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After generating seemingly endless enthusiasm following its skyrocketing to a new all-time high near $73,000 in March and around the highly-anticipated halving event in April, Bitcoin (BTC) has fallen off somewhat. The world’s premier cryptocurrency has, in more recent weeks, been struggling with lackluster performance and a string of violent corrections that saw it, at times, plummet as low as $57,000. Though the most recent trading trends have been positive, as BTC is 3.18% in the green on the 24-hour chart and Bitcoin price today stands at $62,907, but a shadow casts large given its weekly and monthly shakiness.  Picks for you Bank of Canada warns ‘financial system on the brink’ and ‘prepare for fallout' 31 mins ago Severe crisis incoming? Expert Michaël van de Poppe questions 4-year Bitcoin cycle 37 mins ago R. Kiyosaki warns US dollar to crash as ‘BRICS gold crypto’ emerges 2 hours ago Hacker returns $71 million worth of crypto to phishing ...

As May approaches, anticipation is building around the potential approval of an Ethereum (ETH) spot ETF. This development has captured the attention of traders and investors, with Ethereum’s status as the second-largest cryptocurrency by market cap suggesting significant potential benefits. However, despite the excitement, ETH has been struggling to keep pace with Bitcoin (BTC) in recent times. This 3-year low ETH/BTC exchange rate challenges what enthusiasts call “the flippening”- a hypothetical scenario where Ethereum surpasses Bitcoin as the dominant cryptocurrency by market capitalization.  Several factors are contributing to this underperformance. One key reason is the decline in activity on Ethereum’s network. The number of active users and the overall transaction volume on ETH’s decentralized applications (DApps) have both dropped significantly.  Picks for you 'Rich Dad' R. Kiyosaki reveals why he will not buy into Bitcoin ETF...

Cardano (ADA) has been having several interesting months marked by significant rallies and deep dropps. Such performance continued into 2024 as ADA started the year on a decline, only to experience two separate rallies – and corrections – in January alone. More recently, however, as the crypto market has been climbing caught up in the enthusiasm over Bitcoin’s (BTC) upcoming halving – and falling briefly but sharply as BTC experienced a strong correction after touching $69,000 in early March – Cardano has also started a strong uptrend. Cardano’s price performance, which has, amidst the rises and the falls, nonetheless seen the token gain 131.69% in 52 weeks, was also accompanied by a surge in the number of smart contracts created, with January itself adding roughly as many as the entire 2023. Picks for you Travala.com starts a Bitcoin cashback program for elite travelers 18 hours ago Crypto.com teams up with digital fashion company Altava Gro...