Bitcoin just claimed $100,000 for the first time this week, but analysts are already calling for the mark to double in a year. Here’s why. Not long after Bitcoin’s climb past $100,000, some analysts are predicting that the asset’s price could double in a year’s time. In a Thursday research note, Standard Chartered’s Global Head of
Decentralized finance (DeFi) cryptocurrency Cardano (ADA) has recorded an uptick in whale activity, a shift that remains key to helping the asset sustain its price above $1. The whales accumulated over 100 million ADA in the past 24 hours, coinciding with a period when the token attempted to stabilize around the $1.22 spot, according to data shared by
Given the historic run, investors are now wondering how far the rally has to go before President-elect Donald Trump regains a second term. This year’s crypto market rally continues to post impressive gains following a significant surge late Wednesday evening from the world’s largest digital asset. Bitcoin breached the vaunted $100,000 at 9:45 pm ET,
XRP performance over the past week and month is nothing short of spectacular, climbing 78.54% and 403.57%, respectively. With a market capitalization of $146.56 billion, the token priced at $2.56 at the time of publication has solidified itself as the third-largest cryptocurrency. This rally has been supported by several key factors, including rumors surrounding Ripple’s expanding ecosystem,
The cryptocurrency market experienced a significant wave of liquidations, totaling over $588 million in the past 24 hours, with XRP, Bitcoin, and Ethereum being the most affected. XRP’s price surge and subsequent correction led to over $69 million in liquidations, while Bitcoin and Ethereum saw $60 million and $57.94 million in losses, respectively. The market
Dec 4th, Panama – Gate.io, a global leader in cryptocurrency trading, has officially launched its groundbreaking ecosystem brand, MemeBox .This innovative platform is designed to be a key gateway for users worldwide to explore meme culture and engage in the Web3 economy. By combining blockchain technology with cultural innovation, MemeBox focuses on information integration, service optimization,
Roger Ver, the most prominent backer of the Bitcoin Cash (BCH) hard fork, has filed a motion to dismiss an indictment against him. As reported by Coindatacap Ver was arrested in Spain earlier this year after failing to pay roughly $50 million in taxes to the IRS. Despite trying to run away from Uncle Sam by
XRP is on an upward tear, with the cryptocurrency trading at its highest price level in about seven years while sustaining significant capital inflows. To put this momentum into perspective, in the last 24 hours, XRP has recorded an inflow of about $26 billion, bringing its market cap to $133 billion as of press time. This inflow
TeamCanguro The hottest trending memecoin right now. It gained massive popularity in now due to the meme’s iconic status on the internet and the growing trend of memecoins in the crypto space. Among the latest contenders making waves is TeamCanguro ($Canguro), a memecoin rapidly gaining traction across social media platforms. About TeamCanguro when I searched
As Bitcoin (BTC) hovers near the $100,000 mark, on-chain data indicates increased demand for the pioneer cryptocurrency, a move likely to act as a catalyst for achieving the six-figure valuation. Particularly, open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) has reached record-breaking levels, exceeding 40,000 contracts for the first time in history, according to data