Tag Archives: featured1

Extreme greed has taken over the crypto market as the industry anticipates that the United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) application this week. Data from Alternative.me shows that the Crypto Fear and Greed Index currently sits at 76/100, representing a period of extreme greed among investors. The last time market sentiment spiked to this level was in November 2021, when BTC hit its all-time high, and the...

After the highly volatile first business week of the new year, BTC has calmed slightly and remained at around $44,000. Most altcoins are also quieter today, but the weekly charts showcase a different story, with numerous ups and downs. BTC Stalls at $44K It’s safe to say that the first week of 2024 was quite eventful. It all started with a massive leg-up on Tuesday that drove the primary cryptocurrency to a 21-month peak at nearly $46,000, perhaps fueled by anticipations of...

Will Tether go public any time soon? What are the new CEO’s plans for the company? What is keet io? Why is the Bitcoin Lightning network the best BTC payment solution? These and many more questions were answered by Paolo Ardoino, the new chief exec of the company behind the world’s largest stablecoin, in a recent interview with CryptoPotato. Additionally, he spoke about another project of his – keet io, which serves as a peer-to-peer web conferencing tool. Last but not least,...

Crypto market participants are moving to the sidelines, leading to low activity in the derivatives market as the date for the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin exchange-traded funds (ETF) approaches. According to a weekly report from market intelligence platform CryptoQuant, the decline in derivatives market activity is due to the rising costs of opening long positions and the spike in profit-taking among investors. Sell Orders Dominate...

Bitcoin faced enhanced volatility on Friday as well, dumping in minutes to $42,600 before jumping to $44,400 and ultimately settling below $44,000. Many altcoins have charted massive price declines over the past 24 hours, with AVAX, ADA, SOL, and LINK leading this adverse trend. Dominance on the Rise: Bitcoin Although it has been less than a week since the start of the new year, BTC has already recorded several massive price movements in either direction. It all started on...

This week has been quite eventful in terms of Bitcoin’s price action. In general, the total market capitalization increased by some $20 billion, which came on the back of a slight uptick in BTC. Most of the altcoins are trading in the red, so let’s have a look at what happened. First things first, Bitcoin is currently sitting at slightly below $44K, registering an increase of 2% for the past seven days. This also makes it the best performer from the top 10… by far. The week...

On this day, 15 years ago, Satoshi Nakamoto mined the genesis block of the Bitcoin network, laying the foundation for the cryptocurrency industry. Since 2009, the community has celebrated Bitcoin’s birthday every January 3, reminiscing about one of the most significant moments in crypto history. Bitcoin’s 15th Anniversary The genesis block contains the first 50 BTC earned as a reward for the transaction, which was released on Sourceforge, a web-based service offering...

Bitcoin had an impressive start to the year as it soared by more than three grand on the second day of the year, reaching its highest price point since April 2022 at almost $46,000. The rally came to an abrupt end today, and here are some of the possible reasons behind that nosedive. BTCUSD. Source: TradingViewSEC to Reject All ETF Proposals? All eyes in the crypto community in the past several months have been on the US Securities and Exchange Commission and the possibility...

Vitalik Buterin, the co-founder of Ethereum, has released a roadmap detailing the network’s upgrades and activities for 2024. In a series of tweets, Buterin stated that the 2024 roadmap contained few changes from the 2023 plan and that the network is set to focus on the Merge, the Surge, the Scourge, the Verge, the Purge, and the Splurge. Ethereum’s Roadmap For 2024 Since the Merge took place in September 2022, the Ethereum network will now prioritize implementing the role of...

What an eventful year it has been for the crypto industry! With 2023 coming to an end, the cryptocurrency space has had its share of battles and victories, all of which continue to shape an industry that, though still growing, has managed to make a mark in the global financial sector. This year, regulators came down hard on key players in the market, one of the biggest and most influential CEOs pleaded guilty to a criminal charge, and the hype around a spot Bitcoin...