why bitcoin has emerged as “the world’s most popular investment asset.” He pointed out that the cryptocurrency has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming in through these ETFs as there … Read more
Anthony Scaramucci, the founder of Skybridge Capital, has clarified that it is still possible to purchase bitcoin. He predicts that many people are questioning if they missed the chance to purchase bitcoin as its price has surged beyond $50,000. Scaramucci emphasized that he has a firm “no” to that. Anthony Scaramucci: Should You Invest in … Read more
Peter Schiff, an economist and gold bug, has cautioned that the current spike in the price of bitcoin appears to be “another classic pump-and-dump.” He voiced his doubts, saying, “I wonder when the massacre will begin,” despite the notable excitement surrounding the new spot bitcoin exchange-traded funds (ETFs). On the “Pump and Dump” of Bitcoin, … Read more
Hedging-as-a-service, a tool developed by the cryptocurrency platform Umoja to protect customers against cryptocurrency losses, debuted in beta form on Tuesday. Umoja’s goal is to improve the security and usability of cryptocurrency investments, creating chances for hedging in a $500 trillion industry. Umoja Launches A Platform for Beta Hedging The beta release of Umoja’s hedging-as-a-service … Read more
Sometime in the second half of 2023, the billionaire Peter Thiel’s venture capital (VC) firm Founders Fund is said to have purchased bitcoin and ethereum for $200 million. According to reports, the venture capital firm started buying bitcoin when its value was less than $30,000. New Interest in Crypto from Founders Fund Bitcoin (BTC) and … Read more
The Consumer Price Index (CPI) report, which was released by the U.S. Bureau of Labor Statistics on Tuesday, showed a 0.3% increase in January. After the announcement, the three main market indices fell, Treasury yields increased, and cryptocurrency assets dropped from their recent highs. As January CPI Data Lets Wall Street Down, Stocks Drop and … Read more
The next Bitcoin difficulty retarget, which is set for February 15, 2024, is expected to signal a significant upturn in the network. According to current estimates, there would be a projected difficulty jump ranging from 8.45% to 9.2%, which would be the biggest increase in 2024 so far. Bitcoin Challenges Are Expected to Rise Sharply … Read more