Bitcoin was modestly lower early Saturday following the so-called halving, an event that sharply cut the issuance of the world’s largest cryptocurrency. The price of Bitcoin has fallen 1.3% to $63,676 over the past 24 hours, holding above $60,000 that it traded at earlier this week amid worries over inflation and the outlook for interest
Illustration: Westend61 (Getty Images) After days of tumultuous trading, Bitcoin finally reached $65,000 Friday morning, thanks to its big halving event. The jump in Bitcoin price is a relief for investors as giant banks such as JPMorgan and Goldman Sachs were less confident about the top cryptocurrency in their recent reports. TSMC beat on Q2
At the end of February a reader who we will call Joan was on Facebook and came across an article that looked like it had come from a reputable Irish news source highlighting how a reputable Irish television personality had made a serious amount of money following a judiciously placed investment in cryptocurrency. The article
Bitcoin is getting jittery before the big ‘halving’ event scheduled for Friday. The top cryptocurrency fell to $59,900 on Wednesday for the first time since early March, almost 17% below its all-time high. Could Middle East tension escalate oil prices? Many of the other major cryptocurrencies also dropped Wednesday, including the second-largest, Ether, which has gone
Among all cryptocurrencies, stablecoins have always faced the most scrutiny from financial regulators. However, they also have supporters who speak about their benefits to the financial world. Recently, the CEO of Cantor Fitzgerald, the custodian of stablecoin Tether, discussed the potential benefits of stablecoins and the future of asset tokenization in the U.S. economy. Dow
Overearth / Getty Images/iStockphoto With the resurgence of the price of Bitcoin — partly driven by the January approval of spot Bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC) — there has been renewed interest in the crypto space as of late. Check Out: 8 Best Cryptocurrencies To Invest In for 2024Read
In this article, we will discuss 11 best crypto to invest in for beginners according to Reddit. If you want to see more crypto options for beginners, check out 5 Best Crypto To Invest In For Beginners According To Reddit. Cryptocurrencies became a multibillion-dollar industry in 2017 when the average price of Bitcoin rose from
Unleashing the Purrfect Potential of Cat Coins in the cryptocurrency market Cryptocurrencies have evolved beyond the realm of Bitcoin and Ethereum. Among the myriad altcoins, a peculiar and delightful category has emerged: Cat Coins. These feline-inspired tokens have captured the attention of crypto enthusiasts, meme lovers, and cat aficionados alike. But what exactly makes them
Elliott Wave Analysis TradingLounge Daily Chart, Bitcoin/ U.S. dollar(BTCUSD). BTCUSD Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Triangle. Position: Wave ((D)). Direction Next higher Degrees: Wave (III). Wave Cancel invalid level: 31046.25. Details: The corrective of Wave IV before increasing again in Wave V. Bitcoin/U.S. dollar(BTCUSD)Trading Strategy: Bitcoin is still in an uptrend. This is
Photo-Illustration: Intelligencer; Photos: Getty “I had no idea who Barry Silbert was or anything until after November 16, 2022,” Eric Asquith told me. That date was when he was pretty sure he had lost his family’s savings of $1,052,000. Asquith took what he thought was the sober route into crypto. He didn’t buy bitcoin or