Tag: Crypto

Federal Reserve Chair Jerome Powell said the U.S. economy remains strong and even commented on Bitcoin (CRYPTO: BTC) at the New York Times DealBook Summit on Wednesday.  The Details: “The U.S. economy is in very good shape right now. It’s in remarkably good shape, we are sort of the...

Crypto analyst Jacob Canfield has raised the possibility of the Dogecoin price replicating the recent XRP rally. This came as the analyst highlighted similarities between Dogecoin’s recent price action and XRP’s.  Dogecoin Price To Replicate XRP Rally? In an X post, Jacob Canfield suggested that the Dogecoin price could...

On-chain data shows that Bitcoin investors’ profit-taking has observed a huge decline since last month’s top, a sign that could be positive for BTC. Bitcoin Realized Profit To Exchanges Now Down To $277 Million Per Day According to data from the on-chain analytics firm Glassnode, trader profit-taking in the...

Bitcoin mining could be a win-win solution to countries like the United Kingdom that are having problems with their excess output from renewable energy. The executive of a US-based digital asset technology firm suggested that Bitcoin mining could be the best way to eliminate wastage and grid congestion on...

SonarX announced on Wednesday that it has partnered with Amazon.com, Inc.‘s (NASDAQ:AMZN) Amazon Web Services, along with the teams at Base, Arbitrum, Provenance Blockchain, Aptos, and Ripple, to bring its indexed on-chain datasets to AWS’s Open Data program.  The Details: SonarX will provide curated, indexed datasets across multiple blockchains...

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...

With more pressure facing Donald Trump‘s Department of Defense secretary pick Pete Hegseth, the president-elect could turn to a former political foe to fill the role. What Happened: Florida Governor Ron DeSantis — who ran against Trump in the Republican primary for the 2024 election — is a “Plan...

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...

The Bitcoin price has continued on its consolidation path below the $99,000 price level, but investors remained determined to break above six digits. An analysis on the TradingView platform relays this bullish sentiment, with crypto analyst Waslad advising investors to hold onto their BTC. BTC’s Bullish Setup Within A...

Hedera, Stellar, XRP, Algorand and Cardano rallied 250% in 30 days. Is a price correction looming?...