The US Banking Crisis Continues to Impact Cryptocurrency Market

The past week was eventful: The U.S. Federal Reserve shared its plans, a string of banking collapses continued, updates were released on some digital platforms. How did it affect prices? Bitcoin Bitcoin price fell 2.5% in the week ...

US Federal Reserve Raises Interest Rates Amid Bank Failures

The U.S. Central Bank has raised interest rates by 25 basis points The Fed's interest rate is now 5.25% The hike comes amid bank failures BTC has barely reacted to the decision The United States Federal Reserve is raising interest rates ag ...

Ted Cruz Reveals His Strong Support for Bitcoin Investment

During the Bitcoin Policy Summit, Ted Cruz, a prominent American senator, made a bold confession about his personal investment strategy. According to Cruz, he is a devoted investor in bitcoin, and he regularly purchases the popular cryptocurrency. The senator revealed that he currently holds s ...

Robert Kiyosaki Predicts Bitcoin’s Value Will Soon Reach $100,000

Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, has voiced his unwavering support for Bitcoin and believes that the world's first cryptocurrency will soon be valued at $100,000. In a recent tweet, Kiyosaki explained that he had initially thought Bitcoin had reached its peak, but wat ...

BTC Drops for Third Day as Market Sentiment and US Fed’s Rate Hike Plan Takes Toll

Experts in the cryptocurrency market attribute the recent three-day decline in the price of Bitcoin to excessively positive market sentiment and the announcement of a potential interest rate hike by the US Federal Reserve. According to CoinGecko, Bitcoin's market price has continued to drop for t ...

Senior Commodity Analyst Predicts Bitcoin’s Role as Safe Haven Investment

During an appearance on the Stansberry Investor Hour, a prominent Bloomberg commodity analyst shared his optimistic outlook for bitcoin as a long-term investment. According to Mike McGlone, bitcoins may eventually become a safe haven asset in times of market turmoil, similar to gold or long-term ...

Bloomberg Strategist Warns Against Investing in DOGE and SHIB Cryptocurrencies

Bloomberg Intelligence Senior Strategist Mike McGlone has raised concerns about the risks associated with investing in meme cryptocurrencies DOGE and SHIB. He believes that during the upcoming economic storm, Bitcoin will continue to overshadow other digital assets. However, for DOGE and SHIB, ...

Galaxy Digital Founder Predicts Bitcoin Price to Reach $40,000 if US Fed Cuts Interest Rates

Galaxy Digital founder Mike Novogratz has recently shared his thoughts on the future of bitcoin's price, stating that it could potentially reach $40,000 in the event that the US Federal Reserve decides to cut interest rates. Novogratz is optimistic about the prospects of both Bitcoin and Ethereum ...

Bitcoin’s Long-Term Outlook is Bullish Despite Uncertainty in Short-Term Trends

Long-term timeframes for Bitcoin (BTC) are showing a number of bullish signals, but the direction of the shorter-term trend is still unclear Recent data from the US Federal Reserve showed that between March 8 and 15, the rate of bank deposits in the US fell significantly amid concerns about the t ...

CEO of Van Eck Associates Predicts Lateral Movement in 2023 with Possible Bull Cycles for Bitcoin and Gold

During an episode of Closing Bell: Overtime on CNBC, the CEO of Van Eck Associates expressed his belief that the current uncertainty in the banking system is temporary and that both bitcoin and gold could be at the beginning of a new bull cycle that could last for several years. However, Jan Van ...

First Republic Bank faces liquidity crisis amid cryptocurrency services

First Republic Bank, like many other financial institutions in the US, has recently encountered a liquidity crisis and has sought help from both the banking community and the US Federal Reserve. In an effort to stay ahead of the curve and cater to the needs of its clients, the bank has collaborat ...

Coinbase Analysts Express Confidence in Long-Term Strength of Cryptocurrency Market

Coinbase analysts have presented a report on the cryptocurrency market, expressing their confidence in the long-term strength of digital assets. The report considers three scenarios related to the actions of the US Federal Reserve: stopping interest rate hikes, a slight rate increase with further ...

Texas Senator Ted Cruz introduces bill to prevent US Federal Reserve from launching digital currency

Senator Ted Cruz of Texas has put forward a proposal to stop the US Federal Reserve (Fed) from releasing its own digital currency for the retail market. According to the Republican senator, the bill would prohibit the government from utilizing the digital dollar to oversee the populace's financia ...

Goldman Sachs analysts call Bitcoin the best asset of the year with 51% growth

According to investment bank Goldman Sachs, bitcoin has been the standout asset of the year so far, with its value increasing significantly in just under three months. Compared to other major assets, bitcoin has experienced the highest growth rate, having risen by an impressive 51% since the begi ...

Cameron Winklevoss sees US Fed’s announcement as a reason to buy Bitcoin

Gemini's co-founder, Cameron Winklevoss, took to social media to express his reaction to the US Federal Reserve's recent announcement that it would be providing $300 billion from its holdings to cash-strapped banks. In a tweet, Winklevoss remarked that "The Fed's move has given everyone $300 bill ...

ARK Invest CEO: Cryptocurrencies are now seen as protective assets during US banking crisis

During the ongoing banking crisis in the United States, the perception of cryptocurrencies has shifted from a risky asset to a protective asset, according to Cathie Wood, the CEO of investment fund ARK Invest. Wood blames the US Federal Reserve and other regulators for the collapse of Silicon Val ...

Custodia Bank files new lawsuit against US Federal Reserve for rejecting master account application

Following the rejection of its application to open a master account with the US Federal Reserve, Custodia Bank has taken legal action against the regulator, claiming that it has been discriminated against and unfairly denied access to full membership of the US Federal Reserve System. Custodia Ban ...