An observer suggests that the revitalized profitability of short-term holders serves as a promising indication for the near-future price dynamics.
Bitcoin Maximum Price
Bitcoin Maximum Price latest news, images, analysis about Starting the year under $4,000, the price of Bitcoin rose nearly $10,000 to hit $13,880 by the middle of the year. Yet these gains did not prove to be sustainable. Bitcoin bled out over the next six months, a handful of pumps notwithstanding, and ended up closing the year around $7,160. See more
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CoinDesk's recent article sheds light on the escalating politicization of cryptocurrency matters, as exemplified by the contentious battle over a bitcoin mining facility in Upstate New York10
Nike's .SWOOSH NFT drop encountered several stumbling blocks, whereas a Bitcoin NFT collection soared to the top of the charts, and the momentum of NFT lending continues to grow.12
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Hong Kong Securities Regulator to Commence Accepting Crypto Exchange License Applications from June 1st
The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.15
On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.23
The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.24
Data from CryptoSlam, a platform tracking cryptocurrency statistics, reveals that NFTs built on the Bitcoin network have generated an impressive $167 million in the last month, rapidly approaching Ethereum's leading position.10
The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.20