Cryptocurrency

Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years. The price of bitcoin was recently higher by 5% at $63,255.00, according to Coin Metrics, building on a rally underway before the central bank decision Wednesday. Bitcoin, […]

Bitcoin reclaimed $60,000 on Tuesday as investors awaited details of the Federal Reserve’s rate cutting plans. The price of the flagship cryptocurrency was last higher by 4.3% at $60,394.41, according to Coin Metrics. At one point, it rose as high as $61,335.83. It got an initial lift on Monday night as former President Donald Trump […]

The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the first rate cut in four years after the central bank’s most aggressive hiking cycle. “The Committee has gained greater confidence that inflation is moving sustainably toward 2 percent, and judges that the risks to achieving […]

Today, history was made as President Donald Trump became the first US president to make a Bitcoin payment. The former President showed up to PubKey, a Bitcoin-themed bar located in the heart of Greenwich Village, New York City, to purchase some cheeseburgers (on National Cheeseburger Day) at the establishment, which was packed with Bitcoin enthusiasts […]

Bitcoin price is trading 16% above the local low of $52,546 reached on Sept. 6, leading analysts to believe that this reversal could be the start of a path to new all-time highs. “Bitcoin’s Local structure turned back to bullish here, after closing higher than the previous September high, and locking in a higher low […]

Coinbase’s recent innovation could transform Bitcoin from digital gold into a powerful DeFi asset, unlocking billions in untapped potential. Although Bitcoin (BTC 3.69%) remains the most valuable cryptocurrency in the world, it lacks much of the functionality other cryptocurrencies possess today, particularly smart contract capabilities. Without smart contracts, Bitcoin holders are unable to directly participate […]

The growing dominance of bitcoin and its implications for the crypto market were the focus of a recent discussion with Gary Cardone of Cardone Digital Ventures. Roundtable anchor, Rob Nelson, questioned Cardone on how bitcoin’s increasing influence could affect liquidity and investment in the broader digital space. Nelson began by addressing bitcoin’s status as the […]

Bitcoin is flashing signals that may indicate an explosive move to the $100,000-$150,000 range by the first quarter of 2025. BTC price classic pattern hints at big a breakout Bitcoin’s recent price action shows a confluence of technical indicators aligning with a breakout. The most notable pattern forming on the charts is the “cup and […]

MicroStrategy has significantly expanded its Bitcoin portfolio, purchasing approximately $1.1 billion worth of Bitcoin. This represents the largest Bitcoin acquisition by the company since February 2021. In a filing with the Securities and Exchange Commission on Friday, the business intelligence firm announced it acquired an additional 18,300 Bitcoin between August 6 and September 12, 2024. […]

Institutional adoption of bitcoin is accelerating as supply and demand factors shift and financial giants begin to take notice. Last week, inflows to crypto investment products rebounded to top $430 million thanks in large part to Bitcoin ETFs, according to CoinShares. Roundtable anchor Rob Nelson discusses these developments with Brian Dixon, CEO of Off The […]