Uncategorized

Bitcoin bounced toward $49,000 on Wednesday as traders reacted to the U.S. Federal Reserve’s decision to accelerate its stimulus withdrawal. Some analysts suggested the Fed decision was already priced in, …

Market Wrap: Bitcoin Bounces After Fed Decision; Analysts Expect Sideways Trading Read More

Bitcoin (BTC) held support around $46,000 and is attempting to reverse a short-term downtrend. Still, upside appears to be limited toward the $52,000 resistance level, which is roughly midway through …

Bitcoin Rises Toward $50K; Resistance Seen Around $52K Read More

Payments firm Block, formerly known as Square, will allow its Cash App users to gift as little as $1 in stock or bitcoin, according to a tweet on Tuesday. “It’s …

Block’s Cash App Launches Feature Allowing Users to Gift Bitcoin Read More

Bitcoin appears to have digested the U.S. Federal Reserve’s impending hawkish, or anti-inflation, policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief …

Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In Read More

A new exchange-traded fund (ETF) from crypto manager Valkyrie invests in companies with big bitcoin bags, according to a regulatory filing published Wednesday. Balance Sheet Opportunities ETF, trading as VBB …

Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks Read More

In a letter to the U.S. Securities and Exchange Commission (SEC) on Tuesday, Coinbase urged the agency to approve NYSE Arca’s application to convert the Grayscale Bitcoin Trust into an …

Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF Read More

Federal Reserve officials took steps to accelerate the withdrawal of the unprecedented monetary stimulus used to prop up markets in the wake of the coronavirus, acknowledging the growing threat of …

Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps Read More

Bitcoin was trading little changed after the Bank of England delivered a surprise interest rate hike and the European Central Bank (ECB) announced an end to the crisis-era asset purchase …

Bitcoin Holds Steady as BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus Read More

Bitcoin is the world’s first successful decentralized cryptocurrency and payment system, launched in 2009 by a mysterious creator known only as Satoshi Nakamoto. The word “cryptocurrency” refers to a group …

What Is Bitcoin? Read More

Former U.S. Marine and 2018 candidate for South Carolina governor John Warren has started Gem Mining after raising over $200 million in institutional capital, according to a statement on Wednesday. …

Former Marine and South Carolina Politician Raises $200M to Start Bitcoin Mining Company Read More