Friday, April 26, 2024
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Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up

Bitcoin (BTC) saw a snap retest of $27,000 around the Oct. 6 Wall Street open as wildcard United States employment data rattled markets.BTC/USD 1-hour chart. Source: TradingViewAnalysis: Jobs data “not what Fed wanted to see”Data from Cointelegraph Markets Pro and TradingView followed BTC price action as the largest cryptocurrency lost

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First Republic Bank dives another 20% with Bitcoin ‘ready for $40K’

Bitcoin (BTC) tagged $30,000 into the April 26 Wall Street open as bulls gained further momentum from United States banking woes.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewHayes: "Uncertainty" driving BTC price, goldData from Cointelegraph Markets Pro and TradingView followed as it briefly reclaimed the psychological line in the sand, capping

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BTC price dives 3% in minutes as ‘deep correction’ grips crypto market

Bitcoin (BTC) abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin sees "beautiful" retracementData from Cointelegraph Markets Pro and TradingView followed the pair as it made lows of $29,015 on Bitstamp. The sudden move followed an equally strong rebound

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Deloitte dives into immersive experiences as more industries turn to Web3

Immersive experiences are already popular in the entertainment, gaming and fashion industries, but they can also be a tool to address various other corporate needs, like simulating manufacturing operations and training managers to have sensitive conversations. Deloitte made this bet in late February when it announced a partnership with virtual spaces

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MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%

Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.The news comes after Silvergate announced on March 1 that it would postpone the filing of its annual 10-K financial report, which has many fearing the cryptocurrency bank

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Bitcoin price eyes $24K retest as US dollar dives into monthly close

Bitcoin (BTC) headed toward $24,000 at the Feb. 27 Wall Street open as a strong weekly close translated into further gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin gains $1,000 versus weekend lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding in line with United States equities futures.The pair had

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Nic Carter dives into proof-of-reserves, ranks exchange attestations

Bitcoin advocate Nic Carter has released an in-depth analysis of centralized exchange proof-of-reserves and ranked the attestations provided by some of the most prominent crypto trading platforms in the space. Carter published a detailed examination of the quality of several exchanges’ proof-of-reserves (PoR). The crypto executive used parameters such as attestation

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