Bitcoin (BTC) has found itself caught in a stiff consolidation phase, with price levels swinging between $34,800 and $35,250. Despite several attempts by the bulls to break through the resistance at $35,250, the bears have proved strong around the $35,300 and $35,550 levels. This week, Bitcoin made multiple efforts to
Defunct crypto exchange FTX has submitted a petition to the Delaware bankruptcy court for the liquidation of trust assets held by Grayscale and Bitwise estimated to be worth $744 million. Statements from FTX and its debtors indicate that they expect this approach to facilitate preparation for payments to creditors in
According to crypto researcher ZachXBT, over $600,000 in Bitcoin (BTC) was stolen from consumers who downloaded a bogus Ledger Live app on Microsoft’s app store. On November 5th, an on-chain researcher discovered a hoax called “Ledger Live Web3” that pretends to be a user interface for crypto hardware wallets made
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
