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
As the cryptocurrency market continues to witness a surge in popularity, investors are constantly on the lookout for new opportunities that offer significant returns. Amidst the ongoing rally of dogwifhat (WIF), attention has now turned towards a viral new ICO called Sponge (SPONGE). With the potential to deliver a ROI of 1000% or more, Sponge
Pantera Capital’s recent move to secure funds for the acquisition of heavily discounted Solana tokens from the bankruptcy estate of FTX has raised eyebrows in the crypto investment community. The Pantera Solana Fund, which aims to purchase up to $250 million worth of SOL tokens at a significant discount, has significant implications for both investors
James Check, lead Glassnode analyst, believes that Bitcoin (BTC) will surpass $250,000 in the current cycle. He attributes this bullish prediction to the strong conviction of long-term HODLers and the impact of institutional inflows into the market. Check points out that the recent entry of U.S. Bitcoin ETFs from BlackRock and Fidelity has initiated a
Traders and crypto enthusiasts alike are abuzz with excitement as the Solana meme coin, SMOG, experiences a significant 70% price increase. Speculation is running wild as some believe that a potential listing on Binance could further propel SMOG to new heights. With SMOG’s market cap now sitting at an impressive $287 million, many are wondering