Bitcoin price on Friday rose by 5.56 percent and the digital asset is currently trading at around $69,196 (roughly Rs. 57.7 lakh) on Indian cryptocurrency exchanges like WazirX and CoinSwitch and $66,155 (roughly Rs. 55.2 lakh) on…
Cryptocurrency exchange FTX, which went bankrupt in November 2022, announced that almost all of its customers could get back what they lost in cash, and then some, under a newly proposed plan.According to late Tuesday filings…
The recent surge in Bitcoin, surpassing $65,000, has reignited interest in crypto presales, notably with DTX and WienerAI gaining traction. Investors and analysts are recognizing their potential for significant returns. This…
Fed interest rates vs. cryptocurrencies Changes in interest rates impact cryptocurrency prices through shifts in investor behavior and market dynamics.The United States Federal Reserve, or the Fed, acts as the central bank of the…
Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on January 29, 2020 in Washington, DC. Chairman Powell announced that the Federal Reserve will not be adjusting interest rates. (Photo…
BTC’s supply absorption by spot ETFs has turned negative.
This suggested a temporary decline in interest in BTC spot ETFs.
The recent decline in Bitcoin’s supply absorption by spot Bitcoin exchange-traded fund…
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The Federal Reserve today announced it would keep interest rates as they are—as expected—and said that its plan to slash rates later this year was still in place. Central bank officials have penciled in three quarter-percentage point…
The Bitcoin crash of last week was a brutal one for the market. It saw the digital asset lose its footing from where it had been trending just below $30,000 to crash to the mid $17,000s before a recovery had begun. With the new week,…
Bitcoin ETFs had been seeing a lot of interest since they were first given the green light by the Securities and Exchanges Commission (SEC) last year, and while some of them have waned, they still remain a…
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