As 2024 drew to a close, the cryptocurrency market achieved remarkable success, culminating with a record-high market capitalization of $3.91 trillion in December. This growth marked a significant rebound for a sector that had experienced volatility in previous years. According to a recent analysis by Binance Research, the catalyst for this bullish trend was primarily
Crypto
Over the recent weekend, Bitcoin has shown considerable stability, trading within a narrow band between $94,000 and $95,000. This marked the cryptocurrency’s attempt to maintain a foothold after a tumultuous week that saw significant price fluctuations. While Bitcoin’s inactivity contrasts sharply with the dynamism observed in the altcoin sector, it raises questions about market sentiment
In recent years, the rise of cryptocurrencies has not been without its share of dangers. While digital currencies promise revolutionary changes in finance and ownership, they also bring along an unwanted byproduct: crime. A chilling incident involving a Canadian crypto moderator demonstrates not only the peril that enthusiasts face but also the growing trend of
The ongoing legal tussle between former pharmaceutical executive Martin Shkreli and the NFT collective PleasrDAO highlights the complexities and contentious nature of ownership in the evolving landscape of digital assets. Shkreli, notoriously known for his controversial and often abrasive demeanor, has once again found himself at the center of a legal storm due to his
The cryptocurrency market has recently been characterized by substantial downturns. With prominent assets such as SUI plummeting into red territory and others like BNB and DOGE registering minimal gains, one might assume that the entire sector is on a downward trajectory. However, amid this unfavorable backdrop, Ripple’s native token, XRP, has emerged as a significant
The year 2024 marked a transformative phase for the cryptocurrency ecosystem, characterized by the phenomenal ascendance of Binance, a leading centralized exchange. Capturing an impressive 39% market share, Binance has solidified its position as a trailblazer in the sector. An end-of-year analysis reveals that the exchange not only achieved remarkable growth but also set new
Recent developments in the cryptocurrency landscape reflect a significant shift in attitudes among U.S. financial advisors. Following Donald Trump’s return to the political spotlight with the 2024 election, a survey conducted by Bitwise indicates an increased optimism towards crypto investments. This article delves into the survey’s findings, reveals the underlying trends, and explores the implications
The cryptocurrency market experienced a tumultuous week that left many investors on edge. Initially, Bitcoin (BTC) charged past the $102,000 mark, prompting a sense of optimism among traders. However, this euphoria was short-lived, as BTC plummeted by over $10,000 within just 48 hours, hitting multi-week lows that sent ripples across the altcoin landscape. Notably, popular
In a notable advancement for the cryptocurrency sector, Nevada’s CleanSpark has surpassed 10,000 BTC in its treasury, signaling substantial growth within the Bitcoin mining landscape. This impressive figure is attributed entirely to its operations based in the United States, embodying a strategic commitment to local resources. The boost in holdings represents an extraordinary year-over-year increase
Shiba Inu’s latest reward token, TREAT, is set to be launched on January 14, 2025, igniting a wave of enthusiasm within the cryptocurrency community. This token has been strategically designed to function as a reward mechanism within the Shiba Inu ecosystem, and it aims to enhance liquidity for the forthcoming SHI stablecoin. The excitement surrounding
