Recently, a crypto analyst known as ‘Sensei’ made waves in the industry with a bold prediction for Bitcoin. The analyst suggested that Bitcoin could potentially reach $72,000 in the near future. This forecast was based on a bullish surge in Bitcoin’s price following what many believed to be a bear trap in the market. Sensei
Cryptocurrency
A recent analysis by a CryptoQuant analyst suggests that Ether (ETH) could be gearing up for a rally in the near future. This prediction is based on metrics observed in the cryptocurrency’s futures market. Following a significant liquidation event, the analyst, Shayan, believes that ETH may experience a price rally as the market stabilizes, and
Binance, the world’s largest cryptocurrency exchange, recently announced the delisting of six altcoins from its platform. This decision has had a significant impact on the prices of these assets, leading to sharp price drops in a short period of time. Binance periodically reviews each digital asset listed on its platform to ensure that they meet
Cryptocurrency analyst CryptoCon recently highlighted a technical indicator that has accurately predicted local highs for Bitcoin in this current bull run. According to CryptoCon, Bitcoin could potentially reach $109,236 by the end of the year based on this indicator. This prediction is based on the trend of Bitcoin hitting local tops one month ahead of
Recently, Binance, the leading cryptocurrency exchange globally, confirmed that the Venezuelan government has restricted access to its website. This action came following the controversial presidential election results in the country. In a post on August 10, Binance mentioned that similar to other companies in various sectors in Venezuela, including social media platforms, their pages were
Santiment, the cryptocurrency market intelligence platform, recently unveiled the top 10 digital assets with the most notable development activity over the last 30 days. Leading the list is Internet Computer (ICP), with an overall score of 570.1. ICP is the second-largest digital asset in the Artificial Intelligence (AI) realm, boasting a market capitalization of nearly
Bitcoin’s price has stabilized over the weekend, with the asset hovering around $61,000. This comes after a tumultuous week that saw the primary cryptocurrency plummet to $49,500, its lowest position in six months. However, Bitcoin managed to stage a recovery and surged to almost $63,000 by Friday morning, reclaiming over $13,000 in value in less
European investment company CoinShares recently announced impressive financial results for the second quarter of 2024. The company’s revenue more than doubled compared to the same period in 2023. According to the earnings report, CoinShares achieved a revenue of £22.5 million ($28.5 million) in Q2 2024, showing a 110% year-over-year growth from the £10.7 million ($13.5
The past week was characterized by volatility in the cryptocurrency market, with spot Bitcoin and Ethereum ETFs experiencing fluctuations in inflows and outflows. Starting off on a negative note, the spot Bitcoin ETFs witnessed significant outflows, with approximately $240 million leaving the eleven funds. This trend continued into the new week, with $168.4 million being
Celsius, a company that filed for bankruptcy two years ago, is now suing Tether for what they claim was the wrongful liquidation of over $800 million worth of BTC. According to the lawsuit filed in the US Bankruptcy Court for the Southern District of New York, Celsius alleges that Tether violated their contract by unfairly