Bitcoin has shown robust performance following a prolonged bearish phase, reaching a 25-day high of $64,994 recently, surpassing the $64,000 resistance level. Notably, earlier this month, it hit a five-month low of $53,485. Currently, Bitcoin is trading at $63,746.55, marking a 1.8% increase over the past 24 hours, accompanied by
Ethereum (ETH) is in a brief bullish swing. Over the past 24 hours, after a 4.71% spike, the second-largest cryptocurrency marked a high of $3,373. This surge comes alongside Bitcoin’s recoup of over 4% to $63.2K. ETH crossed the $3.3K threshold amid this week’s highly anticipated spot ETH ETFs (exchange-traded
The global crypto market has rebounded sharply, with the total market cap reaching $2.29 trillion, marking a 3.69% increase over the past day. Trading volume surged by 23.24% to $64.1 billion in the last 24 hours, dominated by stablecoins which accounted for $58.52 billion, constituting 91.29% of the total volume.
The South Korean ruling party, conservative People Power Party (PPP) is considering postponing the taxation of cryptocurrency investment gains with a 20 percent tax to January 2028. Cryptocurrency income taxation scheduled earlier in October 2021. As the tax law passed by the National Assembly during the former president, Moon Jae-in’s
The altcoin market is recovering from recent yearly lows, buoyed by positive market sentiment. Bitcoin has risen 6%, reaching a 13-day high and trading at $62,995.23. Ethereum is up 5%, hitting a 12-day high at $3,349.84. And, this bullish trend has brought memecoins back into the spotlight, with Ethereum-based memecoin
As the cryptocurrency world marks a pivotal moment, Ripple enthusiasts are commemorating the first anniversary of a significant legal triumph. Stuart Alderoty, Ripple’s Chief Legal Officer, recently shared reflections ahead of this milestone, highlighting the impact of Judge Torres’ Summary Judgment in the SEC v Ripple lawsuit. “At its core,
Ethereum (ETH), the largest altcoin, has had a slight revival above $3.1K with a spike of 2.76% in the last 24 hours. The highest weekly ETH price was at $3,164, and the lowest was $3,117. This surge was alongside Bitcoin’s spike of over 2% to $58.3K, creating excitement in the
The crypto market is in a bearish trend, and amid this downturn, the U.S. spot Bitcoin exchange-traded funds (ETFs) had a significant net inflow. While the German government has been going through a strong selling spree throughout this week, the spot Bitcoin ETFs in the U.S. witnessed significant accumulation. According
While the past weeks have been a bearish ride for altcoins, with many hitting yearly lows, XRP also faced a significant drop, reaching a 16-month low of $0.3823 a week ago. However, XRP has shown steady growth, breaking free from the bearish trend and reaching a 22-day high of $0.5021,
The global crypto market has been going through an extended bearish phase over the past few weeks. Over the last 24 hours, crypto traders liquidated nearly $151.5 million from the market. Notably, Ethereum (ETH) liquidations exceeded Bitcoin’s over the day. According to Coinglass data, Ethereum market recorded liquidations worth $49.78
