The Federal Reserve rose its target interest rate by 25 basis points on Wednesday, in line with market expectations. This brings the central bank’s rate to over 5.25% – one of its highest levels since […]
Bitcoin shifted toward $30,000 on July 26 as the Federal Reserve delivered a fresh interest rate hike. BTC/USD 1-hour chart. Source: TradingView Bitcoin tames volatility ahead of Powell press conference Data from Cointelegraph Markets Pro and […]
Bitcoin is becoming increasingly scarce. The current level of BTC supply in the hands of long-term holders is approaching its all-time high set in 2015. On-chain data shows a record pace at which investors withdraw […]
Bitcoin (BTC)’s supply and demand dynamics suggest that the asset could surge as high as $180,000 by April 2024, according to a research note from Fundstrat on Monday. The forecast – which precedes the U.S. […]
Japananese prime minister Fumio Kishida reaffirmed the country’s commitment to foster the Web3 industry, highlighting its potential to transform the internet and kindle social change. Kishida made the comments in a keynote address on day […]
A Bitcoin wallet that was inactive for more than a decade has recently sent out more than $30 million worth of BTC to another address. The whale received the stash in mid-April 2012 when the […]
A dormant Bitcoin (BTC) wallet holding over 1,037 Bitcoin — worth $31 million at current prices — has suddenly awoken after an 11-year slumber, transferring out its entire stash. The 1,037 BTC was transferred amid a […]
Both the monthly and yearly Bitcoin absorption rates are currently negative. Analysts are reading this as a bullish sign for the price of BTC. With Bitcoin yet to break through $32,000 this year and below […]
A recent study conducted by CryptoVantage estimated that 23% of US residents expect bitcoin to climb to its all-time high price of almost $70,000 by the end of 2023. 47% think this would happen in […]
The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and […]
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