Over the past two years, Bitcoin (BTC) has seen a strong positive price performance, rising by over 300% since the start of 2023. In 2024 alone, the cryptocurrency market leader has surged by 40%, reaching a new all-time high of $73,750 in March. However, recent price developments indicate that Bitcoin’s upward price trajectory may undergo … Read more
Image credited to: Cointelegraph.com Welcome back to the latest scoop in the world of Bitcoin! Today, we’ll dive into some exciting developments that could shake up the market. First, Bitcoin miners are eyeing a potential windfall of $13.9 billion annually if they allocate some of their energy resources to the booming sectors of artificial intelligence … Read more
Last week, altcoins took a hit, leading to a $40 billion drop in the global cryptocurrency market cap, which fell to $2.09 trillion. This week’s trio of top cryptocurrencies are worth keeping a close eye on in the coming days. RARE posts a weekly gain of 223% Super Rare (STRANGE), the native token of the … Read more
Norway, a country in Northern Europe, has a population of nearly 5.5 million. In addition, government investments for its citizens amount to about $1.7 trillion. Part of that amount is in Bitcoin stocks, and the government increased its holdings this year. Norway’s sovereign wealth fund goes on the hunt for bitcoin Norway now indirectly owns … Read more
With the overall sentiment in the market cooling down, AAVE scores a win as it maintains high profitability even when the market drops slightly. According to Gecko CoinThe token is up more than 18% since last week, a sign that AAVE continues to ride the market’s bullishness despite recent grinding almost to a stop. Related … Read more
Now it seems that Donald Trump’s financial outlook has changed dramatically. He was a staunch critic of cryptocurrencies, but now he has Large assets on Ethereum and other digital currencies. Recent revelations reveal that Trump owns between $1 and $5 million in Ethereum alone. A change in his financial portfolio reflects a general transformation in … Read more
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of the crypto.news editorial team. It’s been an “exceptionally eventful month” for Bitcoin (Bitcoin). BTC whale transactions reached a four-month high as the market “purged” short-term holders. Speculators’ unrealized losses hit Crypto assets worth millions … Read more
Ripple recently announced a collaboration with Archax, the first digital asset exchange regulated by the UK’s Financial Conduct Authority (FCA). Now, RippleX, the company’s development arm, is coming forward with a critical prediction about the XRP Ledger. Ripple developers see a “new era” for XRP Ledger In a recent updateRippleXDev, the development arm behind the … Read more
Opeyemi is a competent writer and enthusiast of the exciting and unique world of cryptocurrencies. While the digital asset industry was not his first choice, he has been absolutely drawn to it ever since he ventured into this space two years ago. Now, Opeyemi takes pride in creating unique pieces that unravel the intricacies of … Read more
Nasdaq and NYSE have reportedly dropped plans for Bitcoin ETF options, creating a major hurdle for investors looking for more accessible cryptocurrency trading. This comes as both exchanges have pulled their apps meant to list and trade options based on Bitcoin ETFs. In a move that is, arguably, not what most people expected, a debate … Read more
