Bitcoin has been on an impressive rally, reaching a six-week peak of $88,900 earlier this week. This surge reflects an astonishing increase of 18% since it found itself languishing at a mere $75,000 just this month. Observers have noted that this resurgence coincides with gold’s own ascension to a record level, sparking renewed interest in
Crypto
On April 20th, a seemingly ordinary day turned into pandemonium for Bitget users as the VOXELUSDT perpetual futures market experienced an unprecedented surge in trading activity. The trading frenzy, which defied traditional market analysis, raised red flags for the exchange, prompting immediate action. Bitget suspended several accounts and swiftly rolled back trades culminating in a
The narrative surrounding Bitcoin (BTC) isn’t just a passing trend—it’s a seismic shift that threatens the very foundation of traditional finance. The recent rise of Strategy (MSTR), spearheaded by the outspoken Michael Saylor, signifies a crucial turning point where decentralized finance begins to challenge established market norms. The numbers may dazzle: over 13,000 institutional investors
While many anticipated a rejuvenating Easter weekend, the financial markets instead entered a state of stagnation. The absence of any new trade deals compounded the disappointment as investors faced a relentless barrage of negative news and uncertainty. The atmosphere was further poisoned by President Donald Trump’s decision to label critics of tariffs as “bad at
Ethereum is currently ensnared in a morass of stagnation, where the typical ebbs and flows of the cryptocurrency market have succumbed to an unsettling calm. With the digital asset lingering at approximately $1.5K, the market activity has plummeted to historically low levels. This stagnation is more than just a temporary hurdle; it could be the
As we delve into the ongoing evolution of blockchain technology, it becomes increasingly evident that Ethereum’s reign as the dominant decentralized platform is facing serious challenges. Recent findings from Binance Research highlight that while Ethereum continues to be the backbone of decentralized finance (DeFi), its ability to maintain supremacy is being tested by rivals like
The world of cryptocurrency has always danced on the fine line between privacy and responsibility. With the announcement that privacy-centric exchange eXch is ceasing operations on May 1st, the echoing concerns about accountability in the crypto space have taken center stage. This shutdown is not primarily about financial mismanagement or a lack of strategy; rather,
The world of cryptocurrency is a wild frontier, often likened to the Gold Rush of the 19th century. Yet, even amidst the glittering promise of digital assets, there lies a somber warning, particularly from figures like Gary Gensler. As the former Chair of the Securities and Exchange Commission (SEC) and now an MIT lecturer, Gensler
The current Bitcoin cycle offers a stark contrast to the exuberant days of past bull runs, where retail investors pushed prices into ballistic trajectories. There is a palpable sense of reserve among retail participants today, an atmosphere almost resembling a waiting room rather than a bustling marketplace. According to CryptoQuant, this economic shift can be
In an era marked by technological advancements and increasing digitalization, the U.S. government is ambitiously navigating the waters of cryptocurrency. Bo Hines, the Executive Director of the President’s Council of Advisers on Digital Assets, recently unleashed a groundbreaking initiative: the establishment of a U.S. Bitcoin Reserve. This plan is not merely a mundane economic strategy;
