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Bitcoin hit an upswing ahead of the Fed’s inflation-focused meeting on March 22nd to decide rate hikes. The price of Bitcoin (BTC) climbed sharply on news that US inflation had met Dow Jones and Nomura estimates. In February, US inflation rose 0.4% month-on-month and 6% year-on-year as the Federal Reserve readies
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The bitcoin price (BTC) rose to a nine-month high of $25,484 in the minutes following the report and then extended those gains. Source
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Rootstock, a censorship-resistant and permissionless Bitcoin sidechain, added seven DeFi protocols, integrated new tools, and removed the BTC/rBTC two-way peg as they move closer to complete decentralization, a press release on Mar. 10 shows. Rootstock added, among others, Qredo Wallet, a non-custodial wallet; Paydece, a trustless platform for swapping tokens for
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World-leading cryptocurrency miner Argo Blockchain recorded increased Bitcoin production despite the rise in network difficulty. On March 7, the company released its operations update for February 2023, which disclosed the remarkable monthly performance. In addition to high Bitcoin production last month, Argo Blockchain (NASDAQ: ARBK) also saw its revenue surge
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Bitcoin (BTC) failed to react at the March 6 Wall Street open as consensus formed around a potential violation of $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$19,000 BTC price is "breakdown target"Data from Cointelegraph Markets Pro and TradingView tracked a limp BTC/USD as it clung to $22,400 at the time of
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February 2023 has been a good month for the non-fungible token (NFT) market: it recorded some of the top single sales on NFTs. Global NFT sales have surged in the last month, reaching $835 million, the highest number since June 2022. There has also been an increase in the number
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The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. The increase came against the background of rising U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto industry players.
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The company announced that it would continue adding more Bitcoin miners this year. Marathon Digital Holdings Inc (NASDAQ: MARA), a leading Bitcoin mining company with about 9.5 exahashes, announced its unaudited February production and miner installation updates on March 02. The $760 million-valued Marathon Digital produced 683 Bitcoins in February
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Sara Gherghelas, blockchain research analyst at DappRadar, told CryptoX that while Blur is overtaking market share and challenging the historically leading NFT marketplace OpenSea, the marketplace isn’t bringing new traders into NFTs. While OpenSea is targeted towards retail traders, Blur’s focus on professional traders may be raising trading volumes, not
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