3 reasons why Bitcoin price rallied toward $45K entering March
The gains accompanied a sharp overnight spike in the number of Bitcoin whale addresses. Bitcoin (BTC) extended its gains, hitting nearly $45 thousand on March 1 as interest rate speculators reduced their bets on aggressive rate hikes in 2022 and the number of whale addresses spiked amid speculations that BTC is proving itself as an apolitical safe-haven.Traders reduce half-point bets for MarchBTC's price surged more than 4% to reach nearly $45,000, a day after recording its biggest one-day increase since February 2021 as a flurry of sanctions on Russia, including a ban from accessing the....
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The price of Ethereum (ETH) hit $500 on Binance for the first time since July 2018. The timing of the ETH rally is noteworthy because it comes merely two days after it dropped to $456. Within two days, from its lowest point on November 18, ETH has rallied by nearly 10%. Several key reasons appear […]
Livepeer price quickly rallied to a new all-time high shortly after Grayscale Investments revealed a new product offering. Every bull market is marked by a particular trend which which catalyzes and sustains the uptrend in asset prices. In late 2020 Ether (ETH) led the way as the network saw a surge in activity due to the growing popularity of the decentralized finance (DeFi) sector and the expectation that the altcoin would rally into the Eth2 launch. As further signs of institutional money entering the cryptocurrency sector increase, the ‘Grayscale bump’ has emerged as the newest 'trend'....
Everipedia price spiked to its highest level in years following the project's pivot toward NFT art. Non-fungible tokens (NFTs) continue to take the world by storm as evidenced by the March 16 announcement that Sotheby's would be entering the NFT game by facilitating the sale of tokenized art by the anonymous artist known as "Pak."The latest cryptocurrency project to receive a boost from NFT related activities is Everipedia (IQ), a blockchain-based encyclopedia that has the vision of creating “a world where all knowledge is available to all people.”The Everipedia ecosystem also includes....
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