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Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation

Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst ConsolidationEthereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour ETH/USD chart reveals critical support at $3,411 and resistance at $3,565. Ethereum’s price has been oscillating within these boundaries, with noticeable volume spikes at pivotal […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum

Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish MomentumOn Monday, bitcoin’s price stands at $67,463 per unit, within an intraday 24-hour range of $65,833 to $68,486. The leading crypto asset boasts an overall market capitalization of $1.33 trillion and a 24-hour trade volume of $31 billion. Bitcoin Bitcoin’s 1-hour chart indicates a recent peak at $68,486, followed by a downward correction. The current […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth

Stablecoin Market Expands by 4M in 7 Days, Led by Paypal’s PYUSD GrowthWhile the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million. Stablecoin Economy Grows as Bitcoin and Ethereum Prices Rise Bitcoin and ethereum […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest

1M Flows Into Bitcoin ETFs, Led by Blackrock and Ark InvestU.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $117 million. Bitcoin ETFs Attract Inflows as IBIT and ARKB Lead the Charge The week began with seven out of 11 spot bitcoin ETFs receiving $301.04 […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally

Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season RallyThe landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoin’s dominance escalating, it diminishes the likelihood of a resurgence altcoin run-ups. On June 20, the X account ‘Altcoin Sherpa’ highlighted two prerequisites for an ‘Altcoin Season’ to emerge. Crypto Analyst Altcoin Sherpa Foresees Challenging Times for Altcoins The […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly

Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching  Trillion MonthlyAccording to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $100 billion to $1 trillion per month. Data Highlights Explosive Growth in Monthly Stablecoin Transfers In recent years, stablecoin assets have gained significant importance. On June 20, 2024, the market capitalization of all stablecoins […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects

Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV ProjectsCrypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their lower barriers to understanding and participation. Tokens with High FDV Face Limited Price Discovery Opportunities […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Bitcoin Must Hit $84,740 to Match Silver’s Market Cap, Over $800,000 to Surpass Gold

Bitcoin Must Hit ,740 to Match Silver’s Market Cap, Over 0,000 to Surpass GoldBitcoin has climbed past $70,000 and is now the world’s ninth-largest asset by market capitalization, among many publicly traded companies and precious metals. Despite overtaking silver’s market value in March, the leading cryptocurrency must reach $84,740 per coin to match silver’s current $1.67 trillion valuation. Bitcoin Is Now in 9th Place Among the World’s Largest […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Top Defi Tokens See Double-Digit Gains as Ethereum Soars

Top Defi Tokens See Double-Digit Gains as Ethereum SoarsAmid ethereum’s value increase, the decentralized finance (defi) ecosystem has significantly benefited from ether’s double-digit growth. Leading defi tokens by market capitalization rose by 14.8% over the past day, and the total value locked (TVL) in defi exceeded $100 billion in the last 24 hours. Defi Protocols and Tokens Benefit From Ethereum’s Meteoric Rise The […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge

Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving SurgeBitcoin’s ascent past the $72,000 mark has elevated its market capitalization beyond the combined worth of all the world’s silver. The cryptocurrency has seen a 52.7% increase in value relative to the U.S. dollar over the past month, with 41.1% of this uptick occurring within a mere two weeks. Bitcoin Retakes the 8th Largest Asset […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases