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Tag Archives: Bitcoin News

Lama Introduces Visa Cards with Bitcoin Cashback to Customers

Lama joins Gate.io, Crypto.com, and Bybit amongst other crypto trading platforms in offering crypto debit cards to customers. Crypto exchange Lama has launched its own branded cards from Visa Inc (NYSE: V). According to a press release shared with Coinspeaker, these cards can enable quick conversion of cryptocurrencies to fiat currencies, allowing users to spend their digital assets and Euros everywhere Visa is accepted. Lama offers both physical and virtual Visa cards to cater to the...

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Florida Governor Ron DeSantis Defends Crypto and Bashes the Idea of CBDCs

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ron DeSantis – the republican governor of Florida – recently issued a statement defending digital currency. Ron DeSantis is Clearly a Crypto Fan DeSantis has taken issue with the ongoing, anti-crypto agenda enforced by the Biden administration. He stated that one of the big reasons Biden and his fellow,...

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Bitcoin Price Analysis: BTC Could Rally Above This Resistance

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price is attempting a fresh increase from the $25,400 zone against the US Dollar. The price is now trading below $26,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $26,300 on the 4-hour chart of the BTC/USD pair (data feed from...

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Analysts: Bitcoin Will Live Through Every Bank Failure

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up There have been many bank failures as of late. The good news – according to several analysts – is that bitcoin is not only going to survive the onslaught, but it will come out with a bright, shining halo over its head at the end. Bitcoin Is a Fighter At the time of writing, several financial institutions – such...

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US Inflation Rate Surge: Will Fed Stick to Its Aggressive Approach?

On Tuesday, June 13, the markets reacted positively to the publication of inflation data. The inflation rate in the United States increased by 0.1% in May. This inflation figure represents a 4% increase over the past 12 months, which meets the economic expectations of the Fed. But will it be enough for the Federal Reserve to slow down its aggressive monetary policy? According to the Consumer Price Index Summary report for May, published by the US Bureau of Labor Statistics, inflation...

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Politicized Crypto Regulatory Crackdown Could Deter Blockchain Decentralization in Future, Bernstein Analysts Says

The crypto market has turned bearish since the SEC charged Binance and Coinbase with listing unregistered securities last week. The cryptocurrency market is in a crucial growth phase that could significantly determine the winners of blockchain mainstream adoption. The fact that different countries are coming up with respective crypto policies is a true testament that there is a need for an update on the decades-old financial systems. Notably, Europe, Hong Kong, Middle East countries, El...

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The Fed Could Hike Rates Again; What Will Happen to BTC?

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin, Ethereum, and many other assets have experienced certain degrees of healing in the year 2023, a big turnaround from the previous 12 months, though the fact remains that the Fed is still looking into hiking rates, and another rate jump could be right around the corner. The Fed Could Hike Rates Again It...

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Bitcoin Price Stabilizes in $26K Range Following Recent Regulatory-Induced Volatility

The price of Bitcoin is now experiencing some stability after heavy volatility following last week’s events in the crypto sector. The price of Bitcoin (BTC) seems to have stabilized as the world’s largest cryptocurrency by market cap recovers from recent volatility. Throughout last week, Bitcoin was unstable following regulatory issues that plagued the crypto industry and caused uncertainty and doubt. According to CoinMarketCap data, Bitcoin is trading at $26,147 after climbing less...

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SEC Chair Gary Gensler Refers to Bitcoin and Ethereum as Non-Securities in Newly Revealed Video

The SEC chair previously indicated that all cryptocurrencies apart from BTC are securities. In a recently unearthed video from a 2018 crypto-themed event hosted by Bloomberg and Fidelity, Gary Gensler, the current chairman of the United States Securities and Exchange Commission (SEC), made statements that contradict his current position on digital assets regulations in the country. The video, which started circulating on Twitter on June 12, shows Gensler addressing institutional investors...

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Gary Gensler’s War on Crypto Will Put Off Young Voters, Cameron Winklevoss Says

While some Democrats have been criticized for their regulatory stance on cryptocurrencies, it is essential to recognize that not all members of the party hold an anti-crypto position. In recent years, the world of crypto has grown in popularity, particularly among the younger population and the US Democratic Party’s stance on crypto regulations in recent times has raised concerns among influential figures in the industry. Cameron Winklevoss, the co-founder of the crypto exchange Gemini,...

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