S&P 500 Closes Above 5000 For the First Time: What Does It Mean for Crypto?

The S&P 500 index has cracked the 5,000 threshold for the first time, signaling a historic milestone for investors and the broader market. This success embodies a period of vibrant economic vitality propelled by positive economic signals, befitting Federal Reserve monetary policy, and exceptional showing of top technology companies. S&P 500 closes over 5,000 for […]

Dogecoin Foundation Announces Ambitious 2024 Roadmap

The Dogecoin Foundation, led by senior software engineer Ed Tubbs, announced its strategic goals for 2024, which is another significant move in its ongoing vision to promote the cryptocurrency’s development and use. The foundation is renowned for its innovative projects like GigaWallet, LibDogecoin, and RadioDoge. Its roadmap will aim to enhance these projects and introduce […]

AI Giant OpenAI To Hit $2B Revenue Threshold Soon

OpenAI revenue reportedly surpassed $2 billion in December and is looking to double this figure next year. ChatGPT Maker Looking to Double Revenue in 2025 On an annualized basis, OpenAI’s revenue has exceeded $2 billion and much of this value is as a result of the success recorded by the company’s flagship AI product ChatGPT. […]

BTC Surges Beyond $48K, Reaching New Heights in Cryptocurrency Market

Bitcoin has recently achieved a significant milestone by surpassing the $48,000 mark in value. This notable achievement has garnered widespread attention within the financial community and beyond. Bitcoin has experienced remarkable price movements, demonstrating its volatile nature. Leading up to the milestone of $48,000, Bitcoin’s price exhibited substantial fluctuations, reflecting the dynamic nature of the […]

Experts Forecast Ethereum Price Surge to $19,190 by 2030

A recently published report by Finder conducted in January 2024 and shared with Coingape features the combined opinions of 40 crypto industry experts on the price projections for Ethereum (ETH) up to 2030. This survey, being a notable move to assess the growth potential of Ethereum, has delivered a common idea that there is a […]

Terra Classic: Can LUNC Price Keep Climbing After Clearing $0.0001 Hurdle?

Terra Classic is in the green like most altcoins but only with modest gains. After respecting support at $0.00009, bulls took the reins from the sellers, who have dominated since the LUNC price hit a Q4 milestone, topping out at $0.00028 in December. Is LUNC Price Going To $0.0002 In February? Terra Classic traded at $0.00011 on […]

XRP Price Prediction As Renewed Recovery Hints 14% Surge, But There’s A Catch

XRP Price Prediction: XRP, the sixth-largest cryptocurrency, has lagged in performance since the beginning of 2024, experiencing a 26.35% decline from its previous peak of $0.658 to a low of $0.485. Despite market uncertainties, buyers have successfully maintained the price above the crucial $0.5 support level, recently initiating a reversal from this threshold. This movement […]

Michael Saylor Makes Important MicroStrategy Bitcoin Statement

It seems business intelligence software company MicroStrategy has had a recent upgrade seeing that its former CEO Michael Saylor posted an interesting statement related to Bitcoin (BTC) on X. MicroStrategy as a Bitcoin Development Company During the latest Q4 earning call that was held earlier this week, Saylor called his firm a Bitcoin development company. […]

Could Bitcoin’s Open Interest Peak Signal a New Price Rally?

Bitcoins open interest has reached a record level of $12 billion, a number last seen in January 2018. The spike in Open Interest coincides with Bitcoin’s price recovery, which has recently broken past the $47,000 mark. The Cryptocurrency community is jam-packed with the bullish spirit as the numerous metrics indicate a possible change of trend, […]

COTI Price Skyrockets Over 35% Following MPC Protocol Integration

COTI, a fintech platform focused on digital transactions, has made remarkable progress recently as it integrated the advanced Multi-Party Computation (MPC) protocol into its Ethereum-based layer-2 network. The new strategic development aims to better the privacy and security capabilities of the Ethereum blockchain platform, becoming a milestone in COTI’s continual mission to create secure and […]