Author name: Peter

Bitcoin’s Longevity Examined by Market Strategist Gareth Soloway; Anticipates Gold Surge

Introduction The year-to-date performance of bitcoin (BTC), the leading digital currency by market cap, has been remarkable, with an increase of over 100%. This has sparked curiosity about the duration of its upward trajectory. Gareth Soloway, the head market strategist at inthemoneystocks.com, recently discussed the potential longevity of this rally and also touched upon the […]

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Bitcoin Retreats Below $35,000, Ethereum Rises Above $1,800

Bitcoin Falls Below $35,000 Again After briefly surpassing the $35,000 level on Wednesday, bitcoin has once again retreated below this mark during today's trading session. Despite the decline, the cryptocurrency continues to trade near its 18-month high on Thursday. Yesterday, bitcoin reached a high of $35,133.76 before dropping to an intraday low of $34,151.88 earlier

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The Crypto Fear and Greed Index Indicates Bullish Market Sentiments

As anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the U.S. grows, the price of bitcoin has been trading higher, reflecting a shift in investor moods. This week, the Crypto Fear and Greed Index (CFGI) entered the green zone, indicating positive market sentiments. Surge in Bitcoin Price The price of bitcoin has experienced

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Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery

The decentralized finance (defi) market has experienced a notable recovery as the total value locked (TVL) surpasses $40 billion. This milestone comes after the TVL remained below this level since mid-August. Furthermore, the top 100 defi coins by market capitalization are just shy of reaching the $50 billion mark. Defi Market Bounces Back as TVL

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Bitcoin Price Prediction: Experts Forecast BTC to Reach $87,000 by 2025

Bitcoin's Market Dominance and Potential Bitcoin (BTC), the leading cryptocurrency by market cap, has garnered significant attention in the digital currency realm due to its robustness and market dominance. Currently, its value hovers just below the $34,000 mark. As per the latest bitcoin price prediction report from finder.com, industry specialists provide insights into anticipated future

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North America Leads in Cryptocurrency Usage Despite Regulatory Uncertainty, Says Chainalysis

Institutional Crypto Activity Drives North America's Market According to a report by blockchain forensics firm Chainalysis, North America is the world's largest cryptocurrency market, with a value of approximately $1.2 trillion received on-chain between July 2022 and June 2023. This represents 24.4% of the global transaction activity during the studied period. The report also highlights

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Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial

Sam Bankman-Fried's Decision to Testify Former FTX chief Sam Bankman-Fried, popularly known as SBF, is set to testify in his ongoing trial. This decision was confirmed by his defense lawyer, Mark Cohen. Bankman-Fried's choice to take the witness stand comes after several witnesses have spoken against him in recent weeks. Facing Accusations: Bankman-Fried Asserts His

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The Rise and Fall of Bitcoin: $323 Million in Short Positions Liquidated

A Surge in Bitcoin's Value On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin's value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto

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