Both Bitcoin and Ethereum are trading above their respective maximum pain points. However, as the assets approach these critical price levels, traders may witness increased buying or selling pressures, influencing market sentiment.
The partnership between Unchained and UATX comes at a time when academic institutions are increasingly showing interest in the crypto sector.
Should the current trend mirroring Bitcoin’s on-chain activity in 2020 continue, it could have significant implications for its price trajectory.
Mt. Gox has around $9.2 billion worth of BTC to return to its former customers, and the deadline is October 31, 2024.
10x Research head Markus Thielen stated that inflation data for the month of May will be the crucial decision maker as to where is Bitcoin price heading from here.
Liquidations across centralized exchanges accounted for the entire $159 million loss. Binance, the world’s largest crypto exchange, suffered the most.
Despite the optimistic signs of re-accumulation and bullish sentiment, Glassnode highlights that the current bitcoin bull cycle appears to be more tempered compared to historical cycles.
Riot also pointed out that the merger would be advantageous for shareholders of both companies.
Despite the bullish predictions for the two top digital assets, it is meme coins that are witnessing a surge in market performance today.
The heightened energy demands have led to a sharp increase in electricity costs, a primary expense for Bitcoin mining operations.
During the meeting, Wood and Bukele discussed Bitcoin’s integration into capital markets, tax policies, and AI. The ARK CEO also walked through the exact numbers to Bukele explaining how they can reach the desired GDP target.
Bitcoin whales have remained largely inactive in the recent past compared to the top altcoins such as Ethereum, and Ripple-backed XRP.
The curriculum is tailored to address the currency state of BTC regulation and compliance and explore wealth management strategies specifically tailored for Bitcoin.
The recent approval of spot Ethereum (ETH) ETF has triggered an intensified crypto cash rotation from Bitcoin to the altcoin industry.
The recent Ethereum price dip appears to be a classic case of “buy the rumor, sell the fact” behavior. Experts forecasts that Ether price could jump by more than 60% soon, driven by growing interest from institutional investors in futures.