Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still HighThe meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, has jumped 71.9% in 30 days. Since Jan. 9, 2023, the overall value of the […]

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Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty IncreaseDuring the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022. Network’s […]

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Analyst Suggests Bitcoin’s Bottom Could Be $50K Assuming BTC Surpasses $200K This Cycle

Analyst Suggests Bitcoin's Bottom Could Be $50K Assuming BTC Surpasses $200K This CycleThe price of bitcoin in October has shown signs of a double-bubble similar to the bull run in 2013, and speculators have been trying to guess the leading crypto asset’s top. On October 20, cryptocurrency market analyst Justin Bennett discussed bitcoin’s possible price floor after it reaches the top. Bennett suggests the end of this […]

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Investor Says Bitcoin Bull Run Is Not Just Getting Started, Run-up Is in the ‘Top of the 7th Inning’

Investor Says Bitcoin Bull Run Is Not Just Getting Started, Run-up Is in the 'Top of the 7th Inning'While bitcoin’s price has been consolidating for quite some time now, every now and then bulls have tried to press the price past the psychological all-time high captured in March. Meanwhile, a few bitcoiners have been saying that the bull market is “just getting started” even though the price has multiplied in value quite a […]

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2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing CryptocurrenciesDigital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the aftermath of Covid-19 responses. Bitcoin prices have been hovering at values not seen since 2017, and the top crypto asset in terms of market cap has gained a whopping 159% since January 5, 2020. In fact, many […]

The post 2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies appeared first on Bitcoin News.

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Previous Bitcoin Bull Run Patterns Suggest Current Run Could See a $160K Top, Possible $25K Bottom

Previous Bitcoin Bull Run Patterns Suggest Current Run Could See a $160K Top, Possible $25K BottomWhile digital currency markets have increased significantly in value a number of crypto asset proponents are wondering how far the next bull run will take them. For instance, the last three bitcoin bull runs saw different price spikes and significant drops below 80% as well. If the next bitcoin bull run follows a similar pattern, […]

The post Previous Bitcoin Bull Run Patterns Suggest Current Run Could See a $160K Top, Possible $25K Bottom appeared first on Bitcoin News.

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Markets Update: BNB, LTC, and XLM Pop, Top Cryptos Consolidate

Markets Update: BNB, LTC, and XLM Pop, Top Cryptos ConsolidateThis past week’s action has seen most leading markets produce little volatility, with the cryptocurrency meta-trend appearing to comprise consolidation while traders wait to see whether BTC can break above $4,000 for the third time in 2019. However, among the top 10 crypto assets by market cap, LTC, XLM, and BNB have been able to […]

The post Markets Update: BNB, LTC, and XLM Pop, Top Cryptos Consolidate appeared first on Bitcoin News.

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Markets Update: Top Cryptos Reclaim Support as RVN Rallies

The leading cryptocurrency markets are attempting to reclaim the losses incurred during Tuesday’s dip, with many crypto assets having rebounded to currently trade above last week’s support zone. In other market action, RVN has been among the top performing markets of the last fortnight, up 145% since Feb. 24. Also Read: Blockfi Launches Interest Bearing […]

The post Markets Update: Top Cryptos Reclaim Support as RVN Rallies appeared first on Bitcoin News.

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Most of 2017’s Leading Cryptocurrencies by Market Cap Have Crashed Out of the Top 15

Few Markets Retain Top Market Cap Ranking After Bull CycleMany cryptocurrencies rose and fell during the 2017 bull market and subsequent year of bearish retracement. While the top four crypto assets by market cap have remained the same over the last two years, more than half of the leading markets as of Feb. 19, 2017 have since fallen from the top 15. Also Read: Markets […]

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