Bitcoin (BTC), the largest cryptocurrency, hit another massive milestone in its splendid Q4, 2024, rally. Finally, its Energy Value metric hit $100,000. The timeline for this accomplishment was masterfully predicted by Capriole Investments’ Charles Edwards almost five years ago. Bitcoin Energy Value reaches epic milestone Bitcoin Energy Value, a key metric of the BTC Proof-of-Work
Bitcoin is posting new highs, bolstered by various tailwinds, including market reactions to President-elect Donald Trump. Bitcoin has broken to fresh highs above $104,900 as this year’s rally continues to benefit from several tailwinds, including President-elect Donald Trump’s impact on markets. The asset is up 3.5% on the day following a new record price of
[BTC] US investors continued to pour money into the spot Bitcoin BTC ETFs after Donald Trump’s victory in the presidential elections, and the streak extended into the past five trading days. The Ethereum counterparts have also enjoyed the momentum by attracting almost a billion dollars within the past week. Bitcoin, ETFs Keep the Momentum Going
XRP has definitely emerged as a winner in the crypto market over the past few weeks. With the price of the token skyrocketing over 500% since November, many XRP enthusiasts and market participants in general have begun to speculate on where it’s going and if the sky’s the limit. Amid this, the latest XRP price prediction
As Solana (SOL) seeks to breach the long-term resistance at the $250 mark, the decentralized finance (DeFi) ecosystem is backed by a dynamic holder base, including institutional and retail investors. Indeed, these holders play a pivotal role in its growth, with top entities having a more significant influence on the network’s governance and market stability. As of press time,
Bitcoin (BTC) has entered a short-term consolidation phase above the $100,000 mark. However, technical indicators and historical price movement suggest that the maiden digital asset still has the potential to add $50,000 to its value in the current cycle. Amid this potential new high, Bitcoin has shown minimal movement on the daily chart. The asset has grown by
Bitcoin advocates MicroStrategy is now part of Nasdaq 100, joining Apple, Tesla, and others in a milestone in crypto’s journey into the mainstream MicroStrategy officially joined the Nasdaq 100 on Friday, cementing its place among an elite group of companies. Nasdaq announced the listing in a press release detailing the annual changes to the Nasdaq-100 index. MicroStrategy’s
The cryptocurrencys market in 2024 has been a year of contrasts, marked by significant milestones and lingering economic uncertainty. Bitcoin (BTC) shattered expectations by crossing the $100,000 mark for the first time, reigniting optimism in digital assets. Yet, the broader economic backdrop remains volatile, raising questions about inflationary pressures and the Federal Reserve’s next moves. As uncertainty clouds
A cryptocurrency Solana trader has lost nearly $74,000 in just three minutes with a common trading mistake. The trader was speculating with the $RICH memecoin on Solana (SOL), losing 325.8 SOL in two poorly executed trades. Lookonchain reported the case on December 13, which is a cautionary tale for crypto traders to avoid letting emotion dominate. In summary, the
Dogecoin (DOGE), the original meme coin, has had an interesting year. While the digital asset spent most of 2024 either trading flatly or in a slight downtrend after a short move to the upside in March, the wider cryptocurrency bull market that ignited in November has seen DOGE prices skyrocket. To be fair, that is true