Sat, July 26

Investors Eye Fed Speeches This Week for Clues on Rate Hike Decisions

One of the most talked-about U.S. Spot Ethereum ETFs got the go light from the SEC last week, setting off a chain reaction in the cryptocurrency market. Notably, last week, as optimism grew, Bitcoin and most altcoins rose. It seems that investors’ trust in the digital assets market has been

May 26, 2024 1 min read

Trump Vows Cryptocurrency Support, Accepts Crypto for 2024 Presidential Campaign

The former US president and Republican candidate for president this year, Donald Trump, has once again shown his support for cryptocurrency. His ambitions to back crypto startups were disclosed in a post the former president made on Truth Social, his social media platform. For some time now, people have seen

May 26, 2024 1 min read

Algorand’s New Controversial Ad Criticizes Bitcoin, Ethereum and Solana

Mixed reactions have been elicited by a new advertisement by Algorand foundation, which criticizes Bitcoin, Ethereum, and Solana, claiming that they are unfit for payment purposes. The commercial sparked quite a commotion due to its immense social media exposure and criticism of competition. A new commercial from the Algorand Foundation

May 25, 2024 1 min read

Should BTC Investors Prepare For a Dip Under $56K?

Bitcoin has experienced significant volatility over the past 24 hours, decreasing by 3.35%. After peaking at $70,041.27, the price eventually fell to $66,356.95. Three days ago, Bitcoin hit a monthly high of $71,979, but the bulls couldn’t maintain the momentum. Despite this, Bitcoin is up 2.30% over the past week,

May 24, 2024 1 min read

Will Bitcoin Return to $73K by the End of 2024?

Bitcoin (BTC) remained relatively stable early Thursday, with little change in price around $69,500. The lack of a clear direction comes ahead of the U.S. Securities and Exchange Commission’s (SEC) decision on VanEck’s spot ether ETF application, expected later in the day. BTC had previously faced resistance above the $71,500

May 23, 2024 2 mins read

Fed Survey Finds 18 Million Americans Engaged with Crypto in 2023

According to the most recent annual household survey conducted by the Federal Reserve, the number of individuals in the United States who reported owning or using cryptocurrency fell to around 18 million in 2023. Following drops of 10% in 2022 and 12% in 2021, the Federal Reserve’s Survey of Household

May 23, 2024 1 min read

Goldman Sachs CEO David Solomon Predicts No Fed Rate Cuts in 2024

David Solomon, CEO and chairman of Goldman Sachs, forecasted that the Federal Reserve would not decrease interest rates this year. Since it is a highly volatile asset, Bitcoin reacts quickly to shifts in the economy as a whole. The global financial market is seeking solutions to wide questions, and David

May 23, 2024 2 mins read

MetaMask to Add Bitcoin Support, Expanding Crypto Wallet Capabilities

The Ethereum wallet MetaMask is going to have Bitcoin compatibility soon, allowing it to extend its capabilities even further. The company hopes that by doing this, users of Bitcoin and Ethereum would be able to more easily deal with one another. The goal of this work is to provide a

May 23, 2024 2 mins read

White House Opposes FIT 21 Bill, Citing Inadequate Investor Protections

Concerned that FIT 21 does not adequately safeguard investors, the White House has opposed the bill. Despite the bill’s potential to impact future crypto market laws, this step is still being made. Additionally, the statement highlights the administration’s readiness to collaborate with Congress to improve the digital assets’ legal framework.

May 22, 2024 1 min read

BTC Price Dips Down to $69K on Bitcoin Pizza Day!

The crypto market has shown optimistic performances this week. Bitcoin, Ethereum and other Altcoins have shown upward trends in market price. With the Bitcoin Pizza day celebrated today, the leading cryptocurrency’s prices dipped down to the $69K mark.  BTC witnessed a price recovery that snowballed to new monthly highs in

May 22, 2024 2 mins read
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