Bitcoin’s recent surge over the weekend and into the new week has propelled it to a fresh all-time high of almost $73,000. This comes after a series of rapid fluctuations, including a sharp rejection and subsequent recovery that saw the leading cryptocurrency climb back to near record levels by the end of the week. While
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Ethereum’s price has been on a rapid upward trajectory in recent weeks, successfully breaking through multiple resistance levels. However, as the price approaches the critical $4,000 mark, some indicators suggest that the market may face a temporary halt. On the daily chart, Ethereum has been making consistent higher highs and higher lows, leaving the 200-day
Binance’s recent listing of Metis (METIS) has had a significant impact on the price of the digital asset. This comes as no surprise considering the exchange’s reputation and influence in the cryptocurrency market. As one of the leading exchanges worldwide, any listing on Binance is likely to attract attention from investors and traders alike. The
The recent approval of spot Bitcoin ETFs in mid-January sparked a significant surge in the crypto markets, with total capitalization increasing by a trillion dollars and Bitcoin reaching a new all-time high. However, Ethereum has struggled to surpass the $4,000 level convincingly, raising concerns among investors and analysts about its future prospects. Despite initial optimism,
The Stanford Blyth Fund, managed by students at the university, made a significant investment in Bitcoin (BTC) at a price of $45,000 in February. This decision came after a presentation by Kole Lee, a computer science major and leader at the Stanford Blockchain Club, who recommended allocating 7% of the fund’s portfolio to Bitcoin. Established
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
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 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
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.