Tag: Cryptocurrency market
Bitcoin Volume Hits Record High After FTX Collapse: What It Means
Bitcoin trading volume surged to a record high following the collapse of major cryptocurrency exchange FTX. This development has raised questions about the future of the digital currency and what it means for investors.The...
Bitcoin Profitability Before and After Halving: A Detailed Analysis
Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin addresses in profit hit 100% before the halving but fell...
Coinbase and MicroStrategy Surge as Bitcoin Price Hits $59k – CoinJournal
Coinbase and MicroStrategy stocks have experienced a significant increase, rising by 6% and 7% respectively, as the price of Bitcoin surged above $59,000. This positive movement in the market on August 8th saw Coinbase...
Bitcoin Volatility Impact on Unrealized Profits and Strong Hands (STHs)
Bitcoin has been making headlines for its extreme volatility in recent months, with prices soaring to new highs and then plummeting just as quickly. This rollercoaster ride has left many investors wondering how it...
Analyzing MicroStrategy’s Success: Semler Scientific’s Bitcoin Strategy Shift
Semler Scientific recently made a significant shift in its investment strategy by converting much of its cash holdings to bitcoin. This decision came after Eric Semler, the company's chairman, became more actively involved in...
The Rise of Stablecoins: Exploring Their Growth and Impact
Stablecoins have become increasingly popular in the world of cryptocurrency, offering a more stable option compared to the volatile nature of traditional cryptocurrencies like Bitcoin. These digital assets are pegged to a stable asset,...
Solana Price Drops to $110 as $1 Billion in Crypto Liquidated – CoinJournal
Solana's price has taken a significant hit, dropping over 20% to trade near $110 as the crypto market experiences a tumultuous period. This decline has resulted in more than $1 billion in trading positions...
Bitcoin price plummets to six-month low amid macroeconomic uncertainty
Bitcoin's price has taken a significant hit, dropping to a six-month low of under $50,000 as investors flee from riskier assets in the face of macroeconomic uncertainty. This sudden plunge has sparked panic in...
Bitcoin Price Drops to $57k Amid Market Decline and Recession Concerns
Bitcoin's price has dropped to $57,040 as the market experiences a decline fueled by concerns of a global recession and escalating tensions in the Middle East. This marks an 8% decrease since the start...
Morgan Stanley Advisors Now Offering Bitcoin ETFs to Clients
Morgan Stanley, a major Wall Street bank, has made a significant move by allowing its financial advisors to offer Bitcoin exchange-traded funds (ETFs) to its clients. This decision allows over 15,000 financial advisors at...