On Wednesday, Bitcoin is priced around $97,500, having dropped 4.47% since Monday. Ethereum closed below its key support level of $3,721, suggesting a continued decline, while Ripple is finding support around $1.96. If it falls below this level, further losses could follow. The overall crypto Market expressed mixed feelings after concerns emerged about Google’s new ...
Goldman Sachs CEO David Solomon has indicated that the firm may consider becoming a Market maker for Bitcoin and Ethereum if U.S. regulations change. He acknowledged the current limitations on holding crypto due to the regulatory environment, describing digital assets as an interesting technology. Despite concerns over reputational risks linked to crypto scandals, Solomon emphasized ...
Japan’s Web3 transformation is gaining momentum, significantly influenced by Monex Group’s efforts in the crypto ecosystem. Recently, crypto investment products recorded an impressive $3.85 billion in weekly inflows, pushing year-to-date totals to $41 billion. Bitcoin continues to dominate, with $2.5 billion attributed to its inflows, while Ethereum also made strides, attracting $1.2 billion, marking its ...
Last week marked a record high for digital asset investment products, with inflows reaching an astonishing US$3.85 billion. This surge has pushed the total inflows for the year to US$41 billion and assets under management to a new peak of US$165 billion. Ethereum led the charge with its own record inflows of US$1.2 billion, while ...
Bitcoin, Ethereum, and Ripple are currently facing important resistance levels, suggesting potential pullbacks in the near future. Bitcoin has shown bearish momentum on its RSI after reaching a new all-time high, which could lead to a drop towards support levels around $90,000. Ethereum is encountering resistance at $4,000, and if this level holds, it might ...
Türkiye has emerged as the third highest country globally for cryptocurrency ownership, as highlighted in a recent report by Triple-A. With a cryptocurrency ownership rate of 19.3% in 2024, Türkiye trails only the United Arab Emirates and Singapore. The report reveals that globally, around 562 million people now own various forms of digital currencies, representing ...
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 ...
Bitcoin’s price has rebounded to $97,000 after dropping to $90,500 following a peak of $104,088. Ethereum is showing strong movement above $3,454, with the potential to reach $4,000 soon. In contrast, Ripple experienced a rise over the week but faced rejection at $3, suggesting it may continue to decline. Currently, Bitcoin and Ethereum display signs ...
Bitcoin experienced a significant dip on December 5, 2024, after reaching an all-time high of $103,679. The cryptocurrency fell back to around $90,300 during a day of high volatility and was trading at $95,500 when reported. The abrupt price changes led to liquidations totaling approximately $885.61 million, affecting nearly 203,000 traders worldwide. Bitcoin accounted for ...
Chinese tech company Meitu recently sold all its cryptocurrency holdings, which included 940 Bitcoin and 31,000 Ethereum, for a total of $180 million. This decision came just before Bitcoin’s price soared to over $100,000. The company plans to distribute 80% of the profits from this sale as a special dividend to its shareholders. Initially, Meitu ...
