The founder of LookIntoBitcoin, Philip Swift, recently pointed out the significant increase in global liquidity, which has just hit a new all-time high. Swift emphasized that this surge in liquidity is a crucial indicator of how Bitcoin could potentially rise in the current bull run. The global liquidity has now reached a staggering $94 trillion,
Growth
The recent surge in Bitcoin’s price, reaching $70,000, has sparked optimism among long-term holders as they see their investments move into the profit zone. One key indicator of this positive sentiment is the return of the Coinbase Premium, which has now turned positive after trading in the negative since May 18. The Coinbase Premium Index
In a bold move to strengthen its position in the crypto market, Robinhood has recently announced its agreement to acquire the global crypto exchange Bitstamp for approximately $200 million in cash. This acquisition marks a significant step in Robinhood’s efforts to expand its offerings and enhance its global footprint. Bitstamp, founded in 2011, operates in
BNB (BNB) recently experienced a breakout from the consolidation area, signaling a possible significant upward trend. This breakout is a positive indication that the market is recovering strongly, instilling optimism among traders and investors. The fact that BNB surpassed the $700 mark is a clear sign of the bullish momentum. Over the past 24 hours,
In the ever-changing landscape of the cryptocurrency market, Binance Coin (BNB) has emerged as a standout performer, experiencing a remarkable surge of 7% within the past 24 hours. This surge not only reflects the overall positive trend in the market but also positions BNB ahead of the top five cryptocurrencies in terms of performance. Interestingly,
As the crypto market anticipates a bull run in the near future, many investors are eagerly waiting to see how prices will respond. One crypto analyst, known as Crypto Emily, has made bold predictions regarding the prices of several cryptocurrencies. Starting with Bitcoin, she predicts that the price of the leading cryptocurrency will soar to
Venture capitalist and billionaire investor, Chamath Palihapitiya, has made a daring prediction about the future of Bitcoin. According to him, Bitcoin could experience an unprecedented surge in price, reaching a staggering value of $500,000. This ambitious forecast is based on his analysis of Bitcoin’s historical halving cycles, particularly after the fourth halving event that took
XRP price is showing signs of a gradual uptrend from the $0.5080 zone, indicating that bullish momentum may be on the horizon. With the potential to break through the $0.5250 resistance zone, XRP is currently attempting to make a fresh increase above the $0.5120 level. The price of XRP is currently trading above $0.5150 and
In a recent blog post titled “How to get regulatory clarity for crypto,” Coinbase CEO Brian Armstrong urged for a concerted effort to secure regulatory clarity for the crypto industry. He emphasized the importance of supporting pro-crypto political candidates and voting out anti-crypto incumbents as a crucial step in achieving regulatory clarity. Armstrong highlighted the
Recent data from Glassnode indicates that the balances of Bitcoin and Ethereum on centralized exchanges have dropped to record lows. Bitcoin balances on exchanges are currently at 11.6%, the lowest since December 2017, while Ethereum balances have hit 10.6%, the lowest since October 2015. The decline in exchange balances has been attributed to the introduction