Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the U.S. dollar f...
Category: Bitcoin
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Indian Investor Committed Suicide After Losing Money on Bitcoin (Report)
A 49-year-old resident of Kolkata, India, reportedly drowned in the Hooghly River. The primary autopsy found no evidence of violence, suggesting he committed suicide. The man supposedly invested in s...
Bitcoin’s Price Flashes Danger Sign, Massive Volatility Ahead?
Bitcoin’s price has been consolidating for the past few days, as it has been trading within the $29K range. Despite its stellar performance in the first few months of 2023, the flagship cryptocurrency...
Bitcoin Price Analysis: Orbiting 29370 Target
BTC/USD Perched Around 29370 Target: Sally Ho’s Technical Analysis – 30 April 2023 Bitcoin (BTC/USD) traded mostly sideways early in the Asian session as the pair hovered around the 29430.67 level, a...
Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm – Economics Bitcoin News
This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had pre...
Bitcoin (BTC) Advocate John Lennon’s Son Now Follows DOGE Co-Founder on Twitter — Is He After Dogecoin?
Yuri Molchan Son of Beatles legend John Lennon, who supports Bitcoin and crypto, has subscribed to one of two DOGE creators Sean Ono Lennon, junior son of John Lennon, has taken to Twitter to say that...
BTC/USD Resumes Consolidation, Will it Plunge Below $29K?
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC is trading at $29,178 as the first digital asset seems to be preparing for a bearish ...
Bitcoin [BTC] whales are on the move again, will this kickstart a new rally?
Whales started showing interest in BTC, despite selling off their holdings earlier this month. Miner selling pressure could be detrimental to BTC’s price. Whales are known to influence Bitcoin’s [BTC]...
DeFi, Trading Bots, Bitcoin City
Welcome to the 116th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write a...
Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures – Bitcoin News
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In additio...
Following Massive Volatility, Will BTC Finally Break Above $30K? (Bitcoin Price Analysis)
Bitcoin has received support at the crucial 50-day moving average, located at $27,000. This has led to a rally that aims to break through the significant resistance level of $30K. Despite the cryptocu...
Here’s Why The Bitcoin Price Is Heading To $20k, Traders Invest In Ai Doge Instead
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin is recently going through a roller coaster ride. The largest crypto globally hit $30K after its downfall last year. Howev...
As Bitcoin [BTC] emerges victorious amidst banking crisis, will it reclaim $30k
There was a sharp uptick in BTC’s balance on Binance exchange. Over the last week, the king coin recorded gains of 7.34% although it struggled to break through $30,000. Bitcoin [BTC]‘s network activit...
Bitcoin Will Be “King Of The Hill”
Crypto Market News: In recent times, many predictions for Bitcoin price projected in the range of $100,000 to $1 million, compared to the current all time high of $69,000. Balaji Srinivasan, Former Co...
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again – Finance Bitcoin News
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this may change later this year. The monetary authority im...
Bitcoin game developer processes more Lightning Network payments for users outside US
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied THNDR Games, a Bitcoin game developer, made 13.92% of its April payments to addresses in the United States using the Li...
BTC Breaks Above $29,400, Further Upside Incoming? – Cryptopolitan
The latest Bitcoin price analysis shows a bullish trend today as the coin is recovering under high market pressure. BTC/USD can be expected to close at a lower high above the resistance level of $25,4...
Jack Dorsey’s Block Takes Major Step In Bitcoin Mining Chip Development
Block, a company owned by former Twitter CEO Jack Dorsey, has completed the prototype design of a 5-nanometer high-performance Bitcoin mining ASIC. The company announced this in an update post on Apri...
Bitcoin To ‘Take Another Leg Up’ As Trillions Could Potentially Go Into Saving First Republic Bank: Arthur Hayes
BitMEX co-founder and crypto veteran Arthur Hayes is predicting Bitcoin (BTC) is going to rally on the latest US banking troubles. Hayes tells his 376,200 Twitter followers that he believes the curren...
First Republic Bank Faces Potential Takeover by FDIC Amidst Financial Struggles – Bitcoin News
According to multiple reports, First Republic Bank is facing significant financial difficulties and could be taken over by the Federal Deposit Insurance Corporation (FDIC) if private sector banks do n...
Stablecoin rotation into Bitcoin helped fuel the leg up to $29K
Quick Take The recent Bitcoin pump to $29,000 was helped by the rotation of stablecoins into Bitcoin. According to the stablecoin supply ratio, the oscillator pumped this week to 1.9, going as low as...
Bitcoin Shows Great Resilience in Face of Interest Rate Hikes
Bitcoin has shown the world just how resilient it can be. Not long ago, the Federal Reserve decided to raise interest rates by another 0.25 basis points. Under normal circumstances, the price of bitco...
Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag – Bitcoin News
Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part in a popular Netflix TV series last year, drives a Bitcoi...
Bitcoin’s Epic Climb: Top Strategist Sets Timeline for New All-Time Highs
Matt Hougan, Chief Investment Officer of Bitwise Asset Management, has expressed a strong belief in Bitcoin’s potential to reach new all-time highs. In a recent Fox Business interview, Hougan predicte...
Bitcoin Enters Crucial Levels; Is More Bearish Trend Possible for the BTC Price?
Bitcoin price has been surging ever since the beginning of 2023, and despite a couple of bearish pullbacks, it has maintained its strength. The recent upswing displayed the bull’s confidence and self-...
Bitcoin Goes Down and Surges Up 24hrs After Extreme Volatility
Bitcoin price is trending sideways after failing to overcome the $30,000 psychological level. The BTC/USD chart has developed into a symmetric flag in the one-hour timeframe. Current Bitcoin price ref...
Bloomberg Analyst Mike McGlone Very Bullish on Bitcoin – But Warns Crypto Assets Will ‘Suffer’ if This Happens
Senior macro strategist at Bloomberg Intelligence Mike McGlone is expressing optimism on Bitcoin (BTC) and other digital assets as the flagship crypto engages in seesaw price movements. McGlone says i...
Bitcoin Investors Remain Greedy Despite High Market Volatility – Report
Bitcoin (BTC) investors are showing a high level of optimism despite the recent price volatility, with the Fear & Greed Index tracked by Coinstats Explorer indicating a strong and bullish market s...
64,000 BTC Added by Bitcoin Whales to Holdings as Price Seeks to Reclaim $30K
According to on-chain analytics firm Santiment, Bitcoin whales have been quietly accumulating again since profit-taking occurred above $30,000 on April 11. It should be recalled that the Bitcoin price...
Investors Turn to BTC as The Federal Reserve Battles Inflation
Bitcoin price tends to spike with every Feds moment with the press. The current inflation rate makes it difficult for the Feds to fix the economy. The people are turning to alternative financial model...
Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges – Bitcoin News
According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding ...
Whales Have Begun Accumulating BTC Again After $30K Profit Taking
Santiment recently shared that BTC whales have begun re-accumulating. According to Santiment’s tweet, BTC whales have bagged 64,094 BTC since 11 April 2023. BTC is trending at press time despite print...