Tag: Cryptocurrency market analysis
DOJ Probe of Tether Dampens Crypto Rally Hopes
Cryptocurrency prices took a hit during U.S. afternoon hours on Friday following reports of a Department of Justice (DOJ) probe into stablecoin issuer Tether for potential violations of sanctions and anti-money laundering regulations. Stablecoins...
Solana Surpasses Ether and Bitcoin in Record-Breaking Rally Amid AI Memecoin Surge
Solana, a blockchain network, has been making headlines recently for outperforming both ether (ETH) and bitcoin (BTC) in terms of price performance. The surge in Solana's SOL token price has been fueled by the...
Bitcoin Price Prediction: $80K Target Unaffected by Trump or Harris Win
Bitcoin traders are optimistic that the cryptocurrency will reach new highs by the end of November, regardless of the outcome of the U.S. presidential election. Both Republican candidate Donald Trump and Democrat Kamala Harris...
HBAR Performance Update: CoinDesk 20 Index Drops 3.5% Since Monday
CoinDesk is a well-known media outlet that focuses on reporting news in the cryptocurrency industry. The journalists at CoinDesk follow strict editorial guidelines to maintain integrity and independence in their reporting.Recently, the HBAR performance...
Crypto ETFs Unlikely to Expand Beyond Bitcoin and Ether Under Kamala Harris
Several firms recently began seeking approval to create U.S. exchange-traded funds that track cryptocurrencies beyond the already-approved bitcoin (BTC) and ether (ETH) products. Those applications will probably go nowhere if Democratic Presidential nominee Kamala...
Bitcoin Price Surges Above $69K in Americas: First Mover Advantage for Bulls
Bitcoin's price surged above $69,000 in the Americas, marking a significant milestone for bulls in the crypto market. The initial spike in BTC's price led to a ripple effect across other digital assets, with...
European Cryptocurrency Market Set to Strengthen with MiCA Delistings
Since its inception in 2020, the European Union’s Markets in Crypto-Assets (MiCA) regulation has been a game-changer for the European crypto industry. MiCA has set new standards that are pushing companies to deliver better...
Bitcoin Demand Surges: Catalyst for $70K BTC Price Target
Bitcoin's demand has been on the rise, with many indicators suggesting that BTC could hit $70,000 soon. From technical market data to prediction market betting, there are several factors at play. Inflows into U.S....
Bitcoin Price Prediction: CIO Bullish on BTC, Expects Surge to $100K with ETF Growth
Bitcoin is on the rise, with Bitwise CIO Matt Hougan predicting that the cryptocurrency could surpass the $100,000 mark. This bullish sentiment is driven by a surge in ETF flows and growing institutional interest...
Bitcoin Breakout: Institutional Demand and Rising ETP Flows Signal Growth
Bitcoin is on the verge of a breakout, with institutional demand and increasing ETP flows indicating a surge in interest in the cryptocurrency. According to VanEck's latest report, the growing investment from institutions, rising...