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Search Results for: Ethereum

Altcoins Rally as Bitcoin Reaches Two-Year High of $50K

Today signifies a significant milestone in the crypto year 2024 as Bitcoin reaches a two-year high of $50,375, while Ethereum surges past $2,500. The global crypto market cap stands at an impressive $1.87 trillion, marking a 4.32% increase over the last day. Additionally, the total crypto market volume over the

February 13, 2024 3 mins read

MicroStrategy (MSTR) Soars 33% Weekly Amid Bitcoin Price Surge

Stocks in the cryptocurrency and mining sector were upbeat after Bitcoin’s two-year high of $50,363 on February 12th. Crypto-mining equities and MicroStrategy (MSTR) both had double-digit increases over the last week, which is similar to BTC’s 17.5% rise. In the last day, MSTR stock has climbed 11% to $719, and

February 13, 2024 1 min read

GameFi Token BEAM Surges to All-Time High. Should You Buy?

As Bitcoin (BTC) approaches its two-year high and the entire altcoin market shows upward trends, the leading GameFi cryptocurrency Beam (BEAM) hits an all-time high of $0.03014, with a 25% surge in the past 24 hours from $0.024. The bullish momentum for BEAM has been building since early December 2023,

February 13, 2024 1 min read

Polygon Could Lose Market Share to a New Competitor Priced at $0.11, Analysts Predict

The decentralised finance (DeFi) market is characterised by constant evolution and innovation, where established players face the ever-present risk of being surpassed by newer, more agile competitors. In this article, we delve into the emergence of Retik Finance (RETIK) as a potential disruptor to Polygon’s (MATIC) dominance in the DeFi

February 13, 2024 4 mins read

Bitcoin ETFs Could Push BTC Price to $112K in 2024: CryptoQuant

CryptoQuant, a company that provides on-chain data and analysis, has made a bullish prediction for bitcoin price in 2024. The company said that bitcoin price could hit $112,000 this year if the inflows from spot exchange-traded funds (ETFs) continue at the current rate. The company also said that the worst-case

February 12, 2024 2 mins read

Cardano Fund Inflows Explode 1,016% As ADA Eyes Crucial Breakout

Over the past week, investment products focused on Cardano (ADA) saw an unprecedented spike in inflows, vaulting over 1,000% higher week-over-week, according to CoinShares data. The report revealed $6.1 million has entered ADA funds lately as analysts simultaneously call for a decisive price breakout. Per the digital asset flow figures,

February 12, 2024 2 mins read

Solana’s Latest Phone Hits 100K Presale Milestone, Raises $45M

Solana Mobile, a subsidiary of Solana Labs that makes smartphones with crypto-specific features, has achieved a significant milestone for its second device. The company has received 100,000 pre-orders for its “chapter 2” phone, which will run on the Solana blockchain. This has secured $45 million for the development and production

February 12, 2024 2 mins read

Grayscale Analysts Debunk Bitcoin Halving Price Surge Predictions

In about two months, in the middle of April 2024, Bitcoin will see a significant update that will halve the reward given to miners for successfully completing a block. The occurrence, which is often referred to as a “halving,” is generally seen as positive for Bitcoin’s value because of the

February 12, 2024 1 min read

ERC-404 Tokens Hit by 26% Market Downturn Amid Gas Fee Surge

In the fast-paced world of cryptocurrency, the Ethereum network has witnessed a tumultuous 24 hours marked by soaring gas fees and a sharp decline in the ERC-404 sector. According to data from Coingecko, the overall market capitalization of ERC-404 tokens has plummeted by a staggering 26%, leaving investors reeling from

February 12, 2024 2 mins read