April 2023 has witnessed an unusual blend of volatility in global markets, primarily driven by President Donald Trump’s tariff strategies. However, amidst these economic trials, Bitcoin has showcased a remarkable resurgence, ascending by over 14% this month alone. As it nudges past the $94,000 mark, speculations abound regarding its potential trajectory. A heightened sense of
Crypto
In a year fraught with economic tumult, THORChain has found itself navigating a treacherous landscape that poses significant threats to its viability. The Layer 1 DeFi protocol’s struggle is emblematic of deeper issues within the cryptocurrency ecosystem. The sharp decline of its native token, RUNE, by 74.5% in Q1 2025 is not just a numerical
Bitcoin has been the poster child of digital currency volatility, and its recent surge to nearly $96,000 is a phenomenon that simultaneously energizes and terrifies market participants. The cryptocurrency reached this zenith after a week that many would describe as euphoric, particularly for those who had anticipated a breakout. Beginning the week at $86,000, Bitcoin
The cryptocurrency market is in a constant state of flux, often swayed by external pressures, including economic policies like tariffs and inflation. Despite concerns surrounding President Trump’s tariffs in early Q1, which typically have adverse effects on market sentiment, cryptocurrencies have shown remarkable resilience. Bitcoin, for example, experienced a volatile period where it dipped at
Bitcoin’s riveting ascent of over 10% in just one week has sent ripples through the crypto community, but the underlying dynamics tell a more complex story. Binance, the largest exchange by trading volume, has carved out an astonishing 23% of all Bitcoin reserves held on centralized platforms, a development highlighted by CryptoQuant’s recent stats. While
The cryptocurrency landscape is a wild frontier, often driven by speculation, hype, and social media narratives. XRP, the native token behind the Ripple platform, is no exception. Recently, social media influencer John Squire captured the attention of over 500,000 followers with his bold prediction that XRP might skyrocket to $100. Such ambitious projections can seem
The launch of a cryptocurrency is often a moment of excitement and expectation, promising a wealth of opportunity for both seasoned investors and newcomers hoping to strike it rich. However, the debut of the M3M3 meme coin on the Solana-based decentralized exchange Meteora has revealed a troubling undercurrent of deceit, culminating in a staggering class-action
Bitcoin, the flagship cryptocurrency, is defying expectations as it rises dramatically amid a turbulent financial landscape. This week, Bitcoin soared to a remarkable six-week high of $88,900, marking an 18% increase from its recent low of $75,000 earlier this month—a practical testament to the cryptocurrency’s resilience and potential for resurgence. It seems Bitcoin is not
On April 20, 2023, Bitget, a rising star in the cryptocurrency exchange arena, found itself embroiled in controversy as abnormal trading activity in its VOXELUSDT perpetual futures market unfolded. The events of that morning were dramatic, with price spikes that sent ripples through the trading community, surpassing even Bitcoin’s 24-hour trading volume. This incident brings
The financial arena is undergoing a remarkable upheaval, primarily driven by the surging popularity of Bitcoin (BTC). One of the most influential players in this transition is MicroStrategy (MSTR), led by the audacious Michael Saylor. Recent revelations indicate that more than 13,000 institutions and a staggering 814,000 retail accounts now hold MSTR directly. This suggests