The recent weekend has brought about a wave of excitement in the cryptocurrency community, particularly for Ethereum (ETH). The world’s second-largest cryptocurrency has experienced a price surge of 4.31% in the last day, bringing it closer to a critical resistance point of $4,000. This increase in price can be attributed to a significant rise in
investment
Crypto analyst Michaël van de Poppe recently shared his belief that Bitcoin, despite hitting a new all-time high of over $70,000, still has significant room for growth. He emphasized that Bitcoin is “heavily undervalued” and that its value is “way higher” than its current price. Van de Poppe pointed out that Bitcoin’s ability to hedge
As the hype around meme coins continues to rise, investors in dogwifhat (WIF) are now turning their attention to a new viral ICO called Sponge (SPONGE). With the potential for massive returns on investment (ROI) of up to 1000%, Sponge has caught the eye of many traders looking for the next big opportunity in the
Traders in the cryptocurrency market are closely watching the price movements of the Solana-based meme token, SMOG. With a recent 70% price increase, there is growing speculation that SMOG could potentially follow in the footsteps of other successful meme tokens like DogWifHat. The analysis of SMOG’s price trends indicates that there are still buying opportunities
Pantera Capital, a prominent crypto-focused asset manager, is making moves to secure funds from major investors in order to purchase heavily discounted Solana (SOL) tokens from the FTX bankruptcy estate. The company is in the process of raising capital for the Pantera Solana Fund, with the goal of acquiring up to $250 million worth of
In a recent interview with CNBC, financial analyst Tom Lee discussed the growing popularity of cryptocurrency among Millennials and Gen Z. He highlighted the generational shift in investment preferences, pointing out that younger individuals are more open to adopting Bitcoin and other digital assets compared to older generations. According to Lee, there is a significant
Bitcoin has been gaining momentum in recent years, with analysts like James Check predicting that it will surpass $250,000 in the current cycle. Check attributes this bullish outlook to the conviction of long-term holders, who have been holding onto their coins for over 155 days. The market seems more robust this time around, especially after
In a recent data shared by on-chain smart money investigator, a cryptocurrency trader managed to turn $310 into a whopping $5 million in just a span of 3 months. The trader achieved this incredible feat by investing in the Solana-based meme coin, dogwifhat (WIF), which experienced a massive surge in 2024. By only spending 5.288
The recent fall in Bitcoin price by over 10% after hitting an all-time high of $69,000 has left many investors wondering about the future of this cryptocurrency. However, despite the intense volatility surrounding Bitcoin’s price, there seems to be a rebound to the $68,000 mark. This rebound has reignited positive enthusiasm among investors and has
Elon Musk’s companies, Tesla and SpaceX, have been making waves in the cryptocurrency world with their substantial Bitcoin holdings. According to a recent report by Arkham Intelligence, Tesla purchased $1.5 billion worth of BTC in January 2021. Since then, the automotive company has made multiple transactions, selling off portions of its Bitcoin holdings. Arkham Intelligence’s