Crypto

Source: Bitcoinist The Ethereum price seems to be finally picking up some momentum after several weeks of trailing the remarkable Bitcoin price performance. After kickstarting the week with sluggish price action, the acclaimed “king of altcoins” has returned to above the $4,000 mark for the first time since March. Mirroring the current market climate, the…

Source: Coin Tegraph Crypto sees a historic moment as Bitcoin crosses the symbolic $100,000 threshold. Read Full Article

Source: Coin Tegraph El Salvador’s unrealized gains of more than $300 million on its Bitcoin purchases came as BTC broke through the $100,000 milestone price. Read Full Article

Source: Bitcoinist Popular stablecoins, or digital assets designed to have a “relatively stable price,” are getting noticed by policymakers. While these crypto units are more stable than their counterparts, a recent Financial Services Oversight Council (FSOC) report suggests they can pose risks to the financial markets. Specifically, the FSOC 2024 Annual Report argues that issuers…

Source: Bitcoinist The recent Bitcoin price surge, which surpassed $100,000 for the first time, is creating ripples in the long-struggling crypto lending sector, particularly through decentralized finance (DeFi) applications.  According to a Bloomberg report, the speculative excitement surrounding Bitcoin has not only invigorated its trading but is also spilling over into lending platforms, signaling a…

Source: Coin Tegraph Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million. Read Full Article

Source: Bitcoinist Dogecoin has been steadily climbing, with its price approaching the critical $0.44848 mark. This consistent upward movement signals that the bulls are firmly in control, pushing DOGE closer to new territory.  As the price steadily advances, market attention intensifies, leaving many wondering if this persistent ascent is the beginning of a major breakout….

Source: Coin Tegraph SEC commissioner Caroline Crenshaw, who is widely known for opposing the spot Bitcoin ETFs, is up for renomination, and the crypto industry fears her re-election. Read Full Article

Source: Bitcoinist Crypto analyst Trader Tardigrade has predicted that the Dogecoin price could hit double digits if it repeats historical patterns from the 2017 bull run. The analyst had previously predicted that Dogecoin could rally as high as $8.7 if it mirrors the 2017 bull cycle.  Dogecoin Price Could Hit Double Digits If It Follows…

Source: Bitcoinist The rivalry between two respected tech giants continues, which is evident in a congratulatory post that might have reignited the rift between the two former allies in AI tech. SpaceX CEO Elon Musk took a swipe at his rival, OpenAI CEO Sam Altman, after the latter congratulated David Sacks for being nominated by US…