The cryptocurrency market has showcased a notable resilience over the weekend, with Bitcoin holding its ground above the $90,000 threshold. With its price hovering just below the $92,000 mark, Bitcoin is once again rallying, eyeing a potential breakout that could challenge its all-time highs. This stable movement comes as Bitcoin’s total market capitalization eclipses $3.2
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In an era where transparency and accountability are paramount for organizations, the Cardano Foundation has taken a commendable step by releasing its 2023 Financial Insights Report. As the backbone of the Cardano ecosystem, this non-profit has made significant strides in outlining how it allocated its resources throughout the year. This report marks the foundation’s inaugural
The U.S. presidential elections last week spurred a remarkable shift in the cryptocurrency markets, particularly with spot Bitcoin and Ethereum ETFs. Initially marked by hesitancy in investment, the post-election landscape unveiled a turnaround, with Bitcoin ETFs experiencing a surge in demand that saw inflows exceeding $5 billion in just a week. This substantial influx highlights
Bitcoin (BTC) has been making headlines with its impressive surge to around $93,400 recently, sparking discussions about its potential to reach the coveted $100,000 milestone. According to insights from CryptoQuant, a prominent analytics platform, the notion that Bitcoin may be overvalued is dismissed based on several key indicators. The Trader On-chain realized max band, a
In a groundbreaking announcement, Genius Group Limited has set a precedent within the corporate world by adopting a “Bitcoin-first” strategy, making Bitcoin the principal reserve in its treasury management framework. This strategic redirection not only aligns with contemporary financial innovations but also signals a shift towards more decentralized modes of operational finance in the corporate
In recent discussions surrounding the cryptocurrency market, particularly Bitcoin, analysts have emerged with optimistic outlooks that suggest a potential surge in value. CryptoCon, a notable crypto analyst, has unveiled a concept known as the “Golden Multiplier Ratio,” which many enthusiasts believe points to a significant upward trajectory for Bitcoin’s price. By utilizing sophisticated technical analysis,
Ethereum (ETH) has been making headlines recently, primarily due to its significant breakthrough above the $3,000 mark. This pivotal moment has ignited enthusiasm among traders and investors alike, creating a buzz that a bullish surge may be on the horizon. The relief rally following this breakthrough has been marked by a strong uptick in trading
With Donald Trump’s election as President once again, substantial transformations in policy, particularly concerning cryptocurrency, are anticipated. During his campaign, Trump demonstrated a clear intention to soften regulation and enforcement associated with cryptocurrency, prioritizing other areas like immigration law enforcement. This shift raises important questions about the future of cryptocurrency oversight and the implications for
The actions of Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), have ignited a firestorm of criticism from various quarters, most notably from Tyler Winklevoss, co-founder of the cryptocurrency exchange Gemini. Winklevoss asserts that Gensler’s decisions cannot simply be dismissed as mistakes made in good faith, but rather are calculated moves driven
Bitcoin, the pioneer of cryptocurrencies, has recently demonstrated renewed vigor, inching closer to its previous high of $93,257. This surge has sparked significant interest and excitement in the trading community, as market participants eagerly speculate on the potential outcomes of this pivotal moment. Following a phase of market consolidation, Bitcoin is signaling the possibility of