Bitcoin, the pioneer of cryptocurrencies, continues its impressive rally as it edges closer to the $69,000 mark, driven by a surge in market capitalization that surpasses $2 trillion. This monumental achievement reflects the growing confidence and adoption of digital assets, propelling Bitcoin to new all-time highs. Bitcoin’s market cap milestone The recent surge in Bitcoin’s…
Cryptocurrency
Gold ETFs down $2.4 billion in 2024 as BTC and this memecoin soak up liquidity
It’s 2024, and the investment landscape is undeniably shifting – traditional safe havens like gold ETFs are experiencing notable outflows in contrast to Bitcoin ETFs, which have seen a substantial increase in interest since their debut at the beginning of the year. This change suggests investors are exploring new territories, possibly looking for alternatives that…
Cryptocurrency
BTC hits $52k as halving draws closer: Should you buy more tokens now?
Key takeaways Bitcoin could be heading towards a new all-time high soon as it broke past the $52k mark for the first time since December 2021. The Bitcoin halving is only 66 days away and the market could provide numerous opportunities to investors. Bitcoin touches $52k for the first time in more than two years…
Cryptocurrency
Bitcoin ETF inflows surge, threatening gold’s reign as store-of-value
Bitcoin ETF inflows surge, threatening gold’s dominance. Divergence in fund flows: Bitcoin gains, gold loses. Bitcoin acts as a ‘risk-on’ investment and a safe-haven asset. In a seismic shift within the financial landscape, Bitcoin is rapidly gaining ground as a store-of-value asset, challenging its traditional counterpart, gold. Recent data reveals a substantial surge in spot…
Cryptocurrency
Worldcoin (WLD) and Bitcoin Dogs (0DOG) drive crypto surge amid market recovery
Worldcoin’s (WLD) price surged 192% in 7 days Worldcoin’s “World App” wallet hit 1 million daily active users amid regulatory challenges. Bitcoin Dogs presale collects over $2.2 million in five days. In the wake of Bitcoin’s recent resurgence, the cryptocurrency market has witnessed a compelling comeback, with Ethereum and altcoins following suit, with Worldcoin (WLD)…
Cryptocurrency
Honduras regulator bans institutions from trading crypto
Honduras’ banking regulator the National Banking and Securities Commission, or CNBS, has announced an immediate ban that prohibits institutions from trading crypto. The banking regulator reached the resolution on Monday and cites fraud and money laundering among reasons for the move, Reuters reported. Honduras’ National Banking and Securities Commission, or CNBS, has banned institutions under…
Cryptocurrency
Solana integrates Filecoin to boost its blockchain; Bitcoin Dogs gains momentum
Solana has partnered with Filecoin to boost its blockchain’s reliability and scalability. Bitcoin Dogs has raised over $1.7 million as the crypto community flock to the world’s first ICO on Bitcoin. Solana is looking to bolster its blockchain network with a key partnership with decentralized storage platform Filecoin. Meanwhile, Bitcoin Dogs is storming through its…
Cryptocurrency
Can Bitcoin (BTC) sustain its rally? Investors bet big on Rebel Satoshi (RBLZ) DEX launch
Analysts predict that Bitcoin (BTC) will continue trading above $50,000. Rebel Satoshi ($RBLZ) to launch on DEXes after concluding its presale. Investors are optimistic of $RBLZ performance after listing. Even as the best altcoins continue to suffer, the Bitcoin (BTC) price has rallied past $51k. Meanwhile, Rebel Satoshi ($RBLZ) has risen continually during its presale as investors…
Cryptocurrency
Bitcoin crosses $51K, S&P 500 sees record close; this EOS and Shiba Inu rival witness investor influx
The cryptocurrency market witnessed a significant surge as Bitcoin soared past the $51,000 mark, marking a staggering 19% gain for the week. This bullish momentum rippled across the financial landscape, with the S&P 500 also achieving a record close, breaching the 5,000 mark for the first time in history. Amidst this fervent activity, altcoins such…
Cryptocurrency
Bitcoin surpasses the $52k psychological level: Will it rally towards $60k soon?
TL;DR Bitcoin crossed the $52k mark on Wednesday and could be heading towards the next resistance around the $60k level. Bitcoin Dogs’ presale has already raised nearly $1 million within a few days, ushering in a new era of BRC-20 ICOs. The cryptocurrency market has been bullish since the start of the week, with Bitcoin…
