Tag: Cryptocurrency trends
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 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...
Bitcoin Price Prediction: Analyst Forecasts BTC to Reach $700,000
Bitcoin's price has been on a rollercoaster ride, with analysts predicting both short-term losses and long-term gains. Despite recent price drops, some experts remain bullish on the cryptocurrency's future potential.Willy Woo, an on-chain analyst,...
Coinbase Reports Strong Q2 Revenue of $1.45 Billion Despite Transaction Decline
Coinbase recently announced their strong second-quarter revenue of $1.45 billion, surpassing market expectations despite a decline in transaction revenue. This is a significant improvement compared to the same period last year when their total...
Top Cryptocurrencies to Keep an Eye on in August: Poodlana, Bitcoin, BOOK OF MEME...
As we head into August, the cryptocurrency market is abuzz with exciting developments and trends that are capturing the attention of investors. Three cryptocurrencies, in particular, are standing out for their potential to make...
Bitcoin Mining Difficulty Drop Similar to FTX Collapse, CryptoQuant Analysis
Bitcoin mining difficulty saw a significant drop of 7.8% on June 5, 2024, reaching levels not seen since before the halving event in April. This is the largest difficulty drop since the collapse of...
Diversifying Revenue: Bitcoin Miner Marathon Mines $15M Worth of Kaspa Tokens
Marathon Digital, a Bitcoin miner, has recently diversified its revenue streams by mining Kaspa tokens. Since September 2023, Marathon has mined a total of 93 million KAS tokens, which are currently valued at approximately...
Bitcoin Price Plunges Below $65k: Memeinator Trading on MEXC and Uniswap
Bitcoin Price Drops Below $65k as Memeinator Trading Begins on MEXC and UniswapBitcoin, the top cryptocurrency in terms of market cap, has experienced a decline in value this week, dropping below $65k. The price...
Evolution of Retail Bitcoin Investors: From ‘Dumb Money’ to ‘Smart Money’
Retail investors in the world of Bitcoin have come a long way in terms of their knowledge and sophistication. In the early days of cryptocurrency, these investors were often referred to as "dumb money"...