Pnut (PNUT) crypto token soars over 100% ahead of U.S. election Jordan Major Cryptocurrency Nov 5, 2024 Share In a surreal twist to the meme coin frenzy, Pnut (PNUT)—Peanut the Squirrel’s own cryptocurrency token—has skyrocketed over 100% as it rallies around U.S. election hype and support from none other than Elon Musk. Currently trading at […]
Here’s how the market is pricing the US presidential elections today Vinicius Barbosa Finance Nov 5, 2024 Share The US presidential election has started today, on November 5, and the market is already pricing its outcome as over 70 million Americans are casting ballots in person to decide upon Donald Trump or Kamala Harris as […]
Michael Saylor, cofounder and former CEO of business software company MicroStrategy, has taken to his official account on the X social media platform (formerly known as Twitter) to share yet another Bitcoin-themed message with his army of followers. Saylor’s “Bitcoin Capitol” tweet Saylor publishes such Bitcoin-related tweets on a daily basis, and this time, he […]
Ethereum’s relationship with the S&P 500 hints ETH to hit $10,000 Paul L. Cryptocurrency Nov 5, 2024 Share Ethereum (ETH) has established a relationship with the S&P 500 index, a correlation that points to a record-high price target for the second-ranked cryptocurrency by market capitalization. In this case, Ethereum might be poised for a record […]
XRP or Stellar (XLM)? We asked ChatGPT-4o which crypto is a better buy for 2025 Jordan Major Cryptocurrency Nov 5, 2024 Share Choosing between XRP and Stellar (XLM) as potential investments for 2025 isn’t an easy task. Both tokens have carved out niches in cross-border payments, but their recent performance and unique characteristics could influence […]
As institutional interest in Bitcoin increases, technology giant Microsoft is also evaluating the BTC investment case. The National Center for Public Policy Research (NCPPR), which supports the BTC investment proposal, made important statements regarding this proposal. The NCPPR said that if Microsoft decides not to invest in Bitcoin and the BTC price increases, the company […]
The demand for yield-generating options in the Bitcoin ecosystem is on the rise, with over 15% of all Wrapped Bitcoin (WBTC) now staked on Ethereum. This surge reflects a significant shift as Bitcoin holders increasingly look to maximize returns through staking, mirroring trends observed with other cryptocurrencies that offer staking rewards. Over 15% of all […]
Bitcoin price is struggling below the $69,500 zone. BTC is showing signs of weakness and upsides might be capped near the $69,200 level. Bitcoin started a fresh decline from the $70,000 zone. The price is trading below $70,000 and the 100 hourly Simple moving average. There is a new connecting bearish trend line forming with […]
Bitcoin, often influenced by long-term holders’ (LTH) decisions, has witnessed significant selling activity among this investor group over the past week. While the reason behind the long-term holders offloading Bitcoin is not certain, the move appears to have impacted BTC, resulting in the recent correction in its price dropping below the $70,000 price mark. Bitcoin’s […]
Mt. Gox moved of over 32,000 BTC ($2.2 billion) to new wallet addresses in preparation for future sales. The ongoing repayment plan, now extended to October 31, 2025, involves significant bitcoin transfers which affect market volatility. Bitcoin (BTC) prices dropped early Tuesday as defunct crypto exchange Mt.Gox processed its largest transfer in months in preparation […]