menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Bitcoin News

Bitcoin News

source image

Coindoo

2w

read

72

img
dot

Image Credit: Coindoo

Bitcoin Outshines Tech Stocks, Strengthens Role as Dual-Purpose Asset

  • Bitcoin showed relative stability compared to tech stocks, such as Nvidia, Google, and Meta, which experienced significant declines.
  • Bitcoin's resilience and performance in comparison to tech stocks highlight its potential as a growth asset and financial hedge.
  • Analysts suggest Bitcoin's evolving role in the financial landscape, behaving similarly to tech stocks while also serving as a protective asset during economic stress.
  • Bitcoin's dual nature makes it a standout in the investment world, combining the appeal of high-growth assets with the safety of a hedge in uncertain times.

Read Full Article

like

4 Likes

source image

Livebitcoinnews

2w

read

224

img
dot

Image Credit: Livebitcoinnews

CESUR Mining Launches Cryptocurrency Investment Strategy to Surpass Other Cloud Mining Platforms

  • CESUR Mining launches a suite of cutting-edge blockchain wealth management strategies.
  • The strategies aim to deliver annualized returns exceeding 200%.
  • CESUR Mining's cryptocurrency investment strategies are more accessible and profitable compared to cloud mining.
  • The company offers various strategies, including low-risk arbitrage, market neutral, cross-chain arbitrage, stablecoin income, and high-frequency trading.

Read Full Article

like

13 Likes

source image

Bitcoinist

2w

read

165

img
dot

Image Credit: Bitcoinist

Bitcoin Short-Term Holders Halt Buying Activity – What Does This Mean For BTC?

  • Bitcoin's recent upward momentum has weakened, leading to a pullback in price below $83,000.
  • Short-term holders of Bitcoin have halted their accumulation, indicating a decline in demand and confidence.
  • The decline in Bitcoin supply from short-term holders may influence the price, potentially leading to further decline in the near future.
  • However, historical data suggests that Bitcoin can still reach new highs even with a decline in short-term holder supply.

Read Full Article

like

9 Likes

source image

Bitcoinist

2w

read

531

img
dot

Image Credit: Bitcoinist

Bitcoin Realized Price Model Signals Correction May Still Have Weeks To Run – Details

  • Bitcoin is under critical selling pressure as bulls fail to reclaim the $90,000 level and bears struggle to break below the $81,000 support zone.
  • The Bitcoin Realized Price Model, based on the appearance of a Dead Cross, suggests that the current correction phase may last for approximately 57 more days.
  • The recent tariff announcements by President Donald Trump have added to the volatility and shaken risk assets, including Bitcoin.
  • Bitcoin is currently trading around $83,000, with resistance at $88,000 and support at $81,000, making the upcoming days critical for market momentum.

Read Full Article

like

26 Likes

source image

Newsbtc

2w

read

315

img
dot

Image Credit: Newsbtc

Is Korea Propping Up The XRP Price? Pundit Explains What’s Happening

  • XRP price has been propped up by high trading volume on South Korean exchanges amid localized demand.
  • South Korea is a major driver of XRP's price action, with high demand and adoption within the country.
  • South Korea's interest in XRP is driven by regulatory uncertainties and the lack of large-scale cross-border payment solutions in the country.
  • Continued demand from retail investors and Upbit's significant XRP reserve make South Korea a key driver for the cryptocurrency's global future price action.

Read Full Article

like

18 Likes

source image

TronWeekly

2w

read

323

img
dot

Image Credit: TronWeekly

Tether and Bitcoin Dominate Ukraine Officials’ Crypto Holdings

  • The number of Ukraine’s officials disclosing crypto assets has more than doubled since Russia’s invasion, with Tether and Bitcoin as the most popular holdings.
  • Tether (USDT) leads with 802 filings, while Bitcoin and Ethereum follow closely behind as the top declared assets by Ukrainian government employees.
  • Several former top Ukrainian officials have disclosed substantial crypto holdings, though some have also reported losing access to their digital wallets amidst ongoing conflict.
  • The rising number of Ukrainian officials declaring their holdings in cryptocurrency is more than twofold from the beginning of Russia’s full-scale invasion in 2022, with stablecoin Tether (USDT) and Bitcoin (BTC) becoming the two most popular digital assets used by government employees.

Read Full Article

like

19 Likes

source image

Livebitcoinnews

2w

read

405

img
dot

Image Credit: Livebitcoinnews

BlockDAG’s Presale Explodes to $211.5M Following Keynote 3 Reveal! BNB Down 13.5% & Solana Falls 33%

  • BNB, Binance’s native asset, experienced a 13.5% decline over the past three months, while Solana faced a 33% price decline due to market corrections and concerns over FTX asset liquidation.
  • BlockDAG's Keynote 3 unveiled significant progress, including the launch of a live testnet, delivery of physical miners, and rollout of its mobile app. The crypto presale for BlockDAG reached $211.5 million, delivering a 2,380% ROI since batch 1.
  • BNB remains relevant within Binance's ecosystem despite the decline, with a market cap of approximately $89.39 billion. Solana's market capitalization also remains strong, but analysts have mixed expectations for its short-term recovery.
  • BlockDAG's Keynote 3 focused on delivering actual achievements instead of hype, setting a high standard for the industry. The project demonstrated real progress with working miners, launched apps, a running testnet, and growing user engagement.

Read Full Article

like

24 Likes

source image

Bitcoinsensus

2w

read

137

img
dot

Image Credit: Bitcoinsensus

Liberation Day Fallout: $3.25 Trillion Lost in Stocks—Crypto Adds $5.4 Billion

  • The announcement of Trump's tariff program has led to a historic selloff, resulting in a $3.25 trillion loss in U.S. stocks.
  • Tech giants, retail, and financial stocks experienced significant declines, while Tesla saw a 10.42% drop.
  • In contrast, the crypto market added $5.4 billion, with Bitcoin and altcoins displaying resilience.
  • The long-term implications for digital assets in a predicted 2025 U.S. recession remain uncertain.

Read Full Article

like

8 Likes

source image

Bitcoinist

2w

read

362

img
dot

Image Credit: Bitcoinist

Crypto Bombshell: Donald Trump’s Mass Tariffs Have Happened Twice Before, Here’s The Outcome

  • Donald Trump’s mass tariffs have occurred twice before in American history, leading to global economic downturns.
  • Market experts predict that these tariffs could cause a recession and negatively impact the crypto market.
  • As a result of the tariffs announcement, Bitcoin dropped in value, and the stock market suffered significant losses.
  • There are predictions that the US Federal Reserve may step in by cutting interest rates, potentially providing relief to the market and injecting liquidity into the crypto market.

Read Full Article

like

21 Likes

source image

Newsbtc

2w

read

349

img
dot

Bitcoin Keeps Rebounding—But Is Momentum Really Turning Bullish?

  • On-chain data suggests that Bitcoin rebounds may not indicate a shift towards bullish momentum.
  • Glassnode's Realized Profit/Loss Ratio for Bitcoin measures the ratio between profit and loss realized by holders or addresses.
  • During recent lows, the indicator has shown loss-taking being more dominant than profit-taking, signaling seller exhaustion.
  • Although there have been short-term rebounds, the 90-day SMA of the Realized Profit/Loss Ratio suggests a broader downtrend, indicating weaker liquidity and declining investor profitability.

Read Full Article

like

21 Likes

source image

Bitcoinsensus

2w

read

276

img
dot

Image Credit: Bitcoinsensus

Ethereum Transaction Fees Drop to Historic Lows Due to EIP-4844 and L2

  • Ethereum's transaction fees have dropped to historic lows thanks to the implementation of EIP-4844 and the growth of L2 solutions.
  • The drop in transaction fees has not resulted in a decline in trading volume, removing a major barrier to Ethereum's growth.
  • The introduction of the 'blob' transaction mechanism through EIP-4844 has been a key factor in reducing fees and improving efficiency.
  • While lower fees are positive for scaling and attracting new users, there is a need to maintain the network's long-term economic sustainability.

Read Full Article

like

16 Likes

source image

Coindoo

2w

read

283

img
dot

Image Credit: Coindoo

Over 50% of Americans Eager to Invest in Cryptocurrency, Survey Reveals

  • 52% of crypto owners are primarily interested in using digital assets to improve their financial situations.
  • 60% of participants view financial investment as their main reason for exploring cryptocurrency.
  • 32% of crypto holders report experiencing stress or anxiety related to managing their investments.
  • Cryptocurrency is gaining traction as a mainstream investment tool, especially among younger generations.

Read Full Article

like

17 Likes

source image

Bitcoinist

2w

read

224

img
dot

Image Credit: Bitcoinist

XRP Market Signals Strength As Active Addresses Count Increase Sharply

  • XRP has shown strength in the crypto market with a significant increase in active addresses.
  • The growth in active addresses indicates rising investor interest and attention in XRP.
  • XRP has experienced a higher growth rate in active addresses compared to Bitcoin.
  • An analysis suggests a potential 4,400% growth for XRP in the current market cycle.

Read Full Article

like

13 Likes

source image

Pymnts

2w

read

267

img
dot

Image Credit: Pymnts

PayPal and Venmo Add Chainlink and Solana to Cryptocurrency Offerings

  • PayPal and Venmo users can now buy, hold, sell and transfer Chainlink (LINK) and Solana (SOL) cryptocurrencies directly.
  • The addition of LINK and SOL was in response to customer feedback.
  • Users will start seeing LINK and SOL available for purchase in the upcoming weeks.
  • PayPal aims to provide greater flexibility and choice for users in buying, sending, or spending digital currencies.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app