Tuur Demeester, a well-known Bitcoin researcher, recently shared his optimistic stance on Bitcoin’s future price potential. Anticipating a significant surge in Bitcoin’s valuation, he predicted that the cryptocurrency could reach anywhere between $200,000 and $600,000 by the year 2026. This bullish projection is based on the massive influx of trillions of dollars into the global
Cryptocurrency
In a surprising turn of events, a new meme coin called Sponge V2 has captured the attention of the cryptocurrency community. This new coin has experienced a massive surge in price, much like Dogecoin on Solana, with a staggering increase of +60,980%. This unexpected pump has raised questions among expert analysts about whether Sponge V2
The highly anticipated verdict in Changpeng Zhao’s court battle with the United States government has been delayed, much to the disappointment of many. CZ, the former CEO of Binance, found himself in hot water after pleading guilty to violations of AML procedures. As part of his agreement to remain out of custody until his sentencing,
As the legendary Solana meme coin BONK experiences a minor localized price drop, holders are starting to question the future of this token. The recent trading volume surge for BONK, which led to it flipping Ethereum-based SHIB in 24-hour trading volume, has sparked some positive developments in the BONK ecosystem. Despite the volatile price action,
2022 was a turbulent year for Bitcoin, but industry experts are optimistic about a potential resurgence in 2024. One of the key factors driving this positive sentiment is the highly anticipated Bitcoin halving event scheduled for April 2024. This event, occurring every four years, reduces the block reward for miners by half, leading to a
In a recent turn of events, Jeffrey Wilcke, co-founder of Ethereum, made a significant deposit of 4,300 ETH to a cryptocurrency exchange. This deposit, amounting to a total of 22,000 ETH valued at approximately $41.1 million, has sparked renewed interest and excitement in the market. Despite the substantial nature of this deposit, the overall trend
Elon Musk has recently been summoned to testify in a US Securities and Exchange Commission (SEC) inquiry regarding his acquisition of the social media platform Twitter, now known as X. The court filing reveals that Judge Laurel Beeler has upheld the SEC’s authority in this matter, confirming that the subpoena serves the purpose of gathering
Cryptocurrency analyst Adam Back recently made a bold prediction that Bitcoin (BTC) could potentially reach the $100,000 price mark before the upcoming halving event in April. This forecast comes at a time when Bitcoin is recovering from a rather bearish January, with the price of BTC seeing an 11.02% increase in the last week, pushing
Bitcoin has continued its upward trend this week, reaching a new monthly peak of $48,600. After a period of stability following last week’s volatility, the bulls took over the market and pushed the price above $47,000 by the end of the week. The weekend saw even more positive movement, with Bitcoin surging to $48,600 for
The influx of Chinese Bitcoin miners in Ethiopia has raised eyebrows in the global cryptocurrency community. Drawn by the allure of cheap energy and favorable climates, these miners have found a new home in the African nation, particularly near the Grand Ethiopian Renaissance Dam (GERD). Following their displacement from China, due to strict regulations, these