Bitcoin (BTC)

A group of crypto hackers have drained all the coins and funds from several bitcoin ATMs throughout the world hosted by a company called General Bytes. General Bytes Loses a Lot of Money The hackers took advantage of what’s referred to as a zero-day vulnerability to prevent all transaction losses from being reversed. General Bytes explained in a statement: The night of 17-18 March was the most challenging time for us and some of our clients. The entire team has been...

The Federal Reserve hiked rates another 0.25 basis points in late March. The decision came in light of the banking failure occurring within America’s borders, and many analysts found themselves wondering if bitcoin’s meteoric run would somehow be affected. The Federal Reserve Again Hikes Interest Rates This new rate hike brought interest to its tallest peak since 2007. That’s a whopping 16 years! In a statement, the Federal Reserve mentioned that inflation in the country...

While Bitcoin still maintains a somewhat close correlation to the S&P 500, the digital currency is now being pitched as a better alternative to traditional banking. The price of Bitcoin (BTC) is dramatically on the rise despite starting the day with a bearish slump. At the time of writing, the premier digital currency is changing hands at $28,810.19 after printing a 5.41% growth over the past 24 hours. Riding on its current outlook, the cryptocurrency is now paring off the losses it...

The new filing comes as cryptocurrencies, and risk assets in general, are in recovery after a bad 2022. Crypto exchange-traded-product issuer 21Shares and investment firm Ark Investment Management are once again trying to get a spot Bitcoin exchange-traded fund (ETF) approved. This comes after the United States Securities and Exchange Commission (SEC) rejected two previous attempts. The firms argue that such a fund would offer protection currently not available to investors in the United...

Tron price started a fresh increase from the $0.0625 level against the US Dollar. TRX price is now trading near $0.0660 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0665 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0672 resistance zone. TRON price started a fresh increase above $0.0625 against the US Dollar, similar to Bitcoin. TRX’s price could rise...

Bitcoin price is correcting losses from the $27,000 zone against the US Dollar. The price is now trading near $28,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $29,250 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $29,250 resistance zone. Bitcoin price is rising from $27,000 against the US Dollar. BTC might eye another increase if...

In a note published on April 24, Standard Chartered analysts predicted that Bitcoin prices will climb to $100,000 by the end of 2024. Analyst Geoff Kendrick noted that the collapse of several U.S. banks, including Silicon Valley Bank, Silvergate, and Signature, has solidified the case for Bitcoin as a “decentralized, trustless, and scarce digital asset.” The bank analyst was confident that the bear market is over and prices will continue higher next year in the next bull...

« Monsieur Pasteur, vous prétendez qu’en m’injectant un virus vous allez me soigner ? » Oui, je commence fort avec un sujet polémique et qui n’a rien à voir : la vaccination. En réalité, ça n’a pas vraiment « rien à voir ». Le point commun entre Bitcoin et la vaccination, c’est que les deux résolvent des problèmes de manière contre-intuitive. L’histoire médicale est d’ailleurs extrêmement fournie en exemples de cette nature,...

Host of the popular podcast “All In” and seasoned venture capitalist Chamath Palihapitiya has been a long-time believer in fledgling companies and causes. During his career, Palihapitiya has invested in successful companies such as Slack and Yammer. For the past few years, Palihapitiya has championed Bitcoin and its march to 200k to the world of venture capitalists. He has also been a senior executive at Facebook in its early days, a far cry from his teenage years spent...

Fidelity Investments and Black Rock – two of the biggest investing companies in the world – are slowly expanding their reaches into the crypto and blockchain spaces. Fidelity and Black Rock Are the New Crypto Leaders Fidelity has long been a crypto player, going so far as to last year, when the space was enduring its biggest bear run in history, allow retirees and those with 401K funds to their names to use their hard-earned money to invest in digital assets like BTC and...