Bitcoin (BTC)

Réalisation : Guillaume Goualard pour Grand Angle Crypto

Ilya Lichtenstein, the man behind the looting of billions of dollars from Bitfinex,  is now helping federal prosecutors build a case against Bitcoin Fog, a crypto mixing service. Lichtenstein pleaded guilty to money laundering charges last year after hacking Bitfinex and getting away with Bitcoin worth $3.6 million. Lichtenstein Testifies in Washington Trial According to Bloomberg, Lichtenstein appeared in a Washington, D.C., trial this week where Roman Sterlingov was accused...

TL;DR Bitcoin’s price has seen significant increases recently, surpassing $62,000 and sparking speculation about the start of a major bull run. Some important factors hint that reaching a new all-time high might be just around the corner. BTC Halving Bitcoin’s price has excited the cryptocurrency participants and shocked the naysayers in the past few weeks, witnessing exponential surges. It currently trades at over $62,000, while the rally in February represented the longest...

The ongoing rally is challenging market expectations regarding the impact of spot Bitcoin ETF inflows, which were speculated to propel the leading asset to break all-time highs by the end of March. With Bitcoin exceeding $59,000 on Wednesday, marking a gain of over 5%, indications suggest that a new peak may materialize sooner than anticipated. Funding Rate Fears vs. Spot ETF Strength The rally is primarily driven by demand, evidenced by spot ETF volumes surpassing $3.2...

TL;DR Analysts predict a bullish future for XRP, expecting a substantial price increase to nearly $2 by July due to technical indicators and market factors. Optimism is fueled by Ripple’s legal developments and the Bitcoin halving event, with some predictions suggesting XRP could reach all-time highs beyond $5.85. Where Is XRP Headed? Ripple’s XRP has not recorded the same spectacular price ascents as other cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Solana...

The crypto market’s rally clearly indicates that institutions have shown a stronger preference for Bitcoin and Ether, allocating approximately 40% each to these top assets. As of January 31st, 2024, these entities have dedicated 15% to stablecoins and only 5% to alternative coins. A new report by Bybit suggests that institutional portfolios have become significantly more focused, increasing from 50% to 80% over the past few months. In contrast, retail investors display a...

Some on-chain indicators are flashing signs that Bitcoin (BTC) may be overheating following its rally to the $64,000 price mark, indicating a significant correction could occur soon. According to a weekly report from market intelligence firm CryptoQuant, the rising traders’ unrealized profit margin and the high cost of opening new long positions in perpetual futures markets suggest the emergence of a pause or correction in BTC’s price. BTC’s Remarkable Rally Since the...

While Bitcoin has stalled and even retraced slightly below $62,000, meme coins have made the news this week with mindblowing gains, led by Dogwifhat (WIF). The total crypto market cap has declined slightly on a day scale, but it is up by more than $100 billion in the past seven days. Meme Coins’ World The bull market seems to be back on track as assets that were less popular last year have gained a lot of traction with massive gains now. Such is the case with the largest meme...

The second-largest meme coin by market cap – Shiba Inu (SHIB), has been among the top performers in the crypto market in the past week or so. Although the entire meme coin sector has charted impressive gains, SHIB’s price could be poised for further gains given several factors that were recently listed by ChatGPT’s rival – Perplexity. Bitcoin had a few big weeks in February as it managed to close it with the most substantial monthly gain in its history. However, the asset...

TL;DR Shiba Inu experienced a substantial price increase, outperforming major cryptocurrencies and bringing profits to a majority of its holders (at least on paper). Its market cap rose notably, making it one of the top digital assets, but the token remains a risky investment due to its volatility. Shiba Inu’s Massive Resurgence The second-largest meme coin – Shiba Inu – was not among the best-performing cryptocurrencies last week when the market started booming. However, it...