Bitcoin

Will Bitcoin Rise Above $30000, Or Break Below $25k? | Coingape

The recent decline in Bitcoin’s price for the second consecutive day and dropping to its lowest level in over six weeks could indicate a bearish trend in the short term. The token is shedding some of its gains from the 2023 rebound, and the market sentiment seems to be more cautious and fearful. Will Bitcoin cross $30k or go below $25k, as there are mixed signals and indicators? BTC Mar...

Jerome Powell Loses America’s Trust: Is Bitcoin the Solution?

In an era of wavering faith in economic leadership, the American public’s trust in Jerome Powell, the Federal Reserve’s Chair, is declining. Is this merely a symptom of a volatile economy or a more profound shift in public sentiment toward Bitcoin? As central bank strategies come under scrutiny, the potential for alternative financial systems, such as Bitcoin, is drawing increased attention. Could this digital currency reshape the nation’s fina...

Empower Oversight Sues US SEC Over Selective Enforcement On Crypto

Crypto Market News: Empower Oversight Whistleblowers & Research (EMPOWR), an organization focused on enhancing independent oversight, on Thursday filed a complaint against the US Securities and Exchange Commission (SEC) over alleged selective enforcement on crypto market businesses by top agency officials. The organization filed a complaint in the United States District Court for the D...

MATIC, CAKE, ETH, BTC, and SUI Among The Top Trending Cryptos

CoinGecko shared the top trending cryptocurrencies earlier today. The top 5 cryptos included on this list were MATIC, CAKE, ETH, BTC, and SUI. All of the tokens included on the trending list experienced price losses over the past day. Crypto data aggregator CoinGecko shared some of the top trending cryptocurrencies earlier today. The cryptocurrencies were ranked based on which coins were searched for the most over 3 hours. The fi...

People Own Bitcoin Because It Is Essential, Says Michael Saylor

Michael Saylor says owning Bitcoin is an ethical imperative and essential to the world. Saylor adds that Bitcoin is a tool that can give hope and property rights to the world’s population. Bitcoin stands as the solution to the growing monetary challenges of the world, according to Saylor. According to the Executive Chairman of MicroStrategy, Michael Saylor, one of the reasons people own Bitcoin is because it is an ethical impe...

Ripple CEO Reveals ‘Silver Lining’ in XRP Vs SEC Lawsuit

Crypto Market News: While several crypto businesses based in the United States have in the recent times felt the heat of regulatory scrutiny, it can be said that Ripple is at the final stages of its legal battle with the U.S. Securities and Exchange Commission (SEC). The company’s CEO, Brad Garlinghouse, recalled the long battle, stating that the journey has been frustrating. In this conte...

Binance CEO CZ On Lessons From LUNA Crash, BTC Drop

On the anniversary of the LUNA crash, Binance CEO Changpeng Zhao (CZ) reflected on the lessons learned from the event, which saw $40 billion in value lost and Bitcoin’s significant dip. He has been pushing a message of transparency and user protection since his “poor again” tweet, following the crash on May 09, 2022. CZ Looks Back On LUNA Crash CZ tweeted this morning with Bitcoin’s price ...

Bitcoin Miner Marathon Digital Receive Subpoena from SEC Over Violations of Securities Laws

In the latest development, Bitcoin miner Marathon Digital Holdings stated that it has received a subpoena from the US Securities and Exchange Commission in their ongoing investigation of the Montana Data Center involving the potential violations of securities laws. In its filings on Wednesday, May 10, Marathon Digital said: “The Company received an additional subpoena from the SEC on April...

Crypto Market Dumps Over Rumors Of US Govt. Selling BTC

There are ongoing rumors that the United States government has just parted with 9800 Bitcoin (BTC) in a sale that reportedly raked in $277 million. The supposedly sudden release of that quantity of BTC in the crypto space caused the value of the coin to begin its depreciation and is currently trading at $27,687.83 down by a marginal gain of 0.84%.  Before the U.S. government sold the BTC, ...

US Rep Bryan Steil Roasts Gary Gensler In Historic Crypto Hearing

Crypto Market News: Bryan Steil, a the US representative from Wisconsin, opened his remarks saying the current “regulation by enforcement” was not working, during the historic joint Subcommittee hearing on digital assets. Earlier, Patrick McHenry, Chairman of the House Financial Services Committee, delivered his opening remarks saying “The goal here is to make law.” Steil recalled US Secur...
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