In the lead-up to the US elections on November 5th, Bitcoin has shown remarkable resilience and an impressive uptick, trading over 40% higher than its historical averages. This surge has garnered the attention of financial analysts and investors alike, especially in light of the promises made by the Trump campaign, which emphasizes a favorable regulatory
In a notable turn of events, Bitcoin recently approached the critical $100,000 mark, only to experience a minor dip, settling at approximately $98,000. This week commenced with Bitcoin trading around $90,000, exhibiting a strong upward momentum that propelled it past its previous peak of $93,800. The catalyst for this bullish movement was the substantial inflow
The cryptocurrency market is once again buzzing with excitement as analysts draw parallels between current price trends for Ethereum (ETH) and the meteoric rise witnessed in 2017. The concept of technical patterns in trading provides valuable insights into potential future movements, and Ethereum’s recent behavior has caught the attention of experts. Particularly, the emergence of
In the last trading week, Bitcoin exchange-traded funds (ETFs) in the United States have experienced an extraordinary surge in net inflows, marking a significant moment for cryptocurrency investors. Across multiple days, Bitcoin ETFs attracted billions, demonstrating an impressive resilience and strength that stands in stark contrast to the declining fortunes of Ethereum counterparts. Following the
In a significant development within the financial sector, Charles Schwab, a prominent asset management firm, may soon navigate the waters of the crypto exchange-traded fund (ETF) market. The company’s incoming CEO, Rick Wurster, recently hinted at this potential shift during an interview with Bloomberg. He indicated that Schwab is poised to launch spot digital currency
As the United States approaches a pivotal change in leadership with the impending return of Donald Trump to the presidency, the Blockchain Association has articulated the urgent needs of the cryptocurrency and blockchain sectors. In a recent letter to Trump and Congress, Kristin Smith, CEO of the Blockchain Association, presents a compelling case for a
Samuel Edyme, known by the moniker HIM-buktu, stands as an intriguing figure in the ever-evolving world of cryptocurrency and Web3 content creation. With a diverse portfolio spanning journalism and content writing, he has established himself as a prominent voice in the industry, contributing to esteemed platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter. However, Edyme’s
In recent years, cryptocurrencies, particularly Bitcoin, have gained tremendous traction across various regions, including the United States, Europe, and Latin America. Their rising popularity is mirrored in the bustling markets of South Korea and Japan, where digital currencies have become integral to financial portfolios. However, the attitude toward cryptocurrencies has not been universally embraced. China’s
In a stunning revelation for cryptocurrency enthusiasts and investors alike, the global cryptocurrency market has witnessed a significant surge this week, posting an impressive increase of 11.5%. This upturn propelled the market capitalization to a historic milestone of $3.49 trillion, marking a substantial addition of approximately $358 billion. This recent momentum is no mere coincidence;
Bitcoin has often danced to the beats of predictions, with market analysts dissecting trends and price movements to forecast its next big leap. Recently, a notable crypto analyst who accurately called Bitcoin’s peak at $99,000 has laid down an even bolder forecast. As the cryptocurrency market regains its vibrancy, this analysis provides insight into the