Bitcoin (BTC) has experienced a significant milestone as its price surged above $46,000 for the first time since its debut trade in January. This bullish move comes after a challenging start to 2024, where Bitcoin faced a decline despite the introduction of several exchange-traded funds (ETFs) aimed at strengthening its institutional legitimacy. In this article,
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Ethereum (ETH) has been enjoying a period of consolidation above the $2,400 level after a steady increase in price. Traders and investors are now closely watching for a breakout above the crucial $2,460 resistance level, which could potentially trigger a major upward move for the cryptocurrency. Consolidation Phase Currently, Ethereum is trading above $2,400 and
Bitcoin has recently shown significant upward momentum, breaking through several key resistance levels. With the price currently above $45,500, it seems that the rally may continue towards the $48,000 resistance level. In this article, we will analyze the current market situation and explore the potential scenarios for Bitcoin’s price movement. The bulls gained strength and
The recently published report by the Bank of International Settlements (BIS) sheds light on the potential risks and challenges that an unregulated metaverse could pose to the digital economy. BIS warns of the possibility of fragmentation and domination by powerful private firms within future virtual environments. To counter this threat, the report advocates for the
The recent drop in the price of Bittensor token (TAO) has left TAO holders in panic, raising concerns about a potential crash. This article aims to analyze the current price trends of TAO and explore whether Meme Kombat, a newer meme coin, presents a more promising investment opportunity. Despite the downside movement in TAO price,
Bitcoin (BTC) has recently experienced a surge in price, riding the wave of the current bull market and gaining fresh momentum. After weeks of sluggishness, the leading cryptocurrency asset has started to show promising gains. Crypto analysts are predicting even more potential gains for Bitcoin in the coming days. One cryptocurrency expert from Cheeky Crypto
The Bank for International Settlements (BIS) has recently released a report that sounds a cautionary note regarding the metaverse, highlighting the risk of fragmentation and dominance by private firms within this emerging digital ecosystem. The BIS emphasizes the need for public policies to safeguard the future of the metaverse, warning that without strategic oversight, the
Bitcoin price is gaining momentum as it surpasses key resistance levels. After breaking above the $44,000 resistance, BTC is now eyeing the next hurdle at $44,800. If this level is cleared, Bitcoin could continue its upward movement in the near term. Bitcoin price started its upward journey by surpassing the $43,400 and $43,500 resistance levels.
In its latest “State of Crypto Report,” Coinbase, a leading cryptocurrency exchange, emphasizes the potential of blockchain technology to save American consumers billions of dollars. The report highlights growing frustration among Americans with the current financial system, particularly regarding fees. By utilizing blockchain technology, consumers could have collectively saved a minimum of $74 billion in
In a recent S-1 filing, Ark Invest and 21Shares have amended their joint application for a spot Ethereum exchange-traded fund (ETF). The filing highlights that authorized participants will only have access to cash creations and redemptions, excluding in-kind involvement with ETH. This deviation from the process observed in recent spot Bitcoin ETF approvals has prompted