The US Federal Reserve (Fed) announced an interest rate hike of 50 basis points. The price of Bitcoin plummets following the announcement. After four consecutive 75 basis point hikes, the Fed slowed d...
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Is The Bitcoin Bottom In? A Look At 10 Years Of Performance
Bitcoin has been in existence for less than two decades but its performance has already cemented it as a formidable force to be reckoned with. Over the years, the digital asset has been able to outper...
BitGo refused to unwind $50 million in wrapped bitcoin for Alameda
Digital asset custodian BitGo refused to allow Alameda Research to unwind $50 million worth of wrapped bitcoin days before the latter firm went into bankruptcy, BitGo CEO Mike Belshe said today in a T...
Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead – Exchanges Bitcoin News
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto ...
US Regulation Heats Up; Bitcoin Rises, Then Falls
Ether (ETH): The second-largest cryptocurrency by market cap after bitcoin similarly followed BTC’s trajectory, sliding around 1% to $1,310 as of publication time. Earlier in the day, PayPal and MetaM...
Bitcoin Grapples With $18,000 as Fed Hikes Rate by 50bps
Bitcoin and other major cryptocurrencies experienced wild price fluctuations as the Fed announced a 50bps (0.5%) rate hike on Wednesday. The announcement by Fed Chair Jerome Powell saw the crypto mark...
Bitcoin bear market 70% dip kills BTC ‘tourists’ as metric screams buy
Bitcoin (BTC) speculators have disappeared from the market and their mood “destroyed,” says popular analyst Philip Swift. In a tweet on Dec. 14, the co-founder of trading suite DecenTrader flagged pot...
Shiba Inu’s BONE up 10% as Price Gains Ground Against BTC and ETH, Here’s Why
BONE, Shiba Inu’s governance token, is up 10% in the last 24 hours as its price continues its rise from its Dec. 13 low of $0.70. At the time of publication, BONE was changing hands at $0.859, o...
The CPI Report Raised The Prices Of Bitcoin, Ethereum And Dogecoin
The November CPI rose to 0.1%, and the energy index declined to 1.6%. Ethereum’s next upgrade is Shanghai. The latest CPI report raised the prices of Bitcoin, Ethereum and Dogecoin. US stocks rose on ...
Bitcoin miner CleanSpark reports $42.3 million net loss, missing estimates
Bitcoin miner CleanSpark reported $26.2 million in revenue, missing the average estimate of $27.1 million. The non-GAAP net loss of $42.3 million was also worse than the estimate of $15.4 million for ...
Bitcoin Cash Price Sees Sideways Due to Low Trading Volume, Will Long-Term Bearish Trend End Before 2023?
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Japanese Power Giant Venture Into Bitcoin Mining
The utility firm of Japan, Tokyo Electric Power Grid (TEPCO), is working with TRIPLE-1. Bitcoin mining and to capitalize on the excess power in its grid is the aim. TRIPLE-1 is a local hardware manufa...
Bitcoin Volatility Explodes Around $18K Level, As Fed Reveals 50 Basis Point Rate Increase
Bitcoin price touched a high of nearly $18,400 in anticipation of today’s Federal Reserve meeting, where the US central bank was expected to raise interest rates by 50 basis points. Volatility picked ...
Bitcoin Miner Core Scientific’s Lender Wants to Give Miner $72M to Avoid Bankruptcy
B Riley said it is prepared to fund the first $40 million of the new financing immediately, with “zero contingencies.” The remainder of the financing is contingent on all principal payment...
Bitcoin crosses the $18K mark after weeks of trying to recover
Following weeks of consolidation, bitcoin and other cryptocurrencies have started to bounce back after the positive Consumer Price Index data release. BTC is currently trading above 18,000. BTC hits t...
American Broadcaster And Bitcoin Maxi Max Keiser Says XRP is a Security
– Advertisement – XRP is a security, according to Keiser. Max Kaiser asserts that XRP is a security as the line between commodities and securities in the US crypto space remains blurred. I...
Legendary Trader Peter Brandt Forecasts Major Move for Bitcoin (BTC) – Here’s His Target
Veteran analyst and technical trader Peter Brandt says Bitcoin (BTC) is likely setting up for a major move after months of quiet consolidation. In a new YouTube strategy session with trader Tone Vays,...
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year – Bitcoin News
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutiv...
Bitcoin, crypto prices fall on Fed’s latest decision, US stock indices drop
Crypto markets pared gains alongside traditional counterparts as the Federal Reserve increased interest rates by 50 basis points. Bitcoin dropped 2%, trading at $17,926 at 2:20 p.m. EST followi...
Senator Wants Bitcoin in Retirement Plans?
Can Bitcoin be used for retirement plans in the United States? The crypto winter had not shaken resolve to believe in BTC- Cynthia Lummis. United States Senator Cynthia Lummis, known for her pro-cry...
Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points
The U.S. Federal Reserve raised the federal funds rate by 50 basis points, increasing it to a range of 4.25% to 4.5%, the highest since 2007. Today’s interest rate decision was largely exp...
Bitcoin (BTC) Price Under Bearish Pressure, Could Dip To $10k Soon! Here’s Why
In November, the U.S. consumer price index (CPI) rose 0.1% from the previous month, slower than the 0.4% pace in October. This is a sign that the Federal Reserve’s efforts to bring down inflation are ...
Bitcoin Falls Below $18k After Federal Reserves Announces 50bps Rate Hike
Bitcoin saw more volatility on Wednesday following a Federal Open Markets Committee meeting, during which the U.S. central bank agreed to raise its benchmark interest rate by 0.5%. The announcement, w...
NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes – Markets and Prices Bitcoin News
On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales thi...
Grayscale Bitcoin ETF might not happen: SEC intercepts.
Grayscale has wanted to convert its Bitcoin fund into a Bitcoin ETF since 2016. SEC has filed a case denying the conversion. SEC filed a 73-page brief with the US Court of Appeals on December 9. Eve...
Goldman Sachs Believes Gold Will Outperform Bitcoin
Goldman Sachs believes that Gold is a more useful reserve than Bitcoin. Goldman Sachs plans to lay off part of its present workforce. The America-based Goldman Sachs, the second largest investment ban...
Crypto stocks plunge to record lows, GBTC at 50% discount despite Bitcoin uptick
Several crypto-related stocks have seen their values plunge to new record lows despite Bitcoin’s (BTC) value gaining upward momentum over the past 30 days. GBTC discount rises to above 50% Grayscale’s...
BTC/USD Climbs Above $18K; Ready for Higher Levels?
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction is showing positive signs as the king coin heads to the upside, suggesting further higher levels. Bi...
Top Reasons Why It Is a Good Time to Buy Bitcoin?
The post Top Reasons Why It Is a Good Time to Buy Bitcoin? appeared first on Coinpedia Fintech News Bitcoin price is appearing towards the end of the correction phase as the bulls are managing to hold...
Bitcoin Price Analysis: 17999 Paid
BTC/USD Upside Momentum Rallies: Sally Ho’s Technical Analysis – 15 December 2022 Bitcoin (BTC/USD) worked to sustain recent upside gains early in the Asian session as the pair retained its bullish s...
Bulls Take The Lead As Bitcoin Investor Sentiment Recovers
Bitcoin investor sentiment had wavered following the implosion of the FTX crypto exchange. This had sent market sentiment to one of its lowest points for the year 2022, falling deep into the ‘Extreme ...
SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting – Bitcoin News
Solana surged to a three-week high ahead of this afternoon’s Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Card...