Sat, November 8

Bitcoin Lost its Bullish Momentum After Fed’s Announcement

After the financial crisis in the crypto market and the collapse of several major banking institutions, Bitcoin registered better results than nearly 100% of the 500 leading trade companies in the United States on March 2023.  Since March 10, the trading price of Bitcoin has surged by 37.06% and over

March 23, 2023 1 min read

Goldman Sachs Lists Bitcoin as Top Performing Asset Year-to-Date

Goldman Sachs, one of the most prestigious financial institutions in the United States, has singled out bitcoin as the year’s top-performing asset. The leading cryptocurrency is now more valuable than the Nasdaq 100, gold, the S&P 500, and many other traditional financial assets. In terms of year-to-date (YTD) and risk-adjusted

March 21, 2023 1 min read

BitMEX Co-founder Optimistic of Bitcoin Reaching $1M Amid Bank Run

Trading markets saw a surge of comfort as a result of the last-minute actions made by global financial authorities to avoid the banking disaster. The largest digital currency, Bitcoin (BTC), witnessed a spike of 5% on Monday, allowing it to break the $28,000 barrier after a long time. BitMEX’s previous

March 20, 2023 1 min read

Taiwan Appoints Regulatory Body To Increase Oversight of Crypto Sector

In response to growing calls for government oversight of the cryptocurrency sector. Taiwan, officially the Republic of China (ROC) on Monday appointed its top financial regulator as the primary agency responsible for doing so. Chairman of the Financial Supervisory Commission Huang Tien-mu has said that the financial regulator would first

March 20, 2023 2 mins read

Prominent Crypto ETP Issuer 21Shares Suspends Several Offerings

Due to insufficient investor interest, 21Shares, a crypto ETP issuer located in Switzerland, would allegedly shut down five of its funds and delist another. According to Arielle Pennington, the company’s head of global communications, the company will keep offering its other products, which are in high demand. Bloomberg reports that

March 20, 2023 2 mins read

Bitcoin’s Bear Market Ends, Was $28k the Evidence?

Bitcoin (BTC) marked this year’s second high above $28,000 in the last 24 hours. Previously, BTC charted a high of $25,512 at the beginning of 2023. Amid global bank runs, Bitcoin’s bull run powers up the cryptocurrency market’s recovery.  Notably, at press time, the Bitcoin fear and greed index stood

March 20, 2023 2 mins read

All Eyes on Upcoming FOMC Meeting as Bitcoin Expected to Rally

An optimistic result for the cryptocurrency market at the forthcoming Federal Open Market Committee (FOMC) meeting is possible given the continued banking crisis and macroeconomic worries in the United States. On March 21st and 22nd, 2023, the Federal Open Market Committee will convene to discuss how best to achieve the

March 19, 2023 1 min read

Member of European Parliament Advocates Ban on Crypto Amid Bank Crisis

In light of the present financial crisis, former Belgian Finance Minister and Member of the European Parliament Johan Van Overtveldt has advocated for a ban on cryptocurrency. According to Van Overtveldt, the digital asset business creates “no economic or social value.” These were made in a tweet by the ex-Belgian

March 18, 2023 1 min read

Merger Between Credit Suisse Bank and UBS Group Reportedly on the Cards

Recent sources indicated that the historic merger deal between Credit Suisse and UBS Group would be concluded as early as Saturday evening. The Swiss National Bank and the Swiss Financial Market Supervisory Authority FINMA, Switzerland’s central bank and financial regulator, reportedly saw this merger as their sole option to avert

March 18, 2023 1 min read

Cryptos on Green While Stocks Are Red

The sudden collapse in banks made a negative impact on the Stock market. The most active stocks like Dow Jones, S&P 500, and Russel 2000 index are facing a downfall in the market. At the same time, the crypto industry has been witnessing a bullish market after the great collapse.

March 18, 2023 2 mins read
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