Today, Bitcoin’s (BTC) price is attempting a fresh surge above the $52,000 resistance mark, showing a 1.82% increase to trade at $52,295, with a market cap exceeding $1.02 trillion. This surge comes after Bitcoin rallied above $52,900 last week, marking its highest point in 26 months. Currently, BTC trading between
In the ever-evolving landscape of cryptocurrency, expert analysis, and predictions often play a significant role in shaping investor sentiment and market trends. One such analyst who gained widespread recognition for his accurate forecasts is the individual who accurately predicted Bitcoin’s fall at $69,000 in 2021. Now, as we navigate through
FixedFloat, a decentralized crypto exchange, has confirmed a hack that resulted in the theft of at least $26 million worth of Bitcoin and Ether. Since February 17, a number of users have complained on the exchange’s X page about stalled transactions and funds being lost. Shortly after it was originally
Coinbase is contributing $3.6 million to Bitcoin supporting non-profit Brink as it closes GiveCrypto, an organization that distributed cryptocurrency to those in need. The campaign was announced to be ending in December by the exchange, who said it had failed to have a lasting effect. Coinbase did not disclose how
The renowned financial educator and prominent author of “Rich Dad Poor Dad” Robert Kiyosaki has spoken out against the Federal Reserve of the U.S and yet again advocated for other potential investments including Bitcoin, gold, and silver. Because of his belief that the practices of the United States central bank
The approval of Bitcoin ETFs has caused them to gain a great deal of interest. When compared to other recently introduced ETFs, Blackrock’s performance stands head and shoulders above the competition, with the most assets under management and net inflows. Market players are now expecting bigger inflows this year due
A resolution prohibiting financial institutions in Honduras from dealing with cryptocurrency was issued by the National Banking and Securities Commission of Honduras (CNBS). Due to the lack of regulation, the Honduran central bank said that it is unable to guarantee cryptocurrency transactions. Users of blockchain-based financial services and cryptocurrencies may
Bitcoin whales have been increasing their holdings in recent weeks, as evidenced by data from Santiment showing a notable accumulation trend among wallets holding 1,000 to 10,000 BTC. These wallets have seen a rise in holdings from 24% to over 25%, with an upward trend beginning around January 22 and
The complexity of solving the mathematical equation connected with a block, which is a measure of Bitcoin’s mining difficulty, surpassed 80 trillion on Friday. With the mining difficulty hitting 81.73 trillion, the network hash rate—which measures the total processing power allocated by miners—rose to 562.81 EH/s, a new all-time high,
Recently, Bitcoin (BTC) has broken through the $52,000 barrier, fueled by sustained interest from institutional traders who continue to drive up demand for the cryptocurrency. The surge in Bitcoin’s price reflects a notable shift in investor sentiment, with a particular focus on call options set at high strike prices, indicating
