As the global economy rises to powerful exigents, Bitcoin becomes more of an appealing investment option that works to safeguard assets and promote self-ownership of resources. The latest political figure who joined the supporters of cryptocurrency is a member of the German parliament named Joana Cotar who discussed cryptocurrency as an effective weapon against inflation….
The cryptocurrency market has remained bearish over the past day, with the total market capitalization dropping to $2,133 billion during the past 24 hours, down 1.44%. The fresh pressure is attributed to appreciation pressure in the U.S. dollar and a slump in risk assets because of its long-drawn effects on the Middle East conflict and…
Binance has thus come out to debunk rumors surrounding the so-called “Moonbix Coin,” which is not true because there is no cryptocurrency token that is affiliated with the Moonbix game. Later, in an official announcement, Binance stated that Moonbix is an entertainment-based game designed for users with no relation to any tokens that have investment…
Metaplanet Inc., a Japanese investment firm, has expanded its portfolio by buying 107.913 Bitcoin for about 1 billion yen ($6.9m) in the cryptocurrency market. This latest acquisition is again a testimony that the firm has continued faith in Bitcoin, which is currently the most popular global cryptocurrency. The Tokyo-listed firm noted that it bought Bitcoins…
Key Takeaways: Bitcoin sits just under $62K as tensions continue to mount in the Middle East. Geopolitical instabilities and uncertainties give volatility in crypto and traditional currencies or stocks. Bitcoin Market Impact Bitcoin plunged below $62,000 after Iranian missile strikes against Israel The cryptocurrency is down 1.4 % in the last 24 hours. Just as…
Markus Thielen’s Bold Prediction Speaking to LaTribune about the future of Bitcoin, Markus Thielen of 10x Research expects Bitcoin to return to $70,000 within the next two weeks and possibly come close to its ATH of $73,000 in late October. Out of this, Thielen suggests that this could be the reason for this potential rally…
BTC/USD Surpasses $65K as Market Momentum Builds For several months the cryptocurrency market has been exhibiting a downtrend and finally, it has snapped out. Bitcoin (BTC) has been trading above the 200MA and broke crucial resistance levels to rise to $65,300 at the time of writing. This is crucial as BTC is now above its…
Key Highlights: The price of Bitcoin rises by 2.95% crossing $66536 with trading volume increasing by 49.65%. Shiba Inu take the day, and become the most bullish token, with a 21.98% hike in price. Ethereum and Solana continue to experience an uptrend in price and are up by 1.96% and 5.22%, for Ethereum and Solana…
