3 reasons why Bitcoin price rallied toward $45K entering March
The gains accompanied a sharp overnight spike in the number of Bitcoin whale addresses. Go to Source Powered by WPeMatico
Federal Reserve
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Bitcoin investors ‘buy the dip’ as BTC nears $40K, gaining 16% in less than 24 hours
While the number of Bitcoin addresses holding small quantities of BTC continues to increase. Go to Source Powered by WPeMatico
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.” Go to Source Powered by WPeMatico
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value. The crypto market downturn is … Read more
Solana’s weekend bounce risks turning into a bull trap — Can SOL price fall to $60 next?
More bearish cues for SOL comes from a bull flag setup that’s now breaking to the downside. Go to Source Powered by WPeMatico
‘Coin days destroyed’ spike hinting at BTC price bottom? 5 things to watch in Bitcoin this week
Large and smaller hodlers alike are seizing the chance to stack, figures show, as on-chain data hints that the bottom is in at $38,000. Go to Source Powered by WPeMatico
Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target
Bitcoin’s growth has quickly outpaced Nasdaq’s in the past ten years. Go to Source Powered by WPeMatico
Fed’s Lael Brainard hints at US playing a lead role in development of CBDCs
“A U.S. CBDC may be one potential way to ensure that people around the world who use the dollar can continue to rely on the strength and safety of U.S. currency to transact and conduct business,” said the prospective Fed vice chair. Go to Source Powered by WPeMatico
Fed senior officials will soon not be allowed to trade crypto, stocks, and bonds
The rules were intended to “support public confidence in the impartiality and integrity of the Committee’s work by guarding against even the appearance of any conflict of interest.” Go to Source Powered by WPeMatico
US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on Its Balance Sheet’
Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot of sense.” Former Federal Reserve Vice Chairman Believes Crypto Perspectives … Read more