Category Archives: Coins

Bitcoin Fixes This? Bitcoiners React to Collapse of Diamonds

Bitcoin Fixes This? Bitcoiners React to Collapse of Diamonds

According to data provided by Barchart, diamond prices have fallen to the lowest level this century.   Simon Gerovich, CEO of Metaplanet, believes that Bitcoin can fix this, pointing to its scarcity. “This is what happens with unlimited supply,” he said in a social media post.  According to a recent report by the South China Morning […]

Christmas Is Over: Bitcoin (BTC) Loses $2 Trillion Market Cap

Christmas Is Over: Bitcoin (BTC) Loses $2 Trillion Market Cap

Cover image via www.freepik.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 […]

Bitcoin Price Might Hit $1 Million Next Year If This Happens, According to Bitwise Exec

Bitcoin Price Might Hit $1 Million Next Year If This Happens, According to Bitwise Exec

Jeff Park, head of alpha strategies at Bitwise Invest, has predicted that the price of Bitcoin might potentially hit $1 million if the US creates a Bitcoin reserve.  “That’s the only math in which Bitcoin can hit $1mm+ in 2025 when it happens,” Park said in a recent tweet.  However, he sees only a relatively […]

There’s Silver Lining for XRP Bulls Following 6% Plunge

There's Silver Lining for XRP Bulls Following 6% Plunge

The price of XRP, the Ripple-affiliated cryptocurrency, is down more than 6% over the past 24 hours, according to data provided by CoinGecko.  However, according to the 100eyes Crypto Scanner, the XRP/USDT pair has formed bullish divergence on an hourly chart.  This indicates that XRP bulls might potentially see a relief bounce in the near […]

Bitcoin’s Largest Options Expiry to Take Place Tomorrow

Bitcoin's Largest Options Expiry to Take Place Tomorrow

According to David Lawant of FalconX, Bitcoin is on track to experience the largest options expiry to date.  As noted by the anayst, there is a whopping $15 billion of option interest on the line. This sum represents 43% of the total current option interest. This expiry would also be three times larger than the one […]

2025 Might Be Year of Corporate Bitcoin Adoption, According to Bitwise CEO

2025 Might Be Year of Corporate Bitcoin Adoption, According to Bitwise CEO

Hunter Horsley, chief executive officer at Bitwise, has predicted that 2025 is going to be the year of corporate Bitcoin adoption.  “It feels like 2025 will be a big year for new corporates adopting the Bitcoin Standard,” Horsley said on social media.  This comes after Bitwise recently filed for an ETF that tracks firms with […]

2024 Crypto Rally Is Over, With Trading Volume Down by 64%

2024 Crypto Rally Is Over, With Trading Volume Down by 64%

This past week, the crypto market has seen massive volatility, while traders follow Michael Saylor’s advice to take a break. The metric, spotted by Santiment, suggests that the 2024 crypto rally has finished. According to the data, the trading volume dropped by 64% to seven-week lows compared to the previous week, which saw Bitcoin hit an […]

NBA’s Pippen Says $1 Million Is ‘Next Stop’ for Bitcoin

NBA's Pippen Says $1 Million Is 'Next Stop' for Bitcoin

Scottie Pippen, one of the biggest NBA legends, has predicted that the Bitcoin price might hit $1 million. You think you’re late to Bitcoin because it hit $100,000. I think I’m early to Bitcoin because it’s $1.7 Trillion Market Cap out of a total $900 Trillion in global assets. Next stop, $1 MILLION $BTC 🔥 […]

Bitcoin to Rocket 10,000%? Pantera Capital Founder Says Yes

Bitcoin to Rocket 10,000%? Pantera Capital Founder Says Yes

Cover image via www.freepik.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 […]

Bitcoin Witnesses Abnormal $161 Million Bullish Whale Activity on Binance

Bitcoin Witnesses Abnormal $161 Million Bullish Whale Activity on Binance

There’s been some unusual activity in the Bitcoin (BTC) market this weekend, as in the last two days a new wallet has withdrawn 2,700 BTC, worth about $256.38 million, from Binance, the world’s largest cryptocurrency exchange. First, this wallet withdrew 1,000 BTC worth $94.43 million yesterday. Less than a day later, another transfer of 1,700 BTC […]