Despite the recent approval of Spot Ethereum ETFs, analysts anticipate the probability of Ethereum making a new all-time high by the end of 2024 is very low. The analysts attribute this prediction to Ethereum’s inability to keep momentum compared to…
Bitcoin price finally surpassed the $64,000 mark yesterday reaching a new height of $64,879.13 following weeks-long ups and downs. This surge was in anticipation of coming Reserve Bank’s interest rate cut decision backed by Fed Chair Jerome Powell’s positive signal…
Celsius Network Ltd. has filed a lawsuit against Tether and its affiliates, alleging the stablecoin issuer fraudulently transferred over $2 billion worth of Bitcoin. The Celsius lawsuit claims these actions occurred during a critical period leading up to its collapse….
Investors are on edge after the broader crypto market suffered with its most severe three-day downturn in almost a year. The digital asset market shed a staggering $510 billion in value since August 2nd, mirroring a broader decline in traditional…
In a surprising turn of events, Bitcoin, the world’s largest cryptocurrency, has been outshone by tech giant Nvidia over the past year. While both assets have enjoyed significant gains, Nvidia’s performance, driven by the AI boom, has eclipsed Bitcoin’s. Despite…
Vice President Kamala Harris’s campaign is actively engaging with prominent crypto enterprises, including Ripple, Coinbase, and Circle, in a strategic bid to fortify relations between the Democratic Party and the burgeoning cryptocurrency sector. As the 2024 presidential election heats up,…
The launch of spot Ethereum ETFs, while long anticipated, encountered a tepid reception from investors, with a net outflow of $341 million in its first week of trading. This contrasts sharply with the success of Bitcoin-backed ETFs, which have seen…
In a recent survey conducted within the Reddit community, creditors of the Japanese cryptocurrency exchange Mt. Gox which collapsed into bankruptcy a decade ago, are reluctant to sell their Bitcoin payouts. More than 50% of the creditors are willing to…
Bitcoin experienced a drop below the $58,000 threshold for the first time in more than two months. It was on May 1st when the leading cryptocurrency Bitcoin dropped below the $58,000 mark. This prominent digital asset’s price declined to as…
The Bitcoin community is buzzing following a mysterious message from Michael Saylor, the founder of MicroStrategy and a major investor in Bitcoin. Saylor posted a message on platform X (formerly known as Twitter) that said, “Take a ₿ite,” alongside an…
