Bitcoin (BTC) has crossed the $50,000 threshold, the highest level since 2021, causing an upheaval in the market and drawing the interest of investors worldwide. This rise is attributable to large money inflows into Bitcoin ETFs, a bullish options market, and supportive trends in the futures market. At press time, BTC was trading at $49,763, […]

In an appearance on CNBC’s Squawk Box, Anthony Pompliano, a well-known cryptocurrency advocate, shed light on the burgeoning interest from Wall Street in Bitcoin, revealing that institutional investors are purchasing Bitcoin ETF at a rate of 12.5 times greater than its daily production. This surge in demand comes as the cryptocurrency market anticipates the upcoming […]

Considering the recent Bitcoin rally, American stockbroker and financial commentator Peter Schiff thinks that this may just be “another classic pump-and-dump” cycle.  Bitcoin Rally Drawing New Speculations Earlier on Monday, the price of Bitcoin blew past the $50,000 threshold, marking the highest level the coin has reached in the last three years.  The surge triggered […]

Solana (SOL) has experienced a decline in its market price despite the overwhelming success of its mobile division. The blockchain company recently announced that pre-orders for its second crypto-enabled smartphone have surpassed 100,000 units in just over a month, a significant milestone that underscores the growing interest in crypto-integrated devices. However, this enthusiasm has not […]

FTX, the crypto exchange that filed for bankruptcy in November 2022, will sell Digital Custody Inc (DCI), one of its subunits acquired in the past, for a fraction of the original purchase price. The sale of CoinList, a tokenized platform, is capped at $500k, unlike the $10 million on FTX paid for DCI during August […]

Based on the current outlook of the stock market, leading Artificial Intelligence (AI) firm NVIDIA Corp. has subtly outranked e-commerce company Amazon.com Inc.  NVIDIA Hits $1.83T in Market Capitalization NVIDIA has hit a milestone with its recent 2.9% rise to a market value of about $1.83 trillion. With this value, the AI giant is now […]

Ethereum, the blockchain platform second only to Bitcoin in market capitalization, has achieved a significant milestone in its staking participation rate, surpassing the 25% mark. This development, highlighted by on-chain analytics firm IntoTheBlock, underscores a growing interest and confidence in Ethereum’s proof-of-stake (PoS) consensus mechanism. The increased staking participation demonstrates the community’s faith in Ethereum’s […]

Bitcoin ETF approval stood as a landmark decision for the digital asset world. Since its debut, Bitcoin ETFs have garnered a lot of attention and have seen inflows stabilize slowly. According to a Bloomberg report, the ETF launch has now been termed “successful” as the trading has now surpassed multiple records. Bitcoin ETF was deemed […]

Crypto-focused venture capital company Digital Currency Group (DCG) has announced its new revenue for the fourth quarter of 2023. Bitcoin Boosts Digital Currency Group Revenue Boost In a letter sent to investors, Digital Currency Group claimed to have had a 59% boost in its revenue in Q4, 2023. Compared to Q4 2022 when the consolidated […]

A breakout has been brewing for Dogecoin price since the beginning of the year, however, the largest meme coin is yet to find an escape. Stuck within a narrow range from support at $0.075 and resistance at $0.088, DOGE trades at $0.0811 during the American session on Monday. Can Dogecoin Breakout To $0.1? Although activity in the […]