Crypto News: After long attempts by U.S regulators to rescue First Republic Bank (NYSE: FRC), JPMorgan Chase & Co (JPM.N) will be acquiring the lender. Financial regulators will be seizing the FRC before the deal. However, PNC Financial Services Group (PNC.N) and Citizens Financial Group Inc (CFG.N) were also in the race to buy out FRC.
Also Read: Bitcoin Poised To Hit $1 Million; Arthur...
The world’s largest cryptocurrency Bitcoin (BTC) showed some volatility during the month of April, however, it faced extreme resistance at $30,000. On Sunday, Bitcoin made yet another attempt to breach $30,000, however, faced strong selling pressure soon after.
As of press time, Bitcoin is trading 2.12% down at a price of $28,566 and a market cap of $553 billion. It seems that Bitcoin is endi...
Bitcoin Price News: As the banking crisis spreads, U.S. financial regulators are reportedly working out the First Republic Bank (NYSE: FRC) buyout deal with three major banks. The Federal Deposit Insurance Corporation (FDIC) on Sunday received several bids from JPMorgan Chase, PNC, and Citizen. However, Bitcoin (BTC) price registered a decline as the deal closes in.
Also Read: Bitcoin’s Pric...
Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at
source
Apple removed Virtual Scanner II, which resulted in the removal of the Bitcoin white paper from MacOS.
The inclusion of the Bitcoin white paper in MacOS has sparked conspiracy theories and questions about Apple’s motives.
Craig Wright alleged that Apple violated his copyright by including the Bitcoin white paper in MacOS.
According to a report from 9to5Mac, on April 25, Apple has reportedly removed Virtual Scanner II, a test scanner a...
Bitcoin experienced sudden volatility on Wednesday, April 26, 2023.
The flagship cryptocurrency dropped by almost $3,000 in less than three hours.
The Bitcoin market liquidated $175 million worth of futures positions and wiped out up to $1 billion in open interest within 24 hours.
Bitcoin experienced sudden volatility on Wednesday, April 26, 2023. During this period, the flagship cryptocurrency dropped by almost $3,000 in less than thre...
Crypto Market News: In the lead up to the Federal Open Market Committee (FOMC) meeting between May 2-3, 2023, the S&P 500 Index ended the week on a high note with close to 1% jump over 5 days. The U.S. Federal Reserve’s meeting will be followed by jobless claims data and unemployment rate between May 4-5, 2023. While the market expects a 25 bps hike for the last time in a series of target rate hikes, any signs of dovish outlook going into J...
Bitcoin's bounce has paved the way for the type of six-figure price projections that peppered the pandemic-era crypto boom.The token's ripening monthly streak puts history on the side of such bold optimists. Bitcoin is set to climb for the fourth month in a row after eking out an April gain, the best such stretch since a six-month advance through March 2021. In the past decade, four-month winning runs foreshadowed an average Bitcoin surge of 260%...
Republican Senator Cynthia Lummis of Wyoming, often dubbed the “Queen of Crypto,” has fought for wider Bitcoin adoption. While her stance purports to favor pro-crypto innovation, others are skeptical.
Senator Lummis is a vocal supporter of Bitcoin and other cryptocurrencies. Lummis has collaborated with Senator Kirsten Gillibrand (D-NY) on the Responsible Financial Innovation Act, whose goal is to clarify regulations around crypto. She has gain...
Argentina’s economic woes have been compounded by record inflation and a rapidly depreciating peso. Citizens have been struggling to cope with the effects of excessive currency creation and the impact of the Russia-Ukraine conflict. Could Bitcoin be the solution?
In this context, Michael Saylor, CEO of MicroStrategy and strident Bitcoin advocate, recently suggested that Argentina buy Bitcoin as a potential hedge against inflation.
Argentina’s Ec...
