Tag: Digital Currency

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Bitcoin’s Realized Market Cap Surpasses $600 Billion

Bitcoin has reached a significant milestone as its realized market cap surpasses $600 billion, demonstrating the continued growth and value of the digital asset. The realized cap, which values different parts of the Bitcoin...
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Bitcoin Price Hits Record High Over $63K Amid Trump Assassination Attempt

Bitcoin's price surged to a record high of over $63,000 after news of a failed assassination attempt against former US president Donald Trump. The cryptocurrency reached a multi-week high of $62,980, with experts attributing...
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Bitcoin’s Profitability: 97.9% Success Rate on 4,954 Days

Bitcoin has been proving its profitability over and over again since its inception, with a success rate of 97.9% on 4,954 trading days. This statistic, based on Glassnode data, showcases the consistent upward trend...
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Bitcoin Decouples from US Stocks Amid Supply Challenges

Bitcoin has been facing a significant price drop, plummeting over 20% from its June highs above $70,000. This decline comes as Bitcoin decouples from surging US equities, with the 90-day correlation coefficient between Bitcoin...
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SocGen’s Euro Stablecoin Shifts to Solana Blockchain for Improved Performance

SG Forge, a subsidiary of Societe Generale, is making a strategic move by shifting its euro stablecoin, EUR CoinVertible (EURCV), to the Solana blockchain. This decision comes after the initial launch of EURCV on...
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Bitcoin Price Must Break $50,000 for Rally

Bitcoin experienced a flash crash on July 4 and 5, leading to a 30% drop from its all-time highs. Despite a slight recovery over the weekend, the world's most valuable coin, BTC, remains in...
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Ferrari Expands Crypto Payment Scheme to Europe After US Debut – CoinJournal

Ferrari, the luxury sports car company, has announced that it will be expanding its crypto payment scheme to Europe by the end of July. This decision comes after the successful launch of Ferrari's crypto...
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Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks Bitcoin Price Struggles Near $67,000 Amid...

Bitcoin struggled to maintain its price near $67,000 as the overall crypto market remained stagnant. The leading cryptocurrency has been trading sideways after failing to sustain upward momentum earlier in the week. Investor confidence...
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Bitcoin ETF Outflows Continue for Third Consecutive Trading Day: $145.9M Withdrawn

Bitcoin ETF outflows have continued for the third consecutive trading day, with a total of $145.9 million withdrawn. This trend is significant as it marks the fifth outflow in the past six trading days,...
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Bitcoin Price Drops Below $100K After Trudeau Responds to Trump’s Tariffs

Bitcoin's value has plummeted below $100,000 for the third consecutive day, marking a significant downturn in the cryptocurrency market. This drop comes in response to escalating trade tensions between the United States and its...