Ethereum’s historical Q1 performance shows strong average returns of 93%. ETH faces challenges in 2024, with a 35% decline against Bitcoin so far. Technical indicators suggest Ethereum may experience further short-term downside. Ethereum (ETH) has experienced a mixed year, lagging behind other major cryptocurrencies. However, Mister Crypto, an analyst, highlighted Ethereum’s historical performance in the … Read more
Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
Bitget to burn 800 million BGB tokens, reducing the circulating supply by 40%. Quarterly burns will begin in 2025, using 20% of profits from exchange revenues. BGB will expand its utility by merging with Bitget Wallet Token (BWB) and supporting real-world crypto transactions. Bitget, one of the largest cryptocurrency exchanges, announced a bold plan to … Read more
KULR, a provider of electric energy storage solutions, has reported its first bitcoin purchase as part of a strategic shift toward establishing the leading cryptocurrency as a reserve asset. The company bought $21 million worth of bitcoin, amounting to 217.18 BTC. The purchase comes after the company announced that it would adopt a Bitcoin standard, … Read more
In recent weeks, much has been said about the wealth erased from various cryptocurrencies’ valuation. For example, in the seven days leading up to December 24 – and despite the rally on the day – Bitcoin’s (BTC) valuation collapsed by nearly $200 billion. Still, for all the frustration emerging from the apparent cancellation of the … Read more
Celebrating her first anniversary as Chief Product Officer at BingX, Vivien Lin has been a pivotal force in driving the company’s product innovation and strategic vision. Her appointment came at a crucial time when BingX was expanding its user base and offerings, requiring strong leadership to navigate its growth. Over the past year, Lin has … Read more
The National Bank of Cambodia has given commercial banks and payment firms permission to provide crypto-related services, but not for Bitcoin and other unbacked tokens. According to the Phnom Penh Post, the NBC formally declared the decision to allow banks to provide services involving Category 1 crypto assets on Dec. 27. Category 1 crypto asset … Read more
Bitcoin remained resilient despite the options expiry, peaking above $97,330 one hour after the year’s last options expiry event.
Buying Bitcoin at significantly higher prices than just a few months ago can be daunting. However, with the right strategies, you can buy Bitcoin during dips with a favorable risk-to-reward ratio while riding the bull market. Confirming Bull Market Conditions Before accumulating, ensure you’re still in a bull market. The MVRV Z-score helps identify overheated … Read more