Crypto

Source: Bitcoinist Bitcoin has experienced a bullish week, surging 6% since Wednesday, igniting excitement among analysts and investors who believe this could be the beginning of the next major rally.  The last significant rally, from January to March, propelled Bitcoin’s price up by 91%, nearing all-time highs. Now, market participants are optimistic that a similar…

Source: Bitcoinist On Friday, the Cardano blockchain marked its seventh anniversary, solidifying its position as one of the most recognized protocols in the cryptocurrency market. Currently, Cardano’s native token, ADA, ranks eleventh among cryptocurrencies, boasting a market capitalization of approximately $14 billion. Input Output Global (IOG), the development company behind Cardano, celebrated this milestone on…

Source: Coin Tegraph Bitcoin has surged past $65,000, boosted by China’s stimulus measures and stablecoin inflows. Read Full Article

Source: Coin Tegraph The crypto world is full of technical terms, some of which are so difficult that almost no one understands them. Read Full Article

Source: Bitcoinist On-chain data shows that Ethereum transaction fees have been rising again recently. Here’s what could be behind this trend. Ethereum Average Fees Has Registered A Notable Uptick Recently In a new insight post, the on-chain analytics firm Santiment talked about how the Ethereum network has recently become more expensive. The metric of interest…

Source: Bitcoinist In a recent interview with CNBC, Republican Senator Cynthia Lummis, a prominent advocate for crypto assets, discussed the potential for significant regulatory changes following the upcoming US elections.  With just under two months until voters head to the polls, Lummis emphasized the need for a robust digital asset framework to support the US…

Source: Bitcoinist Despite the ongoing gradual recovery in crypto prices, the latest data has shown a shift in sentiment among retail investors, particularly those in the Korean market, who appear to be more cautious. A CryptoQuant analyst named Mac D recently published insights on the CryptoQuant QuickTake platform, highlighting the implications of this change. Retail…

Source: Coin Tegraph John Deaton discusses his stance on the Federal Reserve CBDCs, regulatory clarity, and government accountability in his Senate run. Read Full Article

Source: Bitcoinist Bitcoin’s (BTC) breakout above $65,000 could lead to ‘exceptionally high’ chances for a wider crypto rally in Q4 2024, according to Markus Thielen, head of research at 10x Research. Sustained Bitcoin Rally Could Spark FOMO In Altcoins In a recent report, Thielen outlined several factors that could set the stage for a crypto…

Source: Coin Tegraph August had an average rating of “Fear” on the Crypto Fear and Greed Index, hitting a yearly low of 17 on Aug. 6.  Read Full Article