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The total market cap is close to $3.2 trillion again. Bitcoin’s rather dull price actions over the weekend continue as the asset remains sideways at around $91,000, but it’s up by more than ten grand since last Friday’s multi-month low. Most larger-cap altcoins are sluggish on a daily scale, aside from HYPE, AVAX, and ZEC – all of which have dumped hard since yesterday. BTC Taps $91K As mentioned above, the previous business week was quite painful for the primary cryptocurrency as it plunged below $81,000 for the first time since April. This meant that it had lost over $25,000…
Bitcoin's stuck… is the breakout coming?
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Forward Industries, the Nasdaq-listed company that has transformed itself into a Solana-focused treasury operator, has appointed veteran digital-asset attorney Georgia Quinn as its new General Counsel. The company announced it in a X post Tuesday. The move marks a significant expansion of Forward’s legal and compliance capabilities as it rapidly scales its SOL-based treasury strategy. But the appointment also comes with a compelling twist already circulating on X. Raj Gokal, co-founder of Solana, reposted Forward’s announcement with a personal note: he once tried – and failed – to hire Georgia Quinn as Solana’s first general counsel. Now, years later, he…
Thai authorities have ordered World, the digital identity project backed by Sam Altman, to stop operating in the country and erase all user identification data collected from residents. According to a statement released on Monday by the Ministry of Digital Economy and Society (MDES), the order was issued by Thailand’s Economic and Social Development Board.The order directed the company to delete iris scan records linked to around 1.2M people. Officials said World violated Thailand’s Personal Data Protection Act by collecting biometric data in exchange for its Worldcoin token. The Bitwise Dogecoin ETF $BWOW launches today — Why? $DOGE is the…
Crypto Presales Apeing whitelist access opens the door to early entry pricing, making it the best meme coin to watch as Cheems and Pepe attempt rebounds.Crypto never sleeps. It barely blinks. Right now, the market is acting like an energy drink without a lid. Volatility is back, memes are rallying again, and traders are hunting the best meme coin to watch before the next sudden pump. The latest reason for all this excitement comes from Washington. Reports claim a crypto-friendly adviser is leading the race to become the next Fed Chair. The market believes that could speed up interest rate…
Blockchain arrived in the domain of technology like one of the remarkable phenomena you get to witness once in decades. The benefits of blockchain technology grabbed the attention of every industry and business owners were quick to dive into blockchain projects right away. The discussions about blockchain architecture in scalable solutions have been gaining the spotlight recently as more organizations want to capitalize on the potential of blockchain. Blockchain technology promises decentralization, transparency, immutability, and cryptographic security. The use cases of blockchain in cryptocurrencies, DeFi and optimizing supply chain operations showcase how it can revolutionize traditional processes. However, the limits…
Ethereum (ETH) is attempting to bounce from the market’s Q4 correction, retesting the $3,000 barrier once again. As we approach the end of November, some market observers have suggested that the end-of-year rally may still be possible in the coming weeks. Related Reading Ethereum Eyes $3,000 Ahead Of Key Upgrade On Wednesday, Ethereum experienced a 4.4% daily surge, retesting the $3,000 level for the first time in nearly a week. The cryptocurrency has been trading within the $2,680-$2,980 price range amid the latest market-wide correction, which also saw Bitcoin (BTC) lose some crucial support levels. At the start of the…
The market woke up fast last night as Bitcoin price bounced sharply from its recent bottom that had been forming for days, pulling back above $90,000 while ETH USD finally cracked the $3,000 level again. This jump surprised almost no one. ETF flow data has been turning green for two straight days, with both BlackRock and Fidelity stepping back in. SOL and BNB followed with the same 3% gains, adding to the sense that the worst may have already passed for the crypto market. Bitcoin Price Technical Shift and Market Structure Bitcoin price took the rebound ball, tapped it into…
The metric is above $3.2 trillion on CG again. After a week of trading below the $90,000 mark, which included a nosedive to under $81,000, bitcoin finally notched an impressive recovery attempt that pushed it to just under $92,000. Its dominance over altcoins has surged as well, as very few are able to match its gains over the past 24 hours. BTC Eyes $92K The primary cryptocurrency’s most severe part of its November correction took place last week when the bears were in complete control of the market and drove it south to under $81,000 on Friday. This became its…
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