Solana (SOL) Becomes 4th Largest Crypto After Rallying Past $140
Solana (SOL) jumped over 7% to become the 4th biggest cryptocurrency by market cap as it climbed above $140 amid Bitcoin’s latest rally toward a new all-time high price.
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Bitcoin Soars to Two-Year High, Nears Record Levels
Bitcoin rallied to a two-year high today, breaking above $68,000 as a surge of investment flows propelled the cryptocurrency within striking distance of its all-time record. The price hit a session high of $68,580, just shy of the record $68,999.99 set in November 2021.
China Warns Against Bitcoin Risks Despite Crypto Trading Ban
Chinese state media outlet Economic Daily cautioned investors about Bitcoin risks amid the crypto’s price rally, as China maintains its ban on crypto trading and services.
AfreecaTV BJ Star Loses $1.6M in Elaborate Crypto Scam
A South Korean court has jailed a crypto scammer for 5 years for stealing over $1.6 million worth of crypto from an AfreecaTV broadcasting star through an elaborate scheme involving fake Bitcoin wallets and investment promises.
Bitcoin’s Moon Shot No Cure for Crypto’s Regulatory Woes
Bitcoin’s surge past $60,000 has renewed crypto market optimism, but Hong Kong’s planned crackdown on small crypto shops illustrates the industry’s uneasy fit with regulation.
Marathon Digital Unveils Bitcoin Layer 2 Anduro for Miners
Crypto mining firm Marathon Digital introduced Anduro, a new Bitcoin layer-2 platform focused on supporting sidechain development while allowing miners to earn extra income.
Coinbase Users See Zero Balances Amid Bitcoin Surge and Abrupt Fall
Coinbase suffered tech problems like zero balances as Bitcoin hit $64K then dropped 4% in minutes; exchange said aware of errors amid high traffic.
Peter Schiff Doubles Down on Bitcoin Criticism, Calls BTC “Digital Anti-Gold”
Renowned economist Peter Schiff has sparked controversy after calling Bitcoin “digital anti-gold,” rejecting the idea that it is digital gold. He argues Bitcoin is a bet against gold and inflation hedge, not a store of value. The crypto community strongly disagrees.
Bitcoin Price Could Hit $305K by 2025 According to Prediction
A 40-year market veteran predicts Bitcoin could surge to $305,000 by 2025, nearing gold’s $6 trillion monetary value, as BTC taps $86,000 again on its way to surpass its former $93,000 record price.
Bitcoin Traders Flock Back as Prices Soar
Rising Bitcoin prices are attracting speculators back to the market, with short-term holders and institutions driving up exchange activity and open futures interest.