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Bitcoin (BTC), the world’s largest cryptocurrency has been trying to reach the coveted $100,000 mark for a while now. But it seems like several hurdles stand before the king coin. More recently, after surging all the way to a high of $99,655.50 Bitcoin dipped to a low of $91,094. This came as a shock to the market. But it is worth highlighting how much the asset has grown over the past decade. Also Read: How High Can XRP Rise In December 2024? Bitcoin’s Current Scenario After surging by more than 2% over the past 24 hours, BTC was trading at $95,242.61, during press time. The asset has grown by over 33% throughout the last month. This further put a staggering 98% of Bitcoin investors at a profit. A dainty 1% of the king coin holders were not making any money at its current price. This drop was related to increased selling activity. The majority of the selling “ is coming from 2024 buyers who bought above 56k ,” Galaxy Digital CEO Mike Novogratz recently said. ...

The Shiba Inu (SHIB) network has been one of the best-performing assets over the years. The second-largest meme coin managed to change the lives of many since its origin. The asset’s rise in the 2021 rally is an essential part of the cryptocurrency book. But SHIB’s latest rise has led several investors revaluating their choices. Also Read: Solana: VanEck Exec Predicts SOL ETF Launch: Here’s When Shiba Inu’s Recent Spike Shiba Inu was one of the top performers over the past month. Similar to Dogecoin (DOGE), the second largest meme coin, Shiba Inu, recorded a notable uptick. This Donald Trump-induced spike brought about great gains for investors. SHIB surged by over 30% over the past month. The asset went from trading at a low of $0.00001665 to a high of $0.00002938. At press time, SHIB was trading at $0.000025 following a 1.59% dip over the past 24 hours. Source The asset even reached an all-time high of $0.00008845 about three years ago in 2021. Currently, SHIB is 71%...

Central bank digital currencies will change how money works worldwide. A new Juniper Research study shows their use will grow by 2,430% in seven years. Their report says CBDC payments will rise from 307.1 million in 2024 to 7.8 billion by 2031. Source: Global CBDCs & Stablecoins Market: 2024-2031 Study Banks want this growth to protect their control over money from card companies and stablecoins. This growth in digital currency significantly changes how we handle payments. Also Read: Dogecoin (DOGE) To Peak And Target $0.175, Expert Shares Exploring the Future: CBDC Surge, Market Impact, and Financial Revolution Record-Breaking Global Adoption Source: AtlanticCouncil CBDC Tracker More countries now use central bank digital currencies than ever before. The number jumped from 35 in May 2020 to 134 countries today. These nations make up 98% of the world’s money. The study shows that 66 countries are in the late stages of CBDC development. All G20 nations have joined in. Right now, 44...

Solana (SOL) has seen a significant uptick in activity, driven by the rapid adoption of PayPal’s (NASDAQ: PYPL) U.S. dollar-pegged stablecoin (PYUSD) on its network.  Notably, Solana has overtaken Ethereum (ETH) as the primary network for PYUSD, with more than 51% of the stablecoin’s total supply now residing on the Solana blockchain.  This milestone is significant, especially considering that PYUSD initially launched on Ethereum in August 2023, where it quickly gained traction. Picks for you Binance announces the launch of Toncoin (TON) on Binance Launchpool and Super Earn 2 hours ago Ethereum price prediction with US CPI data release 4 hours ago ...