Bitcoin, the largest digital token, experienced a significant surge, reaching its highest level in more than two weeks. The surge in investor sentiment was fueled by a deal on raising the US debt limit, contributing to a broader rally in the cryptocurrency market. Smaller tokens like Ether and Binance Coin also saw gains as a…
The U.S. Personal Consumption Expenditures (PCE) Index data, which was expected to be the week’s big macro event, fell short of expectations since the results were mostly in line with what the markets had previously factored in.
The cracking of a known 12-word seed phrase in minutes prompted questions and calls for effective security measures among experts, as investors and traders become alarmed over the vulnerability of Bitcoin assets.
Bitcoin’s price targets have exceeded recent 10-month highs, reaching $30,000 at the Wall Street open on April 26. The US banking crisis has contributed to the bullish sentiment among investors. Data from Cointelegraph Markets Pro and TradingView indicate an 11% gain from local lows on April 24. This surge is related to First Republic Bank’s…
The much-awaited Ethereum Shanghai upgrade, also known as the Shanghai-Capella hard fork, is scheduled for Wednesday. Following this, users will have access to the $31 billion worth of ether that has been placed in the blockchain since December 2020.
Bitcoin ‘untouchable’ amid regulatory pressures, says analyst Mike McGlone says Bitcoin (BTC) is “untouchable” even with current regulatory pressure on the crypto sector and those without some crypto exposure are “seriously silly”
Banking crisis could spark the first ‘extended duration Bitcoin bull market,’ says Swan Bitcoin CEO According to Cory Klippsten, CEO of Swan Bitcoin, the next BTC bull market will outlast the previous on account of the current banking catastropheThe recent banking crisis could lead to a “first long bull market” for Bitcoin.
United States-based exchanges have been affected the most by the banking crisis, with traders experiencing increased price volatility.
RRR.3,627 Bitcoin ATMs went offline last month, March 2023 became the month with the biggest monthly decline in crypto ATMs. In contrast to the global Bitcoin BTC adoption rate, the number of physical ATMs dedicated to the fiat crypto exchange is decreasing.