Binance Coin Price: Earlier this week, the cryptocurrency market witnessed a sudden sell-off which plunged the Bitcoin price to a low of $57500. While the retracement spread to the altcoin market as well, the BNB token of the Binance crypto exchange showcased a robust recovery evidenced by five green candles in the daily chart. This […]
What’s Happening With XRP?
XRP, Ripple’s native token, has had an uptrend from the start of February, but the price has fluctuated a lot in recent days. Earlier, the price had dropped by more than 2%, but within a few hours, it made a return, confusing investors with the rapid price changes. So, what’s happening with XRP? Let’s discuss […]
Crypto Price Prediction: Can Bitcoin Recovery Hit $80000 This Month?
Crypto Price Prediction: On Monday, the leading digital asset Bitcoin breached the $70000 psychological mark and reached a new all-time high of $71766. The recovery keeps the broader market trend intact, further boosting the growth of the altcoin sector. According to data from the on-chain analytics firm SpotOnChain, a significant move by a notable Bitcoin […]
Ripple CEO: Only RWA Can Validate “Crypto is Back” Hype
Brad Garlinghouse, CEO of blockchain payments firm Ripple Labs Inc, has highlighted the surging volumes of Bitcoin (BTC) Exchange-Traded Funds (ETFs) and the imminent halving event, noting their significant influence on the broader cryptocurrency market. Garlinghouse highlighted the historical pattern of the crypto market following BTC’s lead, a trend observed across multiple market cycles. He, […]
Bitcoin ETFs Soar to $55 Billion, Double Volume in Just 2 Months
The recent launch of spot Bitcoin ETFs in early January 2024 marked a significant milestone for the cryptocurrency industry. In an astonishing turn of events, these ETFs have amassed $55 billion in assets. Additionally, they registered a trading volume 100% larger than anticipated. This unprecedented success has drawn the attention of industry analysts and investors […]
BlackRock & Fidelity Records $700 Mln Inflow, Bitcoin Price Rally
On March 11, 2024, the U.S. Spot Bitcoin ETF experienced an unprecedented surge in inflows, marking a significant milestone in the cryptocurrency market. According to provisional data by Farside UK, the ETF attracted approximately $505.6 million in institutional investments, showcasing a substantial vote of confidence in digital assets. Notably, this surge in inflows highlights the […]
Ethereum Price Has Crossed 4,000 mark: Will ETH Hit All-time High?
Bitcoin crossed the $70,000 mark to hit an all-time high of $72,242.51 before retracing to its current price of $71,947. As BTC soared, Ethereum price also tagged along crossing the $4,000 mark, having grown by 60% in the past 30 days. The leading altcoin by capitalization achieved its all-time high of $4,891.70 on Nov 16, […]
Here’s Why Ethereum Dencun Upgrade Is a Big Deal
The Ethereum network is poised for a significant transformation with its latest software update, Dencun. This update, dated March 13th, is expected to reduce operational costs, especially on Layer 2 networks. Such development may open the door for open access that could breed unprecedented innovation within the Ethereum ecosystem, affecting decentralized finance (DeFi), gaming, and […]
Ethereum Put Options Demand Surges, ETH Price Correction Soon?
The world’s second-largest cryptocurrency Ethereum (ETH) has been holding strongly above $4,000 as the ETH price gears for a further rally to a new all-time high all the way to $5,000. However, the derivatives data tells a different story. Ethereum Price Correction Ahead? Market analysts at QCP Capital report a significant development in the Ethereum […]
Just-In: Coinbase (COIN) Target Price Revised on Estimated $220B Bitcoin ETF Inflows
Crypto exchange Coinbase shares has picked a spectacular rally amid bullish Bitcoin and crypto market. After Goldman Sachs and other financial giants, investment banking and asset management firm JMP Securities has raised the target price of Coinbase shares to $300. Coinbase (COIN) Price Target JMP Securities analyst Devin Ryan revised the target price for Coinbase […]