Cryptocurrency

Since last halving, i. e. halving Bitcoin mining rewards, the world’s most popular cryptocurrency has been showing a great deal of strength and momentum due to the upbeat effect of this technological process that is repeated approximately every four years.The largest cryptocurrency, in terms of transaction volume, was halved on …

Switzerland’s central bank is urged by a group of Bitcoin supporters to include Bitcoin in its strategic reserves. A campaign to persuade the Swiss National Bank (SNB) to include Bitcoin in its balance sheet has been started by a group of proponents of the cryptocurrency in Switzerland. The nonprofit group …

Amid cautious optimism, a number of meme currencies are soaring, with a few recording double-digit gains in spite of the typical weekend slowdown. Top gainers in the sector are BONK, FLOKI, PEPE, and SHIB, while DOGE is attempting to catch up following Dogecoin Day. The reason for the spike in …

Reports about missile attacks hitting Iran in the early hours of Friday prompted a flight for safety across financial markets. Financial markets immediately experienced risk aversion. US stock index futures were down between 0.55% and 0.8% in the early European session, reflecting the risk-averse environment in the market. The US …

Bitcoin experienced a slight dip in price on Wednesday, maintaining its position within a trading range established over the past month. The market sentiment continued to be delicate as U.S. interest rates remained elevated. Recent sessions witnessed a surge in the strength of the dollar, putting pressure on crypto markets. …

Bitcoin (BTC) is grappling with the fallout from escalating tensions between Iran and Israel, which have cast a shadow over risk assets this week. The world’s largest cryptocurrency experienced a 3.4% decline against the US dollar on Monday, closing at $63,318, marking its lowest closing price in nearly a month. …

Bitcoin, the most famous cryptocurrency with over $1.4 trillion in value, is to undergo a major upgrade known as the halving event. This is planned to take place within less than one week. This halving, which has historically triggered a massive surge in Bitcoin’s price, this is mainly because of …

US Inflation Surges: CPI Hits 3.5% in March In the latest update from the US Bureau of Labor Statistics (BLS), inflation in the US, as gauged by the Consumer Price Index (CPI), demonstrated a notable uptick. March saw a year-on-year increase to 3.5%, up from February’s 3.2%, surpassing market forecasts …

On April 4, Bitcoin saw daily gains above $4,000 as traders anticipated upcoming short liquidations. Bitcoin surprised market watchers by rising about 5% from the day’s low. They saw bulls correcting a chart inefficiency following recent declines. Early April saw a dip in Bitcoin prices, but on Thursday it recovered …

Bitcoin halving is a scheduled event that takes place every almost four years and its main result is to lower the reward for miners in order to validate transactions by fifty percent. The protocol of Bitcoin includes this method to limit the rate of inflation and guarantee a limited number …