Based on CoinMetrics’ findings, mounting an attack on Bitcoin could range from $5 billion to $20 billion, whereas targeting Ethereum would necessitate over $34 billion. A 51% attack arises when either a single miner or a collective group of miners manages over fifty percent of a blockchain network’s hash rate. In theory, this could empower […]
BTCUSD Soars through to the $50,000 price Level BTCUSD soars through multiple barriers, achieving a significant milestone by rising high above the much-anticipated $50,000 level. This accomplishment aligns with the price trend observed since the beginning of the previous year, signaling the market’s resilience in shedding perceived bearish pressure to sustain its bullish trajectory. BTCUSD […]
BTCUSD Powers through Several Barriers to $50,000 BTCUSD powers through multiple barriers, completing a noteworthy recovery to $47,000 and further surging to reach $50,000. In mid-January, Bitcoin initially embarked on this ascent towards $50,000 but encountered resistance, resulting in a rejection at $47,000. This setback triggered a rapid decline, driving the price to nearly $38,000 […]
MicroStrategy, a prominent player in the realm of business intelligence software, is set to undergo a significant transformation. The company has unveiled plans to rebrand itself as a Bitcoin development firm, capitalizing on its successful foray into the world of cryptocurrency investment. Michael Saylor, co-founder and executive chairman of MicroStrategy, emphasized the organic nature of […]
The Journey of Binance: From CZ to Teng Following the departure of its founder and CEO, Binance embarks on a new era under the leadership of Richard Teng, marking a pivotal moment for the platform and its investors. Drawing parallels with Uber’s transition from Travis Kalanick to Dara Khosrowshahi, we explore the implications of this […]
Institutional Bitcoin adoption has sparked a price surge toward the $50,000 mark. The increased activity in spot Bitcoin ETFs, notably Fidelity’s acquisition of 3,957 bitcoins and ARK 21Shares’ addition of 2,865 bitcoins, signals growing acceptance in traditional finance. The accumulation of over 6,800 bitcoins by institutional investors reflects a broader trend toward incorporating cryptocurrencies into […]
Crypto markets’ development concerns have intensified alongside the increasing uncertainty enveloping the banking and real estate sectors. As the latest wave of economic uncertainty grips markets worldwide, crypto markets are teetering on the brink. Amidst global layoffs, bank failures, and real estate market downturns, the macroeconomic forecast for the remainder of the year appears bleak. […]
BTCUSD Makes the Long-Awaited Rally Beyond $43,750 BTCUSD makes the much-anticipated rally, surpassing the crucial $43,750 level. After the market saw a dip in mid-January due to difficulties breaking through the $47,000 resistance, it continued to decline until late January, when it approached $38,000. However, a revival occurred at the lower channel border, initiating a […]
Bitcoin exchange-traded funds (ETFs) are swiftly becoming the preferred choice for investors seeking exposure to cryptocurrency without the complexities of direct ownership. In a remarkable surge, nine new spot bitcoin ETFs have debuted in the US over the past month, collectively amassing over 200,000 bitcoins, equivalent to a staggering $9.6 billion at current exchange rates. […]
