Cryptocurrency

The yen’s volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview. Cryptocurrencies, widely known for their often volatile nature, were a sea of calm Friday as the Japanese yen’s tumble to a fresh […]

Bitcoin held above $63,000 on April 26 despite facing a slew of negative influences. These include significant outflows from spot Bitcoin exchange-traded funds (ETFs) over two days, heightened regulatory scrutiny marked by a United States Federal Bureau of Intelligence warning against unregistered crypto services, and efforts by U.S. senators to scrutinize cryptocurrency transactions. On April 25, […]

An “epic sat” — an exceptionally rare satoshi mined from the fourth Bitcoin halving block — has sold for 33.3 Bitcoin (BTC), worth about $2.13 million. The sale of the satoshi — the smallest unit of Bitcoin — took place on cryptocurrency exchange CoinEx Global on April 25 — roughly five days after one of its partners, […]

The United States securities regulator filed a lawsuit against Geosyn Mining and its co-founders alleging they defrauded investors out of $5.6 million by lying about the amount of crypto mining rigs it operated while using customer money for personal expenses. The Securities and Exchange Commission’s April 24 lawsuit in a Fort Worth, Texas federal court claimed Geosyn, […]

Bitcoin traded lower on April 25 after a fresh knee-jerk reaction to geopolitical news cost bulls up to 5%. BTC/USD 1-hour chart. Source: TradingView BTC price stays sensitive to Middle East Data from Cointelegraph Markets Pro and TradingView showed BTC price action attempting to form support at $64,000 prior to the Wall Street open. This followed a dip to […]

In the fast-paced world of cryptocurrency, three coins demonstrate distinct market behaviors with significant implications for investors and market watchers alike. Bitcoin (BTC) shows resilience and bullish trends after its fourth halving, as detailed in a recent Bitfinex report. Ethereum (ETH), however, faces uncertainties despite crossing significant price thresholds due to a concerning decline in […]

The first wave of spot Bitcoin and Ether exchange-traded funds (ETFs) have been officially approved to start trading in Hong Kong on April 30. Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), announced the official approval of the first batch of spot Bitcoin and Ether ETFs on April 24, according to a press […]

Analyst and founder of the Capriole Investments fund Charles Edwards said multiple on-chain metrics suggest that Bitcoin and other cryptocurrencies have “a lot further to run” in this bull market. In his latest newsletter, Edwards explained that transaction fees from the recent Runes launch and other long-term metrics after the Bitcoin halving suggest “higher baseline Bitcoin prices. […]

The potential return of more than $9 billion worth of Mt. Gox-era Bitcoin over the next few weeks might “spook the market” and put negative price pressure on Bitcoin, according to K33 Research analysts. Earlier this week on Reddit, some creditors of the failed Mt. Gox crypto exchange reported seeing updates on their claims, with many […]

Bitcoin kept up pressure on key resistance into April 24 as research showed whales “buying the dip.” BTC/USD 1-hour chart. Source: TradingView Bitcoin whales seize the day BTC price action circled $67,000 after a boost at the latest daily close, data from Cointelegraph Markets Pro and TradingView confirmed. Still within a narrow range, bulls continued to grind away at nearby […]