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Showing posts with the label cryptocurrency industry

Bitcoin Ownership Report 2025: Businesses Overtake Retail

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The cryptocurrency industry has witnessed major changes over the years. 2024 and 2025 have been a pivotal year for the world’s largest cryptocurrency, Bitcoin (BTC). Hitting the $100,000 mark has been a notable milestone for the king coin and its investors. Over the years of its existence, the asset went from getting immense backlash to being widely adopted. While BTC was originally made for the average Joe, several institutions have been inclining towards the asset. But a recent report highlights how there has been a major change in Bitcoin ownership in 2025. Also Read: Shiba Inu (SHIB) Eyes 4X Surge as Experts Predict 1,113% Growth by 2027 Individuals Take A Backseat and Make Way For Businesses Source: Watcher Guru According to a study by River, BTC has witnessed a notable rise in businesses owning the king coin. This number has increased by more than 157K so far in 2025. Other areas include funds and exchange-traded funds (ETFs), others, as well as governments. Meanwhile, the n...

Dogecoin: How High Will DOGE Surge In March 2025?

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The cryptocurrency industry recorded a rather bearish February. The second month of the year brought in more losses than gains for a number of assets. The OG meme cryptocurrency, Dogecoin (DOGE), was among the biggest losers of the month. The asset dipped by 34% over the past 30 days. As the month comes to an end, investors are looking forward to registering big profits in March 2025. Also Read: Nvidia Stock: ‘Golden Opportunity’ for Top Investors Ahead of NVDA Earnings Report Dogecoin Price Action Source: Bitpanda During the time of writing, Dogecoin was trading at $0.2300. This comes after a massive drop of nearly 7% over the past 24 hours. The meme coin seems to be struggling towards the end of the month as well. The community is hoping that DOGE doesn’t carry this trend on to March. Source: CoinMarketCap Along with its price, the DOGE market recorded a major setback in terms of network activity as well. According to a prominent analyst, Ali Martinez, the meme coin’s netw...

Shiba Inu: ChatGPT Predicts SHIB Price For 2025

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The cryptocurrency industry witnessed the arrival of a plethora of meme coins. However, none had a bigger impact on the market than Shiba Inu (SHIB). The meme coin has been making headlines since its inception for several reasons. While it started off with its ability to create millionaires and billionaires, the focus has now shifted to SHIB’s utility. But is SHIB’s popularity enough to drive its price? Also Read: Cardano: Buying ADA Dip May Prove Lucrative In Future, Analyst Says Shiba Inu’s Recent Performance and Future Predictions Shiba Inu kicked off the week on a rather good note. The asset witnessed a 7% spike on Monday. But the meme coin’s hot streak was interrupted as SHIB plummeted to a low of $0.00001721 from a high of $0.00001858. This marked a 6.43% drop over the past 24 hours. At press time, SHIB was trading at a low of $0.00001725. Source Also Read: Ethereum: New Proposal Aiming to Increase Throughput 50% Can SHIB Strike Gold In 2025? Several predic...

AI predicts XRP price for August 31, 2024

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After the long-awaited final judgment in the courtroom battle between the United States Securities and Exchange Commission (SEC) and Ripple, in which the regulator accused the blockchain company of illegally selling XRP, the token at the center of it has reacted accordingly and forecasts are even better. As it happens, the big win for Ripple, in the form of the ruling that it has to pay only a fragment of the demanded disgorgement for institutional XRP sales, preceded a wave of enthusiasm across the cryptocurrency industry, primarily the XRP community, reflecting in the price of its token. XRP price prediction In this context, the advanced artificial intelligence (AI) and machine learning algorithms deployed by the crypto market analytics and forecasting platform PricePredictions envision further, albeit modest, advances for XRP towards the end of this month, according to the data on August 8. Picks...