Bitcoin Continues Its Upward Trend, But Faces A Barrier At $29,200

May 04, 2023 at 08:08 // Price The price of Bitcoin (BTC) is rising as buyers try to keep the price above the moving average lines. Bitcoin price long term forecast: bullish The obstacle at $29,...

Coinbase to stop issuing bitcoin-backed loans from next week

Crypto exchange Coinbase will no longer offer its Borrow program from next week. The program allowed users to borrow cash against bitcoin as collateral. “Beginning May 10, 2023, customers ...

Non-Crypto PacWest Bank Confirms Sale, Bitcoin Set To Hit $35K

After the collapse of First Republic Bank, another bank PacWest Bancorp has confirmed strategic options including a potential sale after shares continue to fall. The bank has now confirmed that it’s i...

Bitcoin reaches $29k mark after latest FOMC meeting

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) surpassed the $29,000 mark after the US Federal Reserve (Fed) hit another 25 basis point rate hike.  The ...

IMF Chief Warns of More Weaknesses in US Banking Sector — Sees ‘Gradual’ Shift Away From US Dollar – Economics Bitcoin News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva expects “more vulnerabilities” in the U.S. banking sector amid a growing de-dollarization trend worldwide. “There has been a gr...

Bitcoin Live News: BTC Price Eyes $30k as Fed Steps Up to Save More Banking Crisis

Bitcoin price bounced back above $29k on Thursday after the United States Federal Reserve announced the third 25 basis point hike on Wednesday. The banking sector in the United States has been on the ...

Bitcoin Reclaims $29K After Fed’s Latest Interest Rate Hike: Market Watch

Although BTC remained relatively flat immediately after yesterday’s FOMC meeting, the asset spiked in the following hours and reclaimed $29,000. The altcoins have also turned green with minor daily in...

Why Is Bitcoin And Crypto Up Today?

The Bitcoin and crypto markets are up today, despite the fact that the initial reaction to yesterday’s FOMC of the US Federal Reserve (Fed) was rather bearish. During the meeting, the Bitcoin price dr...

As Banks Fail and Bitcoin Heads Back to $25,000, Learn How yPredict Might Make You Some Profit in the Meantime

Bitcoin fell by a small but worrying 3% today as the cryptocurrency rolled over from the $30,000 high and slipped as low as $28,290 during the session. The worrying part about the rollover is that BTC...

As Fed hikes rates to highest since 2008, Bitcoin and gold shine amid banking crisis

Quick Take The Fed’s 25bps hike was expected, with a hawkish tone: “Some additional policy firming may be warranted.” That takes the fed funds rate to 5.00-5.25% — the highest level since ...

Ukraine, US Shut Down 9 Cryptocurrency Exchanges – Bitcoin News

Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money...

Bitcoin eyes liquidity above $30K as gold hits new all-time high

Bitcoin (BTC) reclaimed $29,000 overnight into May 4 as the United States banking crisis risked spawning new victims. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gold, Bitcoin benefit ...

Bitcoin: Why Uncle Sam’s latest move could mean trouble for BTC miners

Bitcoin faces more headwinds as the U.S. government prepares for another attack. Reportedly, the tax aims at encouraging mining companies to pay for the environmental impact of mining The U.S. governm...

Coinbase users will no longer be able to borrow fiat against Bitcoin

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...

Bitcoin Primed To Explode 65% Before Triggering Altcoin Season, Predicts Top Analyst – Here’s the Timeline

Popular crypto analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) over the coming weeks. Svenson tells his 71,000 YouTube subscribers that Bitcoin could go parabolic if ...

Bitcoin News Today: BTC Price is Unfazed by FED’s interest hike, Soars Past $29k – What Next?

Cryptocurrencies bounced back with renewed vigor after taking a beating in the past few weeks. Despite the US Federal Reserve’s decision to increase the interest rate by 25 basis points during the FOM...

Bitcoin Climbs Above $29,000 As US Banking Crisis Deepens

The Bitcoin price has climbed back above $29,000 and the reason is like poetry. Just hours after U.S. Federal Reserve (Fed) Chairman Jerome Powell assured the public at yesterday’s FOMC meeting that t...

Stacks (STX) Surges 17% While Bitcoin Network Hits Unprecedented Highs

Gamza Khanzadaev Bitcoin’s network activity hits record high, triggering surge in STX price Since the beginning of the week, Stacks token, STX, has risen almost 20% in value, becoming a top perf...

Bitcoin Price Shoots Past $29,000 Despite the Fed Rate Hike

The broader cryptocurrency market is up by 1.78% over the last 24 hours despite the Fed announcing a 25 basis points rate hike during the FOMC meeting on Wednesday, May 3. Yesterday’s rate hike by the...

Balaji Srinivasan Closes Losing BTC Bet

Balaji Srinivasan, a former CTO at Coinbase, stated that he had closed out what seems to be a losing bet that Bitcoin would reach $1 million within 90 days. I JUST BURNED A MILLION TO TELL YOU THEY...

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet – Bitcoin News

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan pai...

Coinbase Has Shuttered Its Bitcoin Loan Services

The pressure on American digital assets exchange giant Coinbase is mounting as regulators intensify their war on Bitcoin and crypto. The U.S. crypto exchange will cease issuing Bitcoin-backed loans th...

Ancient Bitcoin (BTC) Whales Are Massively Waking Up: What’s Happening?

Arman Shirinyan Bitcoin whales are showing increased activity, while first cryptocurrency is stagnant In recent weeks, there has been a noticeable increase in activity among long-dormant Bitcoin whale...

Bitcoin Price Analysis & Prediction (May 3rd) – BTC Loses $28k in the Middle of The Storm, Where is it Heading Next?

Bitcoin (BTC) In the middle of the storm, Bitcoin dropped below $28k in the past hour, looking for support to hold pressure. It may suffer more losses in the hands of the bears. But if solid support i...

MicroStrategy Founder Shares New Hot Takes on Firm’s Bitcoin Position

Godfrey Benjamin MicroStrategy’s Michael Saylor said firm is maintaining its long-term position on its BTC holdings Michael Saylor, the founder of American business intelligence and analytics fi...

Bitcoin Price dips again while DigiToads sells out another presale stage – Cryptopolitan

The pre-eminent meme-coin DigiToads has completed four stages of its ten stage presale phase, becoming the top choice of investors worldwide.  The price of Bitcoin has remained undulating over the pas...

Coinbase to cease issuing new Bitcoin-backed loans via Borrow service

Crypto exchange Coinbase is stopping the issuance of new loans through its Borrow service — a product that allows certain United States customers to post crypto as collateral to receive a cash loan. I...

Cardano’s Charles Hoskinson Names Bitcoin’s Main Problem

Alex Dovbnya Cardano founder and Input Output CEO Charles Hoskinson identified Bitcoin’s primary limitation in recent interview with Fox Business’s Maria Bartiromo Cardano founder and IO G...

Robert Kennedy Jr Warns of Mega Economic Crisis — Says ‘It’s Not Just the Banks’ – Economics Bitcoin News

U.S. Presidential Candidate Robert F. Kennedy Jr. has warned that “the banking collapse is the tip of an economic mega-crisis,” emphasizing that “It’s not just the banks.” He also slammed President Jo...

Bitcoin BTC Price Falls Slightly After Fed Rate Hike

In an email to CoinDesk, Michael Safai, managing partner of crypto trading firm Dexterity Capital, said the latest Fed decision would likely lead to “mixed outcomes” for crypto traders. “While the lan...

Bitcoin Price Regains Strength Post Fed Hike, $30K Could Be Next

Bitcoin price is recovering and trading above $29,000. BTC is slowly moving higher and the bulls might soon aim for a move toward the $30,000 resistance. Bitcoin is attempting a recovery wave above th...

Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase – Markets and Prices Bitcoin News

Following a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver and gold experienced a surge in value against the U.S. dollar, with gai...