The cryptocurrency markets saw an uptick with a 5.5% boost, in market value following the release of crucial economic information from the United States.
Policy
Bitcoin had a day of trading with its value hovering around the $60,000 mark, a level as investors awaited upcoming economic data releases.
In a development, in the world of collectibles Binance NFT marketplace has announced that it will no longer support Bitcoin based Ordinal non fungible tokens (NFTs).
As Bitcoin heads, into the quarter of the year its edging closer to the $70,000 mark drawing attention from investors and traders who’re eager to see if it can surpass its previous peak.
In a twist, in the industry the cryptocurrency market showed a notable increase as trading began in Asia indicating a positive reaction from traders to recent global monetary policy changes and advancements in managing digital assets.
In a thought provoking document titled “Halving Handbook ” Coinbase Institutional has presented an analysis comparing the Bitcoin halving event scheduled for mid April 2024 with the previous market cycle spanning from 2018, to 2022.
In a show of strength and adaptability Bitcoin managed to navigate the uncertainties brought on by the U.S. Unemployment data holding steady, around $66,000.
In a development Bitcoin went through a price drop of 12.5%, between March 14 and March 17 reaching a value of $64,545.
Bitcoin made history on March 13 by reaching a record high of $73,650 marking a milestone. This achievement followed a 44% surge, in value within 16 days.
In an announcement that has caused quite a stir, in the world of cryptocurrency, Binance, a cryptocurrency exchange globally revealed its decision to remove monero (XMR) from its list of supported cryptocurrencies.
The world’s financial markets are in the grip of uncertainty, caught in a delicate balance between inflationary pressures and a brewing banking crisis.
The year 2023 will be etched in the annals of cryptocurrency history as the time when nuanced techno-economic debates took center stage, shaping the fates of protocols and thousands of stakeholders around the globe.
The digital asset landscape is a perpetually shifting sea of opportunity and peril, and staying afloat requires a keen eye for the winds of change.
Former U.S. President Donald Trump has drawn a line in the sand when it comes to the potential creation of a U.S. central bank digital currency (CBDC). At a rally in New Hampshire, Trump not only promised to block the digital dollar’s inception but also went as far as to label it a ‘dangerous threat to freedom.’
The market watch is on after a chilly Wednesday as the leading trio of U.S. stock indices staggered alongside a sudden spike in 10-year Treasury yields.