Bitcoin’s rollercoaster week concludes with a remarkable surge, surpassing $44,000, buoyed by pivotal global events signaling a seismic shift in crypto adoption. Argentinian Minister of Foreign Affairs endorsed Bitcoin, paving the way for contract settlement using BTC within the country. Also notably, El Salvador passed legislation granting citizenship to foreign
Investors are waiting impatiently for the U.S SEC’s decision on spot Bitcoin ETFs as the clock ticks down to their expected approval. Many are keeping their fingers crossed for a satisfactory resolution before the deadline, which would have far-reaching consequences for Bitcoin and the cryptocurrency market overall. Michael Saylor, executive
In Wednesday’s trading session, Ethereum experienced a modest rally, displaying sustained upward momentum from the lower boundary of a significant consolidation range. However, the cryptocurrency faced hurdles around the $2,250 and $2,300 resistance levels, struggling to find a foothold above $2,250. Also, Ethereum encountered multiple rejections in the $2,200 to
The continuing upswing that started in the middle of October may be the beginning of a protracted bull market, according to crypto industry experts. During this time, stablecoins tend to flood the market. The majority of investors use stablecoins to buy and sell cryptocurrencies on exchanges. An examination of DeFiLlama
Bitcoin, the leading cryptocurrency by market capitalization, has seen recent price fluctuations, oscillating between notable highs and moderate declines. After reaching a peak above $44,500 earlier this month, BTC has settled around $42,000, experiencing a 1% decline today. The anticipation surrounding a potential U.S. spot Bitcoin ETF launch has boosted
A resurgence of interest in the possibility of the spot Bitcoin ETF launch in the U.S has sent the price of Bitcoin soaring beyond $43,000. With the SEC expected to reach a final ruling on spot ETFs in early January, the revelation that asset management BlackRock has amended its policy
Ethereum, the second-largest cryptocurrency, has experienced high price volatility and remained under bearish control for over three days. However, today marks a potential recovery as ETH surged by 3% in the past 24 hours, paralleling the global market cap’s 4% surge within the same timeframe. ETH hit a two-week low
Optimism over the anticipated approval of spot Bitcoin ETF applications in the U.S. market has propelled Bitcoin to the forefront of the larger market rise over the last two months. However, there was a noticeable slowdown in crypto trading activity on the final non-holiday weekend of the year, which might
Bitcoin (BTC) is experiencing a potential downturn following its significant eight-week surge, propelling from $26,866 to an impressive $44,543. As of now, the largest cryptocurrency has displayed a 2% dip in the last 24 hours, with its current value resting below $41,200, according to CoinMarketCap. Despite multiple attempts to breach
An unprecedented milestone has been reached by SOL, surpassing Ethereum in 24-hour decentralized exchange (DEX) volume the very first time since its inception in 2020. The Solana chain exceeded the Ethereum chain in DEX volume, according to statistics released by DeFiLlama on December 16. The Ethereum rollup chain Arbitrum was
