Bitcoin (BTC) Is Back To $41,000, But Here’s Why Retail Investors Shouldn’t Purchase Yet
Bitcoin (BTC) makes an unexpected surge to the north just a day before the Federal Reserve intends to announce its first rate hike in four years. Bitcoin is now trading 5% up above $41,000 at the time of publication. Bitcoin has now climbed back above $40,000 for the third time in three weeks. Retail investors, however, […]
“I Won’t sell my Bitcoin, Ethereum, or Doge.” – Tesla CEO Elon Musk
Elon Musk, Tesla’s CEO, expressed his concern about the rising rate of inflation as a result of the escalating Russian-Ukraine crisis in a tweet on Monday. He would not, however, sell his Bitcoin, Ethereum, or Doge assets for what they are worth, despite rising inflation. Musk reiterates his bullish position on cryptocurrency, citing the crypto […]
207,000 Bitcoins Have Exited Exchanges From Late July Till Present
Despite the market’s current bearish trend, Bitcoin balances on leading exchanges continue to be a source of bullish expectations. According to Glassnode’s latest on-chain analysis, there have been large outflows of Bitcoin from the market, with the exception of a few exchanges. The Bitcoin exchange balances are edging closer to relative equilibrium. The market appeared to be […]
The Ukraine-Russia War and Cryptocurrency
Amid the Ukraine-Russia War and Cryptocurrency donations, cyberattack could be employed at this time. Here is how you can report crypto fraud. Ukraine-Russia War Brief Summary The Ukraine-Russia war is no longer new to the world. The Russian invasion of Ukraine started on February 24, 2022, and since then lives were lost, properties were destroyed […]
Bitcoin (BTC) Drops Below $40k Ahead Of Red-Hot Inflation In The United States
Bitcoin (BTC) paused its recent climb, sliding 5% to $39,600, as traders remained cautious ahead of U.S. inflation data on Thursday, which is expected to reveal a massive spike in consumer prices through March. The token was also adopted by the majority of popular altcoins. Consumer prices in the United States rose 7.9% last month, […]