The recent fluctuations in the price of Bitcoin have left many investors wondering whether the cryptocurrency will be able to reach a new all-time high in the near future. Despite hitting a peak of $73,400 in March 2024, Bitcoin has struggled to maintain its momentum and has been trading below its previous high for the
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Bitcoin has been on a rollercoaster ride recently, approaching its all-time high only to be rejected at the last minute. The surge in the flagship cryptocurrency’s price has been supported by several factors, including the growth in market capitalizations of stablecoins such as USDT and USDC. This increase in stablecoin market caps has significantly influenced
Shibarium, Shiba Inu’s layer-2 blockchain solution, has recently reached a significant milestone by processing over 6 million blocks. This achievement comes less than a year after its official launch, indicating a rapid growth in activity on the network. The resurgence in Shibarium’s metrics is evident with the spike in active accounts from 253 to 417
Donald Trump, the US Republican Presidential candidate, recently attended the Bitcoin 2024 conference in Nashville on July 27. During his appearance, Trump made bold promises to the crypto voters in attendance regarding the US government’s Bitcoin holdings. He stated that if elected, his administration would enforce a policy mandating the US government to retain “100%”
Recently, there has been an interesting proposal put forth by Republican representative for Wyoming at the Bitcoin 2024 Conference in Nashville. She suggested that the United States should diversify into Bitcoin and become the first developed nation to create a strategic Bitcoin reserve. This move, according to her, would not only fortify the dollar’s position
Wong Ching-kit, a well-known crypto promoter in Hong Kong, has recently come under the spotlight for his involvement in various criminal cases, including a cryptocurrency scam worth over HK$3 million. Born as Kwan Tsz-kit, Ching-kit changed his name after being convicted of theft and sentenced to community service in 2012. His history of run-ins with
Semilore Faleti is not just your average cryptocurrency writer. With a specialization in journalism and content creation, Semilore has dedicated his career to uncovering the complexities and intricacies within the world of blockchains and digital assets. His journey began with writing on various subjects, but it wasn’t long before he found his true passion in
With the upcoming US presidential elections less than four months away, the tension and anticipation are palpable. The list of candidates includes the Republican nominee Donald Trump, the Democratic candidate Kamala Harris, the independent Robert Kennedy, and various others. Recent polls indicate that Trump and Harris are the front-runners, each garnering over 40% of the
The Bitcoin market has seen a recent shift in on-chain dynamics, suggesting that miner capitulation may be coming to an end. The Glassnode Hash Ribbon indicator, which measures BTC’s hash rate, has shown a positive cross between the short-term (30-day) and long-term (60-day) moving averages. This indicates that miners are returning to the network and
Ferrari, the renowned Italian luxury sports car manufacturer, recently announced its plans to broaden its cryptocurrency payment system to its European dealer network by the end of July. The company also has ambitions to extend this option to more countries within its global dealership network where digital currencies are legally recognized by the end of