The price of Bitcoin has soared yet again, reaching a new 2023 peak of $41,522 on the Bitstamp exchange. This resurgence marks a significant milestone for the cryptocurrency, which has seen a tumultuous journey over the past year. Analysts attribute this rally to several key factors, including regulatory developments and market dynamics, painting a picture of a maturing crypto landscape.The key reasons behind the surge As reported by Bloomberg...
Alex Dovbnya
As Bitcoin options with a notional value of $640 million approach their expiration date, the crypto community watches intently
Bitcoin, the flagship cryptocurrency, is about to see a shakeup as options contracts with a significant notional value are on the cusp of expiration. With investors and traders across the world keenly watching, the fallout from this significant expiration could have potential implications on the price a...
Vladislav Sopov
Cardano Spot application will report the crucial developments of upcoming Cardano Summit 2023
Singapore, (24/10/2023) - Cardano Spot, the emerging Web3 social media platform dedicated to the Cardano community, has announced its live on-the-scene reporting of the Cardano Summit 2023 in Dubai. It is one of the largest blockchain events to take place from November 2nd through November 4th, 2023. Cardano Spot will bring exclusiv...
Alex Dovbnya
Bitcoin experienced a sudden surge, adding nearly $1,000 to its price in mere minutes
Bitcoin, the flagship cryptocurrency, has added nearly $1,000 to its value following a sharp increase in volatility within the cryptocurrency market. The top coin reached an intraday high of $35,579 on the Bitstamp exchange at 7:12 p.m. UTC. Bitcoin has emerged as the second-best performing cryptocurrency among the top 10 by market capitaliza...
According to the latest data from 100eyes Crypto Scanner, Ethereum is approaching a horizontal support point at around $1,925. This follows a dynamic 24-hour trading period where Ethereum's price fluctuated between $1,940.08 and $2,018.93, currently standing at $1,989.80. This represents a 1.2% increase compared to the previous day, with its market capitalization now at approximately $239 billion and a substantial 24-hour trading volume of $23...
In a tongue-in-cheek response to CNBC host Jim Cramer's bearish outlook on altcoins, Changpeng Zhao, the former CEO of Binance popularly known as CZ, took to social media to proclaim the start of an "alt season." This declaration appears to mock Cramer's recent advice to investors. The superstar host recommended buying Bitcoin while cautioning against altcoins. Struggling to keep up with BitcoinAccording to the latest CoinGecko data, many altc...
Gamza Khanzadaev
Cardano's meteoric rise may be on horizon as platform's latest progress report aligns with bold analyst's prediction of 2,500% increase in ADA's price
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while t...
Alex Dovbnya
Against the backdrop of Bitcoin's recent surge, Pepe, the whimsical memecoin, is making headlines with its impressive market resurgence
Pepe, a popular memecoin, is once again on the cusp of a $500 million market cap after a recent resurgence. The whimsical meme coin is currently changing hands at $0.00000117, according to data provided by CoinGecko. Pepe's comeback amid Bitcoin's rallyThe price of PEPE has seen a remarkable re...
Maarten Regterschot, a CryptoQuant contributing analyst, pointed out a significant trend in the Ethereum (ETH) market. His observations reveal a "systemic buying" pattern in Ethereum futures that is characterized by a noticeable increase in open interest. Specifically, Ethereum futures have seen an addition of $700 million so far, indicating a strategic accumulation of assets over a period. Understanding TWAP-buyingTWAP, or time-weighted avera...
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of ...
