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Launched in January 2023, Ordinals Protocol opened the Bitcoin ecosystem to the NFT craze. It allowed users to write data such as images, art, videos and more into individual Bitcoin units called satoshi.
May 16, 2024Leading trading firm QCP Capital expressed optimism about Bitcoin's price momentum, predicting a potential return to the $74,000 top.
May 16, 2024Although Ethereum is happy to exceed a critical level above $ 3,000, the second largest player in the market may face some ups and downs in the coming period. The price showed an immediate pullback trend, and if this unstable trend below $3,000 continues, Ether could face additional selling pressure. This situation may create uncertainties for both investors and the general situation of the cryptocurrency market.
May 16, 2024MicroStrategy CEO Michael Saylor, known for his Bitcoin advocacy, is once again on the agenda with his latest statement about the cryptocurrency. This time, Saylor unexpectedly describes Bitcoin as the "Memeification of Life", positioning it as the embodiment of a cultural phenomenon rather than just a digital asset.
May 16, 2024Ethereum price rebounded from the bottom near $2850. Behind this rise lies a buying spree of a mysterious wallet that collected a whopping 30,680 ETH in less than 24 hours. This amount is worth over $92 million. Such purchases by whales give important signals for the future course of the price movement of the crypto asset. We may see a strong rise in the coming weeks.
May 16, 2024Tron is one of the most well-known blockchain platforms in the world, founded by Justin Sun in 2017. Its mission is to create the infrastructure for a truly decentralized internet that allows users to create and distribute content without centralized intermediaries.
May 16, 2024Solana's native token, SOL, rose 13% in 24 hours after Robinhood Crypto announced a new staking product in Europe and marginfi introduced Solana's first Liquidity Layer.
May 16, 2024The cryptocurrency market saw a significant rise on Wednesday following weak economic data from the United States. This development led investors to take into account the possibility of interest rate cuts in the summer months and increased their interest in risky assets.
May 16, 2024The cryptocurrency market has been witnessing exciting developments recently. XRP was also included in the rising wave led by Bitcoin and Ethereum. In this article, we will examine the XRP/USD pair using technical analysis methods and evaluate its recent movements and future possibilities.
May 16, 2024Crypto markets were boosted on Wednesday after US inflation data came in lower than expected. This unexpected development pulled digital assets out of the recession that had been going on for weeks. Bitcoin (BTC) price surged above $66,000 for the first time since April 24, gaining over 7% in the last 24 hours. The leading altcoin Ethereum (ETH) lagged a bit behind this movement. ETH, which is traded around $ 3,000, increased by around 4% in the same period.
May 16, 2024A duo of Goldman Sachs Group alumni have founded Neoclassic Capital, a crypto-focused investment firm.
May 16, 2024Bitcoin (BTC) miners reduced their coin stocks ahead of the reward halving on April 19. This trend may soon start again as miner revenues tighten as blockchain usage becomes cheaper.
May 15, 2024The US government's Consumer Price Index (CPI) data revealed a lower increase in inflation in April than investors and economists had predicted. While this development delighted the cryptocurrency market, it also provided relief in traditional financial markets.
May 15, 2024The US Bitcoin (BTC) ETF market showed activity on May 14 after a week-long lull. According to data from Farside Investors, total net inflows reached $100.5 million, giving a positive sign. This activity was also positively reflected in the price of Bitcoin, with an increase of 0.5% in the last 24 hours.
May 15, 2024Interactive Brokers has taken a significant step towards global cryptocurrency adoption as it began offering cryptocurrency trading to UK investors. According to the company's press release, Interactive Brokers U.K. Limited (IBUK) customers will now be able to securely trade leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) through the Interactive Brokers platform. This move strengthens Interactive Brokers' presence in the cryptocurrency market as well as providing new opportunities for cryptocurrency investors in the UK.
May 15, 2024Galaxy Digital CEO Michael Novogratz thinks that the cryptocurrency market has struggled to make a significant jump recently and is currently in a "consolidation phase" that is hindering its growth. This situation reduces the possibility of Bitcoin experiencing a significant rise in the near future and prompts investors to wait for a while.
May 15, 2024The Ethereum Classic system announced the premium US dollar-backed stablecoin Classic USD, which was implemented in collaboration with a stablecoin issuer called Brale and web3 developers.
May 15, 2024The co-founders of Lido, the largest liquid staking protocol on Ethereum, are secretly funding a project that rivals EigenLayer, the popular “restake” service that has quickly emerged this year and become a major force in decentralized finance.
May 15, 2024