Bitcoin Could Hit $135K, But Caution Urged Amid Rising Leverage and Retail FOMO
Bitcoin Could Hit $135K, But Caution Urged Amid Rising Leverage and Retail FOMO
Source link
Bitcoin Could Hit $135K, But Caution Urged Amid Rising Leverage and Retail FOMO
Source link
The latest earnings season saw Bitcoin miners releasing mixed results amid a postelection Bitcoin rally. As Bitcoin (BTC) reached a record high of $89,995 on Monday, the cryptocurrency’s rapid ascent continued to fuel activity in the mining sector. Leading miners, including Hut 8 (NASDAQ:HUT), HIVE Digital (NASDAQ:HIVE), and MARA Holdings (NASDAQ:MARA), delivered quarterly results with…
According to Timothy Peterson, author of Metcalfe’s Law as a Model for Bitcoin Value, the crypto industry could be on the brink of another bear market. This analysis comes as the Federal Reserve (Fed) maintains its cautious stance on interest rates despite persisting economic uncertainties. Analyst Explains How a Bear Market Could Unfold In his…
The House of Representatives voted to maintain Congressional power over any present or future CBDC issuance. On May 23, the U.S. House of Representatives members voted for the Republican CBDC Anti-Surveillance State Act (H.R.5403) prohibiting the Federal Reserve from developing or launching a government-backed dollar-pegged digital currency. Republican Majority Whip Tom Emmer proposed the policies,…
MultiversX, a Europe-based blockchain network, launched its highly anticipated solution, Sovereign Chains, in a livestream demonstration today. Sovereign Chains represents a significant leap forward in the quest for seamless cross-chain operations, offering on-demand sovereign execution environments and a meta-coordinating layer for leading Layer 1 blockchains such as Bitcoin, Ethereum, Solana, and others. During the live…
The upcoming festive season could see some unexpected stars in the cryptocurrency market. With digital tokens inspired by internet memes gaining popularity, here are five standout coins that might make a significant impact during the 2024 holiday surge. Read on to discover which meme-based cryptocurrencies could potentially bring cheer to investors. DOGEN: The Ultimate Memetoken…
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution…