Bitcoin is once again at the center of market speculation, and analysts are honing in on three crucial metrics that could determine whether the digital asset breaks into record territory. According to experts, the Market Value to Realized Value (MVRV) ratio, on-chain activity, and trading volumes are flashing signals—though with one important caveat: momentum must […]
Bitcoin surged in early Monday trading, reaching approximately $87,480—a 3.71% increase that signaled renewed investor optimism in the crypto market. Ethereum followed suit, climbing 4.05% to trade at around $2,093. Overall, the cryptocurrency market capitalization jumped by 2.94% in the past 24 hours, now standing at a robust $2.84 trillion. Despite looming concerns over potential […]
Bitcoin value has soared to a new record of over $106,000 following Donald Trump’s win in the November 5 election. This marks a more than 50% increase in the cryptocurrency’s price since Trump’s victory. The surge is largely due to expectations that Trump’s administration will support cryptocurrencies more than Biden’s did. Recently, Trump mentioned he […]
A U.S. court has sentenced hacker Ilya Lichtenstein to five years in prison for helping to launder money from one of the biggest cryptocurrency thefts ever. Lichtenstein pleaded guilty last year to his role in a 2016 hack of the Bitfinex cryptocurrency exchange, where he stole nearly 120,000 bitcoin. Lichtenstein laundered the stolen cryptocurrency with […]
Bitcoin experienced a significant drop in value on Thursday morning, with its price falling below $64,000 and over $209 million in long positions being wiped out as the market faced a downturn overnight. Data from Coingecko, as reported by Decrypt, shows that Bitcoin is currently selling at around $63,700, representing a 4% decline on the […]
