Author: Digicoinvision
Bitcoin climbed to an all-time high above $124,000 on Thursday, stoking fresh optimism that the next leg of price discovery could push the cryptocurrency’s market value toward Apple’s $3.4 trillion.Bitcoin (BTC) hit an all-time high of $124,457, leading the world’s first cryptocurrency to briefly surpass Google’s $2.45 trillion market capitalization, becoming the fifth-largest global asset.“Bitcoin all-time high and it’s only Wednesday,” said Gemini co-founder Tyler Winklevoss in an X post, triggering a wave of optimistic responses, including from popular investor Kyle Chassé, who predicted that this would be the “best week for Bitcoin.”Bitcoin’s new milestone has inspired a new wave…
Cardano (ADA) has surged past the $1 mark for the first time in months, gaining over 20% in the past 24 hours. The breakout, from $0.8454 to $1.01, signals renewed bullish momentum after a prolonged downtrend. Related Reading ADA’s rally comes as traders spot a Golden Cross, when the 50-day moving average crosses above the 200-day, which historically has triggered explosive moves. In late 2024, this same pattern fueled a 236% rally, taking ADA from $0.39 to $0.93 in just 27 days. Applying similar gains to today’s prices points to a potential $3 target, a projection that has sparked excitement…
Crypto exchange Coinbase closed the acquisition of Deribit, the world’s largest crypto options trading platform by volume, adding to its portfolio of digital asset businesses.Trading volumes on Deribit topped $1 trillion in 2024, and the platform has a “loyal base” of institutional and sophisticated traders, Coinbase said on Thursday.Coinbase agreed to acquire Deribit for $2.9 billion in May as part of its international expansion strategy.The exchange continues to branch out and serve different segments within crypto, and offers a perpetual futures platform, a prime brokerage, a spot retail trading platform, institutional lending services and asset custody for clients in an…
Perplexity AI, developer of an AI-powered search engine, is reportedly preparing for another funding round at a $20 billion valuation. The capital could fund the company’s recent $34.5 billion bid to acquire the Google Chrome browser.The target valuation is $2 billion higher than Perplexity’s previous $18 billion mark from its July 2025 fundraise, according to Business Insider. The company’s worth has surged 3,746% since January 2024, when it was valued at $520 million.On Tuesday, Perplexity made an unsolicited $34.5 billion offer to purchase the Google Chrome browser, a product that has been the subject of an ongoing Google antitrust case.…
Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000.According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak.The sudden dip rippled across the broader crypto market. Ethereum fell 4% to $4,581, while XRP dropped over 3% to $3.11. Other top-ten coins, including Dogecoin, Solana, and BNB, also saw losses exceeding 3% in the same timeframe.This correction follows a period of sustained bullish momentum that had pushed the broader market to…
Key Takeaways Bitcoin has notched a fresh all-time high, pulling altcoins up with it. But can BTC hold dominance, or will a rotation into alts push BTC.D lower? Zooming in, Bitcoin [BTC] is consolidating at the $120k support, using it as a launchpad, and validating the structure with back-to-back all-time highs, the latest breaching $123K. Q3 Crypto Outlook However, an intraday pullback of 1.47% signals weak follow-through momentum. The result? BTC’s market cap retraced from $2.46 trillion to $2.41 trillion, marking a $50 billion contraction. Meanwhile, the broader crypto market tracked this move, slipping from $4.20 trillion to $4.15 trillion,…
Bitcoin price experienced a significant pullback to $118,000 after briefly surpassing Google parent Alphabet’s market capitalization to become the world’s fifth-largest asset, highlighting Bitcoin’s growing institutional prominence despite continued volatility. Bitcoin price reached an all-time high of $124,283 in early Asian trading on Thursday, pushing its market capitalization to $2.46 trillion and temporarily overtaking Alphabet’s $2.448 trillion valuation. However, the milestone was followed by a sharp correction as traders took profits and U.S. inflation data triggered broader market uncertainty. The recent surge and subsequent correction demonstrate Bitcoin’s maturing market dynamics. While volatility remains a factor, institutional participation is creating more…
After bitcoin surpassed $124,000, some analysts suggest that the cryptocurrency may be entering a rapid growth phase, with potential price targets between $131,000 and $177,000. Record-Breaking Rally and Market Capitulation On Aug. 13, bitcoin (BTC) broke past the $124,000 mark to set a new all-time high and pushed the crypto economy’s total market capitalization to […]
Special thanks to Sacha Yves Saint-Leger & Joseph Schweitzer for review. Sharding is one of the many improvements that eth2 has over eth1. The term was borrowed from database research where a shard means a piece of a larger whole. In the context of databases and eth2, sharding means breaking up the storage and computation of the whole system into shards, processing the shards separately, and combining the results as needed. Specifically, eth2 implements many shard chains, where each shard has similar capabilities to the eth1 chain. This results in massive scaling improvements. However, there’s a less-well-known type of sharding…
Global grocery giant Spar is enabling stablecoin and cryptocurrency payments in its stores across Switzerland, marking what the company says will be the first nationwide rollout of digital asset payments in the retail sector.The grocery chain is partnering with Binance Pay and Swiss fintech firm DFX.swiss to allow customers to pay with more than 100 cryptocurrencies and stablecoins, according to a Thursday announcement shared with Cointelegraph.The service is already live in 100 Spar stores and will expand to the remaining locations in coming months. A full rollout across the country’s Spar network has no confirmed timeline, a Spar spokesperson said.This…