The Surge That Shook the Market In a remarkable turn of events, Bitcoin has made a vigorous comeback, soaring close to the $30,000 mark after a period of stagnant trading activity. This resurgence, which occurred over the past 12 hours, has not only affected Bitcoin but also propelled a wave of green across the altcoin […]

Steady Hands: Tesla’s Unwavering Bitcoin Strategy In a move that solidifies its confidence in cryptocurrency, Tesla, the renowned electric vehicle and clean energy company, has reported no sales or purchases of Bitcoin in the third quarter of 2023. As of September 30, the company’s financial disclosures confirm a possession of approximately 9,720 BTC, with an

The Struggle Around $29,000 Bitcoin, the leading cryptocurrency, recently attempted to breach the $29,000 mark but faced rejection, subsequently losing some value. However, it has managed to hold its position above $28,000. This event occurred amidst a whirlwind of market activities, including false reports of the US SEC approving a Bitcoin ETF, which led to

Gensler’s Reserved Approach Sparks Curiosity After a prolonged period of evasiveness, there’s a subtle shift in the SEC’s approach toward spot Bitcoin ETF applicants, marked notably by a transition from outright rejections to a more inquisitive stance. SEC Chairman Gary Gensler, known for his circumspect attitude, recently engaged in a Bloomberg interview but kept his

The Unyielding Advance Bitcoin, the pioneering cryptocurrency, recently made another attempt to breach the $29,000 mark. Despite its failure to sustain above this level, an intriguing development was its increasing dominance over other cryptocurrencies, which continued to ascend to multi-month highs. This phenomenon occurred even as most altcoins were experiencing a downturn, highlighting Bitcoin’s resilience

The Prediction: A Leap Amidst Chaos Max Keiser, a prominent figure in the crypto space and Chairman of the El Salvador-based Bitcoin mining startup Volcano Energy, has made a bold assertion. He claims that Bitcoin’s price could soar to a staggering $220,000. However, this isn’t a straightforward financial prediction. Keiser suggests that such a monumental

A New Era of Crypto Wealth: Ethereum Whales in Focus On October 18, Santiment, a renowned on-chain analytics provider, revealed a startling concentration of wealth in the Ethereum blockchain. Ethereum whales, defined as entities holding over 1 million ETH, now control a staggering 32.2% of the cryptocurrency’s total supply. This level of centralized financial power

A Revival in Action Shiba Inu, the renowned memecoin, has witnessed a remarkable surge in daily transactions on its layer-2 blockchain platform, Shibarium, with numbers climbing to 33,000 on October 16. This marks a significant 200% jump from the previous day, although it’s still notably below the record high of over 200,000 transactions in September.

A Rollercoaster Day for Bitcoin In an unexpected turn of events, Bitcoin experienced a significant surge, climbing over $2,000 within minutes, following reports that the U.S. Securities and Exchange Commission (SEC) had approved a spot Bitcoin Exchange-Traded Fund (ETF). However, the gains were short-lived as the news was soon debunked, sending Bitcoin back to its

Who, What, Where, When, Why, and How Cryptocurrency magnate Justin Sun has emerged as the leading private Ethereum (ETH) staker, locking a staggering $439 million worth of ETH into the Lido platform. This substantial investment has raised eyebrows across the crypto sphere, as Sun cements his position in the rapidly evolving landscape of decentralized finance