The launch of Spot Bitcoin ETFs has brought a significant boost to the price of Bitcoin and other cryptocurrencies, ushering in institutional demand to the world’s largest crypto asset. However, recent geopolitical tensions between Iran and Israel have caused Bitcoin to plummet to $61,000, undoing weeks of price gains. This article delves into the impact
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The recent reports of Iran launching missile and drone attacks on Israel have sent shockwaves through the cryptocurrency market, resulting in a significant drop in the price of Bitcoin. This drastic price movement was a direct response to the escalating tensions in the Middle East, particularly between Iran and Israel. The price of Bitcoin plummeted
As the countdown to the much-anticipated 2024 bitcoin halving event nears its climax, the cryptocurrency world finds itself amidst a whirlwind of excitement and speculation. Social media platforms have become abuzz with discussions surrounding the impending halving, according to data from Santiment. This increase in social media chatter indicates a potential for significant price movements
The crypto market experienced a sharp decline on April 12, catching many by surprise. The price of Bitcoin and other altcoins plummeted, resulting in massive liquidations across the board. While there are various theories as to what caused this sudden downturn, including a correction in the US stock markets, the exact reason remains elusive. The
The impact of Bitcoin Halving events on the flagship cryptocurrency’s price has been a topic of ongoing debate among analysts and experts. According to lead analyst Hannah Phung from SpotOnChain, historical data suggests that Bitcoin’s price tends to increase significantly around 6 to 12 months after the Halving event, rather than immediately. Past Halving events
Recently, the price of Cardano (ADA) has experienced a significant decline after reaching a 23-month high of $0.808 on March 11. The price has dropped by over 28%, with ADA now trading just below the $0.60 level. This decline has caused Cardano to slip to the 10th position among the largest cryptocurrencies by market cap,
Shiba Inu (SHIB) has been consolidating its position in the crypto market, with investors now turning their attention to an exciting new meme coin called Sponge (SPONGE). While Shiba Inu remains a prominent player in the meme coin world, ranked second only to Dogecoin, the emergence of Sponge has captured the interest of investors looking
Bitcoin has once again shown its strength in the market by breaking through the $70,000 barrier, indicating a bullish trend for the cryptocurrency. Crypto Jelle, a respected expert in the field, has made a bold prediction for Bitcoin, foreseeing a surge to $82,000 in the near future. He emphasizes that after a slight setback, Bitcoin
The U.S. Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, a major player in the world of decentralized finance (DeFi). The regulatory body recently issued a Wells Notice against Uniswap Labs, the company responsible for operating the largest decentralized exchange (DEX) globally. This move has sparked concerns within the crypto community
Investors and analysts have been closely monitoring the price performance of Cardano’s (ADA) in the market. Despite recent fluctuations leading to red numbers, a notable crypto analyst suggests that ADA is currently “right where it should be.” The spotlight on Cardano has revealed a disappointing price performance and a lack of appeal to traders, despite