Category Archives: News

Cryptocurrency Analysis: Bitcoin’s Bullish Trends Clash with Upper Resistances In the world of cryptocurrency, Bitcoin is undeniably a giant. Its price, wavering around the $43,094 mark within the previous 24 hours, adds an exciting dynamism to the market. Its impressive 24-hour trading volume sits at $20.10 billion, indicating a strong flow of investment and transactions.Continue reading “Bitcoin Technical Analysis: Rising Trends Battle Upper Resistance Boundaries”

Speculations Surrounding Buterin’s Ethereum Transfer Worth $1 Million to Coinbase The exciting world of cryptocurrency never fails to produce its fair share of thrills and spills. The recent buzz in the cryptocurrency world has been around the Ethereum co-creator, Vitalik Buterin, who recently moved a cool half a thousand Ether (500 ETH) to none otherContinue reading “Speculation Ignites as Vitalik Buterin Moves $1 Million Ethereum to Coinbase”

Blackrock Conforms to the SEC’s Stance: Chooses Cash Creation for Bitcoin Spot ETF Global asset management leader, Blackrock, has recently decided to adhere to the U.S. Securities and Exchange Commission (SEC)’s preference for utilizing the cash creation model over the in-kind model concerning its spot Bitcoin (BTC) exchange-traded fund (ETF). This move showcases the company’sContinue reading “SEC’s Choice Triumphs: Blackrock Embraces Cash Model for Instant Bitcoin ETF”

Analysis of Ethereum’s Trading Performance Ethereum has been actively marking its dominance in the world of cryptocurrency with a notable price point of $2,250. The fluctuation observed within a 24-hour range from $2,151 to $2,271 speaks volumes about the intense market movement. Ethereum’s trading volume stands strong at $26.82 billion, while the market capitalization isContinue reading “Ethereum’s Strength Meets Oscillator Signals: A Deep-Dive Into ETH Technical Analysis”

A Comprehensive Look at Bitcoin’s Breakthrough above $42K Bitcoin gave a remarkable performance on December 4, 2023, bouncing between a low of $39,409 and a high of $42,155 within a single day. This is a soaring height that hasn’t been reached since the dramatic fall of Terra LUNA. The 24-hour trading brought the total marketContinue reading “Bitcoin Update: BTC Shatters $42K Barrier Amidst Bullish Upturn”

Global Instability Fuels Unprecedented Surge in Gold Prices Gold value is closing in on a historical peak this weekend at an astounding $2,071 an ounce, second only to the record-breaking high of $2,072.50 in 2020 during the Covid-19 crisis. This remarkable trend mirrors the unsettling global economic climate, with gold fast becoming the investment ofContinue reading “Gold Approaches Unprecedented Peak As Global Uncertainty Drives Value to $2,071 per Ounce”

How the Emergence of ETFs Could Affect Bitcoin Price and A Lone Miner’s One-In-A-Million Feat: A Summary of This Week’s Events The past week in the world of cryptocurrencies saw a mixture of several jolting updates and unprecedented surprises that solidified its position as the financial sector’s most enigmatic powerhouse. From the potential impact ofContinue reading “Prominent Figures Discuss ETFs’ Possible Influence on BTC Price, Solo Miner Snags Major Block Reward – A Comprehensive Week in Review”

A Dramatic Rise in NFT Sales with Bitcoin Taking Over Ethereum Outshining the previous month by a dramatic 129.01% surge, Non-fungible tokens (NFTs) sales lit up the month of November noticeably. Surprisingly, it was Bitcoin blockchain surpassing Ethereum in creating most NFTs for sales last month, causing a significant shift in the market trend. ThisContinue reading “November Sees Unprecedented NFT Sales Boom as Bitcoin Outperforms Ethereum in Market Spike”

Fulfilling Compliance With Crypto Regulations Doesn’t Equate Halt of Innovations: Insight From Zak Taher Zak Taher, the chief executive officer of Multibank.io, expressed his perception that the UAE stands as an alluring investment site for international digital asset enterprises because of its effective governance and the leadership flair of its individuals. Taher also underlines theContinue reading “Crypto Firms Must Balance Regulatory Compliance and Innovation, States Zak Taher”