If the United States boldly leaps into action with a strategic bitcoin reserve under the Trump administration, this daring move could spark a worldwide financial upheaval, crowning bitcoin proponents as the ultimate guardians of freedom in a crumbling fiat realm. Here’s a theoretical tale on how this strategic bitcoin stash and the rise of bitcoin’s […] Original
Este artículo también está disponible en español. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, recently experienced a significant price correction, dropping below $3,100 for the first time in 29 days. This marks a notable shift from its peak performance in December, when it reached this year’s high of $4,106 on December 16. However, the all-time high for ETH, set at $4,877 on November 8, 2021, remains unbroken. Since reaching that high, Ethereum has been forming lower highs and lower lows, indicating bearish momentum in the market. Ethereum Market Sentiment…
Bitcoin price has had a strong performance this year as it jumped by 120%, beating popular assets like the Nasdaq 100 and the S&P 500 indices. Bitcoin (BTC) has retreated to $97,000 from the all-time high of $108,427 after the Federal Reserve pointed to just two interest rate cuts in 2025. MVRV score shows Bitcoin price is still cheap The recent Bitcoin pullback affected investors, as evidenced by spot ETF flows. According to SoSoValue, these funds had net outflows of $276 million on Friday, a day after they shed $680…
Crypto hedge funds post exceptional returns, Riot secures massive funding, and North Korean hackers set new crypto theft records in today’s edition of the weekly recap. Hedge funds ride Bitcoin wave NFTs show resilience Saylor says… Tether’s AI ambitions and… Original
On Sunday, Dec. 22, 2024, bitcoin’s price dropped under the $96,000 mark, hitting a low of $95,135 per unit. This dip comes after bitcoin soared past the $100,000 milestone earlier this month, marking an impressive run for the cryptocurrency. Traders Cash In, Bitcoin Tanks to $95K in Sunday Sell-Off Analysts chalk up the recent price […] Original
U.S. Senator Cynthia Lummis recently reinforced the intention of extending faculties to the Federal Reserve to purchase and own bitcoin as part of its reserve assets. Lummis stated that the U.S. debt can be repaid through a bitcoin strategic bitcoin reserve, as proposed in her BITCOIN Act. US Senator Cynthia Lummis Proposes Allowing the Federal […] Original
Amid a general crypto market price fall in the past week, Ethereum (ETH) recorded a price correction of over 19.5% finding support at a local bottom of $3,100. Since then, the prominent altcoin has only shown slight resilience rising by over 5% in the past two days. However, recent data on wallet activity provides much cause to be bullish on Ethereum’s long-term future. Ethereum HODL Addresses Increase Supply Dominance To 16% In a recent QuickTake post, CryptoQuant analyst MAC_D shared some positive insights on the Ethereum market. The crypto market…
XRP community gets new rewards, Fed rules out BTC reserves, Strike CEO says Trump eyeing US BTC reserve, and more in this Week in Review. Week in Review Ripple’s RLUSD stablecoin debuted on Uphold, offering rewards and benefits to XRP holders. Federal Reserve Chair Jerome Powell ruled out the possibility of the Fed holding Bitcoin […] Source CryptoX Portal
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Este artículo también está disponible en español. Ethereum has faced significant volatility over the past few days, with massive selling pressure emerging after the cryptocurrency failed to break above its yearly highs set earlier in December. This price action has left traders and investors questioning the next direction for ETH as it consolidates under critical resistance. Related Reading Despite the turbulence, on-chain data suggests a potentially bullish outlook. Analyst Ali Martinez shared insightful metrics showing that Ethereum whales have been accumulating heavily during this period of uncertainty. According to the…