Bitcoin hits new ATH as Fed cuts interest rates by 25 bps
Bitcoin spiked to a new all-time high above $76,600 on Thursday amid bullish sentiment around Donald Trump’s election victory. The Federal Reserve’s decision to cut interest rates by 25 basis points and indicate further tightening also buoyed markets. Analysts say the influx of ‘cheap capital’ could strengthen the bull market. Bitcoin rose for the third […]
River introduces Bitcoin interest on cash deposits feature
River has announced a new feature dubbed, ‘Bitcoin Interest on Cash’ The product allows customers to get BTC for interest earned on their cash deposits. The US-based platform will offer a 3.8% interest on the cash deposits. User funds are FDIC-insured via its partnership with Lead Bank, the exchange said in a press release. River, […]
Fetch.ai (FET) regains momentum and InQubeta (QUBE) hits $11.3M in presale as AI interest soars
The crypto scene is abuzz following Bitcoin’s (BTC) new all-time high (ATH). This feat was achieved three years after the last Bull Run in 2021. Signaling the start of another bull run—for those still bearish—investor interest has been reignited, with 2024 set to be the year for the bulls. At the same time, Fetch.ai (FET), […]
Nearly $2M raised amid investor interest
Shiba Memu presale is closing in on $2 million mark, with nearly $1.9 million already raised. Interest in the AI-powered crypto meme coin has soared in recent weeks. Early investors into the project could benefit from potential long term gains. Few crypto projects currently boost the amount of attention that Shiba Memu, a new meme […]
Interest in Bitcoin down to two-year low
Key Takeaways Google search data for Bitcoin is at a two-year low Search volume is close to the levels last seen before the crypto boom of 2021 Despite rising prices in 2023, crypto industry continues to suffer from dwindling volumes This trend is backed up when looking at liquidity and trade volume, which have also […]
Bitcoin is rallying due to interest rate forecasts, says Coinjournal’s Dan Ashmore
Key takeaways Bitcoin is trading above the $28k level for the first time since June 2022. Coinjournal’s Dan Ashmore believes that the interest rate forecasts are responsible for the ongoing rally by Bitcoin and other cryptocurrencies. Many in the market still consider the recent banking crisis as the reason why investors are entering the crypto […]
Solana interest grows as price eyes a bullish push after weekly 40% gains
Solana token has gained by almost 40% in a week as network activity surge The weekly gains have been inspired by the Bonk token airdrop SOL faces resistance at $14 Solana (SOL/USD) is making a strong return after a difficult spell in 2022. Frequent hacks, FTX collapse, and a prolonged crypto winter are some of […]
Bitcoin is among top 10 assets per investor interest in 2022
Bitcoin sits 8th on Yahoo Finance’s list of top quotes as measured by total page views in 2022. According to the platform, BTC/USD has accumulated more than 157 million quote views, with Tesla topping the list. Ethereum ranks 25th while the Coinbase (COIN) stock currently sits in 30th spot. Cryptocurrencies have remained deep within an […]
Bitcoin retreats below $18k as Fed raises interest rate to a 15-year high
Bitcoin has dropped below the $18k once again following its rally earlier this week. The Federal Reserve raised interest rates by half a point a few hours ago. The total crypto market cap continues to stay above $800 billion. Federal Reserve raises interest rate once again The Federal Reserve announced on Wednesday that it had […]