Due to President Nicolás Maduro’s broken election promises leading to fresh US sanctions in 2023, Venezuela is turning to cryptocurrencies as a solution to cope with economic hardships. According to Reuters, sources close to the matter revealed that PDVSA, the national oil company, is exploring crypto for exporting oil and crude to circumvent challenges. PDVSA … Read more
XRP, supported by Ripple Labs, showed signs of growth among top altcoins as Bitcoin‘s price momentarily surpassed $67,000 in the previous 24 hours. Based on current market information, XRP was priced at around 55 cents during early trading in London on Tuesday. This represented a nearly 3% increase from the previous day. With a fully … Read more
After the fourth Bitcoin halving occurred last week, the mining rewards have been cut in half, resulting in a significant decrease in miner earnings. Nevertheless, PayPal has put forth an enticing new plan to encourage Bitcoin miners who utilize eco-friendly energy sources. The objective is to make it financially beneficial for Bitcoin miners to adopt … Read more
a meme coin craze. Many investors suffered significant financial losses when they invested in quirky dog and cat-themed, or simply bizarre, tokens that failed to deliver on promises of impressive returns, leaving them feeling disappointed and financially bruised. Solana Stampede: A Frenzy Of Frivolous Finance Spurred on by social media excitement and the anxiety of … Read more
Geoff Kendrick, the digital assets research leader at Standard Chartered, has once again expressed confidence in Bitcoin reaching $150,000 by year-end, despite market instability and geopolitical pressures. In an extensive conversation with BNN Bloomberg, Kendrick emphasized the influential factors of ETF investments and impending halving occurrences shaping Bitcoin’s value. Why Bitcoin Is Set For A … Read more
BNB price is attempting a fresh increase from the $550 zone. The price cleared the $600 resistance and might extend its increase above $630. BNB price started a fresh increase after it cleared the $550 resistance zone. The price is now trading above $580 and the 100 simple moving average (4 hours). There is a … Read more
A new assessment presents an optimistic outlook for Bitcoin‘s future, assuming a moderate growth rate. According to Michael Sullivan on X, Bitcoin may surge to an astounding $245,000 in the next five years if it only manages a 30% annual increase. Bitcoin Projections: From Conservative To Exponential Growth The investigation examines different ways Bitcoin could … Read more
The price of Ethereum is picking up speed and surpassing the $3,120 mark, which previously acted as a resistance. Ethereum may persist in its upward trend unless it records a daily closing below $3,030. Ethereum extended its increase above the $3,150 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. … Read more
The price of Bitcoin continued to rise and surpassed the $66,000 mark, indicating a positive trend for BTC. It may encounter buying interest around the $65,500 level. Bitcoin gained pace for a move above the $65,500 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a key … Read more
The Glassnode co-founders’ official account on X (previously Twitter), named Negentropic, has expressed optimistic views regarding the cryptocurrency market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections Based on their assessment, the cryptocurrency market, aside from the top 10, referred to as “Others,” is exhibiting robust upward momentum and may continue to … Read more