Hong Kong, renowned as a global financial hub, is gearing up to make a significant stride in the digital assets sector. Reports suggest that the city is on the brink of endorsing exchange-traded funds (ETFs) directly linked to Bitcoin and Ethereum. This development is anticipated to breathe new life into the crypto market, particularly in […]
Daily Active Users (DAUs) serve as a pivotal metric for assessing the vitality and expansion of blockchain networks. Similar to customers for traditional enterprises, a high DAU count signifies a thriving ecosystem, attracting developers and users and fostering a cycle of growth and innovation. In this overview, we delve into the top blockchains by DAUs […]
For many cryptocurrency investors, Bitcoin remains a top choice. However, the convenience of direct Bitcoin purchases comes at a cost—fees. Fee structures vary across platforms, prompting investors to seek out options with the most favourable rates to maximize long-term profitability. In this guide, we’ll explore Bitcoin fees and pinpoint the platforms offering crypto purchases at […]
Michael Saylor’s tweet sparks bullish sentiment for Bitcoin. In a recent tweet, Michael Saylor, CEO of MicroStrategy and prominent Bitcoin advocate, shed light on the symbolic meaning of laser eyes, reassuring the BTC community amidst a price dip from $72,700. Saylor emphasized that laser eyes represent genuine support for Bitcoin, opposing critics like Peter Schiff. […]
BTCUSD is Poised to Continue Rising with a Bullish Structure BTCUSD is poised for a bullish continuation, having recently formed a pennant structure. The cryptocurrency is currently exhibiting one of its most robust bullish trends. Since its ascent from the $16,500 demand level in January of the previous year, Bitcoin has experienced an impressive surge, […]
Brad Garlinghouse, the CEO of Ripple, has made a bold prediction that the cryptocurrency market will hit a massive $5 trillion market capitalization by the end of 2024. This forecast, if realized, would represent a doubling of the current market cap within just nine months, indicating a potentially transformative shift in the financial landscape. Since […]
Bitcoin hasn’t witnessed trading volumes of this magnitude since Q1 and Q2 of 2021. According to a report from crypto data analytics platform Kaiko, the first quarter of 2024 marked Bitcoin’s third strongest performance in the last three years, with trading volumes surpassing $1.4 trillion between January and March. A Spike in Bitcoin’s Trade VolumeIn […]
Starting April 18, Binance’s NFT marketplace will discontinue its support for trading and depositing Bitcoin Ordinals. Binance is gradually reducing its backing for Bitcoin nonfungible tokens (NFTs) shortly after their introduction to its marketplace. In an April 4 blog post, Binance revealed plans to “simplify product offerings” on the Binance NFT platform. As a result, […]
More drama continues to unfold in this week’s list of trending coins and the crypto market as a whole. Some coins have been able to retain their spot from last week. Meanwhile, some newly launched coins have also gathered considerable attention, even as we close in on the Bitcoin Halving event. Let’s further study each […]
