Bitcoin (BTC) has demonstrated remarkable resilience this week, maintaining a firm grip above the $26,000 mark. This achievement comes despite significant sell-offs in the equity markets and a surging U.S. dollar, which could have spelt doom for the world’s largest cryptocurrency. As of Sunday morning, Bitcoin was trading at approximately […]
Prominent cryptocurrency analyst shares insight into the Bitcoin market and the possibility of the big bull making a highly anticipated comeback. In a recent post shared to X, formerly Twitter, pseudonymous analyst Ali Charts broke down an interesting pattern spotted in the Bitcoin charts. In his post, the analyst observed […]
A former employee of Alameda Research has revealed that the now-defunct quantitative trading firm was responsible for a rapid 87% plunge in Bitcoin prices in 2021. The incident occurred on October 21, when the world’s biggest and oldest cryptocurrency sunk to as low as $8,200 on Binance.US for no apparent […]
Cryptocurrencies remain muted as the Fed warned of one more rate hike before the end of the year. In its meeting that concluded on Wednesday, the Federal Reserve had as widely expected skipped a rate hike and maintained rates at a 22-year high. Meanwhile, central banks of Sweden and Norway […]
Crypto analyst Will Clemente recently took to social media platform X to share an in-depth analysis of why he remains bullish on Bitcoin despite its nearly 70% drop from 2021 highs. He began by acknowledging Bitcoin’s origins, stating that it was created in the wake of the 2008 financial crisis. […]
Movement of dormant Bitcoin addresses has been sporadic this year, with most causing a stir and rising interest amongst the Bitcoin community. In the latest record of whale transactions this year, on-chain data has shown that a set of dormant Bitcoin from 2017 has moved for the first time in […]
Crypto market capitalization decreased on an overnight basis in the run-up to another Federal Open Markets Committee decision due on Wednesday afternoon. Most of the cryptocurrencies appeared overwhelmed by fears of the Fed’s stance now as well as going forward. The Federal Reserve is widely expected to skip a rate […]
Fears of a hawkish hold by the Fed overwhelmed market sentiment across regions and asset classes. The unexpected easing in inflation in the U.K however limited losses. Wall Street Futures are trading in positive territory. European equities are trading higher, helped by data showing an unexpected easing in inflation in […]
Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, has recently offered his perspective on the current state of financial markets, saying crypto is the “future” and calling fiat currency “fake money.” “Rich Dad Poor Dad, “which is one of the top […]
In the realm of cryptocurrency, stories of incredible wealth made through minimal investments are rare but inspiring. One such remarkable story belongs to Kristoffer Koch, a Norwegian individual who in 2009 decided to put a modest sum of approximately 150 Norwegian Krona (around $26 at the time) into Bitcoin. At […]
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