Tag Archives: Bitcoin News

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...

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...

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...

Chamath Palihapitiya blamed the US regulators for their heavy crackdown recently on the US crypto industry and all associated players. In the latest regulatory developments taking place in the United States, popular tech investor Chamath Palihapitiya shared a very cautious move about crypto assets. Over the last few years, Palihapitiya has been sharing bullish views about Bitcoin stating that it has replaced gold and that the BTC price would shoot to $200,000. Chamath Palihapitiya and His...

For what appears to be the first time in about 24 months, many crypto heads and analysts are saying bitcoin – the world’s number one digital currency by market cap – will be more volatile in the coming future than its closest relative Ethereum, which has long been the number two crypto and bitcoin’s primary competitor. Bitcoin Is on the Verge of Beating Ethereum in the Volatility Dept. The funny thing about a statement like this is that throughout its short history,...

Billionaire investor and crypto bull Mark Cuban is still a bitcoin fanatic. Despite everything that happened in 2022 and how bearish the market was, the space’s volatility and speculation has not put the owner of the Dallas Mavericks basketball team off from putting everything he has into bitcoin, the world’s number one digital currency by market cap. Mark Cuban Still Loves BTC In a recent interview with Bill Maher, a famed talk show host, Cuban claimed that owning gold...

Bitcoin billionaires are back. Given how hairy 2022 was, we put out an article not too long ago talking about how badly these crypto-laden individuals were hit during the previous bear market, but at the time of writing, the world’s number one digital currency by market cap is on the verge of striking $30K per unit, and it’s largely benefited from the recent banking crisis that’s occurred. Bitcoin Billionaires Are Here Again Over the course of just seven days in late...

Bitcoin price is hinged on the current perception of the macroeconomic outlook and monetary policies from the United States Federal Reserve. The forthcoming Bitcoin (BTC) halving slated for April 2023 might have a significant impact in helping to push the price of digital currency to a new pedestal. The anticipation of the Bitcoin network event has spurred a renewed bullish projection from the top industry analyst. According to insight from Bloomberg Intelligence and Matrixport, the...