Bitcoin (BTC), whose supply is more than 90 percent in circulation, has an inflation rate of more than 10 percent. The number of copies currently in circulation has dropped drastically, falling by more than 90 percent. This sudden decline is surprising and shocking. It has seen a large drop in prevalence throughout the past few…
In the past few months, the U.S. market has been the primary factor determining the price of bitcoin. More promotional activity and more price fluctuation in bitcoin were observed throughout the US trading day. Bitcoin’s incredible 2% increase during Asia-Pacific trading hours today looks even more incredible in light of this new information. On the…
The trading price of Enjin (ENJ) has recorded a strong boost in a single trading day. The data shows that the trading price ENJ has surged by 20% in a single day, which is a massive push. It is quite remarkable for an asset to experience a push that is as much as 20% in…
The second-largest meme coin in the crypto-verse, Shiba Inu (SHIB) has been becoming an attractive asset for the bulls. The meme coin has been enjoying solid support from investors. The bears have been trying to pull the trading price of SHIB below $0.00001210 but the bulls are still confident. They want to go for high…
There was a time when only Dogecoin (DOGE) was the meme coin that the particular segment within the crypto industry had to offer. For the record, it was back in 2013 when Dogecoin was launched as a joke for the entire crypto industry. Even the developer of Dogecoin had no idea what his protocol was…
Mike Novogratz’s Bitcoin Prediction While attending a conference arranged by The Bank of America, Mike Novogratz, CEO of Galaxy Digital, predicted Bitcoin’s price in the near future. He stated that before the end of Q1 of 2023, Bitcoin would reach the milestone of US$30,000. Novogratz has a habit of making predictions about the trading price…
In the past 24 hours, the price of Shiba Inu has taken a significant dip, falling by 7.5% to reach. Despite this recent setback, the cryptocurrency has shown resilience and remained positive. Over the course of the past week, it has experienced a slight increase of 1% and in the last 30 days, it has…
The community of the Shiba Inu meme coin, SHIB, is determined to reduce the coin supply. They work hard to destroy more SHIB coins daily to boost scarcity and value. However, some users have yet to move their tokens from exchanges to the burn address set by the team. Despite this setback, SHIB fans remain…
According to data from CoinGecko, Bitcoin was under pressure once more on Thursday morning, as the leading crypto sank to a low of four weeks at $22,408 briefly. But, it had climbed back up once more at the time of writing to a value of $22,715, still below the $23,000 mark. Price action This latest…
According to a report published on Monday, there is more optimism amongst investors where the digital asset market is concerned and they are now investing more cash into crypto funds than earlier. On Monday, CoinShares said that the previous week had seen an inflow of $76 million in crypto funds, which makes it the fourth…
Over the weekend, the price of Bitcoin dropped below the $23,000 mark, as investors were still digesting the US nonfarm payrolls data. This week, the focus is on the speeches that will be delivered by some policymakers of the Federal Reserve. Bitcoin’s drop Early Monday morning, there was a drop in the price of Bitcoin…
Survey of Institutional Investors of Bitcoin A survey on the future of Bitcoin has been compiled by Nickel Digital Asset Management with the cooperation of Pureprofile. The findings of the survey, which were published on 26th January 2023, revealed institutional investors’ expectations of Bitcoin. While Nickel was responsible for determining the findings of the survey,…
As the year 2023 began and the crypto market started to show signs of a recovery, all eyes were on the major cryptocurrencies. The crypto communities wanted to know how well the major cryptocurrencies were going to perform in a bullish trend after a long winter. Aptos has come out of nowhere Just when most…
The year 2021 has been the best year for the entire cryptocurrency industry. No matter the segment or the sector, every aspect of the crypto industry was thriving and was making a lot of progress. Even the mining sector, especially Bitcoin mining had become extremely profitable for the mining centers. The 2021 bull run was…
Tether, commonly known as USDT, the largest stablecoin in the entire crypto-verse by market valuation has earned a new achievement. The stablecoin’s trading volume has surpassed the likes of two major online payment services giants in the year 2022. The two major payment services giants being referred to are Visa and Mastercard. $18.2 Trillion Worth…
In recent trading sessions, both Bitcoin and Ethereum have demonstrated somewhat similar trends. This is because just like Bitcoin, the price of Ethereum has recorded a consolidation. ETH Price has consolidated The data shows that in the recent trading sessions, the trading price of ETH has consolidated. The price of ETH had been surging higher…
Things seem to be getting worse for the so-called ‘Ethereum Killer’, as data from CoinGecko showed that Solana lost another 17% within a 24-hour duration, extending previous declines. Due to these continuous declines, the coin of the layer-1 blockchain platform has dropped out of the top 20 crypto in the market according to their market…
Global Crypto Economy Shrinkage Up To $1.5 Trillion About a year ago now, the crypto economy could easily be evaluated at a whooping value of $2.334 Trillion. However, from 20th December 2021 till 20th December 2022, the economy lost roughly $1.5 Trillion. Today, the global crypto economy is resting at a value which is less…
Last week crypto market slid and resultantly Bitcoin lost entire gains and above all its value declined. It is expected that the price may decline further because there is a negative impact stemming from the global outlook. Global Market Conditions Worsening Bitcoin’s value decline came when central bank officials made statements of continuing strict economic…
Against all odds, and contrary to what the majority predicted, the crypto industry continues to slowly move upward while keeping intact recent-past gains. Momentum seems to be prolonging in crypto markets which is ultimately keeping intact the bullish sentiment. Slow but Steady Bitcoin Moving Upward On Wednesday, 14th December, the trading day ended at a…
