Finance & Crypto News Website
Bitcoin’s market is ablaze with excitement as investors eagerly watch its behavior, which appears to be signaling a prolonged period of growth. The recent release of the U.S. Consumer Price Index, which came in at a lower-than-expected 0.3% for April, has ignited a surge of confidence among investors. This surge has catapulted the price of … Read more
Breaking records in the world of cryptocurrency, a whopping $11 billion has been invested in U.S. spot Bitcoin ETFs by 937 institutions as of March 31st. Unleashing a wealth of insight, Senior Analyst Vetle Lunde from K33 Research reveals a staggering revelation: a whopping $11.05 billion accounts for a jaw-dropping 18.7% of the entire funds … Read more
Bitcoin’s value has skyrocketed, breaking through the $66,000 threshold and causing a surge of short liquidations worth a staggering $48 million within just 24 hours. This sudden surge was triggered by the release of promising U.S. inflation data, hinting at a possible decrease in inflationary tensions. The Impact of Inflation Data on Bitcoin Inflation Takes … Read more
Ethereum (ETH) is poised for an exhilarating upward journey, fueled by its recent pricing surge. In a thrilling turn of events, the cryptocurrency token experienced a remarkable 5.94% gain late Wednesday night. Like a faithful companion, this coin is mirroring the path of Bitcoin, displaying a bullish attitude that hints at the potential for significant … Read more
World-renowned social media sensation and retired kickboxing champion, Andrew Tate, has made a jaw-dropping decision to ditch traditional currency and put his faith in Bitcoin (BTC). With a whopping $100 million investment, Tate is boldly backing Bitcoin as the ultimate financial and investment solution. Unleashing a fiery critique, Tate lambasted traditional banks for their deceitful … Read more
The economy is heating up as the Consumer Price Index, the top measure of inflation, skyrockets to 3.4% in April. This unexpected surge has experts buzzing and consumers bracing for impact. But that’s not all – in a wild twist, the price of Bitcoin has also shot up to a staggering $64k in just 24 … Read more
Bitcoin (BTC) enthusiasts held their breath on Monday as the cryptocurrency seemed to be gearing up for a bullish run. However, Tuesday brought a sudden shift in the market, causing BTC to plummet to $61,735 (BTC/USD). Amidst a tumultuous global economy plagued by soaring inflation rates, investors have been eagerly anticipating a resurgence in Bitcoin’s … Read more
Bitcoin takes a tumble over the weekend, shedding 3.95% of its value and crashing to the $60,000 mark against the US dollar. Investors hold their breath as the once-stable cryptocurrency shows signs of volatility. The cryptocurrency market was buzzing with excitement this morning as the token made a strong comeback, signaling a bullish trend for … Read more
Bitcoin’s (BTC) network is experiencing a dramatic decrease in activity, with traders noticeably reducing their transaction pace in the past two months since the cryptocurrency hit its record-breaking peak. The hidden patterns within the world of cryptocurrency, data analytics firm Santiment has shed light on a surprising trend: a decrease in on-chain activity on the … Read more
Wells Fargo, a leading American bank, has boldly ventured into the world of cryptocurrency by investing in Grayscale’s cutting-edge spot Bitcoin ETF. Banking giant Wells Fargo has made a bold move into the world of cryptocurrency by investing in a Bitcoin ETF from both Grayscale and ProShares. With 37 shares of ProShares Bitcoin Strategy ETF, … Read more