First Republic Bank (FRC) now risks a similar fate after Silvergate and Signature Bank failed late last month since it has few choices to turn things around. This might soon become the third big bank to fall this year, spreading widespread panic throughout the United States and abroad. The bank
Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has become the world’s number one asset. The report on asset class returns for Quarter 1, 2023, shows that Bitcoin outperforms all other assets. #Bitcoin is the #1 asset in the world! pic.twitter.com/Tq8glQ857X — Documenting ₿itcoin 📄 (@DocumentingBTC) April 25, 2023
While the price of Bitcoin fell for three days in a row last week, some “whales” who had been sitting on large sums of the cryptocurrency activated their inactive wallets. The asset’s price usually rises in tandem with this pattern. However, this might also be seen as large traders seeking
Since breaking above $30,000 earlier this month for the first time since June 2022, Bitcoin (BTC) has lost momentum and reached a nearly four-week low. On Monday, the largest cryptocurrency showed little change after dropping as much as 1.9% to $26,989. Also, the price of Bitcoin fell below $27,000 for
The largest cryptocurrency in the world by market capitalization, Bitcoin (BTC), is having an unpleasant weekend after losing its key support level at $28,000. This has left exchange-traded fund investors uncertain about what will happen to Bitcoin after its dominant performance in 2023. At the time of writing, the BTC
In a surprising move, a massive whale holding over 1,000 Bitcoin (BTC) that has been inactive for a decade has suddenly transferred 279 BTC. It was worth a whopping $7.8 million at the time of the transfer. The whale received the BTC in October 2012 and May 2013, at a
Bitcoin, the largest cryptocurrency by its market capitalization, has witnessed a decline in its trading price from the $30K mark. The bullish momentum gets broken after a long time. The Bitcoin price has fallen by more than 3% in the last 24 hours. At the same time, Santiment, a blockchain
Bitcoin advocate and MicroStrategy co-founder Michael Saylor now uses a business email account connected to the Bitcoin Lightning Network. A snapshot of certain Bitcoin transactions received to “saylor@microstrategy.com” in the form of Satoshis or “Sats,” the lowest denomination of Bitcoin, was posted by the company’s co-founder with his 3 million
Data from Alternative shows that on March 21, 2023, the Bitcoin fear & greed index reached its highest point in 16 months, at 69. Bitcoin finally returned to its “greed” phase in January 2023, its first appearance since March 2022. As a result, the greed index has moved deeper into
Bitcoin and Ethereum are making an effort to break through significant price barriers. A day after the Ethereum Shanghai update, the ETH price spiked. Ethereum (ETH) just increased in value by more than 10.49% in the last 24 hours, trading at over $2,116.04. The second-largest cryptocurrency in the world surged
