Month: March 2024

Crypto Expert Reveals Why Bitcoin Could Hit $200,000 By April

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A crypto analyst has forecasted Bitcoin’s price to surge to unprecedented highs ahead of the 2024 Bitcoin halving event scheduled for April. The cryptocurrency has already been experiencing significant gains, surpassing its previous all-time high to trade above $70,000.  Bitcoin’s Path To $200,000 In a recent X (formerly Twitter) post, crypto analyst, Gert van Lagen provided a compelling narrative supporting Bitcoin’s bullish trajectory leading up to the halving event in April 2024.  Sharing a price chart illustrating Bitcoin’s recent bullish movements, Lagen revealed that the cryptocurrency doubled in value within…

ETFs have brought more short-term volatility to bitcoin but may help long-term

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A big selling point of bitcoin exchange-trade funds was their potential to reduce bitcoin’s notorious volatility over time. But what’s happened so far is that big swings are back in the world of cryptocurrency. Just look at last week. Bitcoin climbed to an all-time high —its first record in more than two years — only to quickly fall by as much as 10% before bouncing back up to yet another new record. The bitcoin 30-day historical volatility index has been sitting at its highest levels in 11 months as leverage…

VanEck Temporarily Cuts Bitcoin (BTC) ETF Fee to Zero After Lagging in Assets

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin has outpaced USD nearly every year since its inception

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Since its inception, Bitcoin has experienced annual price declines in only four of 14 years.  Despite its inherent volatility, this shows the overall trend of growth and long-term utility of Bitcoin (BTC) as an asset class. With BTC hitting its all-time high of $72,000 today, the leading cryptocurrency is up by over 260% annually. But this isn’t the only time BTC has recorded significant yearly gains.  Since the token started first trading in March 2010, BTC has experienced an annual decline only in 2015, 2019, 2022, and 2023.  “Every investor…

UNIBOT Crashes 37% Following End Of Cooperation With Solana Team

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In a significant move, the Unibot core team has announced a decisive shift in its collaboration on the Solana blockchain, pointing toward a future where trust, security, and community values take center stage, per a statement on their official social media accounts.  Unibot Core Team Emphasizes Commitment To Transparency and Security This pivot comes as the team ends its partnership with the group that previously deployed Unibot on Solana, citing a misalignment with Unibot’s foundational principles of transparency, security, and honesty. According to a recent Unibot’s official X account update,…

Beyond the Hype: Smog Token’s Rise as a Trailblazer in Crypto Alongside FLOKI and Pepe

Meme coin mania is in full swing as the new trading week begins. Among the Ethereum-based tokens gaining traction, Smog (SMOG) is catching investors’ attention alongside the surge in prices of Pepe (PEPE) and Floki (FLOKI). The speculative mania surrounding the sector has propelled these tokens into the spotlight. PEPE Regains Momentum After Weekend Pullback […] Source CryptoX Portal

Bitcoin (BTC) to Eat Gold (GLD)

As one well-worn example, Saylor said that gold can’t easily be moved from New York to Tokyo in a few minutes, unlike bitcoin. He also expects bitcoin to divert money away from other risk assets, including the giant SPDR S&P 500 ETF (SPY), and for bitcoin to begin showing up in other funds similar to the BlackRock setting plans to acquire spot BTC ETFs in its Global Allocation Fund. Source

With Mastercard (MA), MetaMask Tests First Blockchain-Powered Payment Card

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines

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Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others have diminished in value compared to the U.S. dollar, even as bitcoin celebrates fresh price milestones. Mining Stocks Tumble on Nasdaq Nasdaq-listed bitcoin (BTC) miners […] Original