After taking volatility into account, a JP Morgan analyst claims that Bitcoin is currently more heavily allocated to investor portfolios than gold. Investors’ allocation to Bitcoin (BTC) is 3.7 times more than that to gold, according to JPMorgan managing director Nikolaos Panigirtzoglou, who allegedly said this after accounting for volatility.
With Bitcoin reaching an all time high at $73,000 USD, the crypto market has nearly surpassed $2.7 trillion. The launch of the Bitcoin ETF added an additional $500 million to the capital markets, and as the market as a whole is rebounding, more capital inflow into crypto is anticipated. Another
In a dramatic turn of events, the global cryptocurrency market has witnessed a staggering 7.63% decrease, with its total market cap plummeting to $2.57 trillion over the last day. Bitcoin, the leading cryptocurrency has slumped to $67,000, marking an 8% decline. The downfall doesn’t end there; Bitcoin ETF inflows have
After soaring to new heights, Bitcoin’s (BTC) bullish momentum has hit a snag as the cryptocurrency experiences a significant pullback. Following its record-breaking peak of $73,750 on March 14, Bitcoin displayed a sharp decline, plunging to $65,630, marking a 12.3% drop. The sudden decline in Bitcoin’s price has resulted in
The cryptocurrency market is witnessing an unprecedented surge, with Bitcoin breaking past the $73,600 mark and Ethereum teasing the $4,000 threshold. It sets the stage for potentially groundbreaking future price actions amid Bitcoin halving arrival. Alongside, the broader market rally, memecoins, known for their volatile yet often lucrative nature, have
London, United Kingdom, March 13th, 2024, Chainwire Memeinator is progressing towards the end of its ICO, having recently blasted past $6.5 million raised. Already in stage 19 of 20 and pricing in at $0.0276, the Memeinator team is optimistic that the presale is likely to sell out fast. The Memeinator
London, United Kingdom, March 13th, 2024, Chainwire Bitcoin Dogs has now raised a spectacular total of $10.6 million as it nears the final 48 hours of its presale, after which the 0DOG tokens will become available for public trading. The ICO, the first-ever for a token built on the Bitcoin
On Monday, Bitcoin- Satoshi Nakamoto’s Invention has shaken up the BlockChain world by surpassing its all-time high. Yes on 11th March bitcoin reached a level of $72,093, which is insane. And the fact of matters is that the Bitcoin halving is yet to start. During the same time, we have
Bitcoin, the leading cryptocurrency by market capitalization, has achieved a new all-time high, surpassing the $72.5 K mark. This significant milestone comes after a week of bullish momentum, with Bitcoin’s price jumping from $66,000 to its current trading price of approximately $71,947, marking a 5% increase. The trading volume has
With the majority of the funds it garnered from its recent convertible debt offering, MicroStrategy (MSTR) has bought 12,000 more bitcoin (BTC). Led by Michael Saylor, a strong supporter of bitcoin, MicroStrategy now has 205,000 BTC worth around $14.7 billion. According to a post by Saylor on Monday on twitter,
