Tag: Market trends

Bitcoin saw a significant surge on Wednesday, reaching a record high of $76,481, marking its fourth-best day of the year. This increase followed the U.S. presidential election victory of Donald Trump, who expressed support...

Bitcoin {BTC} hit a new all-time high above $110,000 on Thursday, causing around $500 million worth of derivatives positions to be liquidated. However, despite this bullish move, some traders remain skeptical. Trading volume surged...

Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their...

Ethereum staking has been on the rise in 2024, defying market trends and showing robust growth. Despite the challenges faced by the asset's price, over 60% of Ethereum stakers are currently in profit. This...

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...

RNDR, a cryptocurrency, has taken the lead in the CoinDesk 20 Performance Update with an impressive gain of 12%. This news comes as a positive development for investors and enthusiasts in the cryptocurrency industry.CoinDesk,...

Bitcoin and other cryptocurrencies are becoming more appealing to institutional investors, according to a recent report by brokerage firm Bernstein. The report suggests that there is still significant potential for institutional adoption of Bitcoin...

US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...

Bitcoin's price recently fell below $59,000 due to concerns about potential sell pressure from Mt. Gox repayments and potential miner sales. This drop also affected other major cryptocurrencies such as ether and Solana's SOL....

Following the recent announcement regarding the distribution of over 140,000 Bitcoin (BTC) from the defunct Mt. Gox exchange, the cryptocurrency market experienced a significant decline. Bitcoin fell below key support levels, causing concern among...