Este artículo también está disponible en español. A crypto analyst who accurately forecasted the Bitcoin price increase to the $99,000 All-Time High (ATH) has just released a more detailed analysis of his prediction. The analyst shared a chart highlighting crucial technical indicators and price movements that suggest the cryptocurrency could be gearing up for an even higher ATH. Analyst Projects $105,000 As The Next Price Target Weslad, a TradingView analyst, has raised his Bitcoin price forecast, predicting the next upside target at $105,764 as the crypto market bull run gains…
Category: News
Crypto Roadmap Presented To Trump And Congress By Blockchain Association For Initial 100 Days
As President-elect Donald Trump prepares to assume office on January 20, 2025, the cryptocurrency industry is optimistic for a new regulatory era. The Blockchain Association, a nonprofit organization focused on promoting innovation and fostering a supportive policy environment for digital assets, has taken the initiative to communicate its priorities directly to the incoming administration and Congress. Steps For Supporting Crypto Assets In Trump’s First 100 Days In a letter penned by Kristin Smith, CEO of the Blockchain Association, the organization expressed its hope for a friendlier regulatory landscape under Trump’s…
Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral Event
Justin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity. Cybercapital CIO Justin Bons Alerts About […] Original
MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering
MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030. Nasdaq Listed Bitcoin Miner MARA Buys 5,771 Bitcoin Following Sale of Convertible Notes MARA Holding, listed as MARA on Nasdaq, stated that the funds will go toward acquiring […] Original
Stellar, Dogecoin, Cardano rally as Bitcoin approaches $100k
The global cryptocurrency market increased by 11.5% this week, reaching a record high of $3.49 trillion and adding $358 billion in valuation. Bitcoin (BTC) surged over 8% during this period as buyers attempted to breach the $100,000 psychological resistance, and the hype spilled over into the broader altcoin market. Some standout performers this week included Stellar (XLM), Dogecoin (DOGE), and Cardano (ADA). Stellar rallies over 190% Stellar surged over 190% in the last seven days, exchanging hands at $0.4436, its 40-month high as demand surged, making it the best-performing asset…
NFT sales drop 9.6% to $160.9m, Ethereum and Bitcoin network sales plunge
As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.35 trillion from last week’s $3.03 trillion. This marks a 2% increase over the last day, with Bitcoin (BTC) currently trading at $98,620. The last week’s NFT sales volume stood at $178.8 million. However, according to recent data from CryptoSlam, the NFT market has seen a pullback. NFT sales volume decreased…
Cardano Hits 2-Year High Of $0.97, Analyst Bullish On $1 Target For The Weekend
Cardano (ADA) has had one of the best performances over the last three weeks, surging over 200% toward a 2.5-year high. Today, the cryptocurrency rose over 20% to break above the $0.90 mark, fueling a bullish sentiment for the long-awaited $1 target. Cardano Makes New Year-High Above $0.90 On Friday, Cardano broke past the $0.81 resistance and skyrocketed toward the $0.90 mark, making a new year-high of $0.97. This performance represents a 22% surge in the last 24 hours, driving the token to its highest price since late April 2022.…
Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny
With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it’s worthless because it isn’t physical, or likening it to the infamous Tulip mania. These overused jabs seem to have become a standard playlist whenever bitcoin captures attention. The […] Original
Bitcoin ETFs hit $3.38b weekly inflows, VanEck eyes $180k
Demand for spot Bitcoin exchange-traded funds soared to its highest levels since launch, with a whopping $3.38 billion flowing in this week, and experts foresee even greater momentum once BTC surpasses $100,000. With five straight days of positive inflows, catalyzed by hopes of an increasingly friendly regulatory environment under President-elect Donald Trump, the total net asset value of Bitcoin Spot ETFs reached $107.488 billion for the first time. The most inflows for the week were recorded on Nov. 21, drawing $1 billion, which coincided with anti-crypto SEC Chair Gary Gensler…
Venture Capitalist Cites Funding, Talent for Web3 Development Surge in Emerging Markets
A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity in North America and Europe is being offset by a surge in […] Source CryptoX Portal