Month: January 2024

When Will Bitcoin Price Reach All-Time-High In a recent video, Kevin Stevenson, a prominent crypto analyst and YouTuber, discussed Bitcoin’s current price trends and expressed optimism about a new all-time high in the upcoming months. Stevenson’s Forecast Stevenson discussed Bitcoin’s recent sideways movement, highlighting the absence of lower lows since December as a positive indicator….

UMA, the native token of the Universal Market Access Protocol, has attracted considerable interest among cryptocurrency investors, thanks to its impressive performance in a volatile market. In the last four days, UMA’s price surged by 212%, reaching an impressive 20-month high at $6.73. This significant uptick signals a clear departure from an extended accumulation phase,…

Brad Garlinghouse, Ripple’s CEO, hints at potential US bank adoption of XRP. Blockchain expert Ben Armstrong sees this as pivotal for XRP’s success. Despite a two-year legal battle with the SEC, a 2023 ruling by Judge Analisa Torres classifies XRP as a non-security, providing legal clarity and aligning with Ripple’s vision for global expansion and…

In 2024, Bitcoin (BTC) maintains a prominent role in the digital currency market. This article explores buying Bitcoin with a card, offering insights into Bitcoin’s nature and its investment outlook for the year. The guide outlines actionable steps for acquiring Bitcoin, serving as a valuable resource for both new and experienced cryptocurrency investors. Let’s delve…

Criticism persists due to Solana’s heavy reliance on intensive transaction validation, yet the ecosystem presents distinctive opportunities for bandwidth-intensive DApps like token launches, NFT collections, games, and social networks. Let’s explore how these ecosystem activities impact the price of Solana. The Performance of SOL in the Solana Ecosystem According to CryptoSlam, Solana has become the…

Ethereum scaling trailblazer Arbitrum unveiled the Arbitrum Orbit expansion program on January 19, 2024. This initiative aims to revolutionize Ethereum-based chains, offering a self-service avenue for creating Layer 2 (L2) and Layer 3 (L3) Solutions. The program’s core principles are flexibility and innovation, featuring a permissionless profit-sharing model. Insights into the Arbitrum Orbit Expansion Program…

ARK Invest’s Director of Digital Assets, Yassine Elmandjra, announced a historic milestone as Bitcoin’s hash power surged to 500 exahashes per second, showcasing the cryptocurrency’s resilience. Elmandjra highlighted this achievement by drawing comparisons, emphasizing the vast computational operations performed by the Bitcoin network. To grasp the enormity of Bitcoin’s hash power, if every person contributed…

Following a challenging phase involving legal obstacles and leadership changes, Binance experienced a notable surge in funds. Since reaching a settlement with US regulatory bodies on November 21, where it admitted to charges such as money laundering and sanctions evasion, the platform has observed a significant influx of $4.6 billion in net inflows, as reported…

Cardano (ADA), a prominent smart contract blockchain with a Total Value Locked (TVL) surpassing $335 million, is capturing the interest of crypto investors. Its dynamic ecosystem includes ADA and web3 tokens available on leading exchanges such as Binance Holdings and Coinbase Global. Notably, Cardano stands out for its strong liquidity, exemplified by ADA and its…

Bitcoin (BTC) experienced a notable 4.5% decrease, reaching a one-month low of $40,800 on Thursday. This decline corresponds with the overall trend seen in the CoinDesk 20 Index, reflecting a 4.6% drop in the past 24 hours. Approved Bitcoin ETFs and Their Impact After the approval of the latest spot Bitcoin ETFs on January 11,…