Bitcoin has shown surprising stability in its price despite ongoing global economic uncertainties. According to a Bloomberg analyst, this stability is attributed to strong spot Bitcoin ETF holders and the aggressive purchasing by Michael Saylor’s company. Over the last month, Bitcoin ETFs gained $131 million, contributing to a total increase of $2.4 billion this year, ...
Bitcoin’s realized Market cap has hit a record high of $872 billion, but investor enthusiasm seems low. A recent report shows that the growth rate for this metric has slowed to just 0.9% per month, indicating a cautious Market. Many investors are taking profits, leading to a 40% drop in realized profit and loss figures. ...
Gold has reached a record high of $3,333 per ounce, while Bitcoin trades around $84,694, showing more stability. Analysts believe Bitcoin might soon follow gold’s upward trajectory, as highlighted by crypto trading account Cryptollica, which shared a chart illustrating the similarities in their price movements. Both assets formed a bottom in early 2023, with gold ...
Recent monetary stimulus from China and Europe is shifting investor attention towards Bitcoin, especially as the US Federal Reserve feels pressure to cut interest rates amid a weakening dollar. Bitcoin’s recent price surge to $85,000 has raised questions, particularly as traditional markets like the S&P 500 have declined. While Bitcoin appears to be decoupling from ...
Project Eleven, a quantum computing research group, is offering a reward of 1 bitcoin, worth around $80,000, to anyone who can demonstrate breaking an elliptic curve cryptography key using a quantum computer by April 5, 2026. However, many experts believe this challenge is unrealistic. They argue that even the best advancements in quantum computing suggest ...
The cryptocurrency Market is currently valued at about $2.7 trillion, with Bitcoin remaining steady around $85,000. In the past 24 hours, Solana, Cardano, and Dogecoin have emerged as the leading gainers among the top ten cryptocurrencies. However, Bitcoin ETFs experienced a $171 million sell-off on Wednesday, disrupting a brief positive trend. This sell-off has led ...
The cryptocurrency Market is valued at around $2.7 trillion, with Bitcoin holding steady near $85,000. In the past 24 hours, altcoins like Solana, Cardano, and Dogecoin have seen the most significant gains. However, Bitcoin ETFs faced a $171 million sell-off, which halted a recent buying trend. This sell-off typically signals potential price downturns. While Bitcoin ...
Barry Silbert, CEO of Digital Currency Group, shared insights on a recent podcast, revealing that holding onto Bitcoin instead of investing in early-stage crypto projects may have yielded better returns. Silbert, who began investing in Bitcoin around 2011 when prices were just $7-$8 per coin, expressed regret over using his Bitcoin to fund investments like ...
Bitcoin has a new target of $155,000, inspired by gold’s impressive performance. Trading account Cryptollica believes Bitcoin will follow a similar path to reach this goal, despite recent declines. Bitcoin’s price is currently down 9.3% this year, while gold continues to hit record highs. Analysts are optimistic, suggesting that Bitcoin could break out of its ...
The cryptocurrency Market in early 2025 is still dominated by familiar themes, with artificial intelligence tokens and memecoins garnering the most investor interest. A recent report from CoinGecko shows that AI tokens accounted for 35.7% of global interest, surpassing the 27.1% for memecoins. Despite a surge in popularity for certain memecoins, particularly around Donald Trump’s ...
