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Those gains leveled out some by mid-afternoon US Central Time. Worldcoin’s WLD tokens were the tallest green candle for the day on Wednesday, with a 12% daily surge. Hyperliquid’s HYPE (8.6% gains) and Raydium’s RAY (8% gains) were the second and third most bullish tokens for the day. A few places down on the leaderboard
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On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC) for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter). This acquisition marks the company’s 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency
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On Monday, the cryptocurrency market witnessed a significant surge in Chainlink (LINK) prices following a remarkable acquisition by World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump. In a series of rapid transactions completed within just 15 minutes, World Liberty Financial purchased 220,000 LINK tokens, totaling an impressive $5.63 million, according to
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El Salvador added 12 BTC to its reserves in the past day, ramping up its Bitcoin purchase as the leading crypto asset hovers near its all-time high. This development comes despite a recent agreement with the International Monetary Fund (IMF) to scale back some of its crypto policies. The National Bitcoin Office announced via X
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Bitcoin recently achieved a new all-time high, climbing above $109,000 and continuing its strong upward momentum. This performance has further highlighted the disparity between Bitcoin and Ethereums price trajectories, with Ethereum underperforming in recent months. While Bitcoin has captured attention for its resilience and gains, Ethereum faces challenges that have weighed on its progress. According
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As the new crypto-friendly administration takes office, crypto investors expect a likely volatile market. However, some analyst shared their bullish predictions as Bitcoin (BTC) hit its latest all-time high (ATH) of $109,000. Last week, Bitcoin surged past the $100,000 barrier for the first time in over ten days amid the bullish expectations of January 20.
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Undoubtedly, Bitcoin has seen significant growth over the past years both in market price and as a network, solidifying its reputation as a considerable financial haven. Adding more credibility to this fact, a CryptoQuant analyst known as Gaah recently highlighted a notable trend: a large volume of Bitcoinroughly 1 million BTChas been withdrawn from crypto
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Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse
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Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
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