Category: Crypto

After a week of positive news, Bitcoin (BTC) has bounced back to $43,000 and is aiming for the $50,000 mark as analysts expect more gains ahead.The rise of BTC comes as U.S. lawmakers question the SEC’s authority over cryptocurrencies, showing Bitcoin’s strength in the face of regulatory uncertainty. Despite a more upbeat outlook, the Fed’s…

The US Department of Energy (DOE) is taking a closer look at bitcoin mining, creating new bitcoins by solving complex mathematical problems. Some people are worried that the government might use the data it collects to impose harsh regulations on the industry. The DOE says it is only trying to understand the impact of Bitcoin…

Cryptocurrency fans are holding out hope that Bitcoin’s price will rise to more than $100,000 this year. The United States Securities and Exchange Commission (SEC) took a big step toward allowing the first-ever exchange-traded fund (ETF) to target spot bitcoin in the US. This makes people more optimistic. Some cryptocurrency investors are positive about the…

Concerns have been expressed by JPMorgan Chase & Co. regarding the possibility of the collapse of Coinbase Global Inc., the largest cryptocurrency exchange in the United States. The company has cited a possible decline in the value of Bitcoin and a decrease in interest in exchange-traded funds (ETFs) that are tied to digital currency. Coinbase…

Elon Musk’s support played a significant role in the remarkable surge in popularity of Dogecoin (DOGE) on the internet between 2020 and 2021. As a result, several people achieved rapid financial success. Moving forward to 2022 and 2023, Solana had issues with FTX Trading Ltd., but after overcoming those issues, it is now seen as a…