Tag: Crypto

Bitcoin, Ethereum, Dogecoin Recover From Mid-Day Slump, Close Day Strong On Powell’s ‘Digital Gold’ Remarks

Cryptocurrency markets are trading higher on Wednesday, bolstered by Federal Reserve Chair Jerome Powell calling it “digital gold.” Cryptocurrency Price     Gains +/- Bitcoin (CRYPTO: BTC) $97,718 +1.6% Ethereum (CRYPTO: ETH) $3,838 +6.0% Solana (CRYPTO: SOL) $230.86 -3.2% Dogecoin (CRYPTO: DOGE) $0.4222 +2.2% Shiba Inu (CRYPTO: SHIB) $0.00003057   +6.2% Notable...
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Fed Chair Powell: Bitcoin Is ‘Like Gold, It’s Just Virtual And Digital’

Federal Reserve Chair Jerome Powell addressed the perception of Bitcoin (CRYPTO: BTC) at the DealBook Summit on Wednesday, asserting that the cryptocurrency is more akin to gold than the U.S. dollar. “People use Bitcoin as a speculative asset. It’s like gold—it’s just virtual and digital,” Powell said during the...
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DOGE Up 3%, SHIB Up 7%: How High Can Dogecoin, Shiba Inu Go?

Despite price consolidation, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have maintained strong bullish momentum, buoyed by broader market recovery and community enthusiasm. Cryptocurrency Price     Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE)  $0.4158 $61.1 billion  +2.6%  +3.7% Shiba Inu (CRYPTO: SHIB)  $0.00003006 $17.7 billion  +7.2%  +18.7%...
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Bitcoin Long-Term Holders Balances Fall To A New Low As Market Sentiment Shifts

Bitcoin’s price is rising presently, showcasing the potential for further upside growth. However, optimism and confidence in the largest cryptocurrency asset might be gradually decreasing as long-term holders’ balances have fallen sharply in the past few days. Are Long-term Holders Of Bitcoin Losing Faith In The Asset? Recent reports...
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Trump Confirms Paul Atkins As SEC Leader To Drive Pro-Crypto Policies

President-elect Donald Trump is set to nominate former SEC Commissioner Paul Atkins to lead the Securities and Exchange Commission (SEC), reinforcing his commitment to a crypto-friendly administration.  This announcement follows the resignation of current SEC Chair Gary Gensler, whose last day in office will coincide with Trump’s inauguration on...
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