Latest News

Ark Invest Boosts Bitcoin Target to $2.4 Million by 2030

Ark Invest Boosts Bitcoin Target to $2.4 Million by 2030

Billionaire investor Cathie Wood’s Ark Invest has released a new, reimagined, Bitcoin price target. They even anticipate the value to reach $2.4 million per coin in 2030. This bullish forecast, revealed on Thursday, significantly exceeds Ark Invest's previous estimates and factors in Bitcoin's active supply and network activity. The investment...

Bitcoin Eyes $100,000 as Bullish Momentum Builds

Bitcoin Eyes $100,000 as Bullish Momentum Builds

Indeed, as Bitcoin’s price has skyrocketed the $100,000 mark seems closer than ever before. According to one recently bullish crypto analyst, the cryptocurrency recently broke out of a four-month falling wedge pattern earlier this month, signaling renewed bullish sentiment. Recent gains are due to wider positive sentiment in risk-on assets,...

Bitcoin Breaks $93,000, Igniting Bullish Sentiments

Bitcoin Breaks $93,000, Igniting Bullish Sentiments

Bitcoin has surged to its highest level in two months, fueled by significant short liquidations, substantial ETF inflows, and renewed institutional interest. The cryptocurrency surged above the $93,000 mark, pointing to further possible bullish continuation of its rally. Market analysts and enthusiasts alike are closely tracking Bitcoin’s move above $30,000....

Bitcoin Surges as Dollar Weakens Amidst Speculation on Fed Chair's Future

Bitcoin Surges as Dollar Weakens Amidst Speculation on Fed Chair's Future

Bitcoin (BTC) was the best performer among the large alternative cryptocurrencies at early Monday so BTC re-approached $87,200 as the dollar index crashed to a three-year low. Speculation that former President Trump will replace Federal Reserve Chairman Jerome Powell is fueling the increase. As a consequence, the speculators are shorting...

Oregon Takes Legal Action Against Coinbase Over Unregistered Crypto Sales

Oregon Takes Legal Action Against Coinbase Over Unregistered Crypto Sales

Oregon's Attorney General has initiated a lawsuit against Coinbase, one of the United States' largest cryptocurrency trading platforms. According to the lawsuit, Coinbase violated the Oregon Securities Law. It further claims that the company operated an exchange through which unregistered securities were even sold.Overall, the lawsuit focuses on an important...

Alabama Lawmakers Consider Bill to Allow State Investments in Digital Assets

Alabama Lawmakers Consider Bill to Allow State Investments in Digital Assets

Alabama lawmakers are considering a bill that would permit the state treasurer to invest in digital assets, marking a significant step towards embracing cryptocurrency. Rep. Mike Shaw, R-Hoover, who has taken the lead on this issue, introduced House Bill 482 (HB482). This bill would allow the state to invest up...

Crypto Market Experiences Overnight Dip, Erasing Billions in Value

Crypto Market Experiences Overnight Dip, Erasing Billions in Value

As seen on the crypto price tracker, Coin Market Cap, almost every major coin are all in the red including perenial rivals BNB, Solana and Ethereum. The total crypto market cap fell to $2.64 trillion, representing a 2.5 percent dip in 24 hours. First, there were a number of macro...

Ethereum Faces Mounting Bearish Pressure as Price Dips

Ethereum Faces Mounting Bearish Pressure as Price Dips

Data shows that options traders are making bearish bets against Ethereum, the second-largest cryptocurrency, at an increasing rate. Investors have dumped nearly $110 million into contracts. As long Ethereum’s price is below $1,800 in April, these contracts will continue to record profits. Ethereum’s price, at the time of writing, is...

WhiteBIT Launches Cryptocurrency Exchange in Australia, Expanding Global Footprint

WhiteBIT Launches Cryptocurrency Exchange in Australia, Expanding Global Footprint

WhiteBIT, the largest European centralized crypto exchange by traffic, has officially entered Australia with its cryptocurrency exchange platform. This expansion is the company’s most serious attempt yet to establish a foothold in the Asia-Pacific market. Alongside the new Australian dollar exchange, WhiteBIT, WhiteBIT.au was established in December 2024. With a...

Bitcoin Nears $85K as EU Tariff Delay and Potential Fed Rate Cuts Boost Crypto Market

Bitcoin Nears $85K as EU Tariff Delay and Potential Fed Rate Cuts Boost Crypto Market

Bitcoin approached $85,000, fueled by the European Union's decision to postpone retaliatory tariffs on U.S. goods and Federal Reserve Governor Christopher Waller's suggestion of potential rate cuts if tariffs resume. The biggest crypto was up 1.6% in the past day, changing hands just under $85,000. Ether (ETH) gained, climbing 2.7%...