Sun, April 19

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

Indian College Student Commits Suicide Due to Crypto Scam

When it comes to cryptocurrency, the Indian government has always been wary because of its decentralized aspect. The recent bankruptcies of many cryptocurrency enterprises, however, have only amplified the voices of others who disagree. To add insult to injury, crypto frauds have caused significant harm to individuals curious about cryptocurrency

March 12, 2023 1 min read

Silicon Valley Bank UK Closed by Bank of England (BoE)

In a statement made on March 10th, the Bank of England (BoE) announced that SVB UK will “stop making payments or accepting deposits.” Because BoE planned to petition the court to initiate a “Bank Insolvency Procedure” against SVB UK. As Silicon Valley Bank’s U.K. branch (SVB UK) has no “critical

March 12, 2023 2 mins read

Bitcoin Fear and Greed Sentiment Changes to ‘Fear’ Amid Market Downturn

After a promising start, crypto has taken a beating this year, with external factors being at fault once again being the primary cause. As a consequence, bitcoin and other cryptocurrencies have suffered, contributing to yet another shift in public opinion. Several cryptocurrency-related organizations and projects collapsed last year, leading to

March 11, 2023 1 min read

Privacy-focused Brave Browser Now Allows Selling Crypto Within Wallet

On Friday, Brave, a web browser with an emphasis on privacy, announced the launch of a new feature. It enables users to trade their crypto for fiat currencies such as US dollars, Euros, or British pounds without leaving the Brave Wallet. Since major cryptocurrency exchanges misused client funds and finally

March 11, 2023 2 mins read

Current Crypto Crash Does Not Seem To Be a Coincidence

Bitcoin (BTC) fell roughly 8% in the last 24 hours before Friday morning’s employment figures. But it has since recovered marginally, rising back to just around $20,000. A steady unemployment rate of 3.4% was predicted, but instead, the rate increased to 3.6%. Recent statistics indicate a frightening $2 trillion loss

March 10, 2023 2 mins read

U.S President Proposes 30% Tax on Electricity Used For Crypto Mining

U.S. President Joe Biden unveiled his proposed yearly budget recently. The president laid forth his plans for the next year. The proposal mentioned cryptocurrency mining in the context of the digital asset sector.  In particular, Biden has proposed a 30% tax on all power used to mine Bitcoin and other

March 10, 2023 1 min read

Bitcoin (BTC) Price Hits $19K, Will the Decline Continue?

Crypto market leads Bitcoin (BTC) and Ethereum (ETH) have plunged more than 8% in the last 24 hours. The whole market is in panic as every other cryptocurrency is seen in red. Among the top 20 coins, only the stablecoins are witnessing a green graph.  The fall is continuously declining

March 10, 2023 1 min read
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