In a manner similar to bitcoin and the overall crypto market, gold’s value has climbed, nearly touching $2,200 per ounce this week. This uptick is widely attributed to demand from central banks, with surveys indicating both Wall Street and Main Street anticipate higher prices in the upcoming week. At the same time, gold enthusiast Peter […] Original
“Bitcoin price rise leads to increased mining and greater energy use, driving up the cost of energy, causing inflation to rise and the dollar to decline, driving demand for Bitcoin and increased mining, driving demand for energy and the cycle continues,” said Ackman in a post on X. Original
Following a dynamic period of activity in the crypto market on Friday, stocks of publicly traded mining companies have recovered from their recent decline. In the last five days, Marathon Digital Holdings’ stock fell over 15%, yet on Friday, it experienced a 7.71% increase in value against the U.S. dollar. Several other leading mining corporations […] Original
In a unique display of community support and unity, one of Shiba Inu’s native tokens, Bone ShibaSwap (BONE) has risen to the top five in Binance’s Future NEXT program, aiming to secure the number one spot for a potential token listing. SHIB Community Rally Over 20,000 BONE Picks The Shiba Inu community has been demonstrating an amazing amount of support for its burgeoning ecosystem, rallying around the BONE token to help propel its position to the top spot in Binance’s Future NEXT program. Initially at the 14th position on Binance’s…
In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break from the traditional pattern of lesser yields. Bitcoin’s Journey Towards a Possible […] Original
Bitcoin (BTC) miners are investing billions in equipment and consuming energy at unprecedented rates to maximize profits before the upcoming halving event in April. According to Bloomberg, the resurgence in Bitcoin mining activity is primarily driven by the cryptocurrency’s recovery. The world’s largest digital asset by market cap recently broke its all-time high record after losing 64% of its value in 2022 due to industry turmoil. This revival has been further buoyed by the introduction of spot Bitcoin exchange-traded funds (ETFs) and growing anticipation of the halving, an event occurring…
Following bitcoin’s significant market activity this week, conversations around the bull market have hit a high pitch, with numerous predictions of substantial increases in the leading crypto asset’s price cycle. Evidence indicates that call options, with strike prices ranging from $80,000 to $100,000, are now in the mix, as speculators exhibit strong optimism. Bitcoin Bull […] Original
Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” has the crypto world buzzing once again. This meme coin, forever linked to the adorable Shiba Inu dog breed, has witnessed a meteoric rise in both price and burn rate, igniting a passionate fire within its devoted “Shiba Army” community. But beneath the current frenzy lies a crucial question: can Shiba Inu transform itself from a playful pup into a respected player in the ever-evolving cryptocurrency game? Shiba Inu Burns Bright: Can It Melt The Ice Of Skepticism? The recent surge stems from…
In the ever-evolving world of cryptocurrency, having a reliable and accessible platform for trading is crucial. Zenit World steps into this arena, offering a user-friendly platform specifically designed for spot trading. But what exactly is spot trading, and how does Zenit World facilitate it? This article breaks down Zenit World’s Spot Trading capabilities and explores why it’s a top choice among traders. What is Spot Trading? Spot trading, in essence, is the direct buying and selling of cryptocurrencies at the current market price. This means you exchange one asset for…
Shiba Inu’s (SHIB) market cap is rapidly approaching Dogecoin’s (DOGE), with the former currently sitting around $20.5 billion, just 17% below Dogecoin’s market capitalization of $24.1 billion. Traders optimistic about Shiba Inu potential Over the past week, meme cryptocurrencies have experienced a significant surge. Shiba Inu often hailed as the so-called ‘Dogecoin Killer,’ has climbed several positions in the top 100 rankings, placing itself just below its rival, DOGE. In the past 7 days, Shiba Inu has seen a 62% price incline and a 280% surge over the past month. In…