Sun, November 9

Bitcoin Price Jumps to 26K, Will this Prolong or Breakdown?

The global crypto market leader, Bitcoin (BTC), surged over 6.48% in the last 24 hours and reached a nine-month high of $26,256 after taking a deep dive into the $15K range during the prolonged bear market. In addition, BTC recapped a market cap of the $5 billion range since June

March 17, 2023 1 min read

Whale Transfers 2,500 Bitcoin (BTC) Worth $62M to Binance

During a massive Bitcoin price surge, crypto titans seem to have jumped into action with massive buying intentions. As US banking stocks plummeted on Monday due to the bankruptcy of Silicon Valley Bank and Signature Bank, investors were relieved to see a surge in the value of cryptocurrencies. Even though

March 15, 2023 2 mins read

Bitcoin Breaches $26k Level as Crypto Market Rallies Post CPI Inflation

The value of Bitcoin (BTC), the biggest cryptocurrency, increased by an astounding 18% during the previous 24 hours to surpass the $26,000 mark. This increase occurs after inflation rates seemed to be leveling off in February. Yet, February’s inflation increase was in keeping with market forecasts. The annual inflation rate

March 14, 2023 1 min read

Bitcoin (BTC) Price Witnesses Rapid Surge Crossing $26K Mark

The United States Consumer Price Index (CPI) data exhibited conflicting inflation indications on March 14, driving Bitcoin (BTC) over $26,000. The announcement of the Consumer Price Index for February triggered an unexpected wave of turbulence. Year-over-year inflation rose by 6%, while inflation from month-to-month came in at 0.4%, which was

March 14, 2023 1 min read

Silicon Valley Bank Collapse is Flashback of Lehman Brothers?

Silicon Valley Bank (SVB), which had connections to big-shot international technology firms and venture capital, failed on 10th March due to one of the oldest issues in banking. Also, the startling collapse of Silicon Valley Bank and Signature Bank, which were affected by SVB, continued the wave in the U.S.

March 14, 2023 1 min read

Silicon Valley Bank Sued by Shareholders Alleging Fraud

As per reports from Bloomberg, investors have filed a fraud lawsuit against the Silicon Valley Bank, which was shut down last week. Additionally, the financial institution’s abrupt and unexpected collapse is the greatest bank failure since the 2008 financial crisis. The Federal Reserve made an announcement over the weekend that

March 14, 2023 2 mins read

Bitcoin Surpasses $24K to Confirm Next Bull Run?

The decentralized pioneer Bitcoin transitions to an uptrend spiking the anticipation of a bull run. Despite the Fed economy being in financial distress of the centralized bank runs, BTC outperformed by surging above $24,000.  Following the closure of Signature bank, BTC shot up from $20k to $24.8K. Significantly, since the

March 14, 2023 2 mins read

Bitcoin (BTC) Price Jumps Whopping 18% Surpassing $24k Level

Bitcoin (BTC) reached its monthly high on March 13 when U.S. bank equities saw one of the greatest collective stops in their history. According to CMC, the price of BTC surpassed the $24k level and is now trading at $24,348. In the last 24 hours, it is up by 18%.

March 13, 2023 1 min read

Goldman Sachs No Longer Expects Fed’s Interest Rate Hikes

While the global economy buzzed by the sudden collapse of the U.S. second-largest bank, Silicon Valley Bank (SVB), Goldman Sachs analysts predicted that they “no longer expect an interest rate hike” at March 22 meeting. In the past, Goldman Sachs reportedly predicted that Fed’s interest rates would increase by 25

March 13, 2023 2 mins read

Bitcoin Price Back to $22K, Sign of Recovery?

The largest cryptocurrency, Bitcoin ($BTC), starts the week with significant price changes. BTC soared more than 9.5% in the last 24 hours after plunging as low as the $19 range over the weekend. Also, the biggest altcoin, Ethereum ($ETH), rose by almost 10%.  The price of Bitcoin is skyrocketing as

March 13, 2023 2 mins read
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