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
The influence of Millennials and Gen Z on the cryptocurrency market is undeniable. As more and more young people embrace digital currencies like Bitcoin, the landscape of investing is rapidly changing. According to a Coinbase study, 38% of Millennials and Gen Z have embraced cryptocurrencies, blockchain, and Web3. This trend signifies a shift in the
Recently, the developer Tools for Humanity, behind the Worldcoin project, has found itself in the midst of a legal battle with Spanish regulators. The lawsuit was filed in response to Spain’s ban on data collection and usage within the country for three months. According to Worldcoin, Spain’s regulators did not follow the proper process outlined
Recently, Coinbase, the prominent US-based cryptocurrency exchange, has experienced a significant boost in its market share following the introduction of multiple spot Bitcoin exchange-traded funds (ETFs) in January. This surge has led to analysts at Goldman Sachs upgrading their rating on Coinbase shares from selling to neutral. Additionally, they have adjusted their price target to
A recent report from on-chain smart money investigator, Lookonchain, revealed that a cryptocurrency trader managed to turn a mere $310 investment into a staggering $5 million in just 3 months. This incredible feat was achieved through investing in the Solana-based meme coin called dogwifhat (WIF), which experienced a meteoric rise in 2024. The trader initially
After reaching an all-time high of $69,000, Bitcoin experienced a sharp decline of over 10%. However, the subsequent rebound to $68,000 has reignited positive sentiments among investors, with forecasts of a potential rally to unprecedented heights. Analyst Matthew Hyland has identified a key trend that may trigger a bullish surge for Bitcoin, with a projected
A recent report has shed light on the significant Bitcoin assets held by Elon Musk’s companies, Tesla and SpaceX. According to Arkham Intelligence, an AI-based blockchain analytics platform, Tesla made a major move in January 2021 by investing $1.5 billion in BTC. Since then, the automotive company has been actively involved in BTC transactions, selling
The surge in the cryptocurrency market has brought about a renewed interest in Ethereum-based altcoins. According to on-chain data analyzed by Santiment, several altcoins have recently experienced a significant increase in whale activity. This activity is reflected in the whale transaction count, which tracks transfers valued at $100,000 or more on the network. In this
The cryptocurrency community has recently been abuzz with excitement following a bullish prediction made by renowned analyst Willy Woo regarding the future of Bitcoin (BTC). Woo, well-known for his successful forecasting track record, has suggested that a significant surge in the price of Bitcoin is on the horizon. This prediction has been fueled by a