Crypto Price Today: Bitcoin regains $29,000; Ethereum below $1,600; Solana surges 9%

Crypto Price Today: Bitcoin regains $29,000; Ethereum below $1,600; Solana surges 9%

Bitcoin and other crypto tokens posted better-than-modest gains on Friday after the US Fed chair’s commentary last evening, which pushed the treasury yields higher. However,  The state of New York has filed a lawsuit against Digital Currency Group, and its subsidiary Genesis Global Capital along iwht crypto exchange Gemini alleging fraud to the tune of … Read more

Crypto Price Today: Bitcoin holds $26,500; Ethereum slips below $1,550; Altcoins in pain too

Crypto Price Today: Bitcoin holds $26,500; Ethereum slips below $1,550; Altcoins in pain too

Bitcoin and other crypto tokens were struggling on Friday, marking the fourth consecutive session of decline. The lower-than-expected inflation numbers in the United States pushed the dollar index and treasury yields higher, denting the sentiments for the riskier asset class. Dogecoin (DOGE)is currently facing difficulty breaching a previous resistance level ($0.061) and is in a … Read more

Crypto Price Today: Bitcoin nears $26,500; Ethereum tops $1,600; Altcoins trade mixed

Crypto Price Today: Bitcoin nears $26,500; Ethereum tops $1,600; Altcoins trade mixed

Bitcoin and other crypto tokens were trading mixed on Thursday as s rising interest rates and macroeconomic factors made market sentiments jittery. US Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto in congressional testimony on Wednesday. Bitcoin Cash (BCH) is a decentralized cryptocurrency designed as a peer-to-peer electronic cash … Read more

Blockstream Is Betting on Bitcoin Comeback as It Hoards Crypto Mining Rigs

Blockstream Is Betting on Bitcoin Comeback as It Hoards Crypto Mining Rigs

Bitcoin developer Blockstream Corp. is betting that the world’s most valuable cryptocurrency is poised for a massive rebound, and is buying up Bitcoin mining rigs so that it can sell them for a profit later should the prediction hold. Montreal-based Blockstream was one of the earliest Bitcoin infrastructure companies, conceived in 2014 by CEO and … Read more

Crypto Price Today: Bitcoin holds $29,000; Ethereum below $1,850; Litecoin cracks 6%

Crypto Price Today: Bitcoin holds $29,000; Ethereum below $1,850; Litecoin cracks 6%

Bitcoin and other top crypto tokens were trading lower on Thursday as the recovery of the previous day fizzled out shortly. However, Bitcoin remained range-bound, but the pain in altcoin was more intense. Crypto traders awaited the uncertain decision of the US Securities and Exchange Commission (SEC) over the approval of spot bitcoin ETF applications. … Read more