The recent US presidential elections have injected new energy into the cryptocurrency market, particularly in the realm of Bitcoin Exchange-Traded Funds (ETFs). In the days leading up to the election, investor sentiment was somewhat subdued, which suggests a cautious stance amid uncertain political outcomes. However, once it became clear that Donald Trump emerged victorious, the
Crypto
Bitcoin (BTC) has captured the attention of investors and analysts alike, recently hitting an impressive peak of $93,400. While this remarkable ascent may lead some to believe that the cryptocurrency is reaching its limits, insights from market analytics platform CryptoQuant suggest otherwise. The general consensus is that Bitcoin is not yet overvalued and that the
In a significant move that signals a transformative strategy, Genius Group Limited has declared a groundbreaking initiative to adopt a “Bitcoin-first” approach in its financial and operational framework. This strategy positions Bitcoin as the central treasury reserve asset for the company, aligning with a rising trend among corporations to integrate cryptocurrency into their financial portfolios.
In a significant development for the blockchain landscape, Consensys has unveiled the establishment of the Linea Association, an independent non-profit organization based in Switzerland. This new entity aims to propel the advancement of the Linea network, which operates as a zero-knowledge Ethereum Virtual Machine (zkEVM) Layer-2 rollup. The formation of this association signifies a crucial
The brutal realities of violence entwined with the cryptocurrency industry have resurfaced with the tragic discovery of Kevin Mirshahi’s remains in Montreal. His abduction and subsequent death mark an alarming incident that not only heightens the spotlight on the darker aspects of cryptocurrency investments but also raises questions about the safety of individuals involved in
Brad Garlinghouse, the CEO of Ripple, recently shared his thoughts on the potential transformation of the cryptocurrency landscape following Donald Trump’s electoral victory. Garlinghouse suggests that a shift towards a more “lawful” administration could usher in significant changes for the U.S. crypto industry. It’s a bold statement to make so soon after the announcement of
Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing a resurgence, largely influenced by Bitcoin’s ascent to unprecedented price levels. After a prolonged period of stagnation, where the price struggled to maintain momentum, Ethereum is now showcasing a significant bullish breakout. Initially, Ethereum’s resistance at the $2,800 mark had proved challenging, but recent trading sessions
After experiencing fluctuations below $90,000, Bitcoin has made a remarkable comeback, culminating in a surge past the $91,000 mark within just 24 hours. Initially dipping as low as $87,000, it became a point of concern for investors. However, the rapid increase of over $4,000 in a single day indicates a robust market recovery. This volatility
In a bold assertion of his economic philosophy, Argentine President Javier Milei has advocated for the preservation of cryptocurrency as a private sector initiative, distinct from state influence. During his recent address at “Meta Day Argentina” in the historically significant Palacio Libertad Domingo Faustino Sarmiento, Milei articulated a strong criticism of central bank digital currencies
The cryptocurrency landscape has witnessed significant changes in recent weeks, particularly concerning Ripple’s XRP. Initially sluggish, XRP has recently observed a remarkable uptrend, raising questions about the underlying factors driving this momentum. One prominent aspect is the behavior of Ripple’s “whales,” or large investors, who have been notably active in accumulating XRP. Data from Santiment