Moreover, even in a year that many stocks doubled and tripled their historical average yearly returns, leading cryptocurrencies delivered gains of over 100% for the year. With several years of operation behind them, landmark wins against SEC regulators in US court, and even Wall Street ETFs for two of them, …
Altcoins include all the other Internet currencies secured by cryptographic blockchains, in addition to Bitcoin, which is a seminal and first-in-class cryptocurrency. Their currency market exchange rates can vary with as much volatility as BTC and tend to track along with Bitcoin’s price. In fact, big rallies for BTC tend …
For the past two years, Bitcoin has come roaring back from 2022’s crypto winter. It was a tough one-year correction cycle, complete with a rash of cash crunches and liquidations of some big names in blockchain. The crash was so devastating that a few Web3 founders who broke the law …
Several base-layer blockchain cryptocurrencies that compete with Ethereum—because they are optimized for smart contracts and open-source currency issuance—rallied further up their price charts than ETH during the US election rally. Even Bitcoin gains beat Ether’s on this turn of the markets. For the 30 days ending Friday, Nov. 22, Bitcoin’s price …
The recent U.S. elections campaign brought surprises and drama on multiple fronts, even before the results came through. However, one standout trend emerged as an outlier: crypto has moved from the fringes to the heart of the electoral stage. Moreover, the community has become a key demographic, heavily courted throughout …
The first week of November 2024 will surely go down in crypto history. Up until this point, we saw multiple institutions, asset managers, and even smaller countries endorse Bitcoin. We have the likes of BlackRock, Fidelity, VanEck, multiple billionaires, celebrities, and countless others show their support for the cryptocurrency industry. …
The world’s leading cryptocurrency has traded in a sideways channel ever since the early 2024 Bitcoin ETF rally. Market bulls started it in earnest in October as a result of premature reports that SEC approvals were around the corner. After that, BTC went from $27,000 on Oct. 14 to an …
For the week ending Aug. 17, Bitcoin price continued its shaky action, even as low consumer inflation signaled an upcoming dollar supply glut and the S&P 500 Index rallied. The latest U.S. consumer inflation readout gave the Fed more ammo to justify a big rate cut in September. That’s bullish …
