“We are not bulled up enough about Ethereum,” said former UBS bond trader and Etherealize founder Vivek Raman on Jan. 29. It has been more than a week since Donald Trump’s inauguration, and the “entire Ethereum ecosystem has been reborn,” he added, referring to the recent leadership shakeup at the Ethereum Foundation. Ethereum now has […]
Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent a few hours in the five-figure territory, finding solid support from which to bounce. On Jan. 28, analyst ‘Rekt Capital’ said that Bitcoin had completed […]
Crypto markets are deep in the red this Monday morning in Asia, and key economic data from the US this week could rattle them further. Markets reacted positively following Donald Trump’s inauguration last week, with a new all-time high for Bitcoin on Jan. 20, but things appear to be unraveling at the moment. President Trump also […]
Since the United States presidential inauguration, overall bitcoin spot demand growth has slowed considerably. Spot demand growth is needed for BTC’s price to rally again; however, the metric has yet to make a comeback. A CryptoQuant report revealed that despite the lack of such an increase, large BTC investors have entered a reaccumulation phase and […]
Digital assets went on a highly volatile ride on Monday morning, with BTC dumping from $106,000 to under $100,000 only to bounce off and register a new all-time high hours later at over $109,000. All eyes will be on Donald Trump’s inauguration on Jan. 20 while traditional markets in the United States remain closed for […]
The highly volatile rollercoaster in the cryptocurrency market continues in full force as BTC added roughly ten grand within hours and skyrocketed to a new all-time high of just shy of $110,000. This comes just hours before the president-elect, Donald Trump, is inaugurated and returns to office. BTCUSD. Source: TradingView It has been a wild […]
Crypto markets spent the past week in retreat, with more than $300 billion leaving the digital asset sector. The weekend traded flat, but there was a minor spike in activity and a subsequent price correction on Monday morning in Asia. Moreover, several key inflation reports are due in the US this week, which could impact […]
The rapid evolution of quantum computing could pose significant threats to Bitcoin’s ecosystem according to CryptoQuant. A new analysis by the platform revealed two critical areas that could be targeted are – mining and private key security. Bitcoin’s Dual Vulnerabilities Bitcoin miners rely on a nonce and the SHA-256 hash function to secure the network […]
Bitcoin prices have slumped back into five-figure territory, with the asset hitting an intraday low of $95,164 during early trading in Asia on Wednesday following a fall of almost 6% in 12 hours, according to CoinGecko. On Tuesday, Jan. 7, the asset topped $102,000 after gaining 10% over the past week. However, most of those […]
For context, Bitcoin returned a yield in average crypto exchange prices of 210% from Nov. 1, 2023, to a historical record high level above $108,000 on Dec. 16, according to data compiled by CoinMarketCap. Compare that to US stocks’ performance over the same time period, and the original and most secure cryptocurrency massively over-indexed for […]