The largest currency climbed to $48,000 last week before retracing its course. The Nikkei 225 index of Japan’s stock market fell more than 1.5 percent earlier today. A 5% correction has occurred in Bitcoin (BTC), and the wider crypto market as investors prepare for the Fed’s largest rate hike. Bitcoin
Sen. Elizabeth Warren called for an investigation of the central bank in October. There will be a six-month grace period for newly covered officials. According to a statement, senior Federal Reserve employees would no longer possess cryptocurrencies or other assets like stocks. The new limits for “investment and trading activity
The FED, established 108 years ago, stated the analyst. Gold presently has a Market Capitalization of roughly $11.215 trillion. Gareth Soloway believes the Dollar and all other global currencies will soon collapse due to widespread public support for Bitcoin. The technical expert said that the continuing expansion of the Federal
Robert Kiyosaki, an author and Bitcoin advocate, has spoken out against the Federal Reserve. In addition, Kiyosaki praised Michael Saylor’s Bitcoin approach, founder of MicroStrategy, for its ability to help investors avoid financial problems. It is worth mentioning that this statement is made after the author’s recent endorsement of Saylor’s
Stellar XLM price has surged to $0.27, marking a new yearly high after breaking out of prolonged consolidation near $0.10. This major rally confirms a strong bullish trend, supported by technical patterns and interest in Stellar as a blockchain solution. Technical Analysis The XLM price chart shows a remarkable breakout
The digital wallet platform of crypto exchange giant Coinbase, Coinbase Wallet, has announced a new incentive structure for USDC, a stablecoin tethered to the US dollar. On the Coinbase-incubated Layer 2 network Base, users who hold USDC in their Coinbase Wallet now have the opportunity to earn a 4.7% annual
Bitcoin (BTC) surged to a new all-time high of $97,628 and is currently trading at $97,360 marking a 5.60% gain in the past 24 hours. The global crypto market cap climbed 2.77% to $3.15 trillion, driven by a pro-crypto U.S. government and institutional demand. Trading volume for Bitcoin rose 6.74%
The United States Commodity Futures Trading Commission (CFTC) has taken a big step toward introducing spot Bitcoin exchange-traded fund (ETF) options. This decision removes a key regulatory barrier, with analysts predicting that these products could soon be available to investors. CFTC’s Announcement On November 15, the CFTC announced that its
The Asian side of the world woke up to the crypto market’s slight dip in prices. However, on a positive note, prices have steadied their position in the bull run after recent rallies. This clears the path for more progressive growth in the coming days. Meanwhile, turning eyes to major
Before dropping to $90,256 on Wednesday, Bitcoin surged to a new all-time high over $91,000. Since Trump’s victory in last week’s US presidential election, the flagship cryptocurrency has soared, setting new records. In terms of market capitalization, Bitcoin is currently larger than Saudi Aramco, the oil giant. Trump promised throughout
