[ad_1] A new study conducted by the Nakamoto Institute has unveiled surprising insights into the demographics of Bitcoin ownership in the United States, challenging several popular assumptions about the typical cryptocurrency investor. The research, spearheaded by Troy Cross and Andrew Perkins, analyzed responses from a survey of 3,538 American adults, aiming to penetrate deeper into the socio-political and moral fabric underlying financial decisions related to BTC. Who Is The Average US Bitcoin Owner? “We wanted to understand who owns Bitcoin and who doesn’t, and why. That called for research. Not just surface-level demographics, but a deep look into the roots…
Author: dfrancis36
[ad_1] A widely followed crypto strategist and trader believes Bitcoin (BTC) is gearing up to ignite a big breakout rally. Pseudonymous analyst The Crypto Dog tells his 805,600 followers on the social media platform X that Bitcoin appears to be mirroring a pattern witnessed in November 2020 when BTC sparked a parabolic rally from $14,000 to $69,000 in just a few months. “The last time BTC broke a level like this, we pumped 375%.” Source: The Crypto Dog/X Looking at the trader’s chart, he seems to predict that Bitcoin’s breakout surge will begin after BTC takes out its immediate resistance…
[ad_1] Solana-based meme coin Dogwifhat (WIF) has seen a significant price and market capitalization surge over the past two weeks, recording a 68% increase in value during this period. WIF reached $2.81 on Monday, marking its highest monthly valuation. The token’s market cap has also experienced significant growth, nearly doubling in just one month from $1.5 billion to its current market cap of $2.8 billion. Nevertheless, experts anticipate further growth in WIF’s market capitalization, potentially resulting in the token surpassing its previous all-time highs (ATHs). Bullish Predictions For WIF After hitting an ATH of $4.83 on March 31, WIF underwent…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] Tom Higgins | Gold-i Tom Higgins | Gold-i Tom Higgins | Gold-i Tom Higgins | Gold-i Tom Higgins | Gold-i Tom Higgins | Gold-i In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the…
[ad_1] Data shows that the crypto derivatives market has seen high long liquidations in the past day, as Bitcoin tumbled after its recovery of $68,000. Bitcoin Has Been Going Through Some High Volatility Recently The past couple of weeks have seen Bitcoin show some sharp action, with its price significantly recovering from its lows of around $54,000. The past day had seen the cryptocurrency advance further in this rally, with BTC breaking past $68,000. Since this surge, though, the coin has seen a retrace, as it now trades around $66,800. The chart below shows what cryptocurrency’s recent performance has looked…
[ad_1] According to a recent report from CoinShares, Ethereum (ETH) saw an uptick in inflows last week, surpassing Solana’s (SOL) inflows for 2024, coinciding with the impending launch of exchange-traded funds (ETFs) that will allow regulated investment in the US for the second-largest cryptocurrency by market capitalization. ETH Dominates Inflows The report highlights Ethereum’s strong momentum recorded over the past month, with inflows reaching $45 million last week, amounting to the year for over $103 million, outpacing Solana’s inflows year-to-date (YTD). Solana, however, also witnessed inflows of $9.6 million during the same period, resulting in a YTD total of $71…
[ad_1] On Monday, Hong Kong-based gaming software company Animoca Brands, The Open Network (TON) blockchain, Moca Network, and the MOCA Foundation announced a new partnership to catalyze the adoption of the Open Network ecosystem and establish its position for GameFi and Web3 gaming. MOCA And Toncoin Reserve According to the announcement, as part of the partnership, The Open Network Foundation, Mocaverse, and the MOCA Foundation will work together to create a $20 million MOCA coin and Toncoin reserve, the native token of the Layer 1 (L1) blockchain. This reserve will incentivize developer and user adoption of the Open Network ecosystem…
[ad_1] Ethereum price is still struggling to clear the $3,500 resistance zone. ETH is now consolidating and might make another attempt to clear $3,550. Ethereum is consolidating below the $3,550 resistance zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a clear move above the $3,500 resistance zone. Ethereum Price Holds Gains Above $3,450 Ethereum price remained in a bullish zone above the $3,420 resistance…
[ad_1] Crypto analyst RLinda has made a bullish case for Bitcoin, suggesting that the flagship crypto could soon hit a new all-time high (ATH). She also provided reasons why Bitcoin could rise to as high as $90,000. Why Bitcoin Could Rise To As High As $90,000 RLinda mentioned in a post on TradingView that fundamental and technical preconditions support further price growth for Bitcoin, which could send its price to as high as $90,000. On the Fundamental side, she noted that the market is waiting for the Spot Ethereum ETFs launch, which would be “another positive lever for the cryptocurrency…