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Declining Bitcoin Dominance Amidst Rapid Growth of Ethereum and Altcoins
... likelihood of consolidation. Resistance is located at $104–106K; overcoming this range could elevate the price target to $110–115K. Overall, the continued growth of Bitcoin depends on new investments and regulatory responses to the rising market capitalization of cryptocurrencies.
Technical Analysis of Ethereum
Ethereum is confidently reaching new annual highs and consolidating in a narrow range of $2,300–2,400. The current bullish breakout provides support at $2,100–2,200, which must hold for growth to continue....
Binance Coin (BNB) Price Prediction May 2025
... the key digital assets in the cryptocurrency market, with high significance for the industry. Initially released as a utility token by the Binance exchange to reduce fees, BNB is now developing into a full-fledged ecosystem. BNB is one of the largest cryptocurrencies by market capitalization (ranked 3rd in the world in 2021) and serves as the basis for the BNB Chain blockchain, which supports smart contracts, decentralized applications (dApps), and other services. With a close connection to the largest crypto exchange Binance ...
16 Years of Bitcoin: From Initial Steps to $100,000 and Beyond
... Discover how the first cryptocurrency is changing the world and what the future holds for it.
16 Years of Bitcoin: From Its Inception to $100,000 and Beyond
On January 3, 2025, Bitcoin will celebrate its 16th anniversary. Over this time, the first cryptocurrency in the world has transitioned from an experimental technology to a recognized financial asset with a market capitalization exceeding $1 trillion.
The Genesis and Evolution of Bitcoin
In October 2008, a paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" was published under the pseudonym Satoshi Nakamoto, outlining the principles of a decentralized ...
Bitcoin – Pros and Cons
... Bitcoin celebrated its 12th anniversary, and today it is more popular than ever before.
Institutional and private investors are gravitating towards the cryptocurrency market, favoring Bitcoin, whose price is reaching new highs every day.
The market capitalization of the cryptocurrency market is approaching $1 trillion.
Nevertheless, this attractive asset has its pros and cons.
Pros
Bitcoin boasts one of the best ROI (Return on Investment) metrics compared to other financial assets.
In 2020, Bitcoin outperformed gold,...
Signs of Growth in Cryptocurrency
... r/Ethereum welcomed 40,000 new participants, while r/Ethtrader added 400,000.
Users on the platform have shown increased interest in cryptocurrencies amidst a successful investment campaign in GameStop's stocks. This phase of retail investors has been marked ... ... against the titans of Wall Street.
The WallStreetBets community was formed to declare a digital war on financial investor Melvin Capital, hedge fund Citadel, and trading app Robinhood. Their weapon of choice has been the stocks of companies that have plummeted ...