In the last 24 hours, the cryptocurrency market has experienced a significant downturn, largely influenced by the latest Federal Reserve rate hike decision. The leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), saw substantial declines, with other notable digital assets following suit. At the time of making this report, Bitcoin, the largest cryptocurrency by market capitalization, […]
Bitcoin price sentiment could continue in a state of flux as traders anticipate a rise or decline in price. Last week, two major crypto exchanges, Binance and Coinbase, were hit by lawsuits from the SEC. In addition, the SEC has labeled 23 more cryptocurrencies as securities, bringing the total number of securities to 67. Consequently, […]
Bitcoin ordinals have introduced NFTs (non-fungible tokens) to Bitcoin’s blockchain. This invention does not ordinarily improve the value of Bitcoin, but it also opens up a new way for investors to invest in Bitcoin-based non-fungible tokens. Bitcoin ordinals give every satoshi (the smallest unit of Bitcoin) a distinguishable marker, thereby making them traceable. Therefore, Bitcoin […]
Another theft incident happened lately in Moscow as the frequency of cryptocurrency hacks or thefts declined. Marat Tambiyev, the chief of Moscow’s Tversky District Investigative Department, allegedly accepted payments from the hackers under investigation in the amount of roughly 1000 BTC. Marat Tambiyev has over 1,033 BTC in his possession, as the Russian Investigative Committee […]
Investing for retirement is a critical step toward securing your financial future. With the emergence of cryptocurrencies like Bitcoin, investors now have the opportunity to include digital assets in their retirement portfolios. Here, we’ll delve into the world of Bitcoin IRA accounts, which offer a seamless way to invest in cryptocurrencies while reaping the tax […]
According to the CEO of BitMEX, an impressive surge in the price of Bitcoin is looming. In his prediction, the price of Bitcoin has a high chance of breaking the current all-time high in 2024. While the market might not go beyond the $70000 price level this year, the presence of many investors is expected. […]
Bitcoin enthusiasts and political pundits alike are abuzz following Florida Governor Ron DeSantis’s dynamic launch of his presidential campaign. What sets DeSantis apart from his competitors? Well, it’s his unwavering support for Bitcoin, a digital currency that has garnered significant attention and controversy in recent years. In a captivating Twitter Spaces event, alongside none other […]
A few hours ago, the candidate for the U.S. presidential election, Vivek Ramaswamy, announced that he would be accepting Bitcoin for campaign donations. Following the news, a cryptocurrency analyst stated his point of view on Twitter concerning the next direction of BTC. The cryptocurrency analyst, whose Twitter handle is Trend Rider, said that the price […]
Recently, there has been a substantial surge in transaction fees on the Bitcoin and Ethereum networks, reaching over twice their previous levels within a week. This article explains why this happened and what it means for the future. Although the fees are still far below the staggering heights seen during the 2021 bull run, the […]
