Markets

The crypto community mourns on X as the 2024 bull market seems to be over. No, this is not a drill, Jim Cramer said on national TV that bitcoin is a winner and he advised people to own BTC. If this isn’t a clear bear signal, we don’t know what is. Bitcoin Is a ‘Winner’ The host of CNBC’s Mad Money has frequently outlined somewhat controversial viewpoints and advice in his show. His success rate, at least when it comes down to crypto, has been… mixed. Actually, he has changed...

It’s been barely a few weeks since the pro-crypto candidate Donald Trump won the United States presidential elections, and the digital asset market still feels the impact of that victory. As the Trump administration prepares to take complete charge of affairs at the White House by January, crypto users anticipate what this could mean for the industry. According to a quarterly institution report by the digital asset exchange Bybit and the crypto research firm Blocks Scholes,...

Bitcoin tried and tried to break into a six-digit price territory but was stopped just inches below $100,000 and has been pushed south by around a grand. Its dominance over the alts has slumped in the past day, as many, such as DOGE, ADA, AVAX, and DOT, have charted double-digit surges. BTC Fails at $100K Bitcoin had a highly positive business week, which started with a price surge to over $90,000 on Monday. After a brief retracement, the bulls returned and helped BTC chart a...

Since the Trump Trade narrative ran its course in the crypto market, several digital assets, including Ethereum, have surged in value; however, while most coins have seen investors take profits, the same cannot be said for ETH. According to a CryptoQuant report by pseudonymous analyst Onatt, retail ETH investors appear to be holding their positions instead of taking profits, suggesting that many traders still see the cryptocurrency as undervalued. Retail ETH Investors Not...

The Chairman of the US Securities and Exchange Commission, Gary Gensler, took to X to announce that he will be stepping down from his position on January 20th, 2025. Gensler published a thread on his account on X, confirming what many already suspected. He will step down from his position on January 20th – the day Donald Trump is to be inaugurated as the 47th President of the United States. “The SEC is a remarkable agency. The staff & the Commission are deeply...

Gary Gensler, the current chairman of the U.S. Securities and Exchange Commission (SEC), confirmed on Thursday that he will be stepping down from his role starting in January.  Gensler confirmed the news in an announcement on Twitter and a post to the SEC’s website, saying it had been an “honor of a lifetime” to “ensure that our capital markets remain the best in the world.” “I thank President Biden for entrusting me with this incredible responsibility,” Gensler added. “The...

Bitcoin has just broken past the $98,000 mark for the first time ever, sending crypto traders into a frenzy. As a result of BTC’s rally, many traders are hunting for altcoins that could explode in the upcoming bull run. One contender in this regard is Best Wallet’s native token, BEST – which has raised over $600,000 in presale funding in just ten days. Bitcoin Nears $100K as FOMO Sweeps the Crypto Market What a week it’s been for the king of crypto. Bitcoin has been on an...

Bitcoin reached a new peak of $95,000 hours ago but was rejected and pushed south by over a grand within minutes. Although it has recovered some ground, many altcoins, especially from the meme coin niche, have plummeted hard, leaving over $400 million in liquidations on a daily scale. The specific dump is evident by the plunging meme coin market cap. While that of the entire crypto market has dropped by 2.3% over the past 24 hours to $3.2 trillion on CG, the meme coins have...

Bitcoin surged past $94,000 today, hitting a new all-time high and keeping the crypto market’s momentum alive. But while all eyes are on BTC, some analysts are pointing to Pepe Unchained – a meme coin project that’s raised over $40 million in presale. Could this rising star steal some of Bitcoin’s thunder? Bitcoin’s Unstoppable Momentum Pushes It Past $94K Bitcoin’s rally to $94,200 has solidified its dominance in this market cycle, with the momentum showing no signs of...

Wrapped Bitcoin’s (wBTC) team has expressed surprise and disappointment at Coinbase’s decision to delist the token. In a statement shared on X, it urged the crypto exchange giant to reconsider this decision and continue supporting the trading of the token. The team said the token has positioned itself as a decentralized and transparent wrapped BTC product, supported by “innovative mechanisms and rigorous governance.” They even highlighted their adherence to custody processes,...