Prices of Bitcoin (BTC) and other cryptocurrencies fell on Friday as a result of losses in wider markets and tensions within the digital asset industry. The largest cryptocurrency has fallen to its lowest levels since mid-January when it was close to $19,500 in a recent trough, and Bitcoin’s price has fallen 6% in the last…
About Cathie Wood Cathie Wood is a prominent stock picker and the founder of ARK Invest, which invests in genomics and self-driving cars with assets totaling $60 billion. Cathie Wood started ARK in 2014 with the intention of putting active stock portfolios into an ETF format after working for other investment firms. Over the past…
In order to regulate the cryptocurrency industry, Indian Finance Minister Nirmala Sitharaman has emphasized the significance of international cooperation. She also confirmed that the crypto awareness campaign launched by Indian regulators will continue to educate individuals about the dangers of investing in cryptocurrencies. Cryptocurrency Regulation, Bill, and Awareness Campaign: Indian Finance Minister During a press…
A new fan club program based on Binance’s previous fan engagement program for Fan Tokens has been announced. In October 2021, the earlier program went live for the first time. Since then, it has provided sports fans with opportunities to engage with their favorite teams more actively and interactively. These remember deciding in favor of…
The cryptocurrency market enthusiastically welcomed the recent release of a number of macroeconomic indicators, which provided some encouragement and enhancements. The majority of digital currencies, including the less well-known ones, followed in the wake of major cryptocurrencies like Bitcoin and Ethereum’s recovery from their slumps. Five cryptocurrencies are worth keeping an eye on in the…
Today, positive news that Hong Kong will welcome digital assets and investors has fueled a surge in the cryptocurrency and bitcoin markets. Hong Kong has ambitious plans to establish itself as a crypto hub in Asia. It will officially make crypto trading, buying, and selling for all of its citizens legal in June. That also…
Since the beginning of the year, the crypto industry has been subjected to increased regulatory pressure, which has sparked debate on Twitter regarding whether the United States government is secretly attempting to regulate the industry as a whole. Brian Armstrong, CEO of Coinbase, has provided the most recent piece of the theory’s puzzle. Armstrong wrote…
Although Bitcoin is far from making everyone optimistic, several sources indicate that BTC price charts now display traditional bull market structures. On February 4, bulls refused to relinquish support in after-hours trading, and Bitcoin hovered around $23,500. The price of bitcoin brings back images of the 2020 As traders waited for the release of US…
At least 14 crypto companies, including Coinbase, Gemini, Digital Currency Group, ConsenSys, and Blockchain.com, announced staff reductions in the month. In the first month of 2023, crypto companies tightened their budgets, firing at least 2,900 employees from 14 crypto companies. Prime Trust, a provider of crypto infrastructure, is said to have started laying off employees,…
According to one analyst, stochastic patterns allow for 189% BTC price gains in comparison to the current Bitcoin all-time high. According to one analyst, Bitcoin (BTC) has “well-formed” evidence that suggests its next all-time high will be $200,000. The well-known Twitter commentator Trader Tardigrade, also known as Alan, identified $70,000 as the subsequent potential bear…
