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Tether, the company behind the world’s leading stablecoin USDT, has been making significant strides in the Bitcoin accumulation race. A recent acquisition of 8,889 BTC has bolstered their reserves to over 75,000 BTC, valued at more than $5.3 billion. This move highlights Tether’s evolving strategy, venturing beyond its core stablecoin business and embracing diversification and…
The highly anticipated Bitcoin halving event looms large just 20 days away in April 2024. As the countdown intensifies, Bitcoin (BTC) has exhibited encouraging signs with a recent price surge. At press time, BTC is trading around $69,500, boasting a market cap of $1.366 trillion. Strong Breakout Paves the Way for Halving Crypto analyst Rekt…
Avalanche (AVAX), a popular smart contracts platform, has experienced a price correction in the past 24 hours. While the long-term outlook remains positive, technical indicators suggest a potential for further dips before a potential rebound. Recent Price Drop and Momentum Divergence AVAX’s price dropped from $65.39 to $56.89 within the last day, reflecting a 12.9%…
VeChain (VET), a blockchain platform designed for supply chain management and enterprise solutions, could be on the cusp of a significant price increase, according to prominent crypto analyst EGRAG CRYPTO. EGRAG CRYPTO, known for his bullish stance on VeChain, has identified a technical pattern suggesting a potential surge towards $1.6 in the long term. This…
Ripple, the blockchain payments company behind the XRP token, is riding a wave of positive developments despite ongoing legal challenges from the U.S. Securities and Exchange Commission (SEC). Recently, Ripple was awarded the prestigious 2024 Best Cross-Border Payment Platform award, solidifying its position as a leader in the FinTech space. This recognition comes amidst a…
Bitcoin (BTC), the undisputed king of cryptocurrencies, has encountered a wave of volatility after scaling its all-time high of $73,797.68 last week. The flagship digital asset has shed nearly 13% since then, with analysts at JPMorgan Chase & Co. predicting a potential for further decline. Amidst this market jitters, Michael Saylor, the vocal Bitcoin bull…
The once buoyant cryptocurrency market has hit a snag, with Bitcoin (BTC) and Ethereum (ETH) experiencing a notable price dip alongside other digital assets. This recent downturn can be attributed to a confluence of factors, including shifting market sentiment, evolving monetary policy stances, and heightened activity in the crypto derivatives market. Waning Optimism and JP…
In a surprising turn of events, the price of XRP defied expectations today, March 18th, by climbing upwards despite a significant sell-off by a major whale. This positive movement comes amidst a broader cryptocurrency market recovery following a recent correction. Whale Makes Waves with Large XRP Transfer News broke yesterday regarding a substantial XRP transfer…
The cryptocurrency market witnessed a significant correction on March 15th, with leading assets like Bitcoin (BTC), Ethereum (ETH), and Ripple’s XRP (XRP) experiencing notable price drops. Bitcoin Tumbles with Bearish Signals: Also Read: Bitcoin Plunges 7%: Mass Liquidations and Drying Up of ETF Inflows Signal Bearish Shift Ethereum Feels the Heat: XRP Faces Volatile Future:…
Bitcoin (BTC) experienced a significant price drop on March 15th, shedding over 8% from its all-time high. This sudden plunge comes amidst a wave of liquidations and a concerning decline in exchange-traded fund (ETF) inflows. Heavy Liquidations Signal Bearish Shift The crypto market witnessed a dramatic shift in sentiment on Thursday. Bitcoin’s price plummeted by…