The last twenty-four hours in the volatile world of cryptocurrency have been a whirlwind following the unexpected resignation of CZ Binance, the renowned figure and CEO of the largest exchange, Binance. His departure comes hand-in-hand with a staggering $4 billion settlement between United States agencies, shaking the global market capitalization,
Javier Milei has secured victory in Argentina’s presidential race, setting the stage for a potential economic transformation in the country. Known for his outspoken support of Bitcoin and sharp criticism of traditional central banking systems, Milei’s win has sparked optimism in the cryptocurrency market. Following the announcement, Bitcoin displayed an
According to Santiment, Bitcoin’s price supremacy has returned—at least for the time being-and it has begun to surpass other cryptocurrencies. After a successful month, most altcoins are facing steep correction. Santiment also mentioned that Bitcoin’s NVT ratio had significantly improved. This statistic acts as a vital signal for traders. It’s
An updated application for a spot Bitcoin ETF has been submitted by WisdomTree. Prominent ETF analyst James Seyffart has said that this modification is normal yet crucial in the multi-stage process of ETF approval. That indicates Wisdom Tree is in constant touch with the U.S SEC about its application to
Bitcoin enthusiasts witnessed a stirring moment in the market as the leading cryptocurrency, by market capitalization, surged to new 18-month high of $37,904, tantalizingly close to breaching the $38,000 mark in recent hours. After a prolonged lull, the Bitcoin bulls made a notable comeback, propelling a remarkable 33% surge in
Binance’s CEO, Changpeng Zhao (CZ), thinks Bitcoin mining is the most outstanding business model ever. This observation came as news surfaced that miners were raking in record amounts of money from block rewards and transaction fees, with some days seeing earnings of over $44 million. This number exceeded the April
Bitcoin, the leading cryptocurrency by market cap, is currently stirring concern as bearish signals emerge. Despite hitting an eighteen-month high of $38,012, it has faced significant price volatility over the past three days. Presently, BTC is trading at $36,559, marking a two percent decline in the last 24 hours. Data
This year has seen a three-fold surge in the total number of crypto wallet addresses holding more than $1 million in Bitcoin. BitInfoCharts reports that the number of addresses holding in excess of $1 million dollars in BTC has increased by 237% from January 1 (when there were 23,795) to
This year, the number of cryptocurrency wallet addresses with over $1 million in Bitcoin has increased by more than a factor of three. According to statistics compiled by BitInfoCharts, the number of addresses holding more than $1 million in BTC has climbed from 23,795 on January 1 to 81,925 at
In the finance sector, Jim Cramer, a popular television personality and financial analyst, is typically noted for his aggressive market forecasts. When Jim Cramer predicts the direction of digital assets or equities, a phenomenon that has been jokingly dubbed “Cramer’s curse” often follows. A curious pattern has evolved where the
