Ali tweeted this morning that more than $18 trillion is needed for BTC to reach $1 million within 3 months. The analyst added that current market sentiment suggests that the market has reached a top. ...
Category: Bitcoin
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Bitcoin, Ethereum Post Mega Rallies After Banking Intervention
This week in coins. Illustration by Mitchell Preffer for Decrypt. After three consecutive weeks of losses, prices turned verdantly green for holders of the two largest cryptocurrencies by market cap t...
Several Crypto Mining Operations Busted in Russia – Mining Bitcoin News
Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against the coin minting facilities co...
All Eyes on Upcoming FOMC Meeting as Bitcoin Expected to Rally
22 seconds ago | 2 mins read Bitcoin News On March 21st and 22nd, the Federal Open Market Committee meeting is scheduled. The cryptocurrency’s price may see a fall before the FOMC meeting. An optimist...
The Bitcoin fundraising – The Cryptonomist
One year after the Umberto Veronesi Foundation‘s target initiative, here is a brief and recent account of the fundraiser born in a very particular period. Chosen as an important opportunity as well as...
Bitcoin Will Soon Shatter $1,000,000 Per BTC Amid Global Economic Crash, Says Former Coinbase Executive
Former Coinbase chief technology officer Balaji Srinivasan is detailing a seriously bold Bitcoin (BTC) price prediction. In a series of tweets, Srinivasan says he’s willing to bet BTC explodes to a st...
Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil – Regulation Bitcoin News
A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, bel...
Don’t Gamble on Balaji’s Bitcoin At $1 Million Bet, Here’s Why
On Saturday, March 18, veteran investor Balaji Srinivasan raised a major alarm stating that the United States is quickly moving into hyperinflation taking a massive $1 million bet on this. Interesting...
Former Coinbase CTO Places $2 Million Bet That Bitcoin Will Hit $1 Million In 90 Days
Balaji Srinivasan, a former CTO of Coinbase, has placed a $2 million bet that Bitcoin would hit the $1 million price mark in 90 days. This bet was in response to financial expert James Medlock who pro...
Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen – Bitcoin News
General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sou...
Would the Proof of Stake mechanism resolve Bitcoin’s Energy Woes?
Bitcoin has easily held on to its position as the most valuable cryptocurrency in the world and has gathered widespread popularity over the past few years. Blockchain technology has brought a new revo...
Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’ – Economics Bitcoin News
Galaxy Digital CEO Mike Novogratz has warned of a credit crunch in the U.S. and globally. Emphasizing that “we are heading into a recession,” he expects the Federal Reserve to cut interest rates “soon...
Bitcoin Price Reaches $27K Due To US Feds Investment Of $300B
– The US Federal Reserve has decided to invest $300 Billion into the Bitcoin market. – The recent rise in the price of Bitcoin is due to the surge of liquidity created by the Fed’s monetary influx. A...
Economist Peter Schiff Expects Worse Financial Crisis Than 2008 — Says ‘Future Rate Hikes Are Now Pointless’ – Economics Bitcoin News
Economist Peter Schiff has warned that the current financial crisis will be worse than in 2008. “Future rate hikes are now pointless,” he stressed, adding that any effect will be more than offset by t...
Trader Who Flawlessly Navigated Bitcoin’s Resurgence Issues Alert, Says BTC Price Target Has Dramatically Changed
An analyst who has been seemingly unstoppable since calling Bitcoin’s bottom at $16,000 just issued a big update to fellow traders. DonAlt tells his 469,000 Twitter followers that he is no longer look...
Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days – Economics Bitcoin News
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happe...
Bitcoin (BTC) Price Crossed $27,000 Mark; Records 90-Day High
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Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes – Economics Bitcoin News
The CEO of Blackrock, the world’s largest asset manager, has warned about additional bank seizures and shutdowns that could result from regulatory changes in response to the failures of several major ...
Former Coinbase CTO makes $2M bet on Bitcoin’s performance
Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin’s (BTC) price over the next 90 days, predicting the cryptocurrency price will reach $1 million by...
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal – Bitcoin News
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is request...
Assessing the odds of Bitcoin touching $32,000 in the near term
A recent analysis revealed the possibility of BTC’s price touching $32,000. However, on-chain metrics suggested that BTC’s chart can head in any direction. Bitcoin [BTC] continues to push its price u...
Bitcoin shines through banking failures, bailouts
Macro Highlights U.S inflation is too high for rate relief but mostly in line with expectations ECB raised a further 50bps taking their deposit facility rate to 3% Silicon Valley Bank files for chapte...
How Will Bitcoin DeFi Gain Importance in 2023? – Cryptopolitan
In 2023, DeFi (Decentralized Finance) applications on Bitcoin are proving to be highly relevant and vital. The reason is that these applications can solve many of Bitcoin’s challenges, such as scalabi...
Bitcoin soars, Ether jumps and Coinbase, MicroStrategy rally
Markets • March 18, 2023, 3:40PM EDT The value of the two biggest cryptocurrencies surged last week amid continuing turmoil in the banking industry. Bitcoin jumped 35.05% last week to $27,401 and Ethe...
SBF legal fees, BTC market cap flips Meta,USDC climbs back to $1
Top Stories This Week Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees Sam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance policies to cover his legal expense...
Former Coinbase CTO Makes Massive Bet That Bitcoin Will Rampage Past $1 Million Within 90 Days ⋆ ZyCrypto
Advertisement     Balaji Srinivasan, the former CTO of Coinbase and a former general partner at Andreessen Horowitz, has agreed to a rather large bet that bitcoin will...
Bitcoin Jumps to $27,000 for the first time since June 12th. Will the bulls hold up prices?
Advertisement     This year, the cryptocurrency market has been full of surprises for investors and traders alike. The year recorded a short-term altcoin rally, and Bi...
El Salvador Launches Training Program For BTC and Lightning Network Devs
21 seconds ago | 2 mins read Bitcoin News Venture capital firm Fulgur and stablecoin issuer Tether are backing the training program. The CUBO+ program is modeled after President Nayib Bukele’s CUBO in...
Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains – Bitcoin News
At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s...
Why is the crypto market up today? BTC surges above $27k – Cryptopolitan
Silicon Valley Bank (SVB) failed on March 10, and the bitcoin (BTC) price has been on a tear since then. According to CoinMarketCap, the current Bitcoin price is $27,452.41. Its daily trading volume i...
Bitcoin (BTC) Facing Massive Headwinds Despite Ongoing Rally, Warns Crypto Analyst Nicholas Merten – Here’s Why
Analyst and trader Nicholas Merten has reservations about Bitcoin (BTC) despite the flagship crypto asset’s massive rally over the past week. Merten tells his 511,000 YouTube subscribers that although...
Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos – Economics Bitcoin News
Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating ...