Bitcoin falls 15% on inflation bombshell

Crypto sinks with stocks as the Fed acknowledges inflation Bitcoin has fallen 15% over the last week as the market weighs the impact of big shifts in the crypto ecosystem and broader macro environment. On Wednesday, Fed chairman Jerome Powell acknowledged rising inflation, and responded by bringing forward the timing of the next interest rate hike toContinue reading “Bitcoin falls 15% on inflation bombshell”

Bitcoin bounces as Elon adds to El Salvador optimism

While altcoins bleed, Bitcoin moves in on $40K Bitcoin is bouncing back. The crypto king has reclaimed its throne, and is closing in on $40K as the altcoin market stagnates. El Salvador’s approval of Bitcoin as legal tender on Thursday could be credited with the turnaround, boosting market sentiment and sparking a wave of interest from politicians acrossContinue reading “Bitcoin bounces as Elon adds to El Salvador optimism”

Bitcoin falls to $35K on warning of China crackdown

Altcoins suffer double-digit losses in marketwide meltdown Anxiety has washed over the crypto market, with cascades of selling push prices down to the same levels as before Tesla announced its Bitcoin treasury allocation. Tweets from Tesla CEO Elon Musk have been widely blamed for giving the market jitters, which turned to full-blown fear as China called for a crackdown on Bitcoin mining andContinue reading “Bitcoin falls to $35K on warning of China crackdown”

Smart contact platforms soar as Ethereum eclipses $4K

EOS adds 50% while Ethereum Classic triples in value Ethereum and Litecoin have led the market higher this week, with prices roaring past $4K and $400 respectively. As in previous weeks, altcoins have captured the most aggressive gains: Dogecoin finished the week up 20% after Elon Musk appeared on Saturday Night Live. Ethereum Classic tripled in value amidst a market-wide surge inContinue reading “Smart contact platforms soar as Ethereum eclipses $4K”

Bitcoin reclaims $52K after clawing back losses

Tax fears trigger correction for crypto market The crypto rollercoaster has taken another sharp turn, with Ethereum hitting all-time highs last Thursday just before Biden’s plans to hike capital gains tax triggered a sell-off across global markets. Bitcoin plunged below $50K on the news, falling for five consecutive days before bouncing to $52K. Ethereum, on the other hand, managed toContinue reading “Bitcoin reclaims $52K after clawing back losses”

Crypto Roundup, March 15, 2020: Bitcoin eclipses $60K on the anniversary of Black Thursday

Leading crypto celebrates more than 1400% gains year-to-date Bitcoin surged to fresh highs above $60K on Saturday, marking the one year anniversary of the Black Thursday crash with an astonishing show of strength. The buying frenzy began as another round of government checks hit American’s bank accounts. Biden’s $1.9 trillion plan was signed into law last Thursday afternoon, sparkingContinue reading “Crypto Roundup, March 15, 2020: Bitcoin eclipses $60K on the anniversary of Black Thursday”

Crypto Roundup, March 1, 2021 – Cardano bucks the trend as crypto market pulls back

Bitcoin falls alongside stocks after tagging $58K The Bitcoin rally hit a speed bump last week, pushing prices down to $43K as the stock market dropped and US Treasury Secretary Janet Yellen claimed the leading cryptoasset is “extremely inefficient for transactions.” Yet as the market moved lower, institutional investors kept buying. MicroStrategy and Square completed Bitcoin purchases of $1Continue reading “Crypto Roundup, March 1, 2021 – Cardano bucks the trend as crypto market pulls back”

Most famous moments in Crypto History

As with any good gamechanger, the meteoric rise of crypto is perceived, traded and talked about. Read on to learn about some of the most famous moments in crypto history, from momentous meetings and sensational scams to silly stories and memorable memes. The first retail bitcoin transaction Who knew a man’s love for pizza (and leftovers) wouldContinue reading “Most famous moments in Crypto History”

Crypto Roundup, February 8, 2021: Ethereum sets record price as Bitcoin closes in on all-time high

Market euphoria sends altcoins to the moon Ethereum blasted past all-time highs on Tuesday, setting the pace for a week of manic buying in the cryptocurrency market. Cardano and Binance Coin both surged to record levels as altcoins including Litecoin and Stellar flashed double-digit gains. Meanwhile, Bitcoin is back within striking distance of its own record high above $40K. The leading crypto has been boostedContinue reading “Crypto Roundup, February 8, 2021: Ethereum sets record price as Bitcoin closes in on all-time high”

Crypto Roundup, February 01, 2021: Crypto market swings wildly as more billionaires get behind Bitcoin

Ray Dalio, Elon Musk and Mark Cuban weigh in on growing market Bitcoin appeared to hitch a ride on Elon Musk’s rocket on Friday. The cryptoasset soared by 20% to hit $38K as the world’s richest man added #bitcoin to his Twitter Bio, and a record number of options contracts expired. However, despite the spike, soon enough the world’sContinue reading “Crypto Roundup, February 01, 2021: Crypto market swings wildly as more billionaires get behind Bitcoin”

Create your website with WordPress.com
Get started