Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity […]
Inside GOAT’s Wild Market Ride: What’s Driving This AI-Meme Coin Craze?
The artificial intelligence (AI)-driven meme coin goatseus maximus (GOAT), launched on pump.fun, has reached a market valuation of $ 418 million after gaining more than 36% against the U.S. dollar by 7 p.m. Eastern Time on Friday. Earlier in the day, the meme coin hit an all-time high (ATH) of $ 0.461 per …
Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
On Sept. 5, 2024, bitcoin held steady, floating just above the $ 56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase, while others still see potential for a bullish breakout. Cryptoquant’s head of research, Julio Moreno, weighed in on the discussion, stating the drop …
What’s Next?
With Bitcoin’s Fourth Halving Under 200 Days Out, What’s at Stake for Miners?
With fewer than 200 days to go, anticipation mounts for the halving, a four-year event that halves the supply rate. Bitcoin’s fourth halving is projected to take place on or around April 24, 2024. This comprehensive guide will help you understand the halving’s effects and what to anticipate. The Countdown to Halving and Understanding the […]