Friday, March 31, 2023
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Bitcoin touches $29K! Why BTC is unaffected by regulatory pressure

In this week’s episode of Market Talks, Cointelegraph welcomes Brent Xu, founder and CEO of Umee — a decentralized finance hub built on the Cosmos SDK that offers tools for macro-level borrowing and lending applications. Before founding Umee, Xu led strategy at Tendermint while setting the strategic roadmap and partnerships for the

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Elon Musk slams ‘heavy-handed’ Fed as ex-BitMEX CEO sees $1M BTC price

The United States Federal Reserve has been “too heavy-handed” in taming inflation, said pro-Bitcoin (BTC) Tesla and Twitter CEO Elon Musk.In a Twitter debate on March 29, Musk directly criticized U.S. macroeconomic policy, including “excess government spending.”Musk: Fed policy is a “serious issue”Bitcoin and crypto markets remain extremely sensitive to

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Bitcoin spikes above $29K as ‘fakeout’ fuels BTC price strength doubts

Bitcoin (BTC) set new nine-month highs overnight on March 30 as traders continued to stay cautious.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Deviation” takes BTC’s price closer to $30,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $29,170 on Bitstamp.A rejection entered almost immediately, sending the pair back to

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Bitcoin price jumps above $28K after 1.5K BTC shorts ‘blown out’

Bitcoin (BTC) headed back to $28,000 on March 29 as a classic short squeeze took the market to five-day highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC liquidations mount as Bitcoin reverses Binance dipData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $28,159 on Bitstamp.The abrupt uptick came courtesy of

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BTC Moves Below $27,000, Following CFTC Suit Against Binance – Market Updates Bitcoin News

Bitcoin moved below $27,000 during Tuesday’s session, as the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance. The suit claims that Binance knowingly offered unregistered crypto products to U.S. customers. Ethereum was also lower on the news, briefly falling below $1,700. Bitcoin Bitcoin (BTC) fell below $27,000 in today’s

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Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit

Soon after the United States Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance and its CEO Changpeng “CZ” Zhao for regulatory violations, the entrepreneur sought damage control measures while rejecting allegations of market manipulation. However, investors responded by pulling over 3,400 Bitcoin (BTC) from Binance within 24 hours of the

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