Why is Bitcoin price up today? – As per our readers’ demand and comments, we are publishing this article. If you want to know about Why is Bitcoin price up today?, continue reading and learn more. After the initial shock of the SVB crisis subsides, Bitcoin price has shown signs of recovery, with BTC/USD now … Read more
A recent survey conducted by OKX found that 63% of respondents believe that Ethereum (ETH) will reach $5,000 by the end of 2023. The survey also found that 83% of participant expect more ETH to be staked in the next three months. Wu Blockchain, a popular cryptocurrency analyst, tweeted the results of the survey on … Read more
Bob Lee, the creator of Cash App and Chief Product Officer of cryptocurrency company MobileCoin, was fatally stabbed in San Francisco at the age of 43. Police received a report of the stabbing at around 2:35 a.m. on Tuesday and found a man with apparent stab wounds. While police did not confirm the victim’s identity, … Read more
Cryptocurrencies are making a striking recovery in the midst of the US banking system’s recent turmoil. With four banks collapsing this year, investors are concerned, but cryptocurrencies are proving to be a secure and viable investment. Bitcoin is up 62.7% year to date, and the S&P Cryptocurrency Broad Digital Market Index is up 50.6%. This … Read more
MicroStrategy is continuing to scoop up bitcoin, spending $29.3 million at an average price of $28,016 per bitcoin since March 24. The company or its subsidiaries now owns over 140,000 bitcoins (BTC) as of April 4, according to an SEC filing. This isn’t a novel purchase. MicroStrategy bought 6,455 BTC over the last few weeks, … Read more
Bitcoin has been in a sideways pattern for the past ten days, with the price unable to hold above $28,300. A diamond top pattern has now formed, indicating a possible reversal, with a breakdown to $25,400 possible if the pattern breaks today. Bitcoin appears to have stabilized after its recent fall, with strong support levels … Read more
The United States Securities and Exchange Commission (SEC) is currently in a lawsuit with Ripple Lab, regarding what it says are illegal sales of unregistered securities. The company has been making such sales to investors without registering them as securities. In another case, Kraken, a popular crypto exchange, came under the commission’s radar concerning selling … Read more
The Securities and Exchange Commission charges Ripple with conducting an unregistered securities offering. Ripple plans to fight the charges. As the final days of the legal conflict surrounding the crypto sector wind down, all that is left is for Judge Analisa Torres of the Southern District of New York to issue her verdict. Stakeholders in … Read more
Cryptocurrencies are on the rise as investors seek a safe haven from the volatility hitting the banking sector. But is this digital currency the answer? Bitcoin, in particular, has seen a significant spike in value since the collapse of Silicon Valley Bank. The price of the cryptocurrency has risen from $20,447 on the morning of … Read more
The weekend’s commotion in the banking sector propelled the Bitcoin price (BTC) above 28000 dollars, a new high for this year 2023. Important negotiations in Switzerland have resulted in the takeover of the struggling Credit Suisse bank by its competitor UBS for 3 billion dollars. A sum that can be considered laughable when compared to … Read more