Bitcoin is currently priced around $95,000 after dropping from a recent peak of $108,353. This marks its first significant decline since the election of President Trump in November. Although Bitcoin faced a tough week, some institutions, like Japan’s Metaplanet, are taking the opportunity to buy, investing nearly $60 million to acquire Bitcoin during this dip. ...
A recent report highlights that Nigeria and South Africa are leading the world in digital asset ownership. In Nigeria, an impressive 99% of people are familiar with digital assets, and 74% have owned them at some point, with 42% still owning these assets. South Africa also shows strong interest, with 68% having owned digital assets. ...
In 2024, the global economy began to stabilize after the COVID-19 pandemic, although many countries still struggled to regain pre-2020 growth levels. With over 2 billion people eligible to vote, rising living costs became a major concern for citizens worldwide. Donald Trump’s recent election victory in the U.S. raised fears of new trade wars, as ...
Bitcoin’s social sentiment has dropped to its lowest level in 2024, with more negative comments from retail traders despite the price stabilizing above $95,000. This pessimism might signal a potential price rebound, as historically, markets often move against retail expectations. After peaking at over $108,000 in December, Bitcoin has fallen over 10%, currently trading around ...
In today’s discussion, we explore a recent commentary from BlackRock that has ignited debate about Bitcoin’s future. The financial giant raised questions about Bitcoin’s 21 million supply cap, suggesting it could potentially change. This idea, akin to altering the rules of chess, has sparked backlash within the crypto community. Traditional finance and decentralized governance collide ...
A popular analyst, known as TechDev, believes Bitcoin is about to enter a significant growth phase, or parabolic stage, in its Market cycle. TechDev, who has a substantial following on social media, shares that Bitcoin’s current technical indicators resemble those that preceded major price surges in previous cycles. He points out that Bitcoin has recently ...
Bitcoin remains the leading cryptocurrency in 2023, but Ethereum is gaining ground and could challenge its dominance by 2025. Bitcoin is mainly seen as a store of value, while Ethereum offers a flexible platform for decentralized applications and services. In the coming years, Ethereum is expected to improve with new projects focused on speed and ...
Bitcoin has seen a remarkable surge, growing 46% since the November 2023 elections and 146% year-to-date, recently surpassing $108,000. However, another cryptocurrency, Sui, has outperformed Bitcoin, increasing over 120% since the election and 430% this year, now valued at $4.50 with a Market cap of $13 billion. Launched in May 2023, Sui quickly gained attention ...
Bitcoin has had an impressive year, surging 146% so far and recently breaking the $100,000 barrier to reach an all-time high of over $108,000. However, a newer cryptocurrency called Sui is also making waves, with a remarkable 430% gain year-to-date and a recent all-time high. Despite launching only in May 2023, Sui has quickly climbed ...
On December 17, Bitcoin set a new record, surpassing $108,000, marking a 148% increase this year. However, concerns arise about its high valuation, leading many to explore alternatives like Cardano and Litecoin. Cardano is currently trading at around $1, significantly below its peak of $3.10, suggesting potential for growth, especially with speculation about a future ...
