Blockchain & crypto news from India
On Wednesday, Bitcoin surged to the highest it has been to since November 2021. It rose to just above $64000, before the prices started falling again. The bulls as well as the bears of the market were stunned by the sudden and steep movement in the prices. Bitcoin has risen by more than 20% in…
The Bitcoin marathon is becoming unstoppable as it reaches the mark of $60,000 after a wait of 2 years! It increased significantly over a value of 6% merely in 24 hours as reported by Binance. As per CoinMarketCap data, the world’s first cryptocurrency has witnessed a significant surge of over 13% on the weekly chart…
The FOMO stage for Bitcoin has begun as it reaches the breakout point of $50,000 after a wait of two years! The ETF launch has contributed to the bull market of Bitcoin after its launch spot that took place on January 11. The billion-dollar trade of ETFs took place in the first week of its…
‘The Bitcoin-Macro Disconnect’ by Gianluca Benigno and Carlo Rosa, published this month by the Federal Reserve Bank of New York, is a staff report inspired by the aim to figure out the drivers of prices of Bitcoin, the most popular of cryptocurrencies. The motivation comes from the huge market capitalization that Bitcoin soared to recently,…