Sun, July 5

Bitcoin Bears Maintain Grip Despite Bulls Valiant Efforts

Bitcoin, the largest crypto by market capitalization, recently surged to a momentary high of $27,432. This is the highest point it has reached since the GBTC victory over the SEC on August 29. This has left the crypto community both puzzled and hopeful as the price subsequently tumbled to $26,868

September 19, 2023 2 mins read

Canadian Bitcoin Miner Hut 8’s Merger With USBTC Approved by Court

The Bitcoin mining firm Hut 8 in Canada is merging with US Bitcoin (USBTC). A new organization that will have major effects on Bitcoin mining and high-performance computers has been given the go light by the Supreme Court of British Columbia. The merger, which was announced in February 2023, was

September 18, 2023 2 mins read

Bitcoin Price Witnesses Sharp Surge; Can Bulls Maintain Momentum?

Bitcoin has had a great start to the new week and the price is showing strong bullish momentum. Crypto traders and investors alike are paying extra attention to the FOMC meeting due to its impact on the overall market in recent years. Two major events on Wednesday might have a

September 18, 2023 2 mins read

Goldman Sachs Predicts Possible Interest Rate Delay by U.S Fed

One of the world’s most prestigious investment firms, Goldman Sachs, has made the outlandish claim that November may not see an interest rate increase. The strategists at Goldman Sachs recently released a report outlining the several variables that have led them to expect an interest rate rise delay. They emphasized

September 17, 2023 1 min read

Billionaire Investor Mark Cuban’s Crypto Wallet Drained of $870k

Mark Cuban, billionaire businessman, allegedly had one of his hot wallets emptied of about $870k worth of cryptocurrency. On September 15 at about 8 pm UTC, a blockchain investigator Wazz initially noticed the exploit after drawing attention to unusual activity in one of Cuban’s wallets that he hadn’t used in

September 16, 2023 1 min read

Bitcoin Mining Goes Green: Over 50% Renewable Energy Usage Achieved

It seems that the criteria set by Elon Musk in 2021, that miners must use around 50% renewable energy sources “with positive future trend,” has been reached. The amount of Bitcoin mining energy originating from renewable sources has surpassed 50%, according to Bloomberg analyst Jamie Coutts, who posted the news

September 16, 2023 1 min read

Bitcoin Surges Above $26,500: Can Bulls Propel Prices Further?

Bitcoin and other cryptocurrencies were lately facing severe downtrend due to fears that FTX may unload its cryptocurrency holdings. This selling pressure resulted in Bitcoin drop terribly and a general decline throughout the cryptocurrency market. Fear of selling pressure from FTX subsided, however, and BTC prices climbed back over $26,500,

September 15, 2023 2 mins read

Bitcoin Price Surge: Is $30K Within Reach Amid Rising Inflation?

Inflation in the United States surged to an annual rate of 3.7% in August, surpassing the consensus expectation of 3.6%, according to the latest Consumer Price Index (CPI) statistics released by the U.S. Bureau of Labor Statistics. This marks the second consecutive month of rising inflation, with the CPI rising

September 14, 2023 2 mins read

Crypto Market Reacts Positively on U.S Inflation Rising by 3.7%

U.S. inflation reached 3.7% annually in August, according to the latest CPI statistics issued today by the U.S. Bureau of Labour Statistics, which beat the consensus expectation of 3.6%. Inflation has risen for two months in a row, according to the most recent figures. The Consumer Price Index (CPI) rose

September 14, 2023 1 min read

U.S Inflation Rises by 3.7%; Crypto Market Reacts Positively

U.S. inflation reached 3.7% annually in August, according to the latest CPI statistics issued today by the U.S. Bureau of Labour Statistics, which beat the consensus expectation of 3.6%. Inflation has risen for two months in a row, according to the most recent figures. The Consumer Price Index (CPI) rose

September 13, 2023 1 min read