Este artículo también está disponible en español. After a relatively subdued price performance in 2024, Ethereum (ETH) could be on the verge of a significant breakout. A recent analysis by a well-known crypto analyst suggests that the second-largest digital asset may soon enter what they call its “most hated rally.” Is It Finally Ethereum’s Time To Shine? Since reaching its all-time high (ATH) of $4,878 in November 2021, Ethereum has struggled to regain momentum, while other cryptocurrencies such as Solana (SOL), SUI, and XRP have delivered substantial returns to investors.…
Month: February 2025
Bitcoin surges, Lightchain AI rockets as Mexico strikes trade deal with Trump
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin surges above $90k as market optimism rises, while Lightchain AI attracts attention, raising $15.3m in its presale Bitcoin has once again shattered expectations, selling above $90,000 as global market conditions fuel renewed interest in digital assets. The surge comes amid a historic trade deal between Mexico and former U.S. President Donald Trump, a move that has reinvigorated economic optimism and driven increased capital flow into cryptocurrencies. While Bitcoin…
Here’s why Litecoin, Shiba Inu, Solana, Bitcoin prices just tumbled
Bitcoin and other altcoin prices traded lower on Wednesday after the U.S. released hotter-than-expected consumer inflation data. Bitcoin (BTC) fell by 3%, while other popular altcoins saw steeper declines. Litecoin (LTC) was one of the worst-performing coins, dropping over 11% in the past 24 hours. Shiba Inu (SHIB) and Solana (SOL) fell by more than 5%, while the total market cap of all cryptocurrencies declined by 3% to $3.11 trillion. US inflation soared in January The main catalyst for the sell-off was a report showing that U.S. inflation surged in…
Bitcoin OTC Balances Decline, Raising Market Supply Questions
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Bitcoin poised for major move as CPI data looms
Bitcoin stands poised to breakout from the current consolidation range on looming CPI data. The crypto market is closely watching today’s release of the January consumer price index by the U.S. Labor Department, with the data expected to trigger Bitcoin (BTC) breakout from its $90 – $110K consolidation range. The CPI report is slated for release at 13:30 UTC and is anticipated to show a modest month-on-month increase of 0.3%, a slight decrease from Dec. 0.4%. This reading will likely be the key factor in influencing the Federal Reserve’s next…
BTC Moves Below $95K Following Inflation Data
U.S. inflation unexpectedly marched higher in January, sending crypto and traditional markets sharply lower. The closely-watched Consumer Price Index (CPI) rose 0.5% in January versus an expected 0.3% and December’s 0.4% pace. On a year-over-year basis, CPI was higher by 3.0% against forecasts for 2.9% and 2.9% in December. The so-called core CPI, which excludes food and energy costs, rose 0.4% in January versus an expected 0.3% and 0.2% the previous month. Year-over-year, core CPI was higher by 3.3% versus 3.1% expected and 3.2% in December. Already trading in downward…
4 Best Meme Coins to Watch as Trump’s Crypto Company Announces Bitcoin Reserve
World Liberty Financial (WLFI), a crypto project Trump has financial interests in, has launched a Macro Strategy Reserve aimed at boosting leading crypto tokens like Bitcoin, Ethereum, and the like. This reserve will help the fund diversify its portfolio into tokenized assets and combat increasing market volatility. Moreover, it will also enable investments in innovative projects within the DeFi landscape and support overall ecosystem development. WLFI aims to bridge the gap between traditional and decentralized finance and hence looks to forge strategic partnerships with esteemed financial institutions. It’s worth noting…
Best Altcoins to Buy as Top Crypto Firms Eye IPOs
Este artículo también está disponible en español. Five top crypto firms (Circle, Kraken, Gemini, Ripple, and Bullish) are looking to launch IPOs. This comes as yet another reflection of renewed trust in the US government to take crypto forward. Let’s explore these moves in more detail and analyze how they affect which altcoins to buy right now. Leading Crypto Companies Lobby for IPOs Here are some of the top firms gunning for IPOs right now. Circle – The company behind the USDC stablecoin, Circle has a market cap of $55B.…
Bitcoin ETFs See Another Day of Outflows As Ether ETFs Bounce Back With $12 Million Inflow
Bitcoin ETFs faced a net outflow of $56.76 million, while ether ETFs enjoyed a net inflow of $12.57 million, highlighting divergent investor sentiments. Bitcoin ETFs See $56.76 Million Outflow With Ether ETFs Attracting $12.58 Million Inflow The daily trading action of crypto exchange-traded funds (ETFs) on Tuesday, Feb. 11 saw contrasting fortunes for bitcoin and […] Original
Inflation Data May Shake Out Bitcoin’s Doldrums as Demand for BTC Picks Up
By Francisco Rodrigues (All times ET unless indicated otherwise) The U.S. inflation report due later today might shift bitcoin (BTC) out of the doldrums that have mired it this week. In recent years, the January figure has tended to show significant price hikes. Last year, for example, the month’s data put an end to a series of lower readings, repeating a pattern also seen in 2023. That’s because businesses often evaluate their costs and raise prices at the start of the year, as the Wall Street Journal points out. A…