Tag Archives: Bitcoin

Bitcoin price has finished the first half of 2022 and things prospects do not seem good. With record negative returns, BTC is likely to continue falling heading lower, particularly if one particular support level happens to be breached. Bitcoin price crashed by 56% in the second quarter, making it the …

The US Dollar Index extended above 105.000 but sharply retreated together with the Japanese Yen regrouping as yields dropped. The dollar rally remains largely intact, given accelerating concerns about a global recession, although data on Thursday was not positive and did very little to ease concerns about the US economy’s …

Bitcoin price predictions have become a hot topic of discussion among crypto traders today after the US Securities and Exchange Commission’s plan for a BTC spot exchange traded fund (ETF).Grayscale sought to transform its Bitcoin Trust into an ETF for Bitcoin before the SEC rejected its application. According to the …

Bitcoin’s price entered a consolidation phase on Wednesday while its downtrend seems to have stopped after a severe shakeout to $17K. This range is likely to provide significant support, as it contains the 2017 all-time high, and it might spark a short-term rally towards the $30K region.Bitcoin price has fallen …

Bitcoin has surged 5% and topped nearly $22,000 over the weekend, in what can be seen as a big jump from early June’s $17,500 low. Ethereum saw a big jump as well, rising to above $1,200. For investors. The big question in the crypto asset market now is whether the …

Finally, Securities and Exchange Commission Chairman Gary Gensler has said, on Monday, that bitcoin is the only cryptocurrency he is willing to publicly consider as a commodity, rather than a security.The debate over whether any particular cryptocurrency can be labeled a commodity rather than a security has far reaching implications …

Federal Reserve Chairman Jerome Powell testified before the Senate Committee on Banking, Housing, and Urban Affairs on “the semiannual monetary policy report to congress” Wednesday. Earlier this month, the Fed hiked rates by 75 basis points, or 0.75 percentage point. “Clearly, today’s 75 basis point increase is an unusually large …

This morning, Bitcoin price, Ethereum and other cryptocurrencies look to be deviating from global markets after the third recession warning on Wednesday. With commodities still facing selloffs on Thursday and stock markets maintaining mixed performance, cryptocurrencies look to break the trend and shed the weight of the correlation with global …

Major cryptocurrency exchange Coinbase will transform the user experience on its platforms and will gradually halt the Coinbase Pro service. Separately, the company launched its redesigned Wallet mobile application which makes it easier for users to access and navigate top decentralized apps (dapps) and also enables support for Solana. The …

As cryptocurrency prices have lately retreated, there has been increased scrutiny on several athletes who have bragged about getting paid in cryptocurrency, and how much money those athletes have lost. A viral story has claimed that Jaguars quarterback Trevor Lawrence lost $15 million after taking his entire $24 million signing …