Bitcoin Holds Steady Above $28K, Ether Rises in Post Rate Hike Rally
Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August. Source
Read MoreBitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August. Source
Read MoreEther's price (ETH) reached $1,400 on March 10, which proved to be a bargain as the cryptocurrency rallied 27.1% until March 21, at the time of writing. However, the three reasons that supported the price gain, including correlation with tech stocks, its increasing total value locked and its deflationary token
Read MoreThe sharpest part of bitcoin’s rally, after all, has come since Monday, March 13, when it was announced that the floundering Silicon Valley Bank would get a bailout. In a second newsletter this morning, Joe Wiesenthal has changed his mind – “MAYBE YOU DON’T GOTTA HAND IT TO BITCOIN,” he
Read More"Since the dip on March 10, Bitcoin has rallied by +44%. +31% of the rally was driven during the U.S. trading hours, and an indicator that Americans are buying bitcoins with both hands," Markus Thielen, head of research and strategy, said in a note to clients, adding that the stress
Read MoreRipple coin XRP recently hit $20 billion due to the broader crypto market upswing from the banking crisis. Ripple‘s native XRP token recently surpassed $20 billion in market value following a broader digital currency market rally. According to reports, XRP gained roughly 5% over the last 24 hours, with Bitcoin (BTC) and Ether (ETH) experiencing
Read MoreBitcoin (BTC) received a substantial boost this week as the U.S. inflation levels for February came along the lines of market expectations. On March 14, the BTC/USD pair surged to a new 2023 peak at $26,550 after the news.But while the macroeconomic conditions mat currently be favoring risk-on buyers, certain
Read MoreThe host of Mad Money, Jim Cramer, says he would still sell bitcoin despite the failures of major banks and growing public distrust in the banking system and the Federal Reserve. “Bitcoin is a strange animal,” he said, asserting that the price of the cryptocurrency is “being manipulated up.” Jim Cramer’s
Read MoreBitcoin continued to rally early Tuesday, building on Monday's gain, with an 18% increase over the past 24 hours. The world's largest cryptocurrency broke the $25,000 mark following the release of U.S. inflation data. The cryptocurrency has since reached around $26,200, a nine month high. Over $100 million worth of
Read MoreThe company plans to use corporate resources to fill the gap, including external capital. Source
Read More"Silvergate is one of several factors in Bitcoin’s underside test, " Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote in an email to Cryptox. "In addition to Silvergate, there is market concern of greater interest rate hikes by the FOMC and softening stock market prices. The SEC also
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