Tag: Bitcoin

Fed Report Reveals Surprising Findings on Bitcoin’s Lack of Response to Monetary and Macroeconomic News

Bitcoin Fed Report A recent analysis on Bitcoin’s performance and its relationship to conventional precious metals like gold was released by the Federal Reserve Bank of New York. The influence of intraday changes in money market forward rates on the price of Bitcoin was examined in the 31-page study by the researchers using a technique […]

10/02/2023
Will rising Taproot adoption drive up Bitcoin [BTC] prices?

As selling pressure grew, miners were put under strain. Notably, Taproot’s acceptance rate for Bitcoin has topped 5% as of February 9. Together with other crucial data, this growth in Taproot usage pointed to a promising future for Bitcoin. With Taproot, Bitcoin’s security, scalability, and privacy have all been enhanced. Transactions become more secure and […]

10/02/2023
Bears beware: Bitcoin is about to enter the bullish phase.

This pattern, known as a golden cross in the market, predicts price growth in the upcoming months, according to an analyst from on-chain analytics company Jarvis Labs. The last golden cross for bitcoin occurred in 2021, and for investors, it feels like a distant memory. The bullish wave was able to reach fresh all-time highs […]

10/02/2023
Bitcoin on the Brink: Analyst Issues Warning as Key Support Level Nears

Warning from Analyst for Bitcoin Traders A well-known cryptocurrency specialist is warning that Bitcoin is in serious danger. The analyst, known as Rekt Capital, has issued a warning to investors on a probable loss of crucial support as a result of Bitcoin’s recent 2% decline and its current price of $22,517. Technical Uptrend for BTC […]

10/02/2023
Why Solana, Avalanche, and Bitcoin Are Suffering Today

What took place The overall bitcoin market’s price movement today hasn’t been good. As of 3:30 p.m., the whole market has fallen more than 4.1% over the previous 24 hours, led by Bitcoin (BTC -4.73%), Solana (SOL -10.32%), and Avalanche (AVAX -11.23%). Unsurprisingly, the 4.1% decrease in Bitcoin’s 24-hour price followed the market’s collapse. But […]

10/02/2023
Marc Andreessen: From Bitcoin to Ethereum and Web3 – The Future of Crypto Adoption

Founder of Andreessen Horowitz is optimistic about Ethereum and Web 3. The founding partner of the massive venture capital firm Andreessen Horowitz (a16z), Marc Andreessen, has changed his mind about cryptocurrencies. In contrast to his position on Bitcoin in 2014, Andreessen expressed a more favorable opinion of Ethereum and Web 3 in a recent interview […]

10/02/2023
New Era of Digital Art: Bitcoin NFTs Take Over with Ordinals Project Launch!

Ordinals Launches on Bitcoin Blockchain The Ordinals project has recently introduced a new way of “minting” media and assets on the layer-1 blockchain, and the talk of the Web3 world is all about Bitcoin NFTs. The Ordinals launch on the Bitcoin blockchain in late January has already attracted multiple CryptoPunks-inspired projects. CryptoPunks: A Seminal NFT […]

10/02/2023
Breaking News: World-Renowned Scientist Makes Groundbreaking Discovery, Changes Everything We Know!

Conversation with Nassim Taleb: Economic and Stock Market Thoughts Nassim Taleb is a well-known trader, investor, and thinker who is famous for his skill in predicting black swan occurrences and risk management. He was a former hedge fund manager, the creator of Empirica Capital, and Universa Investments LP’s scientific adviser. We have the highlights of […]

10/02/2023
Crypto Whales Stir the Market with Millions of Dollars in Crypto Asset Movements!

Huge Crypto Asset Shifts on the Horizon Crypto whales, or deep-pocketed investors, have been on the move with hundreds of millions of dollars worth of prominent cryptocurrencies. According to Whale Alert, a whale-watching platform, these high-net-worth individuals have been transferring troves of assets including Bitcoin (BTC), Polygon (MATIC), and XRP. Major Bitcoin Transfers One investor […]

10/02/2023
LocalBitcoins Takes its Final Bow: 10 Years of Crypto Trading Comes to an End

LocalBitcoins shuts down after ten years of operation, marking the end of an era. The well-known Bitcoin exchange, LocalBitcoins, has announced its closure after more than ten years in business. With an annual trade volume of $2.3 billion and more than 8 million customers, the firm catered to a sizable clientele from over 190 different […]

10/02/2023