Tag: Market trends
Northern Data Revenue Decreased to €77.5M, Mined 2,298 BTC in 2023
Northern Data Group experienced a decrease in revenue, with a reported net revenue of €77.5 million for the fiscal year 2023, compared to €193.3 million in 2022. The company's total income also saw a...
Wall Street Calls for Buying Dip in Gold-backed Tokens
Gold-backed cryptocurrencies have taken a hit as the price of gold experienced a significant drop, sparking speculation about Trump's tariff tactics. Despite this, experts on Wall Street are urging investors to consider this dip...
Crypto Market Anticipates Renewed Bullish Trend Post $10B Options Expiry
It's that time again when discussions about activity in the crypto derivatives take precedence. On Friday at 08:00 UTC, bitcoin (BTC) options worth $6.68 billion and ether (ETH) options worth $3.5 billion are set...
NVIDIA Makes History as 12th S&P 500 Leader
NVIDIA has recently made history by becoming the 12th company to lead the S&P 500 index. This achievement is a significant milestone for the tech giant, as it now boasts a market cap of...
Ether Price Surges Above $3.5K Before ETH ETF Trading, Inflow Worries Persist
Ether (ETH) saw a significant price increase, surpassing $3,500 as anticipation builds for the launch of U.S.-based spot exchange-traded funds (ETFs). However, concerns linger regarding the potential impact of Grayscale's $9 billion ETH Trust...
Bitcoin Price Surges with BlackRock ETF Breaking Records in 2024
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...
Traders Shorting Bitcoin as BTC Price Reaches Record High
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...
Is Donald Trump Protecting Bitcoin from Tech Stock Decline?
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 Thrives Amid Market Trends: Growth Outlook for 2024
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...
Ethereum Price Analysis: Impending Breakout After Consolidation?
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...














