El Salvador Increases Bitcoin Holdings Despite IMF Agreement

El Salvador’s recent purchase of 13 BTC in the last week has garnered attention, especially in light of its ongoing negotiations with the IMF. Despite the deal being struck with the International Monetary Fund, the Central American nation has shown its commitment to embracing cryptocurrencies. The move to acquire Bitcoin demonstrates El Salvador’s forward-thinking approach [...]

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Boost in US Bitcoin Reserves Increases Volatility, Futures Market Reacts

The United States Bitcoin Reserve’s recent increase has caused a surge in volatility, leading to a pullback in futures trading. This change in the market dynamics has sparked interest and speculation among investors and traders alike. Market analysts are closely monitoring the impact of the US Bitcoin Reserve on the cryptocurrency market, as its reserves [...]

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Boosting Bitcoin Holdings: CleanSpark Increases Treasury by 6% in February

CleanSpark Boosts Bitcoin Reserve in February CleanSpark, a software and technology company specializing in microgrid solutions, has significantly increased its holdings of Bitcoin in February. The company’s decision to bolster its Bitcoin treasury comes as digital assets continue to gain mainstream acceptance and adoption. CleanSpark’s proactive approach to diversifying its treasury with Bitcoin aligns with [...]

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ETH price poised to reclaim $2.2K macro range as whale accumulation increases

After a period of consolidation, Ethereum (ETH) has managed to reclaim the $2,200 macro range, signaling a potential bullish momentum. This move comes as whale accumulation continues to grow, adding to the positive sentiment surrounding the second-largest cryptocurrency by market capitalization. ETH’s ability to break above the $2,200 level is seen as a significant achievement, [...]

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Hyperliquid increases margin requirements following $4 million loss from liquidation

HyperLiquid, a leading cryptocurrency exchange platform, has announced an increase in margin rules following a $4 million liquidation loss. This change aims to protect investors and ensure the security of their funds. The adjustment in margin rules comes after a significant loss due to the liquidation of a large number of leveraged positions. By tightening [...]

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Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday [...]

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AltSignals (ASI) price prediction as presale momentum increases

With the overall growth in appeal surrounding products, services, and bots that leverage the power of artificial intelligence (AI) and machine learning (ML), more projects are adopting its technology than ever before. AltSignals is one notable example, where it utilizes the power of AI to empower its stack known as ActualizeAI. The AltSignals project can …

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Decentraland (MANA) Price Drops, Aptos (APT) Price Increases, Orbeon Protocol (ORBN) Thrives

In this article, we have explained about decentraland mana price drop, Aptos price increase and how the orbeon protocol thrives. Read on to learn more. The cryptocurrency market has been rising in the past few years as more and more investors are looking to yield gains. While many projects like Decentraland (MANA) and Aptos (APT) […]

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MicroStrategy increases Bitcoin holdings by 2,500 BTC | Invezz

MicroStrategy (NASDAQ: MSTR), the world’s leading enterprise analytics firm and the public company with the largest holdings of Bitcoin (BTC/USD), is not done buying the cryptocurrency. While the market has teetered on the verge of a major sell-off as prices oscillate at critical support levels amid crypto contagion, MicroStrategy appears to have tapped into the ... Read more

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Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022

On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners Catch a Break as the Network’s Difficulty Drops

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Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases – Economics Bitcoin News

On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage and further noted the Fed anticipates […]

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Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023

Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176. Bitcoin’s Difficulty Has Risen More Than 22% Since Block [...]

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Goldman Sachs Increases Ethereum ETF Holdings by 2,000%, Bitcoin ETFs Surpass $1.5B

Goldman Sachs, a prominent financial institution, has significantly boosted its holdings in Ether and Bitcoin exchange-traded funds (ETFs) during the fourth quarter of 2024. This move by Goldman Sachs indicates a growing interest in cryptocurrencies among institutional investors. The decision to increase investments in Ether and Bitcoin ETFs comes at a time when the overall [...]

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Federal Reserve Governor Hints at More Interest Rate Hikes

Federal Reserve Governor Michelle Bowman says additional interest rate increases will likely be needed to get inflation on a path down to the Fed’s target. “I will also be watching for signs of slowing in consumer spending and signs that labor market conditions are loosening,” the Fed governor added. More Interest Rate Hikes Likely Needed, [...]

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Veteran Trader Peter Brandt Urges Federal Reserve to Raise Interest Rates Another 100 Basis Points

Veteran trader Peter Brandt has urged the U.S. Federal Reserve to stay hawkish and increase interest rates another 100 basis points to protect the nation’s wealth. He stressed that there is nothing more destructive to wealth than inflation, emphasizing that the Fed “must keep their feet to the floorboard to prevent a re-occurrence of inflationary [...]

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