The recent surge in Bitcoin price, breaking its previous all-time high, was quickly followed by a significant dip. This fluctuation has been attributed to the reactivation of a dormant Bitcoin whale address holding $67.1 million worth of Bitcoin. The sudden sell-off of such a large quantity of Bitcoin has raised questions about its impact on
Cryptocurrency
After a significant drop in Cardano (ADA) value, Dan Gambardello, a well-known crypto analyst, has shared his thoughts on the implications of this setback for the broader cryptocurrency bull market. Gambardello sees this pullback as a positive sign, drawing parallels to historical patterns that could indicate a bullish market for ADA. He highlighted the similarities
Binance.US, a prominent cryptocurrency exchange, has been grappling with significant challenges in the wake of legal actions taken by the U.S. Securities and Exchange Commission (SEC). These challenges include forced layoffs and a steep decline in revenue, as revealed by the company’s Chief Operating Officer Christopher Blodgett in court documents. Since June, Binance.US has had
In the world of cryptocurrency, investors are constantly on the lookout for the next big thing that could potentially provide massive returns on their investment. As one coin consolidates below its all-time high, another emerges promising a 100x return on investment. This transition is evident as holders of Pepe Coin (PEPE) are now turning their
After Bitcoin (BTC) hit an all-time high (ATH), Ethereum (ETH) also surged above $3,800 before experiencing a double-digit price drop. However, ETH has managed to bounce back and briefly reach $3,900, its highest point in over two years. This surge in Ethereum’s price came alongside Bitcoin’s milestone, with the leading cryptocurrency hitting $69,000 before retracing
Bitcoin recently experienced a price pullback, causing concern among investors and analysts in the crypto market. The digital asset reached the $69,000 threshold before witnessing a correction, leading to various predictions of further decline in Bitcoin’s price. The sentiment around the market has been generally bearish following this pullback, prompting experts to share their insights
The Ethereum Foundation, a non-profit organization, has recently made an unexpected move by initiating a sell-off of 1000 ETH to a single address named “Cumberland Forwarder.” This decision has sparked speculation and raised questions about the potential market peak for Ethereum. The transparency of the transactions was brought to light by the Blockchain analytics platform
The resurgence of meme coins has been undeniable, with Pepecoin leading the charge with an impressive monthly gain of +707%. However, despite hitting a new all-time high and dominating trending coin rankings on major exchanges, there are signs of caution in the current price action. Pepecoin is currently trading at $0.000000750, with a 24-hour change
Cardano has recently made waves in the cryptocurrency market, reaching a 2-year peak of $0.78 on Mar. 5. This surge in price has outperformed other altcoins, including Solana, in terms of weekly gains. As Bitcoin dominance wavers, investors have begun diversifying their portfolios, turning their attention to mega-cap Layer-1 altcoins like ADA. One of the
Peter Schiff, founder of Euro Pacific Asset Management, is known for his skepticism towards cryptocurrency, specifically Bitcoin. Recently, amidst Bitcoin’s soaring price, Schiff issued a warning, labeling Bitcoin as the “ultimate asset bubble.” This cautionary statement came as Bitcoin breached the $61,500 mark, and continued to climb, exceeding $65,000 just four days later. Schiff’s main