market

That’s because the global cryptocurrency market just reached its all time high! Its market capitalization recently passed $3 trillion in total value during the morning trading on May 1. Bitcoin is still at the heart of this boom and largely responsible for its valuation, representing almost $2 trillion of that...

Crypto-related hacks, exploits, and scams caused a cumulative loss of $364 million in April, per a report released last week by CertiK. This amounts to an appalling 1,163% increase over the $28.8 million we lost in March. Though there were notable successful asset recoveries, the sum of those figures illustrates...

April's crypto bloodbath – a staggering $364 million vanished! – begs the question: are we witnessing the Wild West of finance, or is this a symptom of a system desperately crying out for adult supervision? A 1,163% increase over March – that’s not simply a rough month at the office,...

Ripple’s CEO Brad Garlinghouse expects the current crypto market to explode big time. He conservatively assumes its value will double and surpass $5 trillion by the end of 2024. Garlinghouse pointed to the recent approval of U.S. spot Bitcoin exchange-traded funds (ETFs) as a key driver for forecasted growth. He...

Bitcoin’s price action continues to hold above the $95,000 level, although altcoins are starting to show much better upside momentum. Tuesday ended with Bitcoin just under $95,500 after touching an intraday high of around 1% increase in price and hitting resistance there. Latest data underscores the inflow frenzy into Bitcoin...

Bitcoin miners have unloaded close to $1 billion in Bitcoin after the recent price surge, on-chain data reveals. From April 18 to 24, miners seemed to coordinate a huge selling spree. They moved nearly 14k Bitcoin to centralized exchanges in the process. The sell-off comes as the aftermath of the...

Bitcoin BTC/USD is witnessing an increase, trading at about $94,800 as it continues with the bullish trajectory in the cryptocurrency sector. Fueling this surge, Bitcoin gained more than 11.66% in the last week alone, indicating strong bullish sentiment from investors and higher trading volume. The price action of the cryptocurrency...

Bitcoin, the most popular of all cryptocurrencies by a huge margin, just recently went through its fourth halving on April 19, 2024. This roughly four-yearly event is known as a ‘Halving’, and it cuts the reward miners receive for creating new blocks in half. Some Bitcoin enthusiasts even looked forward...

$9.3 billion. Let that number sink in. That’s the wealth incinerated by crypto scams just in 2024 so far, based on FBI estimates. It’s about more than dollars and cents. It’s not just targeted abuse on a wide scale, it’s ruined lives and lost retirements and the profound erosion of...

The next Bitcoin halving is projected for 2028. It will halve the new issuance of Bitcoin and test the economic fortitude of the network. This one-time, roughly four-year recurring event will serve to further entrench Bitcoin’s deflationary monetary policy. As such, analysts expect the 2028 halving to reduce block rewards...