Peter Schiff Labels Bitcoin Rally “Another Classic Pump and Dump”

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’s SOL Price Drops Despite Phone Pre-Orders Surpassing 100K

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 to Sell Digital Custody Unit for $500K, Down from $10M Buy

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 […]

AI Giant NVIDIA Outranks Amazon as 4th Largest US Company

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 Staking Hits New High, Surpasses 25% Participation

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 Debut Month Clocks Record Trading Volume

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 […]

Digital Currency Group Hits 59% Revenue Boost in Q4: Details

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 […]

What’s Next For Dogecoin Price Amid Dwindling Whale Transaction Count

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 […]

Optimism Price Prediction As Buyers Eye Final Hurdle on Path to New All-Time-High

Optimism Price Prediction: Amid the broader crypto market’s recovery phase, Optimism has experienced significant buying interest, particularly above the $3 mark. Over the past week, this altcoin has risen from $3.08 to its present price of $3.76, marking a notable 22% increase. This upward movement has effectively recaptured 50% of the losses from the previous […]

XRP Price Surge To $1.4 Imminent If This Support Holds?

XRP is currently experiencing a minor uptick in its market performance, with a recent pullback. Within the last week, XRP price has consistently traded between $0.52 and $0.50, with an ascending trend. The past week showcased an impressive gain of over 5%, highlighting a strong buying interest. Alongside XRP, other cryptocurrencies, including BTC, have seen […]