Bitcoin continues to command investor attention with its price settling at $93,574, supported by a market capitalization of $1.85 trillion. In the past 24 hours, the cryptocurrency has traded between $88,499 and $94,510 on a robust volume of $58.72 billion, underscoring heightened activity and trader interest across various timeframes. Bitcoin Bitcoin‘s technical indicators from the…
Bitcoin exchange-traded funds (ETFs) in the U.S. just had their biggest day of inflows in nearly three months, and investors are loving it. According to data from Farside Investors, U.S.-listed Bitcoin ETFs brought in $381.3 million on April 21, and $912.7 million on April 22. Bitcoin ETFs stats That’s the biggest single-day inflow since January…
The crypto market experienced significant liquidations, totaling around $599 million, or around ₱33.8 billion, in the past 24 hours. $BTC topped the list with $3.35 million in liquidations, followed by $ETH at $1.2 million. Among the meme coins, $DOGE recorded $1.59 million in liquidations, $1000PEPE had $997,000, and $PEPE saw $395,000. Altcoins like $XRP and…
Main Takeaways:- SHIB approached a key support level, with a 17x rise predicted by expert CryptoELITES. Shiba Inu’s open interest increased sharply by 43% in 2 weeks, indicating increased bullish sentiment. SHIB token reserves on exchanges dropped to all-time lows, indicating a potential supply constraint. Massive 17x Rally Ahead? Analyst Bullish on SHIB’s Current Position…
Bitcoin ( BTC) has reclaimed the $94,000 price level, rising 6.2% in the last 24 hours and 12.9% over the past week. This increase reflects a positive shift in market sentiment as the top cryptocurrency continues to attract attention from investors as digital gold. The recent price movement underscores bitcoin’s appeal amid fluctuations in other…
Since the emergence of blockchain technology, we have witnessed many use cases and adoption across different traditional industries, leading to transformation. One of the best-known use cases of blockchain is in finance. Because of this technology, cryptocurrencies exist, which are used for trading, remittances, and even decentralized applications. Another blockchain use case in finance is…
Major digital assets climbed along with stocks on Tuesday, based on expectations that trade disputes between the U.S. and China could see relief. What Happened: Bitcoin fueled the rally, crossing the $93,000 mark for the first time since the beginning of March. The wider market joined the rally, with Ethereum, which was earlier resistant to…
Financial Times reports Cantor Fitzgerald, Softbank and Tether are putting the finishing touches on a $3 billion bitcoin acquisition vehicle aimed at harnessing the cryptocurrency’s renewed vitality under the Trump administration. FT Sources Detail Trio’s Push to Corner Bitcoin Spearheaded by Brandon Lutnick—son of U.S. Commerce Secretary Howard Lutnick—the project seeks to echo Strategy’s (formerly…
Generative artificial intelligence, popularly known as generative AI, is a technology in which a bot can produce human-like conversations, images, and other content. It can learn from the human it is talking to. Since its emergence, the public has learned to use it for research, answering confusing questions, solving coding problems, and generating content for…
A former SEC chair has warned that while bitcoin may endure as a form of digital gold, the majority of other crypto tokens are likely to collapse. Bitcoin Has Staying Power, Most Crypto Tokens Don’t, Says Former SEC Head Gary Gensler, former chairman of the U.S. Securities and Exchange Commission (SEC) who exited the agency…
