Crypto

Source: Bitcoinist Samson Mow, founder of Bitcoin-focused company JAN3, recently addressed the German Bundestag in an effort to push for the state to adopt Bitcoin, thus pushing for “hyperbitcoinization” sooner to be able to live in a future where Bitcoin becomes every global citizen’s currency of choice. Grassroots efforts pick up pace, but the founder…

Source: Bitcoinist Prison authorities in Nigeria declared that detained Binance executive Tigran Gambaryan is ‘very sick’, preventing him from appearing in court again for his trial. This is a major concern which had been raised by his wife nearly two months ago, saying that Gambaryan’s health condition has sharply deteriorated since being detained in April….

Source: Coin Tegraph A crypto analyst highlighted a 65% increase in Ethereum held in accumulation wallets since the start of 2024, arguing that it’s no longer just for “tech enthusiasts.” Read Full Article

Source: Bitcoinist Last January 10th, 2024, the US Securities and Exchange Commission finally approved the Bitcoin ETF applications of 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds, and individual traders got a share. One market participant that’s slowly boosting its holdings is Morgan Stanley. In…

Source: Coin Tegraph Bitcoin has surpassed Ethereum’s market capitalisation by over $1 trillion and one crypto analyst pointed out it is a new all-time high “for the spread.” Read Full Article

Source: Bitcoinist Dogecoin, the king of meme coins, is once again capturing the spotlight as it reclaims its throne among meme coins. According to price data from Coinmarketcap, Dogecoin is currently outperforming other meme coins in gains in both the 24-hour and seven day timeframes.  Even more impressively, Dogecoin isn’t just outpacing its meme coin…

Source: Bitcoinist Dogecoin‘s recent price surge to $0.1491 has pushed the Relative Strength Index (RSI) into overbought territory, signaling a potential shift in momentum. As the RSI climbs above 70%, it suggests that the token may be overvalued, raising the possibility of a price correction. As buying pressure slows, market participants are beginning to brace…

Source: Coin Tegraph Bitcoin is technically on track to hit $233,000, according to analytics data based on the RSI, FBI arrests SEC X hacker: Hodlers Digest Read Full Article

Source: Bitcoinist Memecoins have a fascinating history in the crypto market, with assets like Shiba Inu (SHIB) turning small investments into millions, especially in 2021. Back then, few could predict SHIB’s extraordinary 8,000% rally, turning a meme coin into one of history’s most profitable altcoin investments. Fast forward to today, a new contender is emerging…

Source: Bitcoinist This year has been filled with numerous narratives for the cryptocurrency market, especially for the Bitcoin price. Ranging from the spot Bitcoin exchange-traded funds (ETFs), the fourth halving event, to the United States presidential elections, the cryptocurrency industry and the Bitcoin market have been subject to various factors throughout 2024. With the US…