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Bitcoin’s journey through 2024 has been nothing short of dramatic, especially as it crossed the psychologically significant barrier of $100,000. This milestone was celebrated by investors and enthusiasts alike; however, the quick succession of events that followed has suggested a cause for concern. Just hours after breaching this notable threshold, Bitcoin faced a sharp rejection,
Semilore Faleti is not just another name in the ever-evolving world of cryptocurrency journalism; he is a passionate advocate armed with both expertise and a unique perspective. Though his career began in a more generalized writing landscape, Seminore swiftly gravitated toward the intricate universe of cryptocurrencies and blockchains. His fascination with these digital assets stems
In the ever-fluctuating cryptocurrency market, Cardano (ADA) has demonstrated a surprising level of resilience, especially during recent bouts of volatility primarily driven by Bitcoin’s erratic movements. As many digital assets faced significant sell-offs, ADA managed to uphold its position above the crucial support line of $1.15. This stability not only highlights Cardano’s foundational strength but
On December 5, 2024, Bitcoin’s value surged past the $100,000 milestone, prompting an unexpected reaction from The Financial Times (FT) in the form of an apology. Published on FT Alphaville, the publication’s commentary platform, the article has stirred widespread debate regarding the paper’s long-standing skepticism towards cryptocurrency. The apology, penned by City Editor Bryce Elder,
In an alarming incident reported on December 6, a cryptocurrency enthusiast, known by the username “LeftsideEmiri,” found themselves the victim of a devastating social engineering attack, losing a staggering $300,000. This event highlights a growing concern within the cryptocurrency community regarding phishing scams and compromised digital security. LeftsideEmiri’s account serves as a chilling reminder of
In its recent 2024 annual report, the Financial Stability Oversight Council (FSOC) has raised alarm bells about the burgeoning risks that stablecoins pose to overall financial stability. By emphasizing insufficient oversight and the threat of concentrated market power, the FSOC has outlined a critical need for legislative action geared towards establishing a robust federal regulatory
The launch of US Spot Bitcoin Exchange-Traded Funds (ETFs) in January 2024 has heralded a pivotal change in the Bitcoin ecosystem and the cryptocurrency market at large. These financial instruments have not only facilitated larger institutional investments but have also reshaped the broader narrative surrounding Bitcoin. Following their introduction, US Spot Bitcoin ETFs have surged
In the ever-evolving landscape of cryptocurrency, Bitcoin continues to stand out as a figurehead for both enthusiasts and skeptics alike. Recently, Bitcoin made headlines by surmounting the psychological barrier of $100,000 for the first time since its inception. This milestone signifies not only a momentous achievement but also invites scrutiny and speculation about its future
In an era where chaos often reins in the world of cryptocurrency, Samuel Edyme—affectionately known as HIM-buktu—has emerged as a distinctive and compelling voice. His background as a web3 content writer and journalist is marked by versatility and resilience, pairing his talent for writing with a deep understanding of market dynamics. Edyme’s journey into the