Began from Nov 9, the SEC has this unique “window” to give the thumbs up to all 12 spot Bitcoin ETF filings, even including Grayscale Investments’ conversion of its Grayscale Bitcoin Trust product by November 17. SEC Remains Silent Bitcoin enthusiasts and investors alike have been closely monitoring the Securities and Exchange Commission’s response to...Read More
Due to recent market conditions, the BTC price has taken a sharp bearish turn, touching the ground at a staggering $25.5K. The trigger for this massive decline was the recent lawsuit faced by Binance, one of the world’s largest cryptocurrency exchanges, against the U.S. Securities and Exchange Commission (SEC). This triggered investors to sell off...Read More
As the Bitcoin market continues to display massive volatility near the $27K level, investors are awaiting a bullish surprise to ride on a short-term uptrend. The U.S. unemployment rate recently broke the expected 3.5%, creating a favorable position for Bitcoin’s upward trajectory. Additionally, the recent rise in the debt ceiling is building a bullish positive...Read More
The crypto market is currently witnessing a rollercoaster ride, and Bitcoin is leading the pack. Following an accord to elevate the U.S. debt ceiling, Bitcoin (BTC) ascended beyond the $28,000 mark. However, despite this rise, the cryptocurrency seems poised for its initial monthly decline since December. Currently, analysts and traders are expecting selling pressure in...Read More
Global financial markets are anxious about potential fallout from a US debt default. Meanwhile, Bitcoin, the leading cryptocurrency, remains steady, maintaining momentum around $27K, creating ambiguity about its next steps amid economic turmoil. As talks remain at a standstill over raising the US government’s $31.4 trillion debt ceiling, stirring financial market jitters, some analysts are...Read More
Recently, Bitcoin, the leading digital asset, displayed intense volatility near the $27,000 mark. The catalyst behind this wild swing was none other than the Federal Reserve’s chairman, Jerome Powell, who hinted at an imminent end to rate hikes. This unexpected development sent shockwaves through the crypto markets, igniting a frenzy among investors. US Fed’s Jeromy...Read More
Bitcoin price has recently been the talk of the town as the asset experienced a severe plunge today following Binance’s FUD. The leading digital currency is currently witnessing a downturn in sentiment following an unprecedented surge in transaction fees and a nearly 98% full mempool. However, enthusiasts and investors are eyeing a potential rebound soon,...Read More
The Bitcoin price is undergoing a pretty rigid phase as it is failing to inculcate the required momentum to hit $30,000. The bears are successfully restricting the price at the interim threshold as the bulls continue to remain resilient. While the volume has soared to some extent, the price is believed to remain volatile as...Read More
The Bitcoin market has recently experienced a heart-stopping tumble, with its price flirting dangerously close to the $28,000 mark. The nosedive from $30K has already sent shockwaves through the market, triggering fears of a massive correction. As the Federal Open Market Committee (FOMC) meeting approaches, investors are holding their breath, waiting to see how the...Read More
Bitcoin, the leading cryptocurrency by market capitalization, concluded the week with a resilient performance, overcoming bearish forces and a series of unfavorable regulatory developments. Though BTC began the week with a promising outlook but encountered significant turbulence on Wednesday, eventually finding stability as news of First Republic Bank’s share collapse ignited concerns about a potential...Read More
The Bitcoin market has faced a tumultuous ride, with the digital currency struggling to find stable ground amidst swirling financial currents. Recent news of potential interest rate hikes caused a sharp selloff that sent Bitcoin plummeting below $30K, erasing its monthly gains. With BTC’s price falling by over 8% in just a few days, sellers...Read More
As the crypto market experiences a reawakening, Bitcoin’s (BTC) recent rally has captured the attention of investors and enthusiasts. The flagship cryptocurrency has reached a remarkable 10-month high, surging past the $30,000 mark, bolstered by an atmosphere of positive market sentiment. Amidst ongoing economic uncertainties, investors are now eagerly awaiting Bitcoin’s next price trend and...Read More
With the latest upswing, it would not be wrong to say that the Bitcoin price has surpassed the bearish pressure. The price has soared past $30,000 and has been able to sustain itself despite the bearish actions that continue to prevail within the markets. However, it doesn’t seem that the price may undergo a steep...Read More
As Bitcoin continues to dominate headlines with increased price fluctuations, traders wonder whether Bitcoin will tumble to $25,000 or catapult to $30,000 in the upcoming hours. The possibility of a dip to $25,000 is anchored in global regulatory measures and various macro events, such as US employment data. However, the prospect of Bitcoin soaring beyond...Read More
Bitcoin has been on a remarkable run recently, with its value surging to new highs in the past few weeks. However, the recent lawsuit on Binance by the CFTC and several macro conditions may create a slowdown in BTC’s ongoing trend. The question on everyone’s mind now is whether this rally is sustainable or if...Read More
The crypto market is buzzing with excitement as Bitcoin and Ethereum, two of the most popular cryptocurrencies, appear to be poised for significant price momentum in the coming week. As we approach the end of the month, traders are eagerly anticipating a continuation of the recent upward trend in the cryptocurrency market. Over the last...Read More
For the first time since June last year, Bitcoin price traded above $26k on Tuesday. While the spike was short-lived, over $311 million was liquidated from the cryptocurrency market, thus insinuating a bear trap. Nonetheless, Bitcoin price is up over 11 percent in the past seven days to trade at around $24.8k during the Asian...Read More
The fresh CPI rates are out! The new rates have emerged as expected at 6% which kicked off the BTC price rally beyond $26,000. The bulls appear to be exhausted a bit as the prices are consolidating just below the yearly highs. But will the price continue to swing high or it is just a...Read More
The world of cryptocurrency is known for its volatility, with prices rising and falling on a regular basis. However, the recent collapse of the USDC stablecoin has caused investors to fear that the entire market could be on the verge of a catastrophic crash. Though several analysts assure a rebound for the crypto market soon,...Read More
The crypto market is currently bleeding as Bitcoin price leads the bearish momentum. While Bitcoin is struggling to claim its lost $22,000 level, major altcoins have lost more than 80% from their highs. At the time of writing, Bitcoin is changing hands at $21,737 after a loss of 1.80% from the previous day trade. Immediate...Read More
With hotter-than-anticipated economic data released in February, uncertainty over inflation has increased, and the U.S. stock market is now at a crucial crossroads. Despite growing concerns among investors, the economy displays signs of resilience that may help safeguard Bitcoin against a significant downward shift. Although Bitcoin investors are advised to remain cautious until the release...Read More
Crypto markets are consolidating following the Fed meeting, during which a 25 basis point increase was implemented to reduce inflation rates. The decision to raise interest rates from 4.5% to 4.75% was taken during the Federal Open Market Committee (FOMC), which was announced in a press conference by Fed Chair Jerome Powell. However, the US...Read More
Even when there are rising fears over restrictive measures by the US government, the first born cryptocurrency Bitcoin has surged nearly 50% in 2023. Moreover in the early hours today the Bitcoin price had even hit the $25,000 area before making a slight fall back around $24,000 level. At the time of reporting, the flagship...Read More
Recently, during the FOMC meeting, the Federal Reserve had a soft approach towards interest rate hike as there was only 0.25% interest rate hike instead of 0.50%. Today the traders and investors had hoped that there will be a decreased inflation rate in January. This positive anticipation had resulted in a slight market recovery as...Read More
Today the crypto market has been leaning towards bearish sentiment ahead of Jerome Powell’s speech. This bearish pull was also affected on Crypto related stocks. The world’s first cryptocurrency, Bitcoin has lost its crucial resistance of $23K and is now trading around $22.5K. At the time of reporting, Bitcoin is selling at $22,900 with a...Read More
The crypto market has been on a roll lately as major cryptocurrencies like Bitcoin have witnessed significant price swings in the last few days. The Bitcoin price trend has been stuck in a choppy range as it swings sideways with 1% volatility, creating a blurred vision for long-term holders. The primary reason behind this intense...Read More
Run towards a bullish weekend! The cryptocurrency market has opened the market on a positive note as the majority of large cap cryptocurrencies have turned bullish. This bull rally is led by the first born crypto, Bitcoin price which has now jumped above $23,500 level and is strongly moving towards $24K. It’s just not that,...Read More
The crypto market is currently flashing a mixed signal where most of the large cap cryptocurrencies have turned red. However, the first two cryptocurrencies, Bitcoin and Ethereum, are still holding on to their crucial level of $23,000 and $1,500 area. At the time of writing, Bitcoin has dropped 0.15% and is now trading at $23,082. Meanwhile,...Read More
The crypto market started the year on a positive note where most of the cryptocurrencies doubled their value. Since the start of 2023 Bitcoin has jumped nearly 40% and managed to hit a high of $23,861 just a day before, on January 29. This phenomenon pushed the overall cryptocurrencies on a brighter side where even...Read More
It was just yesterday that Bitcoin was pulled back below its crucial resistance of $23K. However, the flagship currency started the day above $23K before making a slight drop around $22,900. The similar pattern is followed by Ethereum, BNB, Cardano, Solana, XRP and other altcoins which are trying their best to hold on to their...Read More
