Markets

With Bitcoin hitting new all-time highs twice this week, the crypto community is perhaps rightfully speculating that the new bull cycle has already begun. Meme coins have been at the forefront of the recent gains, with the two largest going at it, and a new battle has started – which one of them will be the largest during this run. The gap between their market caps has narrowed in recent weeks and is under $4 billion, while it was at almost $10 billion in early February. So,...

SMOG is the latest crypto sensation. The dragon-themed meme coin exploded 391.93% this week to attain a $265 market cap. The key allure of SMOG is its series of airdrops that have gone viral on social media platforms. With 30% of the token supply set aside for airdrops and 50% allocated for marketing, SMOG is strategically becoming a meme coin worth watching. 600% Jump in a Month: The SMOG Phenomenon Explained SMOG is a new meme coin that entered the market as a stealth...

Bitcoin (BTC) will blow past $250,000 this cycle thanks to years of HODLer conviction slingshotting its price to the moon, according to lead Glassnode analyst James Check. In an interview with What Bitcoin Did on Thursday, the analyst broke down why the Bitcoin market appears far more robust compared to the last time the asset’s price touched $69,000. Why This Cycle Is Different: Glassnode According to Check, the Bitcoin network entered a “bull market distribution phase”...

The price of Ether (ETH), the second largest cryptocurrency by market cap, could soar to $10,000 or even higher this year despite the asset being overshadowed by Bitcoin (BTC) in the past months. These were the words of Juan Leon, crypto research analyst at asset manager Bitwise. According to Leon, ETH, worth $3,950 at the time of writing, could rally past its all-time high of $4,800 and possibly surpass $10,000 due to catalysts like the upcoming Dencun upgrade and excitement...

[PRESS RELEASE – Australia, South Australia, March 8th, 2024] Bavarsis: Pioneering Innovation in the Cryptocurrency Market March 2024, Australia – In the dynamic landscape of investment, Bavarsis emerges as a beacon of innovation and opportunity, offering a realm of innovation and potential that transcends mere user-friendliness. Leveraging the capabilities of Artificial Intelligence (AI) and trading bots, Bavarsis facilitates rapid arbitrage trading, presenting a versatile...

TL;DR Binance is set to introduce XRP/USDT options trading by the end of the week, aiming to improve trading experiences with competitive pricing. The company also adjusted its offerings by suspending Solana withdrawals, delisting several altcoins, and adding new assets to Binance Loans. The leading cryptocurrency exchange continues implementing amendments on its platform “to enhance users’ trading experience.” According to a recent announcement, Binance will launch XRP/USDT...

CoinspeakerAI Cryptocurrencies Double in Value, Reaching $25B Market Cap in Just 20 Days The surge in AI crypto market cap can be largely attributed to the increased attention and adoption of AI solutions. AI Cryptocurrencies Double in Value, Reaching $25B Market Cap in Just 20 Days

CoinspeakerBlackRock Pursues SEC’s Nod to Add Bitcoin ETFs to Its Global Allocation Fund BlackRock's existing spot BTC ETF stands out as the top-performing option in the market, contributing to the surge in demand for Bitcoin ETFs. BlackRock Pursues SEC’s Nod to Add Bitcoin ETFs to Its Global Allocation Fund

Bitcoin cash is eyeing a fresh increase above the $450 resistance against the US Dollar. The price is now trading above the $400 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $425 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $435 and $450 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $400 against the US...

Amidst the market-wide rally, Bitcoin miners appear to be reaping substantial rewards. On March 6th, they earned a staggering $75.9 million in daily revenue marking the second-highest figure in the leading crypto asset’s history. This also represented a notable increase of 30.74% from the previous day and a remarkable surge of 293.1% compared to the same date one year ago. Record-Breaking Day for Bitcoin Miners As updated by Julio Moreno, head of research at CryptoQuant, this...