Can Bitcoin Cross $45K Amidst Bearish Trends?
Bitcoin faces stagnancy post-SEC ETF approval, with a 4% weekly drop. Tether acquires 8,888 BTC, aligning with its diversification strategy. In a recent turn of events, the price of the…
NFT Volume Witnessed Nearly 50% Decline YoY in 2023
From the Q1 2022 through the fourth quarter, digital art volumes fell by more than $10 billion. However, late 2023 and early 2024 were promising times for the NFT market.…
Court Orders Independent Examiner in FTX Bankruptcy Case.
Ruling of Judge John Dorsey of the U.S. Bankruptcy Court was overturned. The court found that prospective investors would benefit from more clarity.An independent examiner was ordered to be appointed…
Donald Trump’s NFTs Are Live on Bitcoin Ordinals.
Trump merges NFTs and Bitcoin with “One-of-One” Ordinals, priced at $9,900.His digital collectibles spark interest amid exclusivity and imposed limitations.Former U.S. President Donald Trump is intertwining the worlds of cryptocurrency…
Bitcoin Breaks Below Key Support as Price Faces Severe Sell-off.
At the time of writing, Bitcoin is trading at $41,380, down 3.04% in the last 24 hours.If the price manages to go below $40,680 level, then it will likely test…
USDT Issuer Tether Purchased $380 Million Worth of Bitcoin. Will you?
Tether now has an astounding 66,465 BTC, or around $2.8 billion, in bitcoin.In September 2022, Tether bought 33,980 BTC to start their Bitcoin gathering journey.Tether, the issuer of the USDT…
Why is Bitcoin Dropping? Unraveling Grayscale’s BTC Selling Spree.
Major Bitcoin holder Grayscale has engaged in a significant sell-off of BTC.Over the past week, the price of Bitcoin has dropped from $46,200 to $40,756.The flagship cryptocurrency, Bitcoin (BTC), is…
Ethereum Faces Bearish Pressure as Brief Correction Underway.
At the time of writing, ETH is trading at $2517, down 0.98% in the last 24 hours.If the price manages to go above $2611 level, then it will likely test…
Shiba Inu Burn Rate Surges But Will That Help SHIB Bulls?
Shiba Inu experiences a 6,000% surge in burn rates, impacting token supply.Analysts predict a Potential rally to $0.00001129 or a downturn to $0.00000826.Shiba Inu, a prominent memecoin has recently caught…
JPMorgan CEO Jamie Dimon Warns Against Bitcoin Investments.
The comment is the most recent in Dimon’s string of criticism directed against Bitcoin. Although Dimon was dismissive of Bitcoin, he did voice his support for blockchain technology. The chief…