Cryptocurrency

Bitcoin (BTC-USD) is a type of cryptocurrency that does nothing, said JPMorgan Chase CEO Jamie Dimon who said he would advise his clients not to get involved in Bitcoin (BTC-USD), or in any of the new ETFs that were approved last week.Those include Grayscale Bitcoin Trust (GBTC), Blackrock’s iShares Bitcoin …

Following the introduction of eleven bitcoin exchange-traded funds (ETFs) in the United States, the cryptocurrency saw a notable decline on Friday, capping a week of positive growth. The majority of the cryptocurrency market was down as the price of bitcoin fell by about 6% to $44,022.22. But on Thursday, it …

As the volatile 2023 concludes, the Ethereum market price recovers remarkably, forming an ascending triangle pattern in the weekly chart. Buyers are attempting a bullish breakout fueled by the recent October rally of 2023. If buyers manage to cross the Ethereum market value above $2200, the bull run continuation can …

Bitcoin price continued surging amid positive developments in Spot Bitcoin ETF applications. BlackRock filed an S-1 amendment, a registration statement that the SEC requires issuers to file ahead of new securities offers. On-chain researchers said that there were symptoms of anxiety among bitcoin dealers, which helped the price of BTC …

Investors were hoping for a spot BTC ETF approval in January over the weekend. Altcoins such as Axie Infinity’s AXS tokens, ApeCoin’s APE, and Enjin Coin’s ENJ have all seen a surge in value since the release of the GTA 6 trailer. Illuvium’s ILV token and Aptos’ APT token, which …

After FTX collapsed, Binance’s CEO, Zhao Weibo, found Changpeng Zhao, also known as C.Z., guilty of fraud. Binance is the largest cryptocurrency exchange in the world. In addition to paying $4.3 billion in fines and restitution, Binance will also step down as CEO and pay a $50 million fine. In …

Bitcoin as well as other cryptocurrencies rallied on Thursday. The most famous cryptocurrency has reached 18-month highs, with analysts expecting more upside if digital assets continue their momentum. At the time of writing, Bitcoin is trading at $36090.The next bitcoin halving in April is expected to reduce the issuance rate …

After a few days of relatively low volatility, the price of the most famous cryptocurrency has headed north once again, surpassing the coveted level of $35,000, before plunging down below it almost immediately. Bitcoin is trading at $34243 at the time of writing. Somewhat expected, the move resulted in millions …

The beginning of the third quarter and the final trading week of September saw decreased cryptocurrency values. According to Coin Metrics, Bitcoin momentarily dropped to a low of $26,011.41 on Monday morning, its lowest point in almost two weeks. The last time it decreased by almost 1%. The leading cryptocurrency …

Bitcoin price is targeting $27,000 as bulls ignore surprise PPI inflation data. Despite recent macro data showing a rebound in US inflation, Bitcoin traders are anticipating greater increases. The Consumer Price Index (CPI) and Producer Price Index (PPI) August prints reaffirmed the US inflation return, and Bitcoin continued to gain …