Bitcoin is back in the top 10 most valued assets in the world. The throne is in sight.
Bitcoin is back in the top 10 most valued assets in the world. The throne is in sight.
While Bitcoin started 2023 with an explosive surge of over 140% since January, Ethereum remains lagging behind. However, despite solid fundamentals, ETH is still trading 54% below its all-time high. Undervalued, it could soon catch up and take off.
While investors and crypto traders are busy taking advantage of the current rise in the price of bitcoin, Elon Musk is choosing a different path. The billionaire, who has ambitions of colonizing the moon, has decided to make a massive investment in artificial intelligence. X AI, the company he has created for this purpose, has just launched an extraordinary fundraising campaign of 1 billion dollars. Its goal? To revolutionize artificial intelligence. Let's talk about it.
The transfer of the cryptocurrencies earned from this drop will occur in mid-January.
Transaction fees in bitcoin have skyrocketed in recent days due to what is known as "mempool congestion".
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The Bitcoin network is experiencing unprecedented congestion in recent days, caused by a massive influx of transactions related to BRC20 tokens. Nearly 300,000 transactions are waiting to be confirmed, saturating miner memory and driving fees to record levels.
Since January 2023, bitcoin (BTC) has experienced several breakthroughs that have caused its value to skyrocket. The asset has repeatedly reached the $30,000 mark. A resistance level that it vigorously broke through to reach the $40,000 mark, double its price at the beginning of the year. The asset is currently trading around $43,655 after a 4.52% increase in the last 24 hours. Bitcoin (BTC) is showing a level of dynamism that we haven't seen in several months. However, in this context, some financiers believe that all the hype surrounding the flagship cryptocurrency is biased. Let's see in the following lines what this is all about.
Bitcoin is in a state of euphoria. Driven by growing enthusiasm from professional investors, bitcoin has just surpassed the $44,000 mark, dangerously approaching its all-time high set just one year ago. A telltale sign is the explosion in the volume of futures contracts traded on dedicated platforms. Here's the explanation.
Every economic ecosystem has a circle of people pulling the strings in some way to influence decisions. This is the mission of lobbyists, and there are many in the American crypto industry. Recent data shows a clear increase in funds injected by them to promote crypto activities.