Tag Archives: btcusd

Ether could double-down on its recent bull run by surging 500% more which will take it well within a five-digit price territory, suggested a former hedge fund manager and popular crypto analyst, Teeka Tiwari. He further claimed that Ethereum could surpass bitcoin as the most valuable crypto due to the high levels of utilization. ETH to $13,000? The Ethereum blockchain is arguably the most used network in the cryptocurrency space. From several stablecoins running on top of it...

With bitcoin, ether, and more alternative coins reaching for the stars with new records in the past 24 hours, the cumulative market capitalization of all crypto assets surged to new record levels above $2.2 trillion. Interestingly, this means that the total crypto market cap exceeded that of the world’s most valuable company – Apple. Crypto Market Cap Surpasses Apple’s After weeks of suffering beneath the $60,000 price line, bitcoin finally emerged victorious today. In a...

The popular Senegalese-American singer, rapper, songwriter, and record producer, Akon, shocked the world a few years back by announcing revolutionary plans to build a real-life Wakanda city in Senegal. The idea was to run entirely on renewable energy and be powered by Akon’s own cryptocurrency – Akoin. The ambitious endeavor garnered the world’s attention, and despite some challenges, recent reports indicated that the entire project should be completed within the next several...

The exponential growth of bitcoin and the entire cryptocurrency sector has caught the attention of global regulators, noted Kraken’s CEO, Jesse Powell. Speaking to CNBC, the executive warned of potential crackdowns, especially after the threats coming from the US government. Regulatory Crackdowns on the Crypto Industry? The cryptocurrency industry has been on a roll since mid-2020. Led by bitcoin’s massive increase, the explosion of NFTs, the growth of DeFi, and many more,...

CNBC’s Jim Crames has gone full-on crypto – from criticizing bitcoin a few years back to requesting his salary to be paid in BTC. During a recent interview, he also commented on Coinbase’s plans to become a publicly traded company and predicted even more bullish developments for the entire industry. Pay Me in Bitcoin: Cramer MicroStrategy’s CEO and founder, Michael Saylor, broke the news yesterday that his company has made another pro-bitcoin move. After purchasing nearly...

Bitcoin climbed by almost 5% so far only today, allowing the cryptocurrency to break the previous ATH at $61,781 and set a new one surpassing $63k, as of writing these lines. This breakout comes exactly one month after setting the previous all-time high on March 13, 2021. Before surging to the new peak today, bitcoin struggled to produce a daily closing candle above $60,000 in April. It had dropped as low as $55,400 toward the end of last week as it started to recover from...

Although bitcoin’s price continues to struggle at $60,000, on-chain data indicates several bullish developments for the primary cryptocurrency. Institutional investors have only intensified their purchases, long-time HODLers and miners refuse to sell, and the BTC stored on exchanges keeps declining. On-Chains Data Suggests Skyrocketing BTC Demand As CryptoPotato reported before, the number of bitcoins held on cryptocurrency exchanges has been declining for a while. More...

The number of companies filing to receive approval to launch a Bitcoin ETF in the US continues to increase with the addition of Mike Novogratz’s Galaxy Digital. If approved, the Galaxy Bitcoin ETF will trade on the NYSE Arca exchange.  Based in New York, Galaxy Digital is a diversified financial services firm dedicated to the cryptocurrency and blockchain industry. The company has made another pro-crypto step by filing with the US Securities and Exchange Commission to launch...

The growing anticipation for the 15th Binance Coin burn led to a highly volatile trading day in which the token surged to yet another all-time high of roughly $640 before dumping by over $100 in minutes. Interestingly, the enhanced fluctuations resulted in over $125 billion in BNB liquidated in hours. 15th Binance Coin Burn Incoming Initially, as stipulated in BNB’s whitepaper, the token goes through a burning process every quarter in which Binance buys and destroys BNB worth...

MicroStrategy, a publicly-listed company spearheaded by Michael Saylor, who’s arguably one of Bitcoin’s biggest proponents, will now pay the board fees to its non-employee directors in bitcoin. According to a new filing with the United States Securities and Exchange Commission (SEC), MicroStrategy has modified the compensation arrangements for non-employee directors. Per the document, they will “receive all fees for their service on the Company’s Board in bitcoin instead of...