Bitcoin, the leading cryptocurrency by market capitalization, is currently experiencing a strong bull run. BTC reached an 18-month high on November 2, surging to $35,981, defying the persistent bearish trend that dominated it for nearly a year. October 2023 proved to be one of the most remarkable months for Bitcoin’s
Recent drops in interest rates have been felt across the board in the United States yield curve as investors bet the Federal Reserve has completed its policy tightening. In October, the United States created 150,000 jobs, which was lower than the 180,000 predicted by economists and the 297,000 added in
Investors are expecting an eventual rise in Bitcoin prices after the anticipated U.S SEC approval of a Bitcoin spot ETF, which is projected to drive more capital. Meanwhile, during its meeting in November, the Federal Reserve decided to leave interest rates unchanged. The next decision by the central bank might
Sumit Gupta, the CEO and co-founder of crypto exchange CoinDCX recently took to Twitter to announce that the Advertising Standards Council of India has adopted two key suggestions made by the Bharat Web3 Association in regards to the ‘Guidelines for Advertising Virtual Digital Assets and Linked Services’ released in February
St. Galler Kantonalbank (SGKB), Switzerland’s fifth-largest cantonal bank, has made headlines by deciding to broaden access to crypto services. SGKB is planning to provide Bitcoin (BTC) and Ethereum (ETH) trading and custody services to customers in Switzerland in partnership with SEBA Bank, a digital asset specialist licensed by the Swiss
Bitcoin’s (BTC) price nearly hit $36,000 for a short period of time recently, injecting fresh optimism into the cryptocurrency market as a whole. The US Federal Reserve’s decision may be a contributing cause to the recent uptick. The decision by the United States Fed to postpone interest rate rises may
The US Federal Reserve made a significant decision during its policy meeting from October 31 to November 1. Despite the US economy’s resilience and persistently high inflation above the Fed’s 2% target, the central bank chose to keep interest rates steady at their current 22-year high. This decision marks the
Finance Minister Mehmet Simsek told Turkey’s planning and budget committee late Tuesday that the country is in the “final stage” of introducing crypto legislation to its parliament, the last step necessary for it to be removed off the Financial Action Task Force’s (FATF) “grey list.” The “grey list” compiled by
BTCO, the ticker for Invesco and Galaxy’s spot Bitcoin exchange-traded fund (ETF), has been listed on the website of the Depository Trust and Clearing Corporation (DTCC), indicating progress in the application procedure. Since the ETF was not featured on the list on October 25 according to the WayBack Machine’s site
Bitcoin, the leading cryptocurrency, delighted the crypto community by wrapping up October with a bullish surge, affectionately nicknamed “Uptober” by enthusiasts. The community had high expectations for BTC throughout the month, given that historical data shows Bitcoin hasn’t experienced a negative October since at least 2013, with only two exceptions.
