Author: cryptotechbro
Este artículo también está disponible en español. After surpassing its $100,000 milestone, Bitcoin (BTC) recorded its largest retrace in the past month before recovering. Amid the flagship crypto’s performance, some analysts have suggested the levels to watch and the next stops for BTC’s rally. Related Reading Bitcoin Rally To Continue Above $100,000 On Thursday, Bitcoin hit its latest all-time high (ATH) of $103,600 in an 8% daily jump. The largest cryptocurrency by market capitalization broke out of a one-month bullish pennant and smashed past the $100,000 barrier for the first time in history. After the impressive surge, BTC retraced to…
In its 2024 annual report, the FSOC said that stablecoins are “acutely vulnerable to runs absent appropriate risk management standards.”
Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that went into producing the bitcoin. As with any free market system, the value of a widget (in this case bitcoin) is determined by the cost of producing the widget plus the various levels of profit margin needed to get from manufacturing to the consumer. If someone has an innovative ability to supply something that no one else can and there is a large demand for this product then they have…
Data from CryptoQuant has revealed how institutional investors have been the drivers behind the latest Bitcoin surge above $100,000. Bitcoin Coinbase Premium Index Has Been Positive Recently In a new post on X, the on-chain analytics firm CryptoQuant has discussed the latest trend in the Bitcoin Coinbase Premium Index. The “Coinbase Premium Index” refers to a metric that keeps track of the percentage difference between the BTC price listed on Coinbase (USD pair) and that on Binance (USDT pair). The indicator tells us about how the buying or selling behaviors differ between the user bases of these cryptocurrency exchange giants.…
Este artículo también está disponible en español. President-elect Donald Trump, now a vocal supporter of Bitcoin, took to social media to congratulate cryptocurrency holders on surpassing the $100,000 milestone for the first time in history. Bitcoin Price Surpasses $100,000 In a post on Truth Social, Trump expressed his excitement and support, stating, “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!” Trump’s Bitcoin endorsement aligns with his campaign promises to position the United States as the “crypto capital of the world.” His administration, set to begin on January 20, 2025, is expected to implement significant regulatory changes…
MicroStrategy’s Bitcoin treasury is worth more than $40 billion after BTC surpassed $100,000 per coin.
Four asset managers are seeking approval to offer the first XRP exchange-traded funds (ETFs) in the United States. Several asset managers have applied for spot ETFs involving XRP, the third largest cryptocurrency by market cap, according to recent filings. WisdomTree filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on Dec. 2, outlining plans to create shares of an exchange-traded fund. The fund would hold XRP and provide exposure to the token’s price. WisdomTree aims to list the fund on the Cboe BZX Exchange. According to the filing, WisdomTree Digital Commodity Services would act as sponsor,…
The XRP price action in the past few weeks has been nothing but phenomenal. Particularly, the XRP price has surged by over 460% from its $0.5 range at the beginning of December to peak at $2.82 within the last 24 hours. This notable surge has brought XRP into the spotlight, with various discussions on social media and crypto trading forums around long-term predictions for the cryptocurrency. Among the voices celebrating this achievement is crypto analyst EGRAG CRYPTO, who revisited a bold forecast made in 2022 that accurately predicted that the XRP price will reach $2.82. His recent post on the…
PRESS RELEASE – (Nasdaq: SVCO), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, is proud to announce its participation in the Semiconductor Manufacturing and Advanced Research with Twins (SMART) USA Institute. This first-of-its-kind initiative, part of the CHIPS Manufacturing USA program under the CHIPS and Science Act, focuses on leveraging digital twin technologies to advance semiconductor design, manufacturing, and packaging. The Department of Commerce’s CHIPS for America program has entered into negotiations to provide Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) $285 million to establish and operate…
Unyted we (meta) stand Many of the fancy metaverse projects take loooong to build and often require developers and budgets just to stay alive. In fact, one of my favorite ones had the whole company collapse around it in the build phase. I absolutely love what we’ve built with Superworld, for example, and what we’re about to release with Asvoria. Both of these require heavy machinery and rotation to come to life—and to be maintained. Enter Unyted and my newest spatial Web3 space, which allows me to deliver fluent, up-to-date presentations on what’s happening now while also providing an overview…