The recent sudden crash of Bitcoin price sent ripples throughout the cryptocurrency market, affecting not only Bitcoin but also other popular tokens like Dogecoin and Shiba Inu. This crash resulted in a $2,000 drop in the Bitcoin price within minutes, pushing it below $66,000. While the market saw a quick recovery, the initial decline raised
Bitcoin (BTC), the leading cryptocurrency in the world, has recently encountered a setback, as its price approaches the $66,736 level after a period of bullish activity. The question on every investor’s mind is whether the bulls will be able to regain control and push BTC back into an upward trajectory. With a market capitalization exceeding
The recent announcement by Joe Biden regarding his withdrawal from the 2024 presidential race created a ripple effect in the world of cryptocurrency, specifically in the realm of presidential meme coins. Following the news, there was a significant amount of volatility observed in the market, with tokens linked to Biden and his family experiencing drastic
The cryptocurrency market has once again experienced significant volatility following President Joe Biden’s decision to quit the 2024 presidential race. Bitcoin, the leading cryptocurrency, surged to a multi-week peak of over $68,000 in response to the news. The altcoins also experienced turbulence, with AVAX emerging as the top performer on a daily scale. Bitcoin has
eBay’s recent acquisition of KnownOrigin resulted in the abrupt closure of the company, sending shock waves through the digital art community. After operating for just two years, KnownOrigin shut down due to shifts in the NFT market that raised concerns about the longevity and safety of digital assets. This closure has major implications for the
The recent partnership between Kraken, a leading crypto exchange, and Tottenham Hotspur, one of England’s most iconic football clubs, has turned heads in both the sports and crypto industries. By becoming the official sleeve partner for Tottenham Hotspur’s men’s and women’s teams for the upcoming football season, Kraken has solidified its position as a major
The crypto industry is closely watching the possibility of a second term for former President Donald Trump due to his promise to end President Joe Biden’s crackdown on cryptocurrencies. With Trump’s odds of winning the U.S. elections on the rise, many in the industry are optimistic about the potential changes that could come with his
Crypto investment firm Mechanism Capital recently stated that Bitcoin could potentially reach a price level above $1 million in the mid-term. This bold prediction is based on a series of hyper-bullish developments surrounding the asset. Despite facing poor market structure dynamics earlier this month, Bitcoin has been performing stronger than expected. One of the leading
In the past seven days, the cryptocurrency market has seen significant growth, with the total capitalization reaching $2.55 trillion, an increase of over $150 billion. One of the frontrunners in this surge is Bitcoin, which experienced an 11% increase in value. Although Bitcoin did not claim the top spot in terms of performance, its upward
Semilore Faleti, a prominent cryptocurrency writer, has honed his skills in the field of journalism and content creation, with a focus on the complexities of blockchains and digital assets. His expertise lies in exploring the efficiency of digital assets for storing and transferring value, making him a staunch advocate for the adoption of cryptocurrency to
