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Tag Archives: BTC

Bitcoin Breaches $28,000 amid Renewed First Republic Bank Crisis

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...

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21Shares and Cathy Wood’s Ark Investment Renew Bitcoin ETF Bid amid BTC Price Rebound

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...

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Bitcoin Price Analysis: BTC Faces Uphill Task Near $29,250

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...

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Popular Tech Investor Chamath Palihapitiya Says ‘Crypto Is Dead in America’

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...

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KuCoin Loses $22,000 due to Twitter Hack, Exchange Announces Reimbursement

KuCoin has assured all the impacted users that it would reimburse them the amount lost while also pledging additional security measures. In the latest development, the hackers managed to briefly breach the Twitter account of the crypto exchange KuCoin thereby causing the exchange users to lose more than $22,000. Earlier today on April 24, hackers took over KuCoin’s Twitter account for 45 minutes, promoting a fake activity. Although the incident was brief, KuCoin has acknowledged that it...

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7 Dinge, welche die Bitcoin-Börse Binance kann, was andere Bitcoin-Börsen nicht können..

Digitale Währungen wie Bitcoin sind wieder im Aufwind und immer mehr Menschen investieren in diese digitalen Währungen. Die Wahl der richtigen Kryptowährungsbörse spielt dabei eine wichtige Rolle. Eine der bekanntesten und grössten Börsen ist Binance, die ihren Nutzern einige einzigartige Funktionen bietet. In diesem Artikel werden sieben Dinge vorgestellt, welche Binance kann, was andere Bitcoin-Börsen nicht können. Binance Launchpad Binance Launchpad ist ein einzigartiger Service, der es...

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Bitcoin (BTC) Price Projections to $50K Grows Ahead of Next Year’s Halving

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...

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Standard Chartered: Bitcoin Tipped to Hit $100,000 by 2024 End

With all the predictions, it appears that Bitcoin may truly be getting ready for a long rally. Flagship cryptocurrency Bitcoin could climb as high as $100,000 by the end of next year, according to Standard Chartered. If that level is reached, it would mark a 270% surge from Monday’s level of just over $27,000 that CoinMarketCap data shows. According to Standard Chartered‘s report, the so-called “crypto winter” is over, and from all indications, Bitcoin is set to go on a gaining...

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Ethereum-Preis: 5’000?

In den letzten Jahren hat sich Ethereum als eine der führenden Kryptowährungen der Welt etabliert. Die Blockchain-Technologie, auf der Ethereum basiert, hat sich als äusserst vielseitig erwiesen und bietet eine Vielzahl von Anwendungsmöglichkeiten. Als Ergebnis dieser Leistung hat Ethereum in letzter Zeit auch ein stetiges Wachstum in Bezug auf den Preis erfahren. Für viele Investoren hat sich eine Investition in die Ethereum Community bezahlt gemacht. Angesichts der jüngsten Entwicklungen...

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Avalanche: Zunehmende Adoption

Avalanche-Subnets nach täglich aktiven Adressen Ava Labs hat die Evergreen Subnets eingeführt, eine neue Funktion des Avalanche-Netzwerks, um dessen Einführung durch Finanzinstitute zu beschleunigen. Dieses Tool ermöglicht die Erstellung von genehmigten Netzwerken, die die spezifischen Anforderungen von Institutionen erfüllen und dennoch von der Sicherheit einer öffentlichen Blockchain profitieren. Institutionen können ihre privaten Netzwerke mit...

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