Crypto

Source: Bitcoinist The Bitcoin price performance in 2024 is one for the history books, with the premier cryptocurrency crossing the $100,000 mark for the first time ever. However, hitting this milestone opened the door to another conversation — when will the market top be in? As a result, several predictions of the Bitcoin price top…

Source: Bitcoinist Bitcoin mining, while a largely profitable venture for mining companies and individuals, can cause plenty of problems. The rise of crypto mining can raise rates, weaken grids, and even cause power blackouts in certain countries like Thailand, Venezuela, and Kazakhstan. Iran’s capital and its nearby provinces are also reporting rolling power blackouts in…

Source: Coin Tegraph While liquid restaking provides more utility for staked tokens, it also comes with its own risks, like the depegging and price volatility for derivative tokens. Read Full Article

Source: Bitcoinist Dogecoin’s price action is still drawing attention with its ongoing consolidation holding up above $0.4. At the time of writing, Dogecoin is trading around $0.409, down 14% from its recent December high of $0.4757. While this dip might appear concerning to some, crypto analyst Master Kenobi believes it is a natural and necessary…

Source: Bitcoinist In a significant step toward establishing a US strategic Bitcoin reserve, Senator Cynthia Lummis recently met with incoming Treasury Secretary Scott Bessent, according to a recent social media post on X (formerly Twitter) in which Lummis expressed optimism about Bessent’s potential support for digital assets, particularly BTC.  Trump Rings The Bell For Crypto…

Source: Bitcoinist According to a recent Bloomberg report, Donald Trump’s crypto initiative, World Liberty Financial (WLF), is making significant strides by acquiring three altcoins worth millions. This move comes amid growing speculation that the decentralized finance (DeFi) platform is on the brink of “becoming operational.” Trump’s Crypto Venture Secures Major Token Purchases Since December 11,…

Source: Bitcoinist The price of Bitcoin (BTC) experienced much turbulence in the past week dipping by almost 5% to reach a local bottom of $95,000 on Wednesday. While the crypto market leader has since recorded a market rebound returning to above $101,000, BTC has once again slipped into consolidation drawing much speculation on its next…

Source: Coin Tegraph MicroStrategy’s Michael Saylor responded to MARA Holdings’ praise, suggesting the firm may be next among Bitcoin firms to join MicroStrategy on the Nasdaq 100. Read Full Article

Source: Bitcoinist The Ethereum network has recently witnessed a resurgence in activity, with new wallet addresses hitting an eight-month high. On-chain data shows that an average of 130,200 new Ethereum addresses are being created daily in December, a level of network activity not seen since April. This resurgence in activity comes as the Ethereum price…

Source: Coin Tegraph Bitcoin “shrimps” are showing firm conviction that the price of Bitcoin is going to continue its uptrend, according to a crypto analyst. Read Full Article