Shiba Inu (SHIB), a meme coin that made its debut in 2020, burst onto the cryptocurrency scene during the explosive bull market of 2021. At its peak in 2021, SHIB achieved a staggering market capitalization of $32.84 billion, making headlines worldwide. However, the cryptocurrency market is known for its volatility,
According to Arthur Hayes, the price of Bitcoin might fall by as much as 40% in March. A week of market chaos is on the horizon, according to a recent post by the ex-CEO of crypto exchange BitMEX. As the first spot Bitcoin ETFs in the U.S are expected to
The mining operation run by Marathon Digital Holdings set a new monthly record for Bitcoin output in December 2023. In December, the corporation mined 1,853 Bitcoin, which is a 290% rise over December 2022 and a 56% increase from November. Furthermore, the firm considers this to be the greatest monthly
As optimism grows that the U.S.-based spot bitcoin ETFs will soon get regulatory clearance, the price of bitcoin momentarily climbed above $45,500 in the last 24 hours. Centralized exchanges saw a large liquidation of short positions due to the recent price surge. The bulk of the more than $81 million
Prominent Bitcoin supporter Michael Saylor has declared 2024 “The Year of Bitcoin,” a reflection of the industry’s lofty ambitions. On December 27, 2023, MicroStrategy, headed by Michael Saylor, made a daring move by acquiring 14,620 BTC, which is worth almost $615 million. A total of 189,150 BTC is now in
Welcome to the fascinating world of cryptocurrencies, where investors are frequently drawn to chances for significant profits. We’ve put together a list of seven tokens that are primed for quick 5x gains as January 2024 approaches. Retik Finance (RETIK) is a notable competitor among them all, providing a special combination
Data from CryptoQuant reveals that miners’ bitcoin reserves hit a new low which was last seen in May after a wave of withdrawals this week, suggesting increasing selling pressure as Bitcoin achieves a gain of over 13% in December. Miner reserves are the total amount of coins kept in the
NEW YORK–(BUSINESS WIRE)–Having already named Bitcoin one of the firm’s “screaming buys” for 2024, VanEck is today sharing a number of other key updates around its views on digital assets and the growth in its global lineup of digital asset-linked funds. As the first ETF provider to file for a
The heated conversation that seems to never get settled in the crypto community is the age-long debate of whether Shiba Inu will ever reach $1.Analysts have thrown their weight into this discussion and their viewpoints are cogent and, hence should be adhered to. Shiba Inu (The hype of a lifetime)
In recent weeks, the cryptocurrency market has witnessed a resurgence in capital inflow, igniting renewed enthusiasm among investors. The surge in trading volumes and the attainment of annual highs by major cryptocurrencies have contributed to this newfound optimism.The focal point of this resurgence revolves around the anticipation of a spot
