↑ Cryptocurrency Mints Record Highs: HIGH Coin in the Epicenter
Bitcoin recently established a new all-time high , the latest in a series of record-breaking performances by the leading cryptocurrency. Ark...
In a series of impactful updates about cryptocurrencies, the latest information hitting various platforms has set the tone for an anticipatory period for the cryptocurrency ecosystem. Bitcoin whale volume from exchanges has reportedly reached a 9-year high, creating quite a stir among market analysts widely predicting a likely Bitcoin price bottom. Moreover, a notable hike in global liquidity has pushed many to anticipate a parallel rise in Bitcoin. There's buzz around MicroStrategy Bull raising the price target to Wall Street High, increasing the enthusiasm for investment.
On the meme coin front, some projects are presenting high return potential. Coins like $MGMES, $SHIBASHOOT, and $PEPU are the ones to look out for in the next bull run. Meanwhile, coins drawing inspiration from Dogecoin such as NEIRO are hitting new all-time highs.
Interestingly, former US president, Donald Trump has revealed limited edition Bitcoin sneakers titled 'Crypto President High Tops'. This comes along with the fact that Bitcoin price and network difficulty have hit a six-week and record high respectively. Entities like the University of Wyoming are launching institutes to produce high-quality publications on Bitcoin to further contribute to the crypto knowledge pool.
Altcoins are also in the limelight with Ethereum's price rising significantly amidst spiked institutional interest. Even so, other cryptocurrencies like Solana are setting up new standards with nearly 27% July gains and hitting their near-yearly highs.
The President of the United States' endorsement has resulted in the Bitcoin price rallying and reaching a 16-month high. Amidst all this, Coinbase's stock has continued to impress with an upswing of 8.1% over the last week. However, they recently received a fine from the UK regulator for lapses in onboarding controls.
HIGH Coin News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Fri, 02 Aug 2024 23:21:44 GMT - Rating 10 - Innovation 7 - Information 8 - Rumor 6
