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Category Archives: Cryptocurrency

Bitcoin holds steady as DXY advance hurts stocks

Bitcoin rose to $26,820 on Wednesday, trading in the opposite direction to stocks as the Dollar Index hit a 10-month high. An easing for the DXY could see Bitcoin price strengthen above the $26k base. Bitcoin (BTC) defied a surge for the Dollar Index (DXY)

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MicroStrategy purchases 5,445 bitcoins as Chancer’s presale hits $2.2m

Key takeaways Bitcoin continues to trade below $26,500 despite MicroStrategy’s latest BTC purchase. Chancer’s stage two presale has now surpassed the $2.2 million mark. The cryptocurrency market began the week in a bearish mode, with prices of most coins and tokens in the red zone

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MicroStrategy’s latest BTC purchase sets Bitcoin price in motion

Bitcoin is defending the $26k after the recent MicroStrategy’s latest BTC purchase. Concerns over the US dollar’s impact on BTC may be overstated by investors. Coinbase holds about 5% of the total bitcoin in circulation. MicroStrategy’s recent acquisition of Bitcoin worth nearly $150 million has

Bitcoin bounces from support ahead of the Fed’s decision

Bitcoin found support at $25k (again) YTD performance remains impressive A dovish Fed may trigger even more strength Cryptocurrency investors may have been disappointed by the lack of volatility during the summer months—after all, Bitcoin, the leading cryptocurrency, only consolidated levels.  But one should keep

Shiba Memu, Hifi finance, and Bitcoin price prediction

$26,500 level holds the potential to serve as a pivotal point for Bitcoin price. According to market analysts, Hifi Finance could hit the highest price of $1.0. At press time, one Shiba Memu (SHMU) coin was going for 0.028225 USDT. The crypto market is once

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Japan’s banking giant Nomura launches Bitcoin adoption fund

Japan’s financial giant Nomura launches Bitcoin adoption fund The Bitcoin Adoption Fund is offered by Laser Digital Asset Management, a subsidiary of $500 billion Nomura. Laser Digital’s new fund offers long-only exposure to Bitcoin (BTC). Nomura, a $500 billion Japanese investment banking giant, has launched

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