Rich Dad Poor Dad author Robert Kiyosaki believes that bitcoin's price is “about to explode” as the Federal Reserve cuts interest rates. He predicted that as interest rates drop, investors should abandon “fake assets” and turn to real ones like bitcoin, gold, and silver.
A group of hackers called the Dark Angels made off with $75 million in BTC after hacking into the systems of drug distributor Cencora. This is the largest cyber ransom ever recorded, according to people who know the details but don't want to be named.
Recent Ethereum price action saw ETH reaching another low of $2,150 on September 6, raising concerns of a more severe drop towards the $2,000 price level. Although these concerns were eased with a subsequent bounce to $2,460 on September 13, Ethereum remains largely in a downtrend, with a triple-bottom price formation now shaping up.
Investors now have more ways to invest in or against MicroStrategy Inc (NASDAQ:MSTR), a software company and Bitcoin (CRYPTO: BTC) holder that has outperformed top stocks, asset types and index funds in recent years. What Happened: REX Shares and Tuttle Capital Management launched two new ETFs Wednesday to give investors more ways to get exposure to MicroStrategy stock with leveraged and inverse ETFs.
Bitcoin's realized cap stands at approximately $461 billion, reflecting only a slight increase of $3 billion or 0.66%. This modest movement suggests that capital inflows into the Bitcoin market have largely paused, leading to questions about what this means for the future of Bitcoin and its price trajectory.
Saylor thinks JPMorgan could provide customers with risk-free yield on their Bitcoin. Saifedean says those banks will end up just like Celsius and BlockFi.
Former US president and Republican presidential nominee Donald Trump becomes the first US president to publicly transact with Bitcoin.
Former U.S. President Donald Trump surprised patrons at PubKey, a cryptocurrency-themed bar in Manhattan, when he conducted a Bitcoin transaction, marking a first for a former or sitting U.S. President.
Bitcoin (BTC) experienced heavy volatility on Sept. 19 following the Fed's FOMC meeting but maintained its position above the $60,000 threshold.
Former US president Donald Trump just made an unscheduled stop at Pubkey, a Bitcoin-themed bar in Manhattan's Greenwich Village, right next to New York University where his son, Barron Trump, just started going to. It was part of his busy campaign schedule before a rally on Long Island.
Hougan describes Ethereum as "the Microsoft of blockchains."
Louisiana has become one of the first U.S. states to accept Bitcoin for government payments, offering residents more flexible options for transactions.
Ethereum's 2024 triple bottom mirrors 2021, with critical resistance and network activity in focus.
Republican presidential candidate Donald Trump made his first purchase using Bitcoin on a cheeseburger.
Pubkey, a Bitcoin bar in New York City, hosted the former US President and 2024 Republican nominee for a campaign stop on Sept. 18.
Former president reportedly bought burgers using bitcoin at the crypto-themed bar.
Bitcoin rallied above the $61,000 price point on Wednesday following the United States Federal Reserve's decision to lower its benchmark interest rates by 50 basis points, marking the first rate cut since 2020 after the world's most important central bank's most aggressive hiking cycle.
Bitcoin is certainly “risky,” but it's not a “risk asset,” the asset manager claims.
In 2024, both BTC and gold outperformed, possibly benefitting from the expectations of easing Federal Reserve interest rates.
Core Scientific, Inc. (NASDAQ:CORZ) shares moved higher Wednesday as markets witnessed the first interest rate cut from the Federal Reserve in four years. The Details: Bitcoin (CRYPTO: BTC) miner Core Scientific's stock has climbed more than 20% over the past five days, as investors anticipated an interest rate cut.
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50-basis-point interest rate cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
ETH price struggles to find reasons to rally after the network's DApp volumes drop and Ether languishes near the $2,250 support.
JPMorgan Chase boss Jamie Dimon has said his bank is one of the "bigger" users of the blockchain—but he still hates Bitcoin.
Bitcoin (BTC) is positioning itself for a potential price surge as market dynamics suggest a boost in liquidity could benefit the leading cryptocurrency. Recent predictions about falling U.S. bank reserves and their impact on the Federal Reserve's policies are generating optimism in the crypto community.
Hemi Labs, the brainchild of former Bitcoin core developer Jeff Garzik, announced on September 18 that it raised $15 million in a funding round to develop its new blockchain network, Hemi.
In this bearish market sentiment, crypto whales have begun showing interest in Ethereum (ETH), the second-biggest cryptocurrency by market cap. On September 18, 2024, the on-chain analytics firm Lookonchain made a post on X (Previously Twitter) stating that a whale who sold 5,690 ETH, worth $13.1 million, yesterday has bought back 5,660 ETH worth $13.
WisdomTree launched an Ethereum-based platform for tokenized real-world assets (RWA) called WisdomTree Connect on Sept. 18. The platform's goal is to allow customers to interact with any WisdomTree-issued token on different blockchains.
As the Ethereum ecosystem continues to evolve, it is crucial to understand how to navigate the decentralized environment. However, a market expert offering insights on the subject has disclosed that Ether (ETH) is the key to exploring the ecosystem, suggesting that holding the altcoin is crucial for those aspiring to get on board.
Ethereum faces liquidity pressure, but bullish indicators and ETF outflows persist.
Popular crypto analyst Benjamin Cowen thinks Ethereum (ETH) is close to bottoming out against Bitcoin (BTC). Cowen tells his 856,500 followers on the social media platform X that he thinks the ETH/BTC ratio will bottom out between 0.03-0.04 BTC and then trend up next year.
A quick look at the so-called "sidechain" Fractal Bitcoin.
The chief investment officer of crypto asset management firm Bitwise says that Ethereum (ETH) appears to be in a period of stagnation after being outpaced by both Bitcoin (BTC) and Solana (SOL).
Global accounting firm KPMG believes that strong custodial practices are key to boosting Bitcoin (BTC) adoption among institutions and businesses. According to its recent report titled “The Importance of Custodians in Bitcoin Adoption and Ownership,” custodians play a crucial role in safeguarding Bitcoin holdings and are vital for the industry's growth.
According to The Longevity Foundation, nascent technologies such as artificial intelligence can also help solve the aging problem.
Bryan Johnson, who once joked his end goal is to “become a vampire,” says there's a curious overlap between the longevity movement and Bitcoin.
Cryptocurrencies are registering an uptick as the market reacts to the Federal Reserve's interest rate cut on September 18. After topping $61.2k on Tuesday, BTC slipped back under $60k as market jitters resumed. However, with the Fed's 50 basis point interest rate decision, Bitcoin is back above $61k.
Bhutan surpasses El Salvador in Bitcoin holdings, highlighting diverse national strategies in the rising trend of global crypto adoption.
Bitcoin (BTC) could be gearing up for a new All-Time High (ATH) this year if it breaks through key resistance levels at $60,000. Despite experiencing substantial volatility and price instability over the past few months, analysts express bullish optimism for the cryptocurrency in the coming months.
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50 basis points cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Tyrone Ross of 401 Financial discusses adoption of crypto ETFs and what Wall Street still needs to learn about the asset class.
The Human Rights Foundation (HRF) announced its round of Bitcoin Development Fund grants. While the grant amount distributed to each awardee was not disclosed, the HRF disclosed that it awarded 1B Satoshi (10BTC) worth over $5990K to 20 projects in Africa, Asia, and Latin America.
The American Federal Reserve (Fed) has just announced a decrease in its interest rates this Wednesday, September 18, marking a major turning point in its monetary policy. This decision, long anticipated by the markets, could have significant repercussions on the crypto ecosystem, particularly Bitcoin.
The Federal Reserve just cut interest rates for the first time since March of 2020, fueling volatility in global markets. The move marks the central bank's shift from fighting inflation to responding to signs of economic slowdown, weakness in the jobs market and other risks to growth.
Asset manager BlackRock sent a 9-page document to its clients on Sept. 18 that portrays Bitcoin (BTC) as a “unique diversifier” for portfolios.
Larry Fink, the founder and Chief Executive Officer (CEO) of BlackRock, the world's largest asset manager, has admitted to being wrong about his previous views on Bitcoin. While reversing his former stance on the pioneer cryptocurrency, the renowned CEO lauded praises for the cryptocurrency, underscoring its incredible growth over the years.
Bitcoin's price printed a new monthly high, tipped by Fed rate cut expectations and whale demand.
In a significant market move, Bitcoin (CRYPTO: BTC) surged past the $61,000 mark after the U.S. Federal Reserve announced a 50 basis point (bps) cut in interest rates, bringing the federal funds rate down to a range of 4.75% to 5%. What Happened: This sharp rise marked a critical point for Bitcoin, which crossed the $61,000 threshold before settling back at $60,400, a modest 0.9% decline from its high.
Bitcoin's price has surged to $61,000 following a significant move by the U.S. Federal Reserve to slash interest rates by 50 basis points. This marks the first interest rate cut in four years, an aggressive start to its first easing campaign. Fed Plans Another Rate Cut by December The U.S.