The crypto world has taken notice of Vitalik Buterin’s recent action of sending 100 ether (ETH) tokens to Coinbase. On November 1, Buterin sent about $181,000 worth of Ethereum to Coinbase. Given that Vitalik had earlier said he hadn’t sold any ETH for personal gain since 2018, this decision has
Bitcoin, the leading cryptocurrency, delighted the crypto community by wrapping up October with a bullish surge, affectionately nicknamed “Uptober” by enthusiasts. The community had high expectations for BTC throughout the month, given that historical data shows Bitcoin hasn’t experienced a negative October since at least 2013, with only two exceptions.
In light of recent events, billionaire and former hedge fund manager Stanley Druckenmiller has come forth to say that he may have been wrong about not owning Bitcoin all along. Duquesne Capital founder Stanley Druckenmiller was having a conversation with hedge fund manager Paul Tudor Jones. Druckenmiller was taken aback
Ethereum, the second-largest cryptocurrency by market capitalization, has made notable moves in October. The currency reached a seven-month low of $1,521 mid-week but managed to hit a two-month high of $1,865 by breaking through the $1,700 resistance level at the end week. This two-month high was achieved four days ago
A crucial indicator still indicates considerable volatility for Bitcoin (BTC) despite the asset’s recent upward momentum due to the widespread expectation of the approval of a spot Bitcoin ETF. Santiment, a market intelligence firm, reports that whale activity and social volume in Bitcoin have dramatically decreased over the previous week.
Since October 24, the world’s largest cryptocurrency, Bitcoin (BTC), has ignited a bullish trend across the broader crypto market. Also, Bitcoin enthusiasts and investors have been on the edge of their seats as BTC surges above the $34,300 range, and the excitement is solid. The surge in Bitcoin’s value is
The recent rise in Ethereum’s price is consistent with the market’s optimistic mood. The rising price of Bitcoin, driven in part by the prospect of Bitcoin ETFs, has had a salutary effect on the broader crypto industry. As a result of the market’s upbeat outlook, Ethereum, which is already a
In a month aptly named “Uptober,” Bitcoin (BTC) keeps up to its position with a significant surge in price. Over the past week, Bitcoin has notched up substantial gains, climbing by over 15.26% to settle around $34,100 after reaching yearly highs of $35,000, a major breakthrough. The journey from a
The blockchain analytics platform Santiment hinted in a twitter post yesterday that a market downturn for cryptocurrencies may not be happening very soon. This is in response to the current market recovery, which has resulted in significant price gains for Bitcoin (BTC) and other cryptocurrencies. Moreover, there are still a
Ethereum (ETH) continues to tread a delicate path, facing resistance as it attempts to break free from a descending trendline that’s been in place since April, when it reached its yearly high of $2,141. After dipping to a low of $1,536 on October 13, ETH made a rebound, surging to
