Bitcoin, the leading cryptocurrency in the market, has been making significant strides, with its market capitalization recently hitting an all-time high of over $1.43 trillion. Industry experts and analysts are now speculating on the potential for Bitcoin’s market cap to skyrocket to $3 trillion after the upcoming halving event. This surge in value is expected
Crypto
The recent market correction on April 12 led to a significant drop in the value of Shiba Inu (SHIB), with a 6% decrease on a weekly scale and a 20% decline in a month. Despite this negative trend, many analysts are optimistic about a potential rebound in the near future. Several key factors indicate a
American author and financial educator Robert Kiyosaki recently expressed his support for a $2.3 million per Bitcoin (BTC) prediction made by Cathie Wood’s asset management firm Ark Invest. Kiyosaki believes in Wood’s predictions because he values her opinion, recognizes her intelligence, and sees the potential for BTC to reach such heights under certain circumstances. In
The U.S. Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, the company responsible for operating the largest decentralized exchange (DEX) in the world. The SEC issued a Wells Notice against Uniswap Labs, signaling potential legal action against the DeFi giant. This move by the SEC marks another instance of increased regulatory
Binance, the leading cryptocurrency exchange, has once again made significant changes to its platform by adding 18 new loanable assets to its Binance Loan program. This move is aimed at catering to current market trends and improving the overall user experience on the platform. Among the newly added cryptocurrencies are not only established altcoins like
Shiba Inu (SHIB) recently experienced a price drop, causing concern among investors. The cryptocurrency’s price fell by 3% on a daily scale and 20% on a monthly basis, currently trading at around $0.00002734. While this decline may be discouraging, many analysts believe that a bullish trend is on the horizon. Analysts’ Bullish Predictions Despite the
Ethereum’s price has been stagnant, moving sideways between $3K and $3.7K after reaching a critical support level of $3K. The daily chart shows a prolonged consolidation phase after finding strong support at $3K, which aligns with significant Fibonacci retracement levels and the 100-day moving average. Despite attempts to break out of the range, the price
The boss of Marathon, America’s largest crypto mining firm, Fred Thiel, highlighted the significance of spot Bitcoin ETF approvals in accelerating the post-halving rally. According to Thiel, the ETF approval has successfully attracted capital into the market, pushing ahead the potential price appreciation that would typically occur three to six months after the halving event.
Since the launch of U.S Bitcoin spot ETFs three months ago, there has been a significant influx of $12.3 billion in net inflows. These ETFs have garnered attention for their potential impact on the broader Bitcoin market. Glassnode analyst James Check recently conducted an analysis to measure the effects of these ETFs on Bitcoin’s existing
Recently, an anonymous cryptocurrency investor known as “Sell When Over” shared a troubling experience on a cryptocurrency platform. The investor disclosed that they had incurred a staggering loss of $800,000. This loss was attributed to the presence of two suspicious Google Chrome browser extensions that infiltrated their system. Upon closer examination, it was revealed that
