Key Takeaways Bitcoin reserves on exchanges have dropped to 2.3 million, the lowest level since November 2018. Data from CoinGlass shows $2.7B in weekly outflows and $7.58B in monthly outflows as confidence in Bitcoin grows with ETFs now holding 1 million BTC. Share this article Bitcoin reserves on exchanges have fallen to their lowest level…
Este artículo también está disponible en español. Bitcoin has experienced a whirlwind of volatility following its recent all-time high of $93,483 set on Wednesday. Over the past few days, the price has oscillated between this record level and a low of $85,100, indicating the potential onset of a consolidation phase before the next major move….
Key Takeaways The Bitcoin Act of 2024 proposes a US Strategic Bitcoin Reserve to strengthen the dollar and maintain crypto leadership. The proposal includes acquiring 1 million Bitcoins over five years and using Federal Reserve remittances to fund the program. Share this article Senator Cynthia Lummis has introduced the Bitcoin Act of 2024, which is…
Este artículo también está disponible en español. Dogecoin (DOGE) has recently experienced a staggering rally. Over the span of eight days, DOGE surged nearly 200%, reaching a local peak at $0.4385 on Tuesday. This explosive growth propelled the daily Relative Strength Index (RSI) to almost 93, signaling strongly overbought conditions. Since then, the Dogecoin price…
Este artículo también está disponible en español. XRP has been experiencing a significant increase in on-chain activity, which has resulted in a recent surge in its popularity. Analysts and investors have expressed interest in the XRP Ledger, Ripple’s digital payment platform, due to its increased transaction throughput. Related Reading CryptoQuant recently noted an increase in…
Este artículo también está disponible en español. Solana-based Memecoin Dogwifhat (WIF) is among the tokens leading the crypto market. The cryptocurrency surged over 40% in the last 24 hours, breaking above the $4 resistance zone following its Coinbase listing. As a result, some market watchers forecasted a massive WIF rally before year-end. Related Reading Dogwifhat…
Key Takeaways Litecoin Mascot (LESTER) reached a $90 million market cap within 48 hours of launch. LESTER secured exchange listings and saw a 700% price surge post-launch. Share this article A new Solana-based meme token, Litecoin Mascot (LESTER), just hit a $120 million market capitalization within 48 hours of its trading launch, according to data…
Este artículo también está disponible en español. Data shows Dogecoin and other meme coins are receiving a significant amount of attention on social media, a sign that may not be ideal for Bitcoin. Top 6 Memecoins Have Seen Their Social Dominance Rocket Up Recently In a new post on X, the analytics firm Santiment has…
Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair. This increase has highlighted an intense period of market engagement, with…
Key Takeaways Bitcoin is predicted to reach $180,000 within the next year, representing a 1,000% return from the cycle’s bottom. Pro-crypto Trump administration appointments and growing institutional interest are factors supporting Bitcoin’s bullish trend. Share this article Matthew Sigel, VanEck’s head of digital assets research, forecasts that Bitcoin could soar to $180,000 this cycle, which…
