After Bitcoin’s month-long consolidation, this week turned positive for the global cryptocurrency market with a series of pivotal events and announcements. Bitcoin has shown a strong bounce, trading nearly 15% higher on the monthly chart and nearing the $70,000 zone. This upward movement follows the Bitcoin conference over the weekend,
The goal of Donald Trump’s administration is to establish the US as the global leader in cryptocurrency. During his inspiring address at the Bitcoin 2024 conference in Nashville, Tennessee on July 27, the former president made these and other promises. Cryptocurrency proponents, meanwhile, may have been confused by the Republican
The announcement of a Bitcoin lending program was made at the Bitcoin 2024 conference on Saturday, July 27, by billionaire Howard Lutnick, who is also the Chairman and CEO of the financial services business Cantor Fitzgerald. The company made its Bitcoin holdings public and argued for Bitcoin’s legalization in the
Shiba Inu (SHIB) began its day bullish as the meme coin rebounded from its recent lows. Some of the analysts are predicting that SHIB can recover and climb up to new highs. Over the past 24 hours, the meme coin’s price has recovered by 2.45%. On the other hand, according
The second leading altcoin, Solana has witnessed bullish trends over the past few weeks. In the last 24 hours, the token caught market attention by flipping its competitor BNB token in market cap. This new milestone for SOL occurs amid the token’s surpassing its previous resistance levels. Meanwhile, other leading
Vitalik Buterin has firmly rejected claims that Ethereum’s research team is embracing centralization, responding to concerns raised by Péter Szilágyi, head of the Ethereum development team. Szilágyi had expressed worries about the direction of Ethereum’s development, particularly regarding the proposed PeerDAS upgrade. At the recent Foundation research workshop, Buterin emphasized
The Grayscale Ethereum Trust ETF (ETHE) has hit a record net outflow of $1.514 billion, which is a startling trend in the crypto market. The entire result is bolstered by a notable net outflow of $356 million on July 26, which highlights this development. Data from SoSoValue shows that Spot
Bitcoin (BTC) has maintained its momentum above $65K since the start of the week. The asset has climbed to $68K amid a greedy market sentiment. This surge is supported by institutional investors and notable figures who advocate for Bitcoin. Adding on to it, the Bitcoin Conference in Nashville has generated
The cryptocurrency market is exhibiting a spur of movement in the last few days. Amid several transactions seeking the spotlight, the Uniswap team showed notable activity seven hours ago. A wallet linked to the defi protocol deposited UNI tokens onto the Coinbase exchange as the token’s price began showing upward
Independent presidential candidate Robert F. Kennedy Jr. highlighted the potential benefits of Bitcoin for the U.S. economy during his address at the Bitcoin2024 event on July 26. He outlined several executive orders he planned to sign on his first day in office, aimed at integrating Bitcoin into the national economic
