The crypto markets are trending upwards in 2024, with Bitcoin currently trading around $65,000 with a total market capitalization surpassing $1.2 trillion. The global market cap hovers just above $2.6 trillion. Despite this remarkable growth, analysts warn that the ‘real’ bull run is yet to start and that we are
Bitcoin reserves held by crypto exchanges have hit record lows, according to data from CryptoQuant that goes all the way back to the beginning of 2021. Over the previous month, leading cryptocurrency exchanges have seen withdrawals totaling over 90,700 bitcoin, according to statistics compiled by CryptoQuant. Investors are removing their
Following a positive conclusion to Q1 2024, the top 10 meme coins have encountered increased selling pressure since the beginning of the new quarter, signaling a strong bearish reversal in the cryptocurrency industry for the meme coin category. Dogecoin, the leader of meme coins, has marked a 10% correction over
Users may now fund international Xoom transfers using PayPal USD (PYUSD), the company’s dedicated stablecoin linked to the U.S dollar. This is a new feature that Xoom, a PayPal cross-border money transfer service, has introduced. Xoom customers in the US will not be charged any transaction fees by PayPal when
Environmental organizations have long criticized Bitcoin and its proof-of-work system for using too much energy. With the use of an Ethereum Virtual Machine (EVM) and a mobile treasure hunt based on NFT that coincides with the mainnet launch, the new Bitcoin layer-2 staking network Social Network seeks to alter this.
Ripple (XRP), has been on a tumultuous path to reclaim the $1 mark, facing a series of speculations and legal challenges amidst the recent volatility in the crypto market. Currently trading at around $0.59, XRP requires a substantial 70% rally to reach its target, leaving investors and enthusiasts questioning whether
Amid the broader market correction, some altcoins are defying the prevailing downtrend. Arbitrum is trading in the green zone, with Arbitrum price predictions forecasting a major rally ahead. AGIX is also eyeing a rally, potentially charting towards the $1.60 mark, bolstered by a robust technical foundation and announcing the recent
In the dynamic realm of memecoins, where internet culture meets financial innovation, Shiba Inu (SHIB) has long been a dominant force, capturing the imagination of investors with its adorable canine mascot and fervent community. However, the landscape is evolving, and Shiba Inu (SHIB) now faces formidable challenges from rivals such
The cryptocurrency market has a storied history of creating significant wealth for early adopters and savvy investors. Polygon (MATIC), with its remarkable run in 2017, stands as a testament to this phenomenon, having turned many of its initial backers into millionaires. Today, the spotlight shifts to Option2Trade’s (O2T), which analysts
BEFE coin is one of the most popular meme coins within the cryptocurrency domain. It has recently gained notable traction as it recorded a surge in its price when Bitcoin touched an all-time high of $73,000. Moreover, the rise in BEFE coin seems to have curated a torrent of speculative
