El Salvador has recently announced a major shift in its Bitcoin policy, signaling a significant change from its once trailblazing embrace of cryptocurrencyA cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by central banks, cryptocurrencies operate on de… as legal tender. The country, which made…
In a surprising and groundbreaking move, President Donald Trump unveiled plans to include five prominent cryptocurrenciesA cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by central banks, cryptocurrencies operate on de… in a proposed U.S. Crypto Strategic Reserve. This announcement, made through a post on…
Blockchain tracking firm Lookonchain says one crypto trader generated astronomical returns by betting big on Bitcoin (BTC) and Ethereum (ETH) as President Trump announced a potential US crypto reserve. According to Lookonchain, a crypto whale deposited 6 million USDC to Hyperliquid, a decentralized exchange (DEX) built for perpetual futures trading, to long BTC and ETH…
Key Takeaways: In early March, the US lost over 1,200 crypto ATMs, one of the most significant drops recorded. Senator Durbin’s proposed legislation targeting crypto ATM fraud may be a contributing factor. The global crypto ATM market is stagnating due to evolving regulations and increased scrutiny. While the cryptocurrency world is constantly evolving, the disappearance of…
Markets Event risk looms large this week as narratives unfold at similar levels. We therefore continue to err on the side of caution, favoring traditional haven assets. First, there’s the US growth story. Markets turned more sensitive to risks of a US growth slowdown or even recession as US President Trump’s policy mix (going from…
The Bomb Bank Signal is a powerful indicator for MetaTrader 4, designed to identify the most relevant trends in the financial market. If you are looking for a tool that accurately anticipates movements, Bomb Bank is the ally you need. How it Works: This indicator combines three distinct methods – volume analysis, candle closes and…
In an interview with CNBC’s Street Signs on February 27, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, offered insights on Bitcoin’s recent price decline and laid out a bold forecast for the world’s largest cryptocurrency. Despite near-term volatility, Kendrick expects Bitcoin to reach $200,000 this year and as high as $500,000 before…
A Record-Breaking Start Turns Sour Bitcoin kicked off 2025 with an explosive rally, surging to an all-time high of approximately $109,000 on January 20, driven by post-election optimism. However, as February drew to a close, the flagship cryptocurrencyA cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies…
Bitcoin’s price recently fell below the $80,000 mark, sending ripples through the cryptocurrency market. This article explores the multiple factors behind this sharp drop—including investor profit-taking, forced selling by Bitcoin ETF issuers, and broader macroeconomic pressures such as monetary policy stances, trade tensions, and inflation uncertainties. In addition, we analyze the fallout from the Bybit…
The cryptocurrencyA cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies issued by central banks, cryptocurrencies operate on de… market experienced a significant downturn today, with Bitcoin plunging below $86,000 as macroeconomicAt its core, macroeconomics is the branch of economics that examines the behavior, performance, and structure…