Cryptocurrency Analysis and News Portal
Bitcoin’s (BTC) 17.5% rally between March 16 and March 22 surprised options traders betting on price levels below $26,000. The movement resulted from investors seeking protection against persistent inflation and the ongoing banking crisis.Bitcoin bulls have been paying close attention to the negative effects of near-zero interest rates between April
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On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United States. Circle said that the company’s teams would be ready on Monday to “handle significant volume” and that the firm
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Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking after Tuesday’s session, Powell hinted that the Fed could continue to hike rates, should the data show the need for action. Bitcoin was also boosted by the news,
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Bitcoin (BTC) divided traders yet again on Dec. 21 as sideways BTC price action split opinion on the future.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$17,500 becomes popular BTC price targeData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it acted within a tight range just below $17,000.A single brief
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“Split control of the federal government could bode well for future crypto policy and regulation,” said Kristin Smith, executive director of the Blockchain Association in Washington. “In the current Congress, there is growing bipartisan collaboration on major legislation, and we would expect that trend to continue, and likely accelerate, if
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The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender Celsius abruptly froze withdrawals. He stressed that investors should be prepared to lose all their money, emphasizing that crypto has no intrinsic value. Bank of England’s Governor Warns About Cryptocurrency
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Summary: Michael Saylor’s Microstrategy could face a margin call on its debt if Bitcoin drops below $21k However, the company is prepared to add funding to their existing position Microstrategy recently secured a loan of $205 million in late March, payable monthly beginning this month till March 2025 Microstrategy now holds 129,218 Bitcoins with
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“We work in tandem with our partners to write concise and accurate tax-related content to be published on our partners’ platforms and serve their communities,” said Tzoneva, who joined the company in September from Google. “We have also partnered with various platforms to offer continuous professional education (CPE) courses for
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David Schwartz, chief technology officer at Ripple Labs, says U.S. regulators’ response to the crypto industry may help XRP in the end but is also likely to hurt burgeoning companies.The Ripple CTO told Cryptox he believed many crypto and blockchain firms considering getting started in the United States or relocating
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After holding under $9,000 for days on end, Bitcoin surged higher to hit $9,200 on Wednesday morning.It was a small move in percentage terms but still notable in terms of its technical significance. $9,000, after all, has been defined as a key level for Bitcoin both technically and psychologically.With the
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