The cryptocurrency market has had a rocky few years, with many investors experiencing significant losses as the market has remained down by 82%. However, despite this challenging environment, investment firms focused on Bitcoin (BTC) have recently raised a substantial amount of capital. In this article, we’ll take a closer look at why the crypto market remains down and what’s driving ...
Ethereum, the second-largest cryptocurrency by market capitalization, has seen a significant price increase of over 10% in recent days, leading the way for a surge in the broader crypto market. As of writing this article, Ethereum is trading at around $3,600 per token, up from $3,200 earlier this week. In this article, we’ll take a closer look at what’s driving ...
The price of Bitcoin (BTC) surged past $29,000 on June 17, 2021, soon after the U.S. Federal Reserve announced its decision to raise interest rates. In this article, we will explore the reasons behind Bitcoin’s price jump and what it means for the future of the cryptocurrency. The Federal Reserve’s Interest Rate Hike On June 16, 2021, the Federal Reserve ...
LCX, a Liechtenstein-based crypto platform, has announced its partnership with LunarCRUSH, a leading provider of crypto market insights. The collaboration aims to provide users with comprehensive and real-time data on crypto markets, including price movements, social media trends, and sentiment analysis. In this article, we will explore the benefits of this partnership and how it could revolutionize the way investors ...
The recent market crash in the crypto industry has left many investors in a state of panic. While some investors are weathering the storm and holding onto their assets, others, particularly those with low incomes, have been forced to sell their crypto in order to stay afloat financially. In this article, we will examine the reasons behind low-income investors selling ...
Cryptocurrency scams have been a major concern in the crypto community for many years. However, a recent report suggests that the number of crypto scams has fallen drastically in recent months. According to the report, the decline in crypto scams can be attributed to the exit of “noobs” from the crypto market. In this article, we will examine the reasons ...
Bitcoin, the world’s largest cryptocurrency, has been struggling to break through the $60,000 mark for the past few weeks. However, Bitcoin Cash, a spinoff of Bitcoin that was created in 2017, has seen a significant rise in price, with a 7% increase in the past 24 hours. In this article, we will examine the reasons behind Bitcoin’s stagnant price and ...
With the ongoing economic uncertainty, investors are searching for products that can potentially provide protection. In this regard, gold and Bitcoin (BTC) are among the assets considered viable options to provide the needed safety. In this line, senior commodity strategist at Bloomberg Mike McGlone has suggested that gold is likely to showcase its dominance and continue to outperform Bitcoin in ...
The cryptocurrency market has been on a rollercoaster ride since its inception, with numerous ups and downs. Bitcoin, the world’s largest cryptocurrency, has been no exception to this trend. However, according to CryptoQuant, a leading provider of on-chain data analysis tools for the cryptocurrency market, Bitcoin is poised for a significant rally in 2023, which will see it revisit its ...
Intercontinental Exchange’s crypto business, Bakkt, has announced the mass-delisting of multiple digital assets including prominent DeFi tokens. A spokesperson for Bakkt stated that “following the closing of our acquisition of Apex Crypto and as part of our regular coin listing review process, we have made the decision to delist a number of coins on the platform”, Coindesk reported on Friday. ...
