Worldcoin, the digital identity token ERC-20 project on the Ethereum (ETH) blockchain, has garnered significant attention. Its native token, WLD, emerges as the top performer among the top 100 cryptocurrencies by market capitalization. The token has experienced a remarkable 31% uptrend in just 24 hours and a staggering 217% surge over the past fourteen days. This surge not only marks a new all-time high for WLD but also positively impacts Alameda Research, the now-bankrupt trading arm of the defunct FTX exchange, which holds a substantial stake in Worldcoin. Alameda Research’s…
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Hedera (HBAR) Soars 50% To Mark New 20-Month High, Fuels Bullish Price Targets
Hedera (HBAR), a decentralized public network known for its near real-time consensus and developer-friendly environment, has emerged as one of the top-performing altcoins in the cryptocurrency market. As the overall market experiences a resurgence of bullish sentiment, HBAR has demonstrated impressive growth, positioning itself as one of the leaders among the top 100 cryptocurrencies by market capitalization. Trading Volume For HBAR Spikes 200% Over the past fourteen days, HBAR has recorded substantial gains, surging by nearly 50%. This upward momentum extends to the thirty-day and year-to-date time frames, with gains…
2 Reasons Bitcoin (BTC) Could Challenge Record High of $69K Before Halving
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…
Bitcoin hits 2-year high, traders expect more gains in February
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin (BTC) rose to a two-year high of $51,440 earlier on Feb.15. Given this bullish momentum and the favorable macroeconomic conditions, what price could Bitcoin reach in February? Bitcoin soars past $1 trillion market cap The BTC spike above $51,000 also saw the network’s market cap break above $1 trillion. This milestone comes as daily spot trading volumes continue increasing – with over $40 billion in BTC exchanging hands…
Bitcoin (BTC) Hits Record High in Yen (JPY) Terms, Reflecting Stress on Japan’s Fiat Currency
For instance, early Monday, the leading cryptocurrency, often considered digital gold, hit a new record high of 7.9 million yen on Tokyo-based cryptocurrency exchange bitFLYER. In contrast, the cryptocurrency’s dollar-denominated price stood above $52,000 or 32% short of the record high of $69,000 reached in November 2021, according to data from the charting platform TradingView. Source
Bitcoin Open Interest Surges To A 2-Year High, BTC Breaks Above $51,000
Bitcoin’s open interest has surged past $11 billion for the first time in over two years. This uptick comes when the world’s most valuable coin surges, recently easing past $51,000, the highest level since December 2021. Bitcoin open interest | Source: Kaiko on X Surging Open Interest And Order Book Imbalance According to Kaiko, a leading crypto analytics provider, this upswing in open interest comes at a critical time for the coin. When prices zoomed past $48,000 on February 11, there was an order book imbalance. Then, Kaiko observed there…
Crypto-Related Company Shares Rise Pre-Market as Bitcoin Tops $51K, Market Cap Hits 26-Month High
Bitcoin, the largest cryptocurrency by market value, added about 2.9% in the last 24 hours, while the CoinDesk 20 Index, a measure of the largest digital assets, rose around 2.1%. Ether {{ETH}}, the second-largest cryptocurrency, gained 3.2% to $2,754, the highest since May 2022, while the total crypto market cap touched $2 trillion for the first time since April that year. Source
Crypto Fear & Greed Index Hits Highest Level Since Bitcoin’s 2021 Record High
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…
Bitcoin options traders anticipating new all-time high
Crypto investors are targeting record Bitcoin prices with increased call options activity on the market. Data from Bloomberg Intelligence highlights a marked rise in the activity for call options expiring on Mar. 29 at strike prices of $60,000, $65,000, and $75,000. This comes despite Bitcoin having achieved its all-time high of $69,000 more than two years ago, in November 2021. A high activity level in the options market indicates significant speculative interest and strategic positioning among Bitcoin investors. When traders heavily invest in call options at strike prices above the…
Bitcoin zooms past $50K, records new February high
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin is up 16% this week, breaking above $50K for the first time since December 2021. From spot rates, a 27% increase would catapult it to its all-time high. With that in mind, onlookers want to know its potential in February. BTC has no resistance The recent Bitcoin breakout was unexpected, with analysts anticipating a pre-halving ceiling of $48K. However, the recent Bitcoin pump reached highs of $50.2K and…