Russia, as a prominent member of the BRICS alliance, recently unveiled plans for the development of a new blockchain-based payment system aimed at revolutionizing trade settlements among member nations. This initiative signals a strategic move to establish an independent mechanism for conducting transactions within the BRICS framework. Kremlin aide Yury Ushakov highlighted the importance of
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Bitcoin’s price is currently showing strong signs of surpassing its previous all-time high, reaching toward the $70K level. As the cryptocurrency market enters uncharted territories, predicting its future upside potential becomes increasingly complex. Technical and on-chain analysis can provide some insights into the possible trajectory of Bitcoin’s price in the coming months. Potential Targets and
The cryptocurrency market has been abuzz with a bold assertion made by KALEO and two other top analysts regarding Dogecoin’s journey to $1. They have shaken the foundations of the market by claiming that it is not just a speculative venture, but a palpable prospect within the current market cycle. KALEO’s confidence in Dogecoin reaching
The year 2022 marked a dark period for many cryptocurrency lenders, with the collapse of several prominent platforms sending shockwaves through the industry. Among these, the Celsius crash stood out as particularly devastating for investors, leading to a severe bear market characterized by plummeting prices and a general lack of activity in the sector. While
The recent surge in Bitcoin’s price, crossing the $50,000 threshold and surpassing $70,000 just weeks later, indicates that the bull run is far from over. According to Sean Farrell, Fundstrat Global Advisors’ Head of Digital Strategy, there is still room for the rally to continue. This momentum is supported by signals that suggest Bitcoin’s price
Bitcoin has once again broken records, reaching above $70,000, fueling excitement among investors. The cryptocurrency saw a steady climb throughout the week, with a 12% rally, supported by the launch of spot bitcoin exchange-traded funds (ETFs) in the United States. At the time of writing, Bitcoin is trading at $69,436, with a 2% increase in
Recently, the introduction of spot Bitcoin ETFs has sparked excitement among investors, leading to a surge in trading volume. This surge has not only impacted Bitcoin but has also generated optimism for the broader crypto market. Despite the positive trend in Bitcoin, the launch of a spot Ethereum ETF in the US market remains uncertain.
Cryptocurrency enthusiasts are currently buzzing with excitement as Ethereum (ETH) experiences a bullish weekend. The world’s second-largest cryptocurrency by market capitalization has seen a price surge of 4.31% in the last day, bringing it closer to the critical resistance point of $4,000. This surge is being driven by a combination of factors that are fueling
Bitcoin has recently achieved a new all-time high (ATH) of over $70,000, prompting crypto analyst Michaël van de Poppe to believe that there is still room for significant upward movement in the price. Despite this milestone, van de Poppe considers Bitcoin to be “heavily undervalued” and sees the potential for even higher values in the
Bitcoin’s price has been a roller coaster of ups and downs recently. After stagnating for several days, the cryptocurrency made a strong move yesterday, breaking above $70,000 for the first time ever. However, this milestone was short-lived as Bitcoin was violently rejected and saw a significant drop in its price within minutes. This kind of