Bitcoin, the king of crypto, has recently taken a tumble, heading towards the $66,736 level. This dip comes after a period of strong growth that saw Bitcoin’s price soar past this mark. Now, the big question is: can Bitcoin recover and climb back up? Bitcoin’s Recent Price Action: What’s the Story? Looking at the charts,…
The Bitcoin world is buzzing with excitement as the Bitcoin 2024 conference in Nashville approaches. This year’s event is expected to be huge, even bigger than the 2021 conference where El Salvador announced they were adopting Bitcoin as legal tender. The main reason for the hype? Donald Trump, the leading US presidential candidate, is scheduled…
Dogecoin, the popular meme coin, is experiencing a surge in interest from traders. The recent price jump has led to a significant increase in open interest, which basically means more people are betting on Dogecoin’s future. Dogecoin’s Price Rise Sparks Trader Interest Dogecoin’s price hit a 34-day high on July 20th, and since then, the…
If Donald Trump wins the 2024 election, there’s a lot of speculation about who he’ll choose to be his Treasury Secretary. Two names keep popping up: Jamie Dimon, CEO of JPMorgan Chase, and Larry Fink, CEO of BlackRock. Larry Fink: Crypto-Friendly? Larry Fink is the chairman of BlackRock, the world’s biggest asset management company. He’s…
Bitcoin ETFs are booming! The total amount of Bitcoin held by these funds has just crossed a massive milestone: 900,000 BTC! That’s over 4% of the total Bitcoin supply, and it’s a huge sign that investors are really starting to believe in Bitcoin. A Big Milestone for Bitcoin ETFs This huge amount of Bitcoin is…
This week is shaping up to be a major one for the crypto world, with several key events that could significantly impact Bitcoin, Ethereum, and other cryptocurrencies. Trump’s Bitcoin Speech? The Bitcoin 2024 conference in Nashville is attracting a lot of attention this year, especially because former President Donald Trump is scheduled to give a…
Trading bot altcoin Banana Gun (BANANA) is on fire after Binance, the world’s biggest crypto exchange, announced it would be listing the token. Binance says BANANA, which operates across multiple blockchains like Solana, Ethereum, and layer-2 protocols, is a bit riskier than other coins on its platform. They’ve slapped a “seed tag” on it, meaning…
Bitcoin is looking like a good deal right now, according to analysts at ARK Invest. They say that several key indicators are pointing to a healthy market for Bitcoin, even after a recent price drop. Deep Value for Short-Term Holders One indicator, the “sell-side risk ratio” for short-term holders, is currently in a “deep value”…
Citigroup, a major US bank, is facing a hefty $135.6 million fine from regulators for failing to fix long-standing issues with its risk management, compliance, data handling, and internal controls. Citigroup’s Repeated Failures This isn’t the first time Citigroup has been in hot water for these issues. Back in 2020, regulators flagged deficiencies and the…
Bitcoin’s price took a tumble on Sunday after President Biden announced he’s bowing out of the 2024 presidential race. The news sent BTC plummeting from $67,453 to $65,884 in a matter of seconds. It eventually recovered slightly, settling around $66,893. This latest price swing comes after a recent rally fueled by former President Trump’s support…
