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The past few days have been mostly about consolidation, following Bitcoin’s rally to $35K and the slight correction that followed. These tend to be periods where the price fails to excite, but rather, market participants are evaluating their current standings and projecting what might happen next. Bitcoin Price Steady Above $34K The past 24 hours were optimistic for Bitcoin’s price, which managed to maintain above $34K. In fact, BTC attempted a push, but it was unable to...

Ever since the conflict, or war, between Israel and Hamas started a couple of weeks ago, two assets have been showcasing notable price increases – bitcoin and gold. As such, we decided to ask the AI chatbot which one of the two will continue its positive movements and perform better as long as the conflict rages on. Gold Vs. Bitcoin During a War Geopolitical tension is always taking its toll on financial markets, just like what happened last year when Russia launched its...

Bitcoin’s price slipped under the $34,000 level but the bulls managed to intercept the move and the asset stands just north of it as of now. Several altcoins have outperformed the largest cryptocurrency, including Chainlink, Aptos, and Cardano. BTC Back Above $34K Bitcoin is at the end of one of its most favorable and positive trading weeks in a long time. It all began on Monday when BTC finally reclaimed decisively the $30,000 level. By the end of the day and on Tuesday...

The market is seemingly starting to wake up, and enthusiasm is as high as it’s ever been this year. The industry added another $140 billion to its capitalization throughout the last seven days on the back of considerable gains across the board. Starting off with Bitcoin’s price, it’s up a whopping 14.3% in the past week, currently trading at around $34,000 at the time of this writing. Last weekend was relatively slow, but it all changed on Tuesday when the price exploded...

Bitcoin (BTC) registered a yearly high above $34,000 on Monday amid ongoing excitement that a spot Bitcoin ETF approval may be on the horizon for U.S. investors.  As of writing, the asset’s gains have triggered $327 million in liquidations across the crypto market in the last 24 hours.  According to TradingView, Bitcoin traded for $31,629 at 22:00 UTC on Monday, before skyrocketing to $34,140 over the next 40 minutes.  Bitcoin now trades for $33,219, which is still higher...

Ripple (XRP) is the 5th largest crypto by market cap behind BTC, ETH, USDT, and BNB. In mid-October 2023, Ripple had a market capitalization of $26.6 billion. XRP price began to rally again in mid-October after six months of hardly moving (other than a July spike that lasted about a few weeks). Here are six major XRP price factors moving forward: 1. Tailwind: SEC Drops Charges Against Ripple Executives Ripple tokens jumped to 6% gains on the 7-day window Thursday after...

It’s been one hell of a week. Bitcoin’s price is up by a whopping 10% throughout it, and the entire market is painted in green. Ripple’s streak of wins against the US Securities and Exchange Commission continues. There’s a lot to unpack, so let’s dive in! First things first, after a relatively boring weekend where nothing much happened, it was all engines go on Monday. And yet, the reason will astound you. A report came out that the United States Securities and Exchange...

Finance Ministers and Central Bank Governors (FMCBGs) from G20 nations, under the Indian Presidency, have announced unanimously adopting the ‘G20 Finance Ministers and Central Bank Governors Communique’ during its meeting in Marrakesh, Morocco. This comes a month after the G20 member nations accepted the crypto regulatory roadmap outlined in a collaborative report titled “IMF-FSB Synthesis Paper: Policies for Crypto-Assets,” jointly presented by the International Monetary...

In a wild twist of fate, the crypto world’s foundation trembled as the FTX empire crumbled last year, leaving its founder, Sam Bankman-Fried, standing trial for a fraud of epic proportions. The US government asserts that this disgraced crypto mogul orchestrated one of the grandest financial deceptions in history, while his defense paints him as a naive young enthusiast who swam too deep in the digital tides. Two weeks deep into the riveting high-stakes drama of the courtroom,...

After the more volatile end of the business week, the weekend continues to be rather dull in terms of BTC’s price performance, with the asset stuck below $27,000. The altcoins also trade quietly, with minor gains charted by DOGE and ADA, while SOL is down by about 1%. BTC Boring Below $27K Bitcoin was riding high last week, as it even challeged $28,000 on a few occasions. However, it failed there, perhaps due to the global uncertainty propelled by the latest conflict between...