Bitcoin’s price is struggling below $100K as some of the altcoins are taking off. The most recent price action of Bitcoin and the broader cryptocurrency markets reflects the disappointment in the most recent press conference held by the crypto and AI czar in the US – David Sacks. Markets are shaky and unconvincing, clearly suggesting
El Salvador struck a loan deal with the IMF in which it will make Bitcoin acceptance voluntary and roll back government involvement in Bitcoin-related projects. El Salvador is set to make merchant acceptance of Bitcoin voluntary, unwind its involvement in its little-used Chivo wallet and make public sector engagement of Bitcoin-related economic activity “confined” as
XRP’s rally today could be short-lived, as a bearish reversal pattern hints at a potential 20%-plus correction ahead. XRP price is up today, with its gains coinciding with Ripple’s donation to US president-elect Donald Trump’s inaugural committee and amongst other events. Ripple donates $5M in XRP to Trump’s inauguration XRP’s price jumped by over 20%
Bitcoin (BTC) is pushing to regain its six-figure valuation following a period where it risked falling below $90,000 support zone. However, on-chain data suggests a new record high could be on the horizon amid the recent volatility. Specifically, data indicates that Bitcoin is currently hovering near a critical price range between $97,500 and $99,800, where over 924,000 addresses previously
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Australian computer scientist Craig Wright was given a one-year suspended sentence for contempt of court, Bitcoin miner Hut 8 announced a $100 million purchase
As 2024 nears its close, the cryptocurrency market is once again showcasing its dynamic and volatile nature, capturing the attention of traders and investors navigating shifting trends. Following a sluggish start to the month, the global market has rebounded sharply, with Bitcoin (BTC) surging to a new all-time high of $108,268, sparking renewed optimism across the digital
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
Cardano (ADA) price breakout ADA has surged from $0.33 to $1.22 in just 30 days, marking a 181.5% increase. While it faced a minor correction in early December, the overall monthly trend remains strongly upward. The last time ADA reached this price was April 2022, though it still lags behind its all-time high of $2.85
Bitcoin just claimed $100,000 for the first time this week, but analysts are already calling for the mark to double in a year. Here’s why. Not long after Bitcoin’s climb past $100,000, some analysts are predicting that the asset’s price could double in a year’s time. In a Thursday research note, Standard Chartered’s Global Head of
Given the historic run, investors are now wondering how far the rally has to go before President-elect Donald Trump regains a second term. This year’s crypto market rally continues to post impressive gains following a significant surge late Wednesday evening from the world’s largest digital asset. Bitcoin breached the vaunted $100,000 at 9:45 pm ET,