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Category Archives: Coins
Cover image via U.Today 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 […]
Tom Lee, Fundstrat Global Advisors co-founder, has defended his highly ambitious $150,000 Bitcoin price target during a recent interview with CNBC. Lee says that there are tailwinds that are associated with the recent Bitcoin halving. He has also noted that Bitcoin exchange-traded funds have experienced tremendous inflows. As reported by U.Today, these products are currently experiencing significant […]
Cover image via U.Today 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 […]
Galaxy Digital CEO Mike Novogratz recently told Bloomberg that Bitcoin, the flagship cryptocurrency, could enter a six-digit territory as soon as this year. Given that major institutional investors are now jumping on the Bitcoin trend, there are not a lot of sellers, according to Novogratz. If the Bitcoin price manages to take out the make-it-or-break-it […]
The BNB cryptocurrency has reached a new all-time peak of $710 earlier today, according to CoinGecko data. The fourth-largest cryptocurrency is currently valued at $106 billion after spiking roughly 16% over the last week. Notably, open interest in BNB has more than doubled on Wednesday amid the massive price rally. Binance comes in first place when […]
Yesterday, Aug. 1, 2024, Bitcoin (BTC) mining difficulty reached a historic peak following a significant increase of 10.5%, reports Galaxy’s Head of Research Alex Thorn. In percentage terms, this rise is the 24th largest since 2016, the 73rd since 2012 and the 119th largest of all time. However, in absolute terms, says Thorn, this marks the largest […]
Cover image via www.youtube.com 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 […]
In a social media post, Tether CEO Paolo Ardoino has dismissed the idea of allocating a portion of the company’s profits to Ethereum, the second-biggest cryptocurrency by market cap. Ardoino has picked Bitcoin over Ethereum due to the former’s immutability and limited supply. “Bitcoin is immutable. Only 21 million coins. Easy choice,” he said. Last […]
Charles Hoskinson, the creator of Cardano (ADA), recently addressed criticisms from crypto influencers and media, highlighting a disconnect between public perception and the project’s actual progress. He emphasized Cardano’s significant advancements and bright future, particularly with the upcoming Chang Hard Fork, set for the second half of 2024. Related Hoskinson outlined the event as a key […]