Bitcoin

Bluestone Mining Empowers Passive Income through Innovative Cloud Mining

BluestoneMining is pioneering a transformative approach to the digital asset industry, democratizing the cryptocurrency mining space by introducing revolutionary cloud mining solutions. This groundbreaking development aims to make the process of mining digital currencies accessible to a wider audience by simplifying and removing human involvement. Founded in 2016, BluestoneMining is

March 23, 2024 3 mins read

Uniswap Labs Replies to SEC's Wells Notice, Argues Lack of Regulatory Authority

U.S SEC Chair Gary Gensler Yet Again Takes a Jab at Crypto Market

In his most recent jab at the cryptocurrency market, U.S SEC Chair Gary Gensler said that it could use some “disinfectant.” At Friday’s Columbia Law School conference, Gensler discussed the need and advantages of disclosures about climate and cyber threats, among others, in the financial markets. In the end, disclosures

March 23, 2024 1 min read

JPMorgan Cautious on Crypto Market Amid Retail Investor Pullback

Bitcoin Struggles to Break $68,000, Should Investors Worry?

Despite recent favorable movements in the crypto market, Bitcoin (BTC) investors encountered hurdles as the leading cryptocurrency struggled to breach the key resistance level of $68,000. However, following a brief dip to $61,164 on March 20th, Bitcoin managed to recover, maintaining a position above the $66,000 to $67,300 range. Bitcoin’s

March 22, 2024 1 min read

Zimbabwe Eyes Crypto Regulation Amid Economic Instability

JPMorgan Warns of Bitcoin’s Overbought Status Ahead of Halving

This past week, Bitcoin’s inherent volatility was on full display, thrusting it back into the spotlight. With all the ups and downs, Bitcoin’s price dropped 9% in the last week. At the time of writing, it is trading at $65,472. Despite Bitcoin’s slight recovery this week, the biggest cryptocurrency by

March 22, 2024 2 mins read

Bitcoin (BTC) Down 8% In a Week: Is This the Reason?

Bitcoin has once again taken center stage, showcasing its characteristic volatility over the past week. Amidst fluctuations, Bitcoin experienced a notable 9% decrease in price within seven days, settling at its current trading value of $66,873.57. A significant development accompanying this price movement is the observed decline in trading volume,

March 21, 2024 2 mins read

Investors Anticipate Steady Interest Rates Amid Mixed PCE Inflation Data

U.S Federal Reserve Keeps Interest Rate Unchanged

A decision to maintain unchanged interest rates has been made by the Federal Reserve. Based on this decision, the benchmark overnight interest rate will remain between 5.25% and 5.50%. The decision follows two years of vigorous monetary policy tightening by the Federal Reserve. The action was taken in reaction to

March 21, 2024 2 mins read

Robinhood Appoints AI Expert Jeff Pinner as New CTO

Robinhood Launches Crypto Wallet App on Google Play for Android Users

Robinhood now allows users of Android devices to access its cryptocurrency wallet. The Robinhood Wallet app, as stated in the release on March 20, is now accessible on Google Play. Since then, the app’s download count has topped 10,000. Johann Kerbrat, general manager of Robinhood Crypto, made the announcement on

March 21, 2024 1 min read

Investors Anticipation Grows as Key Economic Data Release Nears

Oraichain Unveils OraiBTC Subnet Beta for Seamless Bitcoin Integration

The much awaited beta launch of OraiBTC Subnet is set to occur on March 19, according to Oraichain, a pioneer in the integration of blockchain technology with artificial intelligence. With this breakthrough, Bitcoin (BTC) will be included into the Oraichain ecosystem for the first time, providing a decentralized bridge for

March 20, 2024 2 mins read

U.S House to Vote on FIT21 Bill for Digital Asset Regulation This Week

Bitcoin Dips Below $61K Amid ETF Outflows & Fed Decision

Bitcoin (BTC) has displayed a notable downturn, succumbing to pressures as it dropped by a significant 7% today, March 20. This downward spiral marks the second consecutive day of outflows for Bitcoin ETFs, with $326 million exiting the market, more than doubling the previous day’s figures. The BTC price decline

March 20, 2024 2 mins read

BlackRock's Bitcoin ETF Dominates with Substantial Corporate Investors

Grayscale CEO Plans Fee Reduction for Spot Bitcoin ETF as Market Matures

Crypto asset manager Grayscale’s chief executive officer Michael Sonnenshein has announced a fee reduction plan for the company’s flagship Bitcoin exchange-traded fund, the Grayscale Bitcoin Trust (GBTC). In a U-turn from defending its increased charges, Sonnenshein said that costs would decrease after GBTC outflows exceed $12 billion. According to Grayscale

March 20, 2024 2 mins read