Ethereum has shown remarkable growth, with its price up over 52% compared to last year, highlighting its strong potential. This crypto asset stands out from Bitcoin mainly due to its use of smart contracts, which automate transactions based on specific conditions. As excitement builds for upcoming events like Ethereum ETFs and a positive change in ...
El Salvador is stepping up its Bitcoin game, with Vice President Félix Ulloa Jr. highlighting the country’s impressive achievement of holding over 6,217 BTC worth over $500 million. This transformation into a symbol of financial freedom is largely driven by the Bitcoin Office led by Stacy Herbert, which has launched various initiatives to promote cryptocurrency. ...
The cryptocurrency Market shows signs of a possible reversal after recent fluctuations. Bitcoin’s short-term charts indicate a potential recovery, supported by positive signals like the TBT Bullish Divergence. Meanwhile, Ethereum has outperformed Bitcoin, with a notable increase in its daily performance, hinting at a leadership role among altcoins. Altcoins have also witnessed a rally, reflecting ...
Wall Street has started the Santa Rally season on a high note, with major indices rising ahead of the Christmas holiday. The S&P 500 climbed 1%, marking a third consecutive day of gains after a volatile Federal Reserve meeting. Tesla led the charge, surging 7.35%, while Walmart, Starbucks, and Netflix also posted notable increases. The ...
Bitcoin’s recent performance shows a negative short-term outlook amid rising Market volatility. The cryptocurrency has dropped by up to 11% from its recent all-time highs, leading experts to predict a potential price correction. Analyst Jesse Olsen suggests Bitcoin could face a significant pullback of up to 30%, especially due to a bearish signal on the ...
Bitcoin is currently facing a challenging short-term outlook, having recently dropped by up to 11% from its all-time high, leading to concerns about a potential price correction. Crypto expert Jesse Olsen warns that Bitcoin could experience a further decline of up to 30% in the coming days, particularly due to bearish indicators like the MACD ...
As the year closes, Bitcoin faces significant volatility after peaking above $108,000 but recently dropping below $92,500. This comes amid the expiration of $14 billion in Bitcoin options, raising concerns about potential Market fluctuations. Over the past week, Bitcoin fell about 13%, along with notable declines in Ethereum, Solana, and Dogecoin. Although cryptocurrency funds still ...
AGM Group Holdings Inc., a technology company focused on high-performance hardware and computing, recently shared insights from its CEO, Dr. Bo Zhu, about the company’s growth plans in the cryptocurrency sector. Since joining AGM in 2021, Dr. Zhu has led significant partnerships, including a collaboration with Shenzhen Highsharp for ASIC chip development and securing major ...
On December 24, 2024, authorities from Japan and the U.S. revealed that North Korean cyber actors were responsible for the $308 million cryptocurrency heist from DMM Bitcoin in May 2024. This operation, linked to a group known as TraderTraitor, involved sophisticated social engineering tactics targeting multiple employees at once. The attackers used manipulated recruitment approaches ...
HIVE Digital Technologies Ltd., a leader in sustainable blockchain infrastructure, has announced a significant investment of $30 million for new supercomputing clusters in Quebec, Canada. This includes 248 NVIDIA H100 GPUs, fully operational by the end of 2024, and 508 NVIDIA H200 GPUs arriving in early 2025. HIVE aims to tap into the growing demand ...
