Solana and Ethereum are highly competitive this month, nearly equal in protocol fees and decentralized exchange (DEX) volumes. Solana has outperformed Ethereum in key metrics over October and November, sparking talk of a potential “flippening” where Solana’s Market cap surpasses Ethereum’s. Despite Bitcoin’s dip below $100,000, the altcoin Market remains strong. Both Solana and Ethereum ...
The global cryptocurrency Market is set to grow by USD 34.5 billion from 2024 to 2028, with an annual growth rate of 16.64%. This expansion is driven by increasing investments in digital assets and growing acceptance of cryptocurrencies by retailers. Major companies like Starbucks and Tesla are beginning to embrace cryptocurrencies for everyday transactions, enhancing ...
Haliey Welch, known as the “Hawk Tuah Girl,” has come under fire after the launch of her cryptocurrency, $HAWK. Following its introduction on the Solana blockchain, the value of the coin dropped dramatically by 95%, raising concerns of a potential “rug pull.” Investors have claimed that they may have fallen victim to manipulation, prompting some ...
The Czech Republic has approved a new amendment that allows individuals to exempt certain income from cryptocurrency transfers from personal taxation, starting January 1, 2025. To qualify for this exemption, individuals must ensure their gross annual income from crypto transactions does not exceed CZK 100,000 and that they hold the digital assets for more than ...
Bitcoin has recently achieved a significant milestone, surpassing the six-figure mark for the first time. As of now, it is around $99,000, with a peak of $103,844 earlier. If you had invested $1,000 in Bitcoin one year ago, it would now be worth $2,305, reflecting a 130% gain. Over five years, that investment would have ...
U.S. stock futures showed mixed signals on Friday as investors analyzed the final jobs report of the year, a key factor in determining potential interest rate cuts. The Dow and S&P 500 were up slightly, while the Nasdaq 100 gained about 0.2%. The U.S. economy added 227,000 jobs in November, exceeding expectations, although the unemployment ...
As Bitcoin soared past $100,000, MicroStrategy’s stock saw a decline of 4.5%. The company holds over 402,000 Bitcoins, valued at around $40 billion, but despite Bitcoin’s milestone, investors sold off shares in crypto-related companies like MicroStrategy and Coinbase, which dropped by 3%. MicroStrategy has shifted focus from software to Bitcoin investment, resulting in a nearly ...
Bitcoin has reached a remarkable new all-time high of over $104,000, but on-chain data indicates that investors are not eager to sell. The Exchange Netflow metric shows a negative trend, meaning more Bitcoin is leaving exchanges than entering. This suggests that investors are choosing to hold onto their assets for the long term, which can ...
Bitcoin has reached a significant milestone, trading above $100,000 for the first time, peaking at $103,679. This remarkable achievement reflects a year-to-date increase of over 140%, pushing its Market cap beyond $2 trillion. However, it has seen a minor drop, currently trading at $101,573, still showing a 6% rise in the last 24 hours. Analysts ...
Bitcoin’s impressive rise of nearly 40% over the last month is driving excitement in the cryptocurrency Market. As it nears six figures, other coins like Solana and Cardano are also seeing price boosts. Amid this buzz, XRP, or Ripple, is gaining attention. Even though XRP has been around since 2012, recent favorable court rulings and ...
