Lately, Bitcoin has been experiencing lackluster price movements, as it failed to sustain above $66,400 and was pushed down to $64,000 multiple times within the week. This has been accompanied by a downward trend in altcoins, particularly in meme coins. The primary cryptocurrency’s recent price movements have left much to be desired, especially considering its
Bitcoin
The recent Bitcoin price crash below $66,000 has sent shockwaves through the market, resulting in over $90 million in liquidations within a 24-hour period. Despite the significant drop, analysts are warning that the worst may still be yet to come. Crypto analyst Ali Martinez has expressed concerns about Bitcoin’s future, suggesting that the cryptocurrency could
The US Commodity Futures Trading Commission (CFTC) has reportedly launched an investigation into Jump Crypto, a prominent player in the crypto sector. The reasons for this probe have not been disclosed, but sources familiar with the matter have confirmed the federal agency’s interest in Jump Crypto’s trading and investment activities. Response from CFTC and Jump
The cryptocurrency market has shown signs of recovery in the past 24 hours, with major digital assets such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) experiencing minor gains. Additionally, AI-related coins like Fetch.ai saw significant pumps, boosting investor confidence in these niche sectors within the crypto market. On the flip side, the price of
Reports reveal that Montenegrin Prime Minister Milojko Spajić made a significant investment in Terraform Labs back in April 2018, acquiring 750,000 Luna tokens for $75,000. This move positioned him as the 16th investor during the initial fundraising phase of the cryptocurrency project. Unfortunately, Terraform Labs’ cryptocurrency project failed in 2022, resulting in losses exceeding $40
Travis Kling, the Founder and Chief Investment Officer of Ikigai Asset Management, recently shared his insights on Bitcoin and the broader cryptocurrency ecosystem. Despite the NASDAQ achieving significant gains, Bitcoin has remained relatively flat, underperforming in comparison to the broader macroeconomic environment. This discrepancy raises questions about the factors influencing Bitcoin’s price movement and its
In the midst of significant turbulence in the cryptocurrency market, investors have started gravitating towards Bitcoin as a safe haven amidst chaos. Recently, Bitcoin’s dominance has reached a nine-week high of 57%, showcasing a clear preference for the leading digital asset. Altcoins, on the other hand, have suffered from a massive sell-off, losing significant market
The Bitcoin network has entered the NFT industry with a bang, making significant strides in terms of sales volume. According to data from NFT tracker CryptoSlam, Bitcoin-based NFTs have amassed an impressive $4.29 billion in total sales as of June 18. This places Bitcoin in third position, behind only Ethereum and Solana, which have sales
Growing up in Edo State, Nigeria, with my three siblings has been a journey filled with learning and growth. My parents have been the foundation of my existence, providing unwavering support through the highs and lows of life. Their presence has instilled in me a sense of security and belief that has shaped my outlook
The recent announcement by the Securities and Exchange Commission (SEC) regarding Ethereum 2.0 has brought a sense of relief to the cryptocurrency community. The SEC has officially closed its investigation into Ethereum, determining that sales of ETH are not classified as securities transactions. This decision follows a letter sent by Consensys on June 7, seeking