Thu, September 3

Can Bitcoin Price Hit $30K Level This Week Post Consolidation?

With a 70% increase this year, Bitcoin (BTC) has reached its highest price in nine months, substantially over $29,000. While the derivatives market has been revitalized by the recent upswing, total leverage use is still modest, indicating a minimal probability of “liquidations-induced” severe price movements. For almost three weeks, the

April 10, 2023 1 min read

Bitcoin MarketCap Beats Prominent Global Giants To Claim 8th Spot

The greater a cryptocurrency’s market valuation, the more influential it is thought to be. This is why many people consider market capitalization to be the most crucial factor when deciding how to rank various cryptocurrencies. Since the beginning of the year, Bitcoin’s value has climbed by leaps and bounds, causing

April 10, 2023 2 mins read

Prominent Author Robert Kiyosaki Warns of Possible Collapse of U.S Dollar

Robert Kiyosaki, the author of Rich Dad Poor Dad, has expressed worry about the future of the United States, hyperinflation, and the possible collapse of the U.S. currency. Kiyosaki and Sharon Lechter wrote the book “Rich Dad, Poor Dad” in 1997. It has been on the list of best-sellers at

April 9, 2023 1 min read

Several SVB Auditors and Underwriters Including KPMG Being Sued

Industry heavyweights are in legal hot water as a result of the worldwide financial crisis sparked by the failure of the Crypto-friendly Silicon Valley Bank (SVB). Underwriters including Goldman Sachs Group Inc, Morgan Stanley & Co., and Bank of America Corp, as well as SVB’s auditor, KPMG LLP, have allegedly

April 8, 2023 1 min read

Connecting Dots: Is Steve Jobs the Real Satoshi Nakamoto?

After finding Bitcoin’s whitepaper in the macOS, there is controversial talk going on in the crypto world that Steve Jobs is actually the real Satoshi Nakamoto, the creator of Bitcoin.  On April 5, technologist Andy Baio shared a blog after discovering the Bitcoin white paper while attempting to fix his

April 8, 2023 1 min read

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