Meme coin mania is in full swing as the new trading week begins. Among the Ethereum-based tokens gaining traction, Smog (SMOG) is catching investors’ attention alongside the surge in prices of Pepe (PEPE) and Floki (FLOKI). The speculative mania surrounding the sector has propelled these tokens into the spotlight. PEPE Regains Momentum After Weekend Pullback …
Monthly archives: March 2024
As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines
Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others have diminished in value compared to the U.S. dollar, even as bitcoin celebrates fresh price milestones. Mining Stocks Tumble on Nasdaq Nasdaq-listed bitcoin (BTC) miners …
Continue reading “As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines”
Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise
Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well received in the marketplace and upsized to a total of $800 million in aggregate principal amount,” the company …
Bitcoin’s Climbing Value Outshines Global Silver Market in Historic Pre-Halving Surge
Bitcoin’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 …
Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024
Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26 megahash per second (MH/s) to the network, with the mining pool Foundry USA at the forefront, delivering 204.41 EH/s. Bitcoin Edges Closer to Zettahash …
Continue reading “Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024”
Ethereum Technical Analysis: ETH Secures Position Above $4,000 Following Key Resistance
On March 11, ethereum’s price action painted a bullish picture, closing at $4,053 after touching a low of $3,800. With oscillators signaling mixed sentiments and moving averages strongly favoring buyers, the digital currency showcased a strong performance amidst a trading volume of $27.57 billion. Ethereum Ethereum’s (ETH) journey on March 11 marked a significant upturn, …
BlackRock CEO Larry Fink Says Bitcoin ‘Great Potential Long-Term Store of Value’ if You’re Fearful of Government
The CEO of the world’s largest asset manager says he sees Bitcoin (BTC) as a worthy long-term store-of-value asset. In a new interview on FOX circulating on the social media platform X, BlackRock CEO Larry Fink says there are a number of potential use cases for the flagship cryptocurrency, including cross-border transactions and a hedge …
Bitcoin Price Smashes Through All-Time High, Surpassing $72,200 – Here’s What’s Next According to PlanB and Willy Woo
After several test runs, Bitcoin (BTC) has officially smashed through its all-time high and is now threatening to leave previous prices in the dust. As a new week begins, the crypto king jumped to as high as $72,211 before dipping to $71,996 at time of publishing. The move has fundamental and technical analysts gauging what’s next. …
Analyst Sees Ethereum Gaming Altcoin Gunning for Highs, Says One Solana-Based Coin To Do Big Numbers in 2024
A closely followed crypto strategist thinks that an altcoin flying under the radar is gearing up to revisit its all-time high. Pseudonymous analyst Altcoin Sherpa tells his 211,000 followers on the social media platform X that the native asset of the blockchain-based game Heroes of Mavia (MAVIA) looks poised for a rally toward its record …
Why You Need to Think about Selecting an Essay Service
When you want a much better essay writing experience, you should search for an article service which may supply you with excellent and initial ideas. There are a good deal of different explanations for why somebody would have to employ a writing support. The very first reason why a fantastic service will probably be good …
Continue reading “Why You Need to Think about Selecting an Essay Service”
Bitcoin leverage above $66k wiped out creating new floor for higher price discovery
Recent data on Bitcoin liquidations and leverage levels indicates unique price discovery activity as longs and shorts have been swept from the market. Much of the leveraged positions were shaken out last week as Bitcoin saw volatile price actions around the US market open. The liquidation chart from CoinGlass below highlights how trading activity on …
Bitcoin holders rejoice as value breaks unprecedented $71,000 milestone marking new ATH
Bitcoin’s price is trading above $71,000 for the first time in its history after increasing by more than 2% during the past day. Over the weekend, Bitcoin largely hovered around the $68,000 mark. However, during the early Asian trading hours today, it surpassed the $70,000 threshold and quickly surged to above $71,500. This rapid ascent …
Bitcoin Technical Analysis: Oscillators and Averages Signal Strong Upward Momentum
Bitcoin’s price on Monday, March 11, 2024, shows a bullish trend is undeniably in the air. The day unfurled with bitcoin dancing between $67,785 and $71,837, revealing a bullish sentiment amidst traders. This swing is underpinned by a robust market capitalization of $1.4 trillion, with a notable 24-hour trading volume of $48.50 billion. Bitcoin Our …
LBank Labs and BlockNews Host Web3 Summit Dubai 2024 with DIFC and DMCC as Official Partners
The highly anticipated “Web3 Summit Dubai 2024” is scheduled to take place on April 16th-17th, 2024, at the prestigious Atlantis, The Palm hotel in Dubai. This summit marks a significant milestone in the realms of cryptocurrency and financial technology, promising a profound exploration of the future of technology and collaborative industry efforts. Situated on the …
Bitcoin Pushes Past $71,000 to Make a New All-Time High
Bitcoin’s price has reached a new all-time high, surpassing the $71,000 mark with the rally still in progress. Over a period of six days, the world’s leading cryptocurrency has seen a more than 40% increase in value, bringing it close to surpassing the $72,000 threshold. The milestone comes approximately 39 days before the anticipated Bitcoin …
Continue reading “Bitcoin Pushes Past $71,000 to Make a New All-Time High”