In the realm of cryptocurrency, Bitcoin remains a key player that is closely scrutinized by experts and analysts alike. Doctor Profit, a renowned cryptocurrency expert, has recently shed light on specific regions that hold great importance for Bitcoin at this juncture. His insights have sparked optimism within the crypto community, hinting at a potential surge
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The past week was nothing short of challenging for Spot Bitcoin ETFs, as they struggled to attract significant inflows on a daily basis. This lack of interest resulted in consecutive daily outflows throughout the week, signaling a potential decline in bullish sentiment among institutional traders. The impact of this can be seen in the price
The recent surge in the crypto market has brought forth a new wave of speculative investments, with memecoins gaining significant traction among cryptocurrency enthusiasts. A prime example of this trend is the notable presale of a memecoin on the $BNB chain, which raised a staggering $280 million. This substantial figure not only exceeded initial expectations
Bitcoin’s price over the weekend remained relatively stagnant, hovering just above $64,000. This calmness comes after a period of volatility the previous week, signaling a potential shift in the market. Altcoin Stability While Bitcoin experienced a lull, altcoins have also shown less volatility compared to previous weeks. Dogecoin, however, stands out with a 7% surge,
Recently, a 46-year-old housewife in Hong Kong found herself in a nightmarish situation after investing a staggering 7.1 million Hong Kong dollars ($908,000) in a fraudulent crypto investment platform. The woman was targeted by fraudsters who contacted her through Instagram in July 2022, urging her to invest in cryptocurrencies through a link to a deceitful
In recent times, Ethereum’s network has witnessed significant growth in terms of daily active users and daily transaction volume. Despite this surge in network activity, the price of ETH, Ethereum’s native cryptocurrency, has experienced corrections over the past few days. It is interesting to note that Ethereum has seen a decline of over 10% in
Coinbase, the derivatives arm of the largest American cryptocurrency exchange, is gearing up to introduce futures trading contracts for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. The company recently filed letters with the United States Commodity Futures Trading Commission (CFTC) outlining their plans to launch monthly cash-settled and margin futures
The price of Ethereum has been facing challenges as the month progresses, despite a strong start. The bearish pressure in the cryptocurrency market has been impacting Ethereum, leading to a negative sentiment surrounding the “king of altcoins.” One significant concern contributing to this sentiment is the regulatory uncertainty surrounding ETH, adding to the bearish pressure
The meme coin sector has recently experienced a surge in popularity, with certain assets gaining significant attention on social media platforms. These assets have not only seen considerable price increases but have also become a hot topic of discussion among investors. According to DrobsTap, Memecoin (MEME) has emerged as the top-performing meme coin on X
The recent price movement of Ethereum has been quite tumultuous, with the cryptocurrency experiencing a pullback after reaching a new all-time high. Despite initially setting a new yearly high of $4,094, Ethereum has since been on a downward trend, causing its price to trade below the 100-day Moving Average in both the 1-hour and 4-hour