Tag: Crypto Market

March 7, 2024

Bitcoin’s Value and Rising Fees Lead to Lucrative Mining Profits In the last 11 days, average transaction fees on the Bitcoin network have seen a significant uptick, jumping 288% according to Bitinfocharts.com. The site shows that the average transaction fee […]

March 4, 2024

Ethereum The last 24 hours saw ethereum’s (ETH) price swing from $3,411 to $3,537, encapsulating the volatile nature of the crypto market. A hefty trade volume of $20.02 billion and a market capitalization of $421.26 billion underline ether’s significant market […]

December 21, 2023

We have arrived at the start of the next bull market. If history is our guide, these cycles are powered by multiple factors including Bitcoin’s halving events, shifts in macroeconomic landscapes around U.S. elections and Federal Reserve interest rates, as […]

August 30, 2023

The U.S. Court of Appeals for the District of Columbia Circuit ruled in favor of Grayscale Investments on August 29, 2023, ordering the SEC to review Grayscale’s Bitcoin ETF application. While this led to an immediate surge in Bitcoin prices, […]

July 14, 2023

The European Securities and Markets Authority (ESMA) has published a consultation package under MiCA and is inviting comments from stakeholders. The European Securities and Markets Authority is an independent European Union Authority located in Paris. ESMA replaced the Committee of […]

July 13, 2023

Cryptocurrency prices surged higher on Thursday after the judge presiding over the Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs ruled that the XRP token is not a security. The crypto ecosystem responded to the news with jubilation, with […]

July 11, 2023

Cryptocurrencies have come roaring back this year. The price of Bitcoin (BTC-USD), the largest crypto by market capitalization, is up 82% year to date. Ethereum (ETH-USD), the second biggest crypto, is up 56% since January. Sentiment towards digital coins and […]

May 24, 2023

A declining correlation between bitcoin (BTC) and equities is rejuvenating the case for investors to include the asset in a more diversified portfolio, crypto market research firm K33 noted in a report. BTC’s 30-day price correlation with the tech-heavy NASDAQ […]

May 23, 2023

The crypto market has witnessed incredible momentum since the start of the year. It became evident when Bitcoin crossed the $30,000 price mark. Many believe that Bitcoin’s recent momentum means one thing – the start of the altcoin season. Not […]

April 21, 2023

The crypto market slid deeper into correction territory on Thursday as Bitcoin (BTC) now finds itself fighting to hold onto support at $28,000 while numerous altcoins have recorded double-digit declines over the past 24 hours. Stocks, likewise, trended down after […]

March 17, 2023

The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin BTC tickers down $27,370 was the biggest winner among the top 20 coins, up 31.5%, though some altcoins gained 50% or more […]

February 24, 2023

Bitcoin Bitcoin (BTC) was once again trading below $24,000 on Friday, as markets began to anticipate the release of U.S. consumer sentiment data. BTC/USD fell to an intraday low of $23,693.92 earlier in today’s session, less than 24 hours after […]

February 23, 2023

Bitcoin Bitcoin (BTC) moved back above $24,000 on Thursday, as cryptocurrency markets rebounded following the latest FOMC minutes. Following a low of $23,644.32 on Wednesday, BTC/USD surged to an intraday high of $24,572.09 earlier in the day. As a result […]

February 13, 2023

Bitcoin Bitcoin (BTC) continued to trade close to a multi-week low on Monday, as market sentiment remained bearish ahead of the upcoming U.S. inflation report. Following a high of $22,060.99 on Sunday, BTC/USD dropped to an intraday low of $21,539.50 […]

February 1, 2023

The price of Bitcoin broke through the $24,000 ceiling and the total crypto market cap jumped nearly 4% after United States Federal Reserve Chair Jerome Powell indicated that inflation had begun slowing down in the world’s largest economy. “We can […]

January 19, 2023

Bitcoin Bitcoin (BTC) dropped below the $21,000 mark on Thursday, as crypto markets fell following slowing U.S. retail sales figures. The decline saw BTC/USD hit an intraday low of $20,541.54 earlier in today’s session, fresh from a four-month high of […]

January 12, 2023

Crypto investors have been urged to keep their eyes peeled for “deepfake” crypto scams to come, with the digital-doppelganger technology continuing to advance, making it harder for viewers to separate fact from fiction. David Schwed, the chief operating officer of […]

January 9, 2023

Bitcoin has finally pushed above the $17,000 mark after rallying to $17,375 on Jan. 12, with both the bulls and the bears eyeing the Consumer Price Index (CPI) readout due on Jan. 12. If the print shows that inflation is […]

January 9, 2023

The power that influencers have in affecting public perception and therefore causing alterations in the value of a product, service, asset or currency has increased to the point where they can crash or uplift entire markets with their content and […]

January 5, 2023

Bitcoin Bitcoin (BTC) mostly consolidated on Thursday, as price failed to break out of the key level of $17,000 yesterday. Following a high of $16,964.59 on hump day, BTC/USD slipped to an intraday low of $16,789.75 earlier in the session. […]