A further $500 million was brought to the capital markets with the introduction of the Bitcoin ETF, and more is expected as the overall market is recovering. It is anticipated that increased interest in the larger cryptocurrency market will bring more participants into the ecosystem during this bull cycle. Statistics that support the claim include the fact that, during Bitcoin’s price spike to above $73,000, 1500 Bitcoin wallets have turned into millionaire...
Read More »Is MicroStrategy (MSTR) A Better Investment Than Bitcoin? Experts Debate
Crypto industry veterans and investors are debating whether Bitcoin (BTC) or MicroStrategy (MSTR) is a better buy following several weeks of stellar performance for both assets. Since the start of the year, Bitcoin has rallied 54% on the back of massive demand for newly launched Bitcoin ETFs, whose shares have appreciated at the same rate as the underlying coin. MicroStrategy, however – the company owned by Bitcoin billionaire Michael Saylor – has risen 155% in that same...
Read More »Shiba Inu (SHIB) Might be Gearing up for Another Triple-Digit Rally: Here’s Why
TL;DR Analysts forecast a significant price increase for Shiba Inu, attributing it to its strong recent performance and a potential breakout above key resistance levels. Interest in SHIB is growing, as indicated by rising Google searches and advancements in its ecosystem, like the Shibarium layer-2 solution. 150% Price Surge on the Horizon? Shiba Inu’s price has been experiencing a downfall in the past few days, resonating with the broader correction reigning in the entire...
Read More »Bitcoin meetup à Monaco
Rendez-vous mensuel organisé par MonacoBitcoinMeetup. Où ? – 17h30 : Apéro au Gerhard’s Café, 42 Quai Jean-Charles Rey– 19h00 : présentation à The Office Monaco, 17 avenue Albert II, 1 Rue de la Lüjerneta Quand ? – Samedi 16 mars 2024 En savoir plus : https://twitter.com/Monaco_Bitcoin ...
Read More »XRP Bull Run Paused as Bears Push Toward $0.6 (Ripple Price Analysis)
Ripple’s price has failed to keep its upward momentum and is currently on a decline. Still, there are several support levels that might push the price higher again. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, the price has recently made a run at the $0.7 resistance level. Yet, it has been rejected decisively and is currently testing the $0.6 support level once again. In case this level fails to hold, the 200-day moving average located around the...
Read More »Bitcoin Price Analysis: BTC Undergoes Massive Correction Below $70K, What’s Next?
Bitcoin’s price has finally corrected after weeks of aggressive rallying. It dropped by around 10% recently, leaving market participants wondering whether a deeper crash should be expected. Technical Analysis By TradingRage The Daily Chart Looking at the daily chart, the price has been rallying over the last few months, consistently making higher highs and lows. Yet, the $75K resistance level rejected Bitcoin lower, and the market is currently dropping below the $68K support...
Read More »FTX and Alameda Research Transactions May Have Caused Ethereum Price Drop
CoinspeakerFTX and Alameda Research Transactions May Have Caused Ethereum Price Drop A closer examination of past instances reveals a pattern: whenever FTX and Alameda Research executed similar large-volume transfers of Ether tokens, Ethereum price experienced a notable correction. FTX and Alameda Research Transactions May Have Caused Ethereum Price Drop
Read More »Record Bitcoin ETF Inflows, New BTC ATH, and Ethereum’s Dencun Update Goes Live: This Week’s Crypto Recap
As the fourth Bitcoin halving approaches and is about a month away, the primary cryptocurrency’s price experienced something it hadn’t done before – to chart a new all-time high before that significant event. In fact, that happened last week but only intensified during the past several days. The weekend went as it typically does, in a quiet manner, as the asset had calmed at around $69,000. This Monday, though, mimicked the previous one in terms of daily gains, and BTC...
Read More »Blackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K
CoinspeakerBlackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K BlackRock’s iShares Bitcoin Trust (IBIT) set a new record in daily traded shares of about 100 million on Thursday and a record daily inflow of $849M on Tuesday. Blackrock’s IBIT Reached Daily Inflow Peak of Nearly $1B before Bitcoin Price Retraced Below $67K
Read More »JPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype
CoinspeakerJPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype Experts believe that with the potential of spot Bitcoin ETFs, this market cap difference might be bridged in the coming decade. JPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype
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