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Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy
23.3.2023
A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall ever be deprived of their right to own bitcoin...
Bitcoin Supercycle May Be Happening, Says Commodity Strategist Mike McGlone
23.3.2023
Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, bitcoin’s volatility is more likely...
Long Liquidations Spike Bitcoin Suffers “Sell the Fact” Reaction to Dovish Fed, But BTC Dip-Buyers Will Probably Pounce
22.3.2023
Despite the fact that most market participants interpreted the latest Fed policy announcement as more dovish than expected, hence the drop in the US dollar and US yields, Bitcoin markets saw a “sell the fact” reaction, with the BTC price pulling back sharply and long liquidations spiking.
BTC/USD...
Bitcoin price whipsaws as Fed says rate hikes may not be 'appropriate'
22.3.2023
Bitcoin sees swift fluctuations after the Fed hikes 0.25% but Chair Jerome Powell hints that policy may now change
Bitcoin Price Prediction as Fed Announces Interest Rate Decision – Can BTC Reach $30,000 This Week?
22.3.2023
The announcement of the Federal Reserve's interest rate decision has caused a stir in the financial market, and Bitcoin (BTC) investors are watching closely to see how it will affect the cryptocurrency's price.
As BTC has experienced a volatile year, with highs and lows that have left many...
Price analysis 3/22: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
22.3.2023
Technical charts are beginning to suggest that BTC is at the end of its bear market cycle, and traders believe this could yield positive results for most altcoins
Why is Cardano price up today?
22.3.2023
Cardano whales are largely behind ADA's price rally in the last week, helped by Bitcoin's multi-month highs amid the banking crisis and Fed pivot hopes
Bitcoin, Ethereum Technical Analysis: BTC Nears Fresh 9-Month High as Fed Meeting Looms
22.3.2023
Bitcoin moved closer to a fresh nine-month high on Wednesday, as markets prepared for today’s Federal Reserve interest rate decision. The Fed is expected to hike rates by 0.25%, despite inflation falling last month to 6%. Ethereum briefly rose above $1,800 in today’s session. Bitcoin...
Bitcoin $30K bets greet FOMC as analyst warns over long liquidations
22.3.2023
Bitcoin may celebrate no matter what the Fed decides on interest rates, but the extent of longs that would be liquidated below $20,000 has one analyst worried
Bitcoin Trading Volumes Keep Trending in the Right Direction – Can BTC Sustain Its Bull-run?
21.3.2023
Bitcoin’s bull run since the start of 2023 which has seen its price jump by close to 70% has been accompanied by a rise in Bitcoin trading volumes.
Daily trading volumes recently hit their highest level since the aftermath of the FTX collapse at more than $70 billion.
Bitcoin was last changing...
Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support
21.3.2023
On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction experience to the marketplace.” Magic Eden’s...
Bitcoin on Verge of Breakout Towards $30K, But These Metrics Suggest Market Might Be Getting Too Hot
21.3.2023
According to technical analysts looking at the Bitcoin market on a short-term time horizon, the world’s largest cryptocurrency by market capitalization looks like it could be on the verge of a breakout towards the psychologically important $30,000 level and perhaps on towards the next major...
Bitcoin Price Prediction as Bulls Hold $27,000 Support – Can BTC Rally Again?
21.3.2023
The BTC/USD is trading at 27,908, up by 2.50% in 24 hours. The US bank crisis fueled a weekend surge and Bitcoin momentarily reached $28,000 for the first time in nine months on Monday. However, the price dropped before the US Fed decided on interest rates....
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Bitcoin hits new 9-month highs above $28K as markets flipflop over FOMC
21.3.2023
Bitcoin price action targets $28,500 with "all classes" buying BTC, but the odds of the Fed pausing rate hikes are decreasing by the hour
Bitcoin Outflows Surge to $95 Million: CoinShares Report Reveals Alarming Trend – Find Out More Here
21.3.2023
Outflows from investment funds backed by bitcoin (BTC) rose sharply last week, despite a massive increase in the spot price of the cryptocurrency.
The outflows from bitcoin funds for the week reached $112.8 million, marking slightly improved investor sentiment compared to the week before when...
Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge
21.3.2023
Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s hashrate has remained high despite the last two adjustments, and block times have been faster than the ten-minute...
Stacks Price Prediction as STX Becomes Top 15 Most Traded Crypto in 24 Hours – How High Can STX Go?
21.3.2023
Stacks (STX), the cryptocurrency that powers the smart-contract enabled Bitcoin layer-2 scaling blockchain called Stacks, saw the 13th highest trading volume of all cryptocurrencies over the last 24 hours, as per data presented by CoinGecko on Tuesday. Price predictions subsequently remain bullish....
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Ahead of Pivotal FOMC Meeting
21.3.2023
Bitcoin consolidated recent gains on March 21, as markets await the upcoming Federal Open Market Committee (FOMC) meeting. Many expect that the Federal Reserve will maintain rate hikes, however at a slower pace of 25 basis points. This comes after the U.S. announced it will explore measures...
Bitcoin and Ethereum Price Predictions: Analyzing the Recent 10% Surge in BTC and Its Impact on ETH Today
21.3.2023
Despite the inherent volatility of the cryptocurrency market, Bitcoin (BTC), the renowned digital currency, has managed to maintain its upward trajectory and continues to trade at above $28k. This is a notable accomplishment for Bitcoin, which has faced significant challenges in recent months...
Core Scientific to transfer $20M of equipment to settle bankruptcy dispute
21.3.2023
Millions of dollars worth of electrical equipment will be transferred to the crypto miners' exclusive energy negotiator to settle a payments dispute