The cryptocurrency market has been closely following the recent recovery of Bitcoin (BTC) from a bearish January. CoinMarketCap data shows that BTC’s price has increased by 11.02% in the last week, reaching the $47,000 zone. Amidst this recovery, crypto analyst Adam Back believes that Bitcoin has the potential to reach the $100,000 price mark before
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Chinese Bitcoin miners have found a new opportunity in Ethiopia, driven by their need for affordable energy and favorable regulatory environments. Displaced from their home country due to stringent regulations, these miners are searching for locations that offer cheap electricity and welcoming regulations. Ethiopia, with its low electricity costs and government support, has emerged as
Cardano (ADA) has garnered significant attention in the cryptocurrency market recently, with its price on the verge of reaching the $0.55 level. As on-chain data reveals a surge in buy orders, the bullish sentiment surrounding Cardano continues to strengthen. In this article, we analyze the current market conditions and explore the potential factors that may
Bitcoin has once again proven its volatile nature as its price continues to soar in the past 24 hours. Breaking through the $48,000 mark, the cryptocurrency has reached a new monthly peak. However, this current success did not come without its fair share of ups and downs throughout the week. Let’s take a closer look
The price of Bitcoin (BTC) has continued its upward trajectory, surging by 4.04% in the last day to briefly surpass the $48,000 mark. However, investor and market expert speculation remains high as popular analyst Ali Martinez predicts a potential dip in Bitcoin’s price due to a planned liquidation. This article will delve into Martinez’s analysis
Dan Gambardello, the founder of Crypto Capital Venture, has laid out a bullish narrative for Cardano going into the next bull run. Based on his analysis, the crypto token has the potential to be one of the best-performing coins during that period. In this article, we will delve into Gambardello’s insights and examine the reasons
The options market for Ethereum (ETH) has been displaying a significant pattern that catches the attention of traders. Recent data from Deribit, a leading platform for crypto futures and options trading, points towards a concentrated accumulation of call options for ETH centered around the $4,000 strike price. This concentration is observed for both the June
Hong Kong’s Securities and Futures Commission (SFC) and local law enforcement have issued a public warning about a fraudulent entity pretending to be the legitimate crypto exchange MEXC Global. This deceptive scheme involves luring unsuspecting victims into a crypto investment scam by masquerading as a virtual asset trading platform (VATP). The scammers are utilizing phishing
Cryptocurrency enthusiasts have been captivated by the recent surge in the Cardano price, which is approaching $0.55 and threatening to reach last December’s high of $0.68. However, as investors focus on Cardano’s potential gains, a new and exciting green crypto project called eTukTuk has been quietly gaining momentum. This sustainable transportation-focused web3 start-up aims to
The recent DYM airdrop by the Dymension Network has generated significant attention and excitement within the crypto community. Despite some technical issues with the Dymension mainnet, the price of the native DYM token has doubled, resulting in early participants enjoying a remarkable 162% gain within just 48 hours of token distribution. While this initial rally