Sat, April 20

Bitcoin Is Turning Less Riskier Than Top Global Assets?

Bitcoin intimidated the global macroeconomy with its recent bullish rally during the US bank runs. During the previous financial crisis and liquidity crunches, the Bitcoin price dipped to bottoms with notable declines. But the 2023 US banking crisis witnessed an initial double-digit surge in BTC. Significantly, it surged 65% year-to-date

April 7, 2023 3 mins read

Bitcoin’s Easter Forecast: Is a $30K Price Point on the Horizon?

Bitcoin (BTC) price has been on the rise recently, despite the introduction of potentially harmful legislation. This increase in value has been surprising to many in light of the negative impacts that such regulations could have on the crypto industry. Nevertheless, it appears that investors are confident in the future

April 6, 2023 2 mins read

Crypto Market Briefly Turns Red as U.S. Initial Jobless Claims Down to 228K

The United States Department of Labor (DOL) said on Thursday that around 228,000 people applied for unemployment benefits in the week ending April 1. The market had predicted 240,000 jobs would be created, hence this number was below expectations (which was corrected from 191,000). The report also gave the advance

April 6, 2023 1 min read

Peer-to-Peer Bitcoin Exchange ‘Paxful’Announces Shut Down

Paxful, a peer-to-peer Bitcoin exchange, stated yesterday that it has temporarily ceased operations. This is due to ongoing tensions between co-founders Ray Youssef and Artur Schaback. Although Schaback is working to get back up and running. Youssef has purportedly suggested that Paxful customers switch to a different service. With the

April 6, 2023 1 min read

Will Bitcoin (BTC) Price Reach $30K in April?

Bitcoin (BTC), the largest cryptocurrency in terms of market capitalization, was recently trading at around $28,052, down slightly more than 1.5% over the past 24 hours. The price of Bitcoin seesaws and then stays in the $28,000 range and is still stuck below the significant $30,000 mark as cryptocurrency investors

April 6, 2023 2 mins read

Cash App Founder and Former CTO of Block Murdered in San Francisco

The victim of a deadly stabbing in downtown San Francisco has been named Bob Lee, founder of Cash App and former chief technology officer of Jack Dorsey’s Block. The SFPD homicide is now looking into the case. Lee, 43, was reportedly discovered stabbed to death on Tuesday morning in the

April 5, 2023 1 min read

Marathon Digital Mined a Staggering 2,195 Bitcoin (BTC) in Q1 2023

Marathon Digital, one of the top cryptocurrency mining corporations, mined a record 2,195 BTC in the first quarter of the year, bringing its total holdings to 11,466 Bitcoin. As compared to the results from 2022, the positive outcome at the beginning of this year is striking. A huge storm in

April 5, 2023 1 min read

Michael Saylor Led MicroStrategy Adds Whopping 1,045 Bitcoin (BTC)

Amid ongoing growing unease in the conventional market and the financial sector, the global digital market continues to enjoy an upward rise. The largest cryptocurrency by market cap, Bitcoin (BTC), is driving the market to green indices. MicroStrategy Corporation disclosed in its most recent SEC filing that it has increased

April 5, 2023 1 min read

Will Bitcoin Mining Face Harsh Restrictions in Texas?

Texas, the leading Bitcoin mining capital of the world, is just a phase away from passing the most significant anti-Bitcoin mining bill. On Tuesday, the State Committee in Austin approved the bill with zero opposition votes, moving it to the “uncontested” list. Currently, it is in the queue in the

April 5, 2023 2 mins read