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The bear market from 2022 seems to be over, considering rising Bitcoin (BTC) prices in recent weeks. Altcoins, including Cardano (ADA), Meme Moguls (MGLS), and Fantom (FTM), have also been trending higher. Cardano surging ADA has been trending higher in the last three weeks to around $0.39 when writing. The uptick could be credited
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The Arbitrum blockchain project, together with Gitcoin Winter, is launching three donation programs. According to the project team, as part of The Arbitrum Citizens Retrofunding Round #1, the community will help us distribute 100,000 ARB to the Arbinauts that have proactively stepped up and impacted the governance and processes of the
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After Bitcoin price closed above $32k last week, the macro bullish outlook was confirmed amid heightened institutional demand. The transition of the crypto winter to the spring season and a parabolic bull run are expected to take place in the coming months. As the trial for Sam Bankman-Fried (SBF), the former
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Fink, of course, used to be an avowed crypto skeptic, someone who was more interested in Bitcoin’s environmental footprint than its potential as a safe-haven asset. Now this bellwether Wall Street figure is trumpeting Bitcoin live on national TV. And actually crypto winter may have ended before last week, if
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The Justin Sun Group, including TRON, HTX, Poloniex and TUSD, reported a 14% increase in revenue from the previous quarter. Sun suggests that the ability to sustain revenue growth in these adverse conditions presents a more promising fourth quarter as the market displays signs of recovery. Better conditions to come In a post
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BTC's price hasn't seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals. Source
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Analysts see signs indicating that the notorious crypto winter ‘may be in the past’ with crypto spring ‘is likely on the horizon.’ The crypto market is showing signs indicating that the crypto winter may finally be over and that crypto spring “is likely on the horizon,” according to Morgan Stanley’s analysts. In
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“By intentionally limiting the supply of new bitcoin, the shortage caused by the halving can affect the price of bitcoin to potentially spur a bull run,” Galindo said, adding that there have been “three such runs on bitcoin since its inception, each lasting 12 to 18 months after the halving.” Source
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BLOCKCHAIN BAKE-OFF! In July, when the smart-contracts blockchain Celo proposed to ditch its independent “layer-1” status in favor of becoming a layer 2 network atop Ethereum, the people behind the project may have had little inkling of just how popular they would become. Now there’s suddenly a burst of competition
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Chainalysis said that Hong Kong dominates in large institutional crypto transactions compared to other Asian regions. Its data shows that 46.8% of Hong Kong's annual crypto trades were institutional transactions exceeding $10 million, while retail trades under $10,000 accounted for just 4% of the City’s volume, marginally below the global
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