The Bitcoin market has experienced a positive turnaround recently, with the price climbing back above $43,000. After a period of struggle and falling below $41,000, the premier cryptocurrency has regained its lost momentum and is now setting new targets. In this article, we will delve into an insightful analysis based on UTXO Realized Price Distribution
In a surprising turn of events, Russian banker Mikhail Klyukin recently sold over £15m worth of shares in UK-based cryptocurrency firm, Copper Technologies. This sale has raised eyebrows not only due to the involvement of a sanctioned individual but also because of the potential evasion of sanctions and increased scrutiny on cryptocurrency transactions. The role
In the era of diminishing crypto prices and the rise in global interest rates, investors have begun exploring new avenues for potential growth. One area of keen interest is artificial intelligence (AI), which is projected to take center stage alongside Bitcoin in the coming years. As Nansen’s latest forecast suggests, AI agents are expected to
Bitcoin, the foremost cryptocurrency, has garnered immense attention and investment over the years. However, Arthur Hayes, the former CEO and co-founder of BitMEX, has expressed his concerns about what could potentially lead to Bitcoin’s downfall. In his recent article, Hayes highlighted his reservations regarding the launch of Spot Bitcoin ETFs and how traditional financial asset
After carefully analyzing the market, it appears that Bitcoin (BTC) and the broader crypto market are poised for a positive year in 2024. Several on-chain metrics suggest that the cryptocurrency is set to experience growth and success in the coming year. These metrics include the upcoming halving, growing stablecoin liquidity, the widely anticipated spot Bitcoin
In a surprising turn of events, the Central Bank of Nigeria (CBN) has decided to lift the ban on cryptocurrency transactions in the country. The previous ban, which was put into effect in February 2021, aimed to combat money laundering and terrorism financing risks associated with crypto assets. However, the CBN has now announced through
On-chain data has revealed that a significant amount of Dogecoin tokens, totaling more than 112 million, have recently moved out of Robinhood and into an unknown wallet. This comes as the popular cryptocurrency struggles to keep up pace compared to other top cryptocurrencies in the market. According to Whale Alerts, the 112 million DOGE tokens,
There has been a lot of buzz surrounding Bitcoin, with many investors predicting a significant increase in its price. One such investor is Fox Business anchor, Charles Payne, who believes that the price of one Bitcoin could potentially soar to $1 million. In a recent interview, Payne discussed the pros and cons of investing in
Bitcoin has had a positive performance in the past week, recording a 3.45% gain, according to data from CoinMarketCap. Over the last 30 days, the leading cryptocurrency has experienced a surge of 16.78%. However, despite these market gains, there is a growing trend of caution among Bitcoin traders, suggesting a fear of a potential price
The year 2023 has seen the cryptocurrency market experience both ups and downs. From the collapse of the FTX crypto exchange to the surge in growth of several altcoins, investors have been through a roller coaster ride. In this article, we will analyze the top-performing cryptocurrencies of 2023 and explore their reasons for success. Bitcoin