The two presidential hopefuls are of the opinion that FedNow is the first step in launching a CBDC that threatens privacy and autonomy.
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Bitcoin Ordinals community debates fix after inscription validation bug
Currently, over two-thirds of voters on a Twitter poll said the missed inscriptions should be added at a later date instead of there being a retroactive reshuffling.
Bitcoin Ordinals community debates fix after inscription validation bug
Currently, over two-thirds of voters on a Twitter poll said the missed inscriptions should be added at a later date instead of there being a retroactive reshuffling.
Bitcoin hits $30K to mark highest price since June 2022
Bitcoin has hit $30,000 for the first time since June 2022 and has set a new price high for 2023.
Bitcoin hits $30K to mark highest price since June 2022
Bitcoin has hit $30,000 for the first time since June 2022 and has set a new price high for 2023.
New R&D tax rules could mean a US exodus for crypto companies
A change to R&D tax rules means that a tech company could lose more than $1 million — but still be on the hook for hundreds of thousands in taxes.
MetaMask launches new fiat purchase function for cryptocurrency
The new feature will allow users to purchase cryptocurrencies using various payment methods, such as debit or credit cards, PayPal, bank transfers, and instant ACH.
Bitcoin price rallies to $29.4K as traders gear up for this week’s CPI print
BTC’s rally to $29,400 comes as the all important CPI report releases on April 12 and traders debate whether the Federal Reserve will pivot.
Bitcoin price rallies to $29.4K as traders gear up for this week’s CPI print
Bitcoin (BTC) rose to its highest level in ten months on April 10 as traders await this week's April 12 consumer price index report to gain deeper insight into the Federal Reserve's fight against sticky inflation. If the report shows inflation dropping, it could be the next possible catalyst that further's BTC's upward move.
On April 10, BTC price soared 3.37% to over $29,300 after a quiet Easter weekend. Interestingly, Bitcoin's intraday gains appeared alongside a drop in U.S. equities, a rare decoupling that highlights the coin's diminishing risk-on characteristics.
BTC/USD year-to-date returns versus U.S. stock indexes. Source: TradingViewThe pre-CPI dynamic could be in effect
The Bureau of Labor Statistics will release March consumer price index (CPI) data on April 12, which expects to show inflation down to 5.1% from 6.0% year-over-year previously.
A slowdown in headline CPI increases the prospects of the Federal Reserve shifting in a more dovish direction. Conversely, persistent inflationary forces could lead traders to bet on more interest rate hikes in May.
Bitcoin's rise above $29,000 suggest that crypto traders have been pricing in a drop in inflation, which, in turn, could lead to a potential Fed pivot.
Texas’ gold-backed digital currency project: Law Decoded, April 3–10
While Ted Cruz and Ron DeSantis attack the idea of American CBDC, Texan lawmakers propose to create a statewide one.
Price analysis 4/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Bitcoin’s (BTC) tight consolidation near its local top suggests that traders are waiting for a catalyst to start the next trending move. The consumer price data on April 12 and the producer price index data on April 13 could give insight into the Federal Reserve’s future rate hikes and shake the traders out of their slumber.
The dull price action in Bitcoin has not reduced the interest in it. According to Ahrefs search volume data, Bitcoin remains the most Googled term in the United States followed by the keywords Donald Trump and Breaking news.
Daily cryptocurrency market performance. Source: Coin360Another point worth noting is that Bitcoin’s circulating supply continues to dwindle. Citing Glassnode data, investor Anthony Pompliano pointed out that 53% of Bitcoin’s circulating supply has not moved in the past two years.
If demand increases, there could be a shortage of supply, which could boost prices higher. What are the critical resistance levels to watch for in Bitcoin and altcoins in the near term?
Let’s study the charts to find out.
Price analysis 4/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
After days of consolidation near the local high, Bitcoin is trying to breakout and challenge the $30,000 level.
Etherscan hides zero-value token transfers to deter address poisoning attacks
Address poisoning is a phishing scam that can affect users who have received unwanted tokens and don't check their addresses carefully when sending crypto.
Etherscan hides zero-value token transfers to deter address-poisoning attacks
Address poisoning is a phishing scam that can affect users who have received unwanted tokens and don’t check their addresses carefully when sending crypto.
South Korean crypto exchange GDAC hacked for nearly $14M
The exchange said that all deposits and withdrawals are temporarily suspended as it performs emergency server maintenance.
South Korean crypto exchange GDAC hacked for nearly $14M
The exchange said that all deposits and withdrawals are temporarily suspended as it performs emergency server maintenance.
'Don't Mess with Texas Innovation' — advocates criticize bill removing crypto mining incentives
Lawmakers in a Texas Senate committee moved forward on Senate Bill 1751 on April 4, paving the way for a floor vote for the legislation some have labeled as against crypto miners.
Crypto exchange Huobi returns to profitability in Q1 after restructuring
After cutting employees and benefits, the cryptocurrency exchange reportedly made a $30 million profit during the first quarter of 2023.
'Pop or drop?' Bitcoin analysts decide if BTC price will beat $30K
Bitcoin is giving off fresh signals that it is soon time for a BTC price surge, but old support may need a retest first.
'Pop or drop?' Bitcoin analysts decide if BTC price will beat $30K
Bitcoin (BTC) continues to tread water at the April 10 Wall Street open, but crypto market participants are betting on a serious breakout next.
After a late surge took BTC/USD to its highest weekly close since June 2022, there is new optimism over an attack on $30,000.
Data from Cointelegraph Markets Pro and TradingView shows a cool start to the macro trading week, with $28,200 currently forming a focus.
BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewWith formidable resistance overhead, however, Bitcoin has spent much of the last week in a firmly established but increasingly narrow trading range.
The longer this holds, the theory goes, the more intense the eventual breakout should be — whether up or down.
