Author: Roland Guirdonan

Article written by Roland Guirdonan

James Howells battles Newport Council to search a landfill for a lost hard drive holding 8,000 Bitcoin

December 9, 2024 1 min read

James Howells, who lives in Newport, is trying to find a hard drive with 8,000 Bitcoin worth about $800 million that he accidentally threw away in 2013. The Newport City Council has repeatedly denied his attempts to search a local landfill for the drive. They say that once items are thrown away, they belong to the council and cannot be taken back or sold. Howells wants to give 25% of

Crypto trading on exchanges hits $10.4 trillion in November

December 5, 2024 1 min read

In November, centralized crypto trading hit a significant milestone, reaching $10.4 trillion in volume, according to CCData. This increase was mainly caused by derivatives trading, which made up most of the activities on centralized exchanges. Trading volume went up along with positive changes in regulations and more interest from institutions in cryptocurrencies. People felt hopeful about Donald Trump’s election win, which led to expectations for friendlier rules for cryptocurrencies. This

MOODENG price surges by over 68% after Coinbase announced listing

December 2, 2024 1 min read

Moo Deng (MOODENG), a meme coin inspired by the viral baby hippo craze in Thailand, has seen a dramatic price surge following a significant announcement from Coinbase. On December 2, Coinbase revealed that Moo Deng was added to its listing roadmap, prompting a 66% price increase as the community reacted positively to the news. This development has propelled MOODENG back to levels seen around November 18, recovering from a recent dip after

Over $10 billion in Bitcoin and Ethereum options expire today

November 30, 2024 1 min read

Today marks a significant day for the crypto market as over $10 billion worth of Bitcoin and Ethereum options are set to expire. This event could have a significant impact on market trends and potentially cause short-term volatility. Analysts are closely monitoring the put-to-call ratios for both BTC and ETH options. A higher preference for call options indicates bullish sentiment among traders. However, the maximum pain points for both assets

Elon Musk’s recent Dogecoin-themed meme raised questions about potential market manipulation

November 26, 2024 2 mins read

Elon Musk’s recent social media posts referencing “D.O.G.E.” have once again raised questions about his influence on Dogecoin (DOGE). A recent tweet mentioning the “Department of Government Efficiency (D.O.G.E.)” caused a brief spike in DOGE’s price, even though Musk’s reference was tied to a political project rather than the cryptocurrency itself. This pattern has led to speculation over whether Musk intentionally impacts the meme coin’s value through his posts. Musk

Bitcoin surpasses $97K, nearing $100K

November 21, 2024 1 min read

Bitcoin (BTC) has surged past $97,500, nearing the $100,000 milestone, driven by a pro-crypto U.S. government and renewed market optimism. This rally, dubbed the “Trump trade,” gained momentum after the Republican election victory and Federal Reserve rate cuts, boosting risk appetite across asset classes. BTC’s 30% rise over 14 days has brought its market capitalization close to $2 trillion. Institutional interest has further fueled the rally, with BlackRock’s IBIT options—tracking

The chance of Bitcoin reaching $100,000 by year’s end surges to 72%

November 20, 2024 1 min read

The likelihood of Bitcoin (BTC) reaching $100,000 by the end of 2024 has surged to 72% on Polymarket, a prediction platform. This optimism stems from growing institutional interest, improving macroeconomic conditions, and anticipation around regulatory advancements, especially in the U.S. Key drivers of Bitcoin’s rally include declining inflation and lower interest rate expectations, which have boosted investor confidence. Speculation about the approval of a spot Bitcoin exchange-traded fund (ETF) is

Metaplanet to raise over $11.7 million in bonds to buy Bitcoin (BTC)

November 19, 2024 1 min read

Japan-based Metaplanet, listed on the Tokyo Stock Exchange, has announced plans to deepen its Bitcoin (BTC) investments. On November 18, the company revealed it would issue ¥1.75 billion (approximately $11.7 million) in one-year bonds at a 0.36% interest rate to fund additional BTC purchases. Already holding over 1,000 BTC, Metaplanet aims to cement its position as a leading Bitcoin treasury in Japan. Often compared to U.S.-based MicroStrategy for its aggressive

Nearly $4 billion in Bitcoin and Ethereum options expire

November 17, 2024 1 min read

Nearly $4 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts are set to expire today, raising concerns about potential market volatility. With $3.4 billion in Bitcoin and $581 million in Ethereum options at stake, traders anticipate possible price fluctuations, especially as both assets have experienced recent declines. Bitcoin’s put-to-call ratio of 0.85 and Ethereum’s 0.92 indicate a bullish market sentiment, with more bets on price increases (calls) than decreases

Bitcoin’s surge propels Coinbase and Robinhood to top app rankings

November 15, 2024 1 min read

The recent Bitcoin (BTC) rally has sparked a resurgence in retail interest, driving cryptocurrency trading apps like Coinbase and Robinhood to climb global app store rankings. Coinbase made a dramatic leap from 435th to 9th place, reflecting renewed enthusiasm among retail investors eager to engage with Bitcoin’s rising value. Robinhood also surged to 13th, while CashApp ranked 30th, signaling increased demand for accessible trading platforms. Historically, Bitcoin price spikes have

Litecoin partners with Coinut to launch Wrapped Litecoin (WLTC) on Ethereum

November 13, 2024 1 min read

Litecoin (LTC) has teamed up with Coinut, a crypto exchange based in Singapore, to introduce Wrapped Litecoin (WLTC) on the Ethereum blockchain. This exciting development allows Litecoin holders to tap into Ethereum’s diverse features, such as staking, lending, and decentralized applications (dApps), enhancing the overall utility and liquidity for Litecoin users. The WLTC will maintain a 1:1 value with Litecoin, facilitating smooth transactions between the two networks. Coinut’s CEO, Xinxi

Bitcoin trading volume hits over $62 billion after BTC surges over $80K

November 10, 2024 1 min read

Bitcoin has made headlines today by hitting a remarkable all-time high of over $80,000, currently trading at around $79,688. This represents a modest increase of 0.96% over the last 24 hours, with a trading volume nearing $62 billion, bringing its total market capitalization to an impressive $1.52 trillion and a market cap ratio of 3.38%. The recent surge in Bitcoin’s price reflects strong demand, bolstered by positive technical indicators and