On Nov. 26, at block height 872,092, a long-dormant stash of 1,965 bitcoin (BTC), valued at a staggering $185.3 million, stirred for the first time in nearly a decade. Vintage 2014 Bitcoin Wallet Awakens: Millions Shift Amid Record Prices As bitcoin hovers above $90,000, trading at $94,342 per coin at 11:40 a.m. EDT on Tuesday, […] Original
Day: November 26, 2024
Unlock the Future of Gaming with Rakebit Casino: A New Frontier in Crypto Entertainment
Crypto casinos are revolutionizing the gambling industry by offering a seamless, secure, and anonymous gaming experience powered by blockchain technology. The growing adoption of cryptocurrencies, valued for their quick transactions, strong security, and exceptional privacy, has been a key factor in their rising popularity. Among the growing number of platforms, Rakebit Casino stands out as […] Source CryptoX Portal
Cardano Reclaims $1 As Network Growth Surges – Larger Breakout Ahead?
Este artículo también está disponible en español. Cardano (ADA) surged past the $1 mark over the weekend, marking a significant milestone in its recent rally. However, after reaching a multi-year high of $1.15, the cryptocurrency is now navigating a 17% correction as profit-taking sets in. Despite the pullback, the long-term outlook for Cardano remains bullish, fueled by renewed market momentum over the past three weeks. The price action reflects a maturing market, with ADA consolidating gains and building a foundation for its next move. On-chain data from IntoTheBlock highlights robust…
$2 Trillion Coming to Bitcoin? Musk’s D.O.G.E Might Purchase Bitcoin With State Savings
Known influencer and former kickboxer Andrew Tate presented a radical idea on social media: Elon Musk’s Department of Government Efficiency (D.O.G.E) might invest state savings in purchasing bitcoin, frontrunning the Congress to start building the rumored U.S. strategic bitcoin reserve. DOGE Might Redirect State Savings for Bitcoin Purchases The Department of Government Efficiency (D.O.G.E), the […] Original
Marathon Digital urges US to adopt Bitcoin reserve in open letter
Marathon Digital Holdings issued an open letter urging the United States to establish a strategic Bitcoin reserve. The open letter outlined why Bitcoin (BTC) and its mining infrastructure are vital to maintaining economic and geopolitical stability in a shifting global financial landscape. The letter highlights Bitcoin’s finite supply, its decentralized nature, and its growing importance as a store of value and medium of exchange. Marathon compared Bitcoin to gold, arguing that while gold has historically served as a reserve asset, it is becoming less effective in the digital era due…
Tokenized US Treasury Market Hits $2.5 Billion With Real World Assets Exceeding $13 Billion
The tokenization of real-world assets is growing at a rapid pace with assets exceeding a combined value of $13 billion. Interest in Tokenized U.S. Treasury Market Heating Up The tokenized U.S. Treasury market has reached $2.5 billion in value, reflecting a rapid embrace of blockchain technologies for digitizing traditionally illiquid real-world assets (RWAs). This is […] Source CryptoX Portal
Rising Peaks and Waning Steam—Is Bitcoin’s $100K Milestone Out of Reach?
Bitcoin (BTC) recently brushed the $99,800 mark, making it tantalizingly close to the elusive $100,000 milestone. This achievement sparks reflection on past trends and the cryptocurrency’s potential trajectory in the months and years ahead. Breaking Barriers or Cooling Down? Bitcoin’s $100K Struggle Back in 2017, bitcoin (BTC) approached $20,000, peaking between $19,475 and $19,695 but […] Original
Bitcoin Price Closes Above Bull Channel, Crypto Analyst Reveals What’s Next
Este artículo también está disponible en español. The Bitcoin price recently closed above the median in a bull channel, providing a bullish outlook for the flagship crypto. In line with this, crypto analyst Tony Severino provided insights into what could come next for Bitcoin. What Next For Price After Close Above Bull Channel In an X post, Tony Severino mentioned that the Bitcoin price is now retesting the median in the bull channel, with an evening star pattern forming on the chart, which hints at a potential reversal. He noted…
Top 5 Altcoins Set To Explode This Bitcoin Bull Run
Bitcoin faces resistance enroute to its $100,000 target, with a likelihood of consolidation. This has sparked a fresh interest in the altcoin market. In 2021, altcoins delivered massive gains to traders when Bitcoin paused its rally, and a similar scenario may be unfolding this cycle. With traders anticipating another potential breakout, we analyse key altcoins that could rally once more if Bitcoin takes a breather. This deep dive explores five altcoins from the 2021 bull run that are showing signs of gearing up for an explosive move this cycle. Bitcoin…
Bitcoin retail investors not in FOMO mode yet, CryptoQuant CEO says
Bitcoin retail investors have yet to reach fear of missing out levels, according to Ki Young Ju, the founder and CEO of CryptoQuant. Young Ju shared this perspective as Bitcoin (BTC) fell below $92,000, continuing its decline from near $100,000 last week. The CryptoQuant CEO highlighted that recent retail trading behavior has not shown signs of panic or excessive excitement. “Bitcoin retail investors aren’t in FOMO yet,” the analyst posted on X. “This indicator is based on the surge in trading count across all exchanges, tickers, and markets (spot and…