A recent survey conducted by OKX has revealed that 63% of respondents believe that Ethereum (ETH) will reach $5,000 by the end of 2023. The survey also found that 83% of participant expect more ETH to be staked in the next three months. Wu Blockchain, a popular cryptocurrency analyst, tweeted the results of the survey … Read more
Bitcoin’s rally in the first quarter of 2021 has reached a key trading point of $28,000, but the cryptocurrency’s advance has stalled, according to analysts. Over the last three weeks of trading, Bitcoin has been trading within 15 percent of a key trendline, its average price over the past 30 days, in what is being … Read more
This year, Russia has become the world’s second-largest cryptocurrency mining country, according to Bitriver, Russia’s largest bitcoin mining provider. The United States remains by far the world’s largest crypto miner, boasting 3-4 gigawatts of mining capacity, but Russia’s generating capacity reached 1 gigawatt in January-March 2023. In taking second place for the first time, Russia … Read more
Bitcoin’s Biggest Bull Case – As per our readers’ demand and comments, we are publishing this article. If you want to know about Bitcoin’s Biggest Bull Case, continue reading and learn more. Bitcoin’s Biggest Bull Case Bitcoin’s biggest bull case appears to be its potential as a safe-haven asset for investors during times of economic … Read more
MicroStrategy is continuing to scoop up bitcoin, spending $29.3 million at an average price of $28,016 per bitcoin since March 24. The company or its subsidiaries now owns 140,000 bitcoins (BTC) as of April 4, according to an SEC filing. This isn’t a novel purchase. MicroStrategy bought 6,455 BTC over the last few weeks, and … Read more
Cash App Creator Bob Lee Death – As per our readers’ demand and comments, we are publishing this article. If you want to know about Cash App Creator Bob Lee Death, continue reading and learn more. Cash App Creator Bob Lee Death Bob Lee, the creator of Cash App and Chief Product Officer of cryptocurrency company MobileCoin, … Read more
The crypto market experienced a downturn as investors responded to weak economic indicators from China, including an unexpected fall in the China Caixin Manufacturing PMI. Ripple’s Chief Legal Officer, Stuart Alderoty, criticized SEC Chair Gary Gensler for labeling all cryptos, except BTC, as securities, saying that “words have consequences, even for unelected senior bureaucrats.” ETH … Read more
Bitcoin is on the verge of a bearish turn, according to a leading crypto analytics firm. Santiment says five indicators are flashing warning signs, even though the king crypto is making moves closer to the $30,000 price level. According to Santiment, the trading volume is cooling off, there’s been a decrease in market dominance, the … Read more
The S&P 500 surged higher on Wednesday, extending the recent rally that has pushed the benchmark index to record highs. The index was up 1.4% in afternoon trading, with all 11 sectors in positive territory. The rally was broad-based, with all 500 stocks in the S&P 500 trading higher. The S&P 500 rallied today, extending … Read more
The UK government has abandoned plans to launch a non-fungible token (NFT) through the Royal Mint, following months of criticism from the opposition Labour party. The government has confirmed that the proposal to launch a NFT through the Royal Mint is being abandoned, with economic secretary Andrew Griffith stating that the Mint will keep the … Read more
