Tag Archives: cryptocurrency

Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report

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According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve.  Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United… Continue reading Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report→

DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report

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According to a report published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols witnessed a steep decline in exploits in 2024, while centralized finance (CeFi) platforms more than doubled their losses due to security breaches. DeFi Platforms Show Better Security Mechanisms In its annual “Web3 Security Report,” Hacken outlined the general trends in… Continue reading DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report→

Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase

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Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs… Continue reading Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase→

Bitcoin $178K Target In Sight? Analyst Highlights Bollinger Band Retest Mirroring Jan. 2024 Rally

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Bitcoin has been on a correction path since it reached a new all-time high of $108,135 on December 17. Notably, this correction has seen the leading cryptocurrency decline by about 10% up until the time of writing and even breaking below $93,000 very quickly. This notable decline has seen Bitcoin retesting the Bollinger Bands, and… Continue reading Bitcoin $178K Target In Sight? Analyst Highlights Bollinger Band Retest Mirroring Jan. 2024 Rally→

Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?

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Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1.9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000. This flash dump, occurring over just three days, has left many investors and analysts questioning whether this marks the end of the current bull market or signals a… Continue reading Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?→

Is This The Bottom? Experts Weigh In On Bitcoin 13% Dip And Potential Recovery

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Bitcoin (BTC) is experiencing its first seven-day decline in eight weeks, prompted by hawkish signals from the US Federal Reserve (Fed) that have led traders to sell off the asset, which has more than doubled in value this year.  Bitcoin Rebounds To $97,500 After Historic ETF Outflow The market’s leading cryptocurrency saw a drop of… Continue reading Is This The Bottom? Experts Weigh In On Bitcoin 13% Dip And Potential Recovery→

Ethereum Rejected At $4,000 Resistance Again: What Lies Ahead For ETH?

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Due to yesterday’s crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours. What’s Behind Ethereum’s Underwhelming Price Performance? While ETH has posted… Continue reading Ethereum Rejected At $4,000 Resistance Again: What Lies Ahead For ETH?→

Spot Bitcoin ETFs Bleed: 6,700 BTC Exit Amidst Largest Outflow In Months

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Amid a wider readjusting of market expectations for interest rate cuts by the Federal Reserve (Fed) for 2025, investors withdrew a record $680 million from Bitcoin ETFs on Thursday, the highest outflow in a single day since January’s approval of these investment funds. Grayscale And Bitwise Bitcoin ETFs Experience 8% Decline  As Bitcoin ETFs faced… Continue reading Spot Bitcoin ETFs Bleed: 6,700 BTC Exit Amidst Largest Outflow In Months→

Hut 8 Bitcoin Holdings Now Over $1 Billion With Latest Buy

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Major North American Bitcoin (BTC) mining company Hut 8 has further expanded its BTC holdings with a $100 million acquisition. This latest purchase has pushed the company’s total reserves to over 10,096 BTC, valued at more than $1 billion at current market prices. Hut 8 Bitcoin Reserves Top $1 Billion The Miami-headquartered cryptocurrency mining firm… Continue reading Hut 8 Bitcoin Holdings Now Over $1 Billion With Latest Buy→

XRP Price Readies For Record-Breaking Peaks As Bollinger Bands Signal 490% Upswing

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As the cryptocurrency market faces a significant price correction—led by Bitcoin (BTC) and Ethereum (ETH), which have retraced 2.2% and 4.6% respectively—the XRP price shows early signs of a potential explosive surge. Currently trading at $2.21, the XRP price has recorded a nearly 5% gain in the past 24 hours, finding strong support just below… Continue reading XRP Price Readies For Record-Breaking Peaks As Bollinger Bands Signal 490% Upswing→