A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $ 69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $ 42,000, citing current euphoria levels. Meanwhile, bitcoin cash experienced a 40% surge in anticipation of its halving event and a major 2024 upgrade. Additionally, rumors circulated …
NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC
Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $ 442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $ 16 million, with Bitcoin-based NFTs claiming the lead in sales volume …
Satoshi’s Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More — Week in Review
Bitcoin’s valuation surged past the $ 1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $ 9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and an upcoming major Ethereum network upgrade as key drivers of cryptocurrency prices. Veteran trader Peter …
Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review
Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $ 100,000 by June this year. The AI cryptocurrency sector has seen a remarkable surge, with over $ 10 billion added to its market value …
Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares
In an unprecedented surge, crypto funds around the globe registered record inflows totaling $ 2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong resurgence in the crypto investment space. Record $ …