With the European trading hour in full swing, Bitcoin has soared past $71,000, surpassing its previous all-time high set just last week. The driving force behind this surge can be attributed to several critical factors that have renewed investor confidence and sparked a flurry of buying activity within the cryptocurrency market. One of the key
The recent surge in Bitcoin transaction fees has caught the attention of market participants, with fees doubling in just one week. While many may attribute this surge to the upward trajectory of Bitcoin’s price, it is essential to consider the significant influence of Ordinals transactions in driving this trend. Ordinals transactions, which started the week
Nissan Motor Co. has recently delved into the realm of virtual experiences with the launch of their latest project, ‘Heritage Cars & Safe Drive Studio’. This innovative endeavor not only marks Nissan’s 90th anniversary but also underlines the company’s unwavering commitment to its rich history and safety practices. By offering users a unique and immersive
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 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