On Thanksgiving four years ago, the cryptocurrency world faced a significant downturn known as the “Thanksgiving Day Massacre.” Between November 24 and 27, 2020, Bitcoin’s price dropped from around $19,500 to $16,200, a nearly 17% fall. However, if you had invested $1,000 during this dip, buying about 0.0617 BTC, your investment would be worth approximately ...
In a remarkable move, over 55,000 BTC, worth around $5.34 billion, were withdrawn from exchanges in just 72 hours, indicating strong demand and accumulation among investors. Currently, Bitcoin’s Fear & Greed Index shows “extreme greed,” a sign that may foreshadow Market corrections based on historical trends. With Bitcoin surpassing $99,000, exchange reserves are at their ...
The cryptocurrency landscape is undergoing a notable shift as bitcoin reserves on centralized exchanges like Binance and Coinbase are declining. This trend points to changing investor habits, with more people opting for self-custody solutions instead of keeping their assets on exchanges. From January to November 2024, Coinbase’s reserves dropped significantly, whereas Binance’s reserves remained relatively ...
Brian Christopher Aguilar, a Cebu-based entrepreneur, is making waves in the cryptocurrency world with his Ora Coin Foundation, which is worth PHP 1.3 billion. His innovative One Billion Tree Planting Initiative aims to combat deforestation across Southeast Asia and the Middle East. Each Ora Coin token represents a tree planted, tracked by a 3D GPS ...
As of Sunday, the global cryptocurrency Market cap has dropped to $3.42 trillion, marking a near 10% decline over the past two weeks. Bitcoin struggled to reach $100,000, testing the $90,000 support before rising to over $97,200. Despite the overall downturn, some altcoins performed well. XRP gained 33%, retesting a significant peak; ApeCoin rose 13.6% ...
Dogecoin has experienced a remarkable rise of over 150% in November but has recently slowed, struggling to reach the critical $0.45 mark. Despite this, analyst Ali Martinez predicts a bullish breakout for Dogecoin, suggesting it could outperform Bitcoin by an astonishing 2,400% in the coming months. This optimistic forecast is based on a bull flag ...
Sports betting in the US has become a massive industry since legalization, with around $120 billion wagered in 2023 alone. Football is the most popular sport for betting, attracting about 39% of Americans to place wagers on events like the Super Bowl. As online betting grows, many fans are now using cryptocurrencies for a more ...
Jon Collins-Black, inspired by treasure hunts like Forrest Fenn’s, has created an exciting adventure for treasure seekers across the U.S. His book, “There’s Treasure Inside,” provides clues to find five treasure chests loaded with over $2 million in prizes. Each chapter reveals detailed hints, promising a challenging yet accessible quest for everyone. Collins-Black, a lifelong ...
Investor Tom Lee predicts that Bitcoin could rise an additional 150%, potentially reaching over $250,000 in the next year. In a conversation with Anthony Scaramucci on the Wealthion podcast, Lee emphasized that Bitcoin’s current technical trends and the anticipated pro-crypto policies of the incoming presidential administration support this optimistic forecast. He believes that if the ...
This week in the cryptocurrency Market saw significant movements, particularly for Ripple’s XRP, which surged nearly 30% in price amid positive legal developments favoring the company. The ongoing lawsuit against the SEC is nearing a resolution, sparking investor optimism. Meanwhile, Shiba Inu (SHIB) gained traction with a notable increase in its burn rate and ecosystem ...
