Despite still having a market cap in the billions, Avalanche (AVAX) has struggled significantly over the last few years. The coin had seen its shine back in the DeFi summer of 2021-2022, but since then, it has essentially been downhill from there, save for a few recoveries over the years. Now, though, as the market…
A recent study by the Bank of Canada (BoC) revealed that crypto ownership in the country had slowed over the past two years. However, recent sentiment from Coinbase’s Country Director for Canada, Lucas Matheson, suggests Canadians are slowly warming up to crypto again. Canadians Adopting Crypto Payments In a conversation with Cointelegraph, Matheson mentioned that…
The next Federal Open Market Committee (FOMC) meeting is fast approaching, and the bets are already pouring in as to what it would mean for the Bitcoin and crypto industry. The last FOMC meeting took place in September, when the Federal Reserve ended up cutting rates down to 4-4.25% after months of no rate cuts.…
With the Bitcoin price having already seen a massive rally over the past year, crypto investors have turned their attention to altcoins. This is because altcoin season usually comes after Bitcoin finishes rallying and they present more potential for upside. Ahead of the second leg of the crypto bull market that is suppose to happen…
Este artículo también está disponible en español. The Bitcoin price has once again pushed above the $100,000 level after three consecutive days of price increases. Particularly, Bitcoin’s return above $100,000 comes on the back of a 12.5% increase after it bounced off the $90,000 support level on Monday, January 13. As expected, this positive momentum…
If you’ve perused the “cryptocurrency” subreddit, you have likely heard the rumors that Ethereum is being used by Reddit — the giant social media forum with dozens of millions of users.This discussion began with a post from “MagoCrypto,” who on Wednesday posted a video showing that on his Reddit app on his Android (Samsung), there…
American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends. The bank has announced the timeline for the conclusion of the ongoing BTC liquidations, predicting a subsequent rebound in the market. JP Morgan Predicts Bitcoin Market Rebound In August In a research report on Wednesday,…
Este artículo también está disponible en español. Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In its press release published today, the bank said…
Este artículo también está disponible en español. In a dramatic turn of events, the Bitcoin price has breached the $64,000 threshold again after a 7.7% increase from a low of $59,400 in four days. This sudden price jump has sent shockwaves through the crypto market, with data from Coinglass revealing a significant wave of liquidations…
Este artículo también está disponible en español. Traders have had a torrid start to the week, as over $500 million has been liquidated from the crypto market in the last 24 hours. This has been due to the Bitcoin price, which has continued to fluctuate heavily in recent times. $500 Million Liquidated As Bitcoin Price…