In recent discussions that caught the attention of financial analysts and cryptocurrency enthusiasts alike, Steven Lubka, a prominent figure at Swan Bitcoin, made compelling assertions regarding Bitcoin’s trajectory leading up to 2025. Lubka optimistically predicted that Bitcoin could reach six-figure valuations regardless of the political landscape in the United States. His confidence comes amidst a
Crypto
In a significant move that has caught the attention of the cryptocurrency market, Grayscale Investments has announced the launch of a new Trust designed to track the performance of Ripple’s native token, XRP. This development raises intriguing questions about the potential for XRP to reach a milestone in the form of its own exchange-traded fund
The cryptocurrency landscape is notorious for its volatility, often swinging dramatically in a matter of hours. Following Bitcoin’s decline to $55,500 and a drop in Ethereum’s value to $2,200, analysts anticipated a grim outlook for the market. This bearish sentiment, particularly amid rising fears, uncertainties, and doubts (FUD) among investors, suggested a continuation of the
The cryptocurrency realm is often rife with speculation, particularly when movements from notable wallets raise eyebrows. Recently, the crypto community’s attention has turned to a wallet associated with the defunct FTX exchange and its sibling entity, Alameda Research. This wallet has redeemed an impressive 177,693 Solana (SOL) tokens, approximately valued at $23.75 million, from the
The cryptocurrency market has been undergoing significant regulatory changes, particularly in the United States, as authorities strive to create a framework that protects investors while fostering innovation. eToro, a prominent financial services company, is now navigating these turbulent waters. In a recent pronouncement from the Securities and Exchange Commission (SEC), eToro has been directed to
Coinbase, the premier cryptocurrency exchange in the United States, has taken a significant step forward by launching its Wrapped Bitcoin product, known as cbBTC. As it goes live on both the Base and Ethereum blockchain networks, this venture marks a pivotal advancement for Bitcoin holders looking to explore decentralized finance (DeFi) offerings. With its introduction,
Over the past two weeks, bitcoin has experienced a market correction of approximately 11% along with wild and volatile price swings. Despite a brief rebound to $58,000, the leading crypto asset still has a considerable distance to cover before reaching its all-time high levels. Recent on-chain data from Santiment indicates that wallets holding less than
Recently, Nubank, a prominent fintech bank, made the controversial decision to suspend trading for its cryptocurrency, Nucoin. This announcement came amidst concerns about the bank’s financial stability. In a blog post on September 10, Nubank revealed that Nucoin would no longer be available for purchase or sale within its app. Instead, it would function solely
In a recent analysis, ITC Crypto founder and CEO Benjamin Cowen pointed out a wedge chart pattern in the current cycle of Ethereum that is reminiscent of patterns seen in previous cycles, albeit on a much larger scale. He highlighted the ETH/BTC structure bottoming out after an interest rate cut in 2019 and suggested that
Bitcoin’s recent surge from $53,600 to just over $58,000 has caught the attention of many investors. This increase in price coincided with a change in the trend of US spot Bitcoin ETFs. The ETFs experienced almost $900 million in net outflows in recent weeks, causing a drop in Bitcoin’s price. However, on Monday, investors broke