The Stanford Blyth Fund, a student-run investment group at Stanford University, recently made headlines when they purchased Bitcoin at $45,000 in February. This decision came after a persuasive pitch by a computer science major, Kole Lee, during one of the fund’s meetings. Lee’s pitch to the Blyth Fund focused on various aspects of the cryptocurrency
Bitcoin’s price is currently on the rise, breaking previous all-time highs and reaching towards the $70K level. This surge has put cryptocurrency in uncharted territories, making it difficult to predict its future potential. Technical and on-chain analysis provide some hints into what might be next for BTC. Psychological resistance levels at $70K and $80K are
As the cryptocurrency market continues to evolve and fluctuate, traders and analysts are always on the lookout for the next big mover. In a recent bold proclamation, cryptocurrency trader KALEO, along with two other top analysts, have made a daring assertion regarding the future of Dogecoin. They firmly believe that the journey of Dogecoin to
The recent surge in Bitcoin’s price has caught the attention of many investors and analysts. The price crossed the $50,000 threshold not long ago and quickly soared past $70,000, indicating a strong bullish trend. Analysts like James Butterfill have noted that this price surge is happening despite high interest rates, suggesting that the demand for
The price of bitcoin has recently hit a new milestone, reaching beyond the $70,000 mark. This surge in price has sparked a renewed interest among investors, signaling a wave of enthusiasm in the cryptocurrency market. The steady climb of bitcoin throughout the week, with a 12% rally, has been attributed to the introduction of spot
In the tumultuous year of 2022, the cryptocurrency industry witnessed the implosion of numerous lenders, leaving investors reeling from devastating losses. However, amidst this chaos, one company managed to weather the storm and emerge stronger than ever – Nexo. While industry titans like BlockFi and Celsius Network crumbled under the weight of the market crash,
The introduction of spot Bitcoin ETFs has ignited a newfound interest among investors, fueling a significant surge in trading activity. This development has given rise to a wave of optimism that transcends the realm of Bitcoin itself. Despite the positive momentum surrounding Bitcoin, the launch of a spot Ethereum ETF has been delayed as the
Cryptocurrency enthusiasts are currently rejoicing over a bullish weekend for Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization. In the past day alone, ETH has experienced a price surge of 4.31%, bringing it closer to a critical resistance point of $4,000. This upward momentum is fueled by a combination of factors that are contributing
Bitcoin’s price has been quite tumultuous recently. After a period of stability, the asset made a significant move by breaking above $70,000 for the first time ever. However, this spike was short-lived as the price of Bitcoin was violently rejected shortly after reaching this milestone. The rapid fluctuations in price left many investors reeling, with
The recent surge in Bitcoin’s price, with the cryptocurrency hitting a new all-time high of over $70,000, has caught the attention of many crypto analysts. One such analyst, Michaël van de Poppe, believes that despite this milestone, there is still significant room for more upside. In a recent post on X (formerly Twitter), he mentioned
