Cryptocurrency Insight
Standard Chartered said in a filing released on Monday that Bitcoin’s price could rise to as high as $100,000 by the end of 2024, signaling the end of “crypto winter.” According to Geoff Kendrick, head of digital asset research at Standard Chartered, Bitcoin could benefit Read More
USDT, the largest stablecoin in the crypto market, is once again approaching its $82 billion market capitalization, which it briefly reached during the LUNA meltdown last year. However, despite its current dominance, the Tether stablecoin is not invulnerable to external threats, such as the possibility Read More
On-chain data shows that Bitcoin open interest is rising rapidly with the price, a sign that a long squeeze may be brewing in the market. Bitcoin open interest has seen a sharp rise recently As pointed out by an analyst in a CryptoQuant post, funding Read More
Data shows that Bitcoin transactions have grown in number recently, but exchange deposit transfers and withdrawals have only moved sideways. Bitcoin transaction count has seen a sharp increase recently According to data from on-chain analytics firm glassnode, BTC blockchain activity has increased significantly recently. The Read More
Today, March 20th, was hectic in Bitcoin and crypto market. Some major coins and altcoins have posted gains in their seven-day prices. While BTC is up at 3.47% over 24 hours, its seven-day gains are 27.93%. On the other hand, Ethereum has gained 12.82% in Read More
Facebook has wrapped up almost 16 years of history. Founded in 2004 chiefly as a social network company, Facebook initially launched to connect Harvard University students together. The company’s first steps happened at a notorious historical moment, with the first iteration starting off in a Read More