Crypto news

Things change fast in the cryptocurrency industry. In the span of seven days, the market shifted completely, with the sentiment escaping the fear zone. The total capitalization also soared, adding a whopping $165 billion in the process. But what happened? Well, let’s dive in. First things first, it’s important to note that BTC’s price is currently trading above $26K, reaching highs last seen nine months ago in June 2022. This marks a 30% increase, and it comes on the back of...

Leading crypto Bitcoin climbed to $27K Friday, extending its 2023 bullish run amid intensified talks of a $100K price level.  Bitcoin (BTC) has extended its recent bullish momentum, recently hitting $27K for the first time since June last year. On Friday, the dominant digital currency climbed to $27,028, marking a 6.5% increase in 24 hours. This latest 6.5% price spike also saw BTC’s market cap swell within the same period to $549,070,761,254. However, Bitcoin has sustained marginal...

Bitcoin – the world’s number one digital currency by market cap – rose to $25,000 per unit in mid-February, thus giving traders newfound hope that the crypto market can indeed recover from its 2022 lows. Bitcoin Just Keeps Jumping 2022 was the worst year on record for the digital currency space. At the end of November in 2021, the price of bitcoin had risen to $68,000 per unit, the highest it’s ever been. Everyone was confident the space was going to reach all kinds of...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum (ETH) This week, the market sentiment completely shifted, with bulls taking full control of the price action. ETH rallied by 21%, making it the best performer on our list. This spectacular rally allowed it to break above the key resistance at $1,660, which has now turned into support. With the uptrend in full swing, this cryptocurrency can reach $2,000, which is a key...

On-chain analyst Lookonchain detected an address tied to the exploiter of the Ethereum-based lending protocol sent 100 Ether (approximately $171,700) to a wallet associated with Lazarus Group’s mammoth Ronin network hack. While it is still unclear if the Euler exploiter is affiliated with the North Korean state-sponsored cyber threat group linked to the North Korean Reconnaissance General Bureau (RGB), the interaction is peculiar as many community members had previously...

Most individuals return their investment amount within 3-10 days on HappyMiner. In this HappyMiner review, You will read about cloud mining services a well-known US hash provider provides. Let’s find out if HappyMiner is legitimate or a scam, what services they now supply to investors, and how realistically profitable their contracts are. What is HappyMiner? HappyMiner is a licensed cloud mining company founded in 2018 in the United States. Like any certified hash...

Mike Novogratz – a bitcoin bull and billionaire behind the hedge fund Galaxy Digital – is confident about BTC’s sudden price increases. He believes the currency could hit $30K in the coming weeks, and he’d be extremely “happy” if the asset stayed at that price through the end of the year. Mike Novogratz Doesn’t Think 2023 Will Be a Year of Huge Gains At first glance, this doesn’t sound like the opinion of a true bull. One who falls into this category would likely think...

With the Beijing development, Baidu can now operate a driverless taxi service in three Chinese cities, including Wuhan and Chongqing. Chinese tech giant Baidu has secured the right to offer the first fully driverless taxi service in China’s capital, Beijing. On Friday, the Beijing-based company made the announcement, which also included part of its logistical rollout. Baidu said its Apollo Go service would deploy 10 fully driverless cars in a technology park developed by Beijing’s...

The Messari CEO said firms may choose to use Bitcoin as the exit plan. The growing strain in the broader financial market has been tagged as a yardstick for a more ambitious fundamental that can drive Bitcoin (BTC) price growth according to projections from Messari CEO, Ryan Selkis. Taking to his official Twitter account, Selkis said he believes Bitcoin can touch a $100,000 price target within the next 12 months. As an expert who runs one of the most versatile crypto analytics platforms in...

As the Fed intervenes in order to prevent a crisis in the US banking system, analysts answer whether the Fed has chosen to pivot from its quantitative tightening measures. The banking crisis last week in the US pushed Wall Street to the edge giving glimpses of yet another 2008-like financial crisis. However, the Fed and other agencies intervened pumping a fresh $300 billion into the economy and thus increasing its balance sheet. This has served as a temporary oxygen to the global...