The worldwide cryptocurrency market capitalization increased by more than 8% to $2.33 trillion. The overall cryptocurrency market volume in the last 24 hours was $198.71 billion, up 110 percent.

The cryptocurrency market boom has resumed. Bitcoin rallied again on Thursday, hovering over $64,000 for the first time in approximately 27 months. The largest crypto coin in terms of market capitalization is up roughly 11%, with a total valuation of $1.24 trillion.

The increase in Bitcoin is primarily due to the much-anticipated Bitcoin halving; the introduction of Bitcoin exchange-traded funds (ETFs), which is increasing institutional flows; and Amazon’s Jeff Bezos’ reported interest in the digital asset class.

Bitcoin has surged in the last 24 hours, approaching $64,000. This rise is linked to the ten Bitcoin ETFs in the United States, which set a new daily record with a trading volume of more than $7 billion. BlackRock’s Bitcoin ETF, in instance, traded $3.3 billion on Wednesday, twice its previous volume record, indicating rising demand.

Bitcoin has increased by more than 50% in the first two months of 2024, and by almost 45% in February alone. Even in the last week, the largest cryptocurrency token’s valuation has increased by around 25%. Bitcoin was trading around $63,500 as of 12.15 p.m. on Thursday.

In the last 24 hours, Bitcoin spot ETFs saw extraordinary volumes, with a total of $7.5 billion traded, twice the previous record as BTC reached an all-time high in Indian markets. Bitcoin is now up by more than 44% in February, the largest monthly increase since December 2020.

According to Coinmarketcap, the worldwide cryptocurrency market capitalization increased by more than 8% to $2.33 trillion. The entire cryptocurrency market volume during the last 24 hours was $198.71 billion, representing a 109.95 percent increase. Bitcoin’s dominance increased by more than one percent to 53.27 percent.

All Indian investors who previously invested in Bitcoin are now in a profitable position, as market mood shifts towards ‘extreme greed’. It is worth noting that Bitcoin has never achieved all-time highs during the halving event. The all-time high of $69,000 would serve as significant resistance, it said.

Bitcoin has been set on fire by allegations about Jeff Bezos’ involvement in the digital asset class, who is claimed to have invested billions of dollars in Bitcoin. However, neither Bezos nor Amazon have confirmed this.

Bitcoin has soared and is on track to break its all-time high set in November 2021. This rise is being driven by historical tendencies before halving events, strong inflows into Bitcoin spot ETFs, and support from significant institutions.

Jeff Bezos’ rumored $8 billion Bitcoin investment has poured gasoline to the fire, he claims. “While the crypto community views these stories skeptically, the mere mention of Bezos entering the crypto arena has ignited excitement. Despite the lack of tangible evidence and no official word from Bezos or Amazon confirming the same, speculation continues.”

Optimism in the crypto space is also fueled by the possibility of the US Federal Reserve cutting interest rates this year amid easing inflationary pressures, which increases the appeal of Bitcoin futures, according to market experts, who believe that the current rally is primarily driven by institutional investors, with little retail participation.

This indicates that Bitcoin is on track to surpass historical highs as we reach March. The countdown to the next halving event in mid-April further heightens interest, paving the way for Bitcoin to enter uncharted territory.

Despite indications of a likely rise of the dollar index, technical indicators for BTC/USD point to an optimistic outlook. “The general improvement in liquidity has also provided a green signal to investors to interact with the crypto market in a robust manner.

On Monday, major cryptocurrency tokens traded mixed. While Bitcoin declined 0.24% in the last 24 hours, trading at $51,513.69 around 12 p.m. India time, other big cryptocurrencies such as Ethereum, Solana, BNB, Avalanche, Toncoin, and Tron rose by up to 2%. The other laggards in the bunch were XRP, Cardano, and Dogecoin, which fell by up to 1.5%.

Bitcoin has been consolidating over the previous two weeks, ranging between $50,000 and $53,000 after climbing over 36% since the beginning of 2024. Bitcoin has failed to overcome the $53,000 barrier. In his opinion, a break above this level would bring the price up to $60,000 in the near future.

Meanwhile, CoinDCX forecasts bearishness following the first net outflow from the BTC ETF since January 25, 2024. Technically, BTC closed in the red but remained within its range, with local support near $50,600 and resistance at $52,500, according to CoinDCX market activity. On the other hand, Ethereum remained rather consistent, hanging between $2,900 and $3,000, with local support at $2,880 and resistance at $3,030.

CoinDCX believes that Reddit’s hinting at excess cash investments in Bitcoin and Ethereum bodes positively for both cryptocurrencies.

ETH recaptured the $3k mark for the second time in February, and recent higher swings have also increased its Relative Strength Index (RSI).

In the cryptocurrency realm, UNI, Uniswap’s governance token, increased by 60% on Friday evening following a proposal from a prominent Uniswap Foundation member to restructure the protocol’s fees-sharing arrangement for token holders. Since then, the token has been able to maintain its value around $11. Simultaneously, Avalanche (AVAX, +0.57%) experienced a massive outage on Friday, unable to produce blocks for over four hours owing to network strain.

Quick analysis of cryptocurrency prices on February 5th: The worldwide market capitalization dropped to $1.63 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, remained above $43,000 over the weekend. Other popular coins, like as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), experienced slight increases and losses. The Ronin (RON) token saw the greatest gain of the bunch, with a 24-hour increase of more than 13%. MANTA, on the other hand, suffered the most significant loss, falling nearly 8% in a single day.

At the time of writing, the worldwide crypto market capitalization was $1.63 trillion, representing a 0.82 percent gain over the previous day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $42,651.90, a 0.81 percent decrease in the previous 24 hours.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,292.04, a 0.39 percent decrease over the previous 24 hours.

Dogecoin (DOGE) Price Today
At the time of writing, the price of ETH was $2,292.04, a 0.39 percent decrease over the previous 24 hours.

Litecoin (LTC) Price Today
Litecoin fell 1.56% over the last 24 hours. At the time of writing, the stock was trading at $67.10.

Ripple (XRP) Price Today
The XRP price remained at $0.5056, down 2.26 percent in 24 hours.

Solana (SOL) Price Today
Solana prices stood at $96.10, down 2.05 percent in 24 hours.

In Monday’s session, crypto tokens were trading mixed, with a negative tilt. Bitcoin, Ethereum, Solana, Polkadot, and Tron were all down, while XRP, BNB, Cardano, Dogecoin, Polygon, and Toncoin were all up.

Meanwhile, the global cryptocurrency market cap fell 0.14% in the last 24 hours to roughly $1.32 trillion.

As of 1:10 p.m., Bitcoin was down 0.6% at $34,915 and Ethereum was trading below $1,900. XRP increased by more than 9%.

Bitcoin has been trading near the $35,000 mark. This volatility could be due to traders cashing out their Bitcoin earnings and reinvesting them in altcoins. Another possible cause is that the United States added 150,000 jobs in October, falling short of the 180,000 projected by economists and falling short of September’s 297,000 total.

Meanwhile, prominent crypto coins have surged in the recent week as a result of the US Federal Reserve’s rate halt. Bitcoin increased by roughly 2%, while Ethereum increased by 5%. XRP, Solana, and Cardano all gained more than 17%.

The crypto fear and greed index has surged 4 points from yesterday to be within the greed zone with a score of 74/100, indicating that the recent rally from last week has boosted investor sentiment. While the price momentum may appear to be short-term, market watchers are finding indicators of long-term demand fueling the cryptocurrency uptrend.

The overall volume in DeFi is currently $4.31 billion, accounting for 11.28% of the entire 24-hour activity in the crypto market. The total volume of all stablecoins is now $32.74 billion, accounting for 85.76% of the total 24-hour volume of the crypto market.

Bitcoin’s, the world’s largest cryptocurrency, market cap has dropped to $682 billion in the previous 24 hours. According to CoinMarketCap, Bitcoin now has a 51.8% market share. BTC volume increased 29% in the last 24 hours to $12.4 billion.

BTC dominance fell by more than 1.5%, signalling possible openings for cryptocurrencies to shine. The dominance of ETH has also found support, possibly indicating a resurgence.

While Ethereum saw a half-percent increase but stayed below the $1,800 mark, Bitcoin held steady, gaining roughly 1% to hover comfortably above 34,000 levels.

On Monday of this week, Bitcoin and other cryptocurrency tokens maintained their positive trend. Every cryptocurrency token entered the early trading, sustaining the momentum from the previous weekend. The recent increase in cryptocurrency was aided by the excitement surrounding the regulatory approval of a spot bitcoin exchange-traded fund (ETF) listing.

As the biggest cryptocurrency token gained almost 1% and managed to stay well above 34,000 levels, Bitcoin remained stable. But Ethereum, its biggest rival, saw a half-percent increase as well but managed to stay below the $1,800 mark. The majority of altcoins were seeing profitable trades.

Because of the general optimism about the possible approval of Bitcoin Spot ETF applications in the US, the cryptocurrency managed to keep its position above the $34,000 barrier.

With $1.7 billion in trading activity, the ProShares Bitcoin Strategy ETF (BITO) saw its second-largest trading week to date. Meanwhile, the Grayscale Bitcoin Trust (GBTC) posted $800 million in trading volume, which may have contributed to the optimistic mood of the market as a whole. Ethereum, however, continued to trade at a valuation higher than $1,700.

On Monday, the vast majority of popular cryptocurrency tokens saw increases in price. Chainlink and Polkadot both gained three percent, although Solana increased by almost one percent. In the early trade, XRP, Cardano, and Polygon all saw gains of roughly 2% apiece. Stablecoins tied to the dollar also increased slightly.

The value of the world’s cryptocurrency market was trading much higher, having increased by 6% on the previous day to reach the $1.26 trillion mark. Nonetheless, the total trading volume reached $27.37 billion, an increase of over 13%.

At the end of the week, Bitcoin had gained an incredible 15%. Although BTC stayed below its local resistance of $35,000, it remained in a favourable position throughout the weekend. At the moment, the price is centred at $34,300, while ETH is trading marginally above the $1,765 local support level.

Notably, a number of major macro events this week, including as the US FOMC meeting, the monthly release of the US unemployment rate, US job vacancies, and the US non-farm Employment Change, have a substantial impact on the cryptocurrency market. The cryptocurrency market may become more volatile as a result of these occurrences.

With the rise of cryptocurrency not likely to stop anytime soon, casinos and gambling services have jumped in and are trying to cater to this market. Everything basically works like in a normal casino, the only difference is the currency you pay. However, there are some different mechanics and games in this ever-changing market. Almost all changes and new developments in the market have been for the better. Some are skeptical because the value of currencies can fluctuate greatly.

But we explain that and much more here.

What currencies are most commonly used?

With most online gambling services, you will find that the most accepted coin would be Bitcoin, the king of cryptocurrencies. But if you look closely, there are plenty of other coins accepted, such as ETH (Etherium), DOGE (Dogecoin), XRP (Ripple), LTH (Litecoin) and DASH (Dash).

It’s basically the same thing – some coins can fluctuate in price a bit more than others. We recommend that you have some knowledge of cryptocurrencies before embarking on this journey, but the best crypto gambling sites can be found at, so that’s a good place to start.

Cryptocurrency Casino Bonuses

Probably one of the best parts of the whole cryptocurrency casino scene is the bonuses you get. However, with most casinos you will get some kind of deposit bonus, but with cryptocurrency they really try to give you a big bonus as a new player or even as a more advanced player. So this is really where the cryptocurrency casino shines.

Most bonuses come in the form of deposit bonuses or free spins. But you often get free credits after you sign up!

Let’s talk about transaction fees, payments and customer identity

Most online casinos offer zero transaction fees, which means unlimited free transactions per day. Most of them require no verification, ensuring the safety of players’ funds and identities. Another big thing that is overlooked in cryptogambling is payouts, payouts are processed instantly and an average crypto transfer takes about 30 minutes – 2 hours to complete, depending on the number of coins in the network.

Not going through KYC (Know Your Customer) is also a big plus as it is time consuming and could be a breach point for your privacy.