Almost one year after a billion-dollar seizure of dark web’s crypto, the same agency discovered another massive treasure hidden under a different hacker’s floorings. Dark web drugs market that is broadly known as the Silk Road was designed to be a mysterious underworld economy that avoided all governmental control. On …
Read More »As India takes the lead, Canada joins the crypto race
Canada’s crypto adoption rose to 8%, with more than 2.6 million investors currently. In the 2022 budget, a government’s plan to launch a financial sector legislative review was announced.Quebec’s energy supplier, Hydro-Quebec, proposed cutting electricity off for blockchain operations. India also is leading crypto adoption on a global scale, but …
Read More »Is Bitcoin Able To Recover?
Bitcoin is now trading at $19,3315, which is obviously lower than the previous highest highs of $69,000. The most famous cryptocurrency lost -$256.70 on Monday. With inflation increasing in the US, Bitcoin struggles to recover. The macroeconomic climate seems too difficult for Bitcoin and investors have realized that gains will …
Read More »Bitcoin manages to hold on despite rate policy concerns
Traders witnessed another day of battle for control of Bitcoin’s $19,200 support level, as there was seldom any change to the persistent choppy price action in the crypto market during trading on Wednesday.The US dollar’s Index, DXY, rebounded and so, spiked above 113 near midday after hitting a low of …
Read More »Will Mastercard’s latest move boost crypto trading?
Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard partnered with Paxos Trust Company to support this program. The new program will bring crypto trading capabilities to banks. In partnership with regulated and licensed …
Read More »Bitcoin declines ahead of CPI data
Bitcoin price performance declines in line with US stocks ahead of classic volatility caused by the US Consumer Price Index data. The cryptocurrency’s price followed analysts’ predictions with mixed action continuing around $19,000 at Tuesday’s Wall Street open. At the time of writing, bitcoin is trading at $18972.The BTC/USD pair …
Read More »Bitcoin Falls On Market Volatility
Bitcoin slides –1.15% and other cryptocurrencies are also weaker Monday due to negative sentiment for risk-sensitive assets that continued to deteriorate in the wake of Friday’s US jobs data. Crypto holders seem to be prepared for more volatility this week with key inflation data on the economic docket. Bitcoin is …
Read More »Bitcoin slides on NFP data
The crypto market settled in the red territory on Friday, with Bitcoin heading the downtrend of the $20,000 mark again as analysts eye further rate hikes in light of the strong NFP data.October is usually a positive season for Bitcoin’s price movements, however, as the first full week of the …
Read More »Bitcoin surges above $20000
Bitcoin surged on Tuesday and is seen climbing above $20,000 for the first time in three weeks. The most famous cryptocurrency settled below the milestone threshold by Tuesday early afternoon.At the same time, bitcoin’s returns are tracking increasingly to gold and its 30-day performance now sits a highs not seen …
Read More »What Could Bitcoin Expect In Q4?
Bitcoin price has developed a stronger deviation and so is hinting at more upside. Despite the optimistic technical considerations, investors actually expect volatile swings coinciding with the end of the third quarter of 2022. Bitcoin price is trading above two crucial levels, suggesting a stable position. Combining this anticipation with …
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