Bitcoin Bullishness Persists Despite Fed's Inflation Concerns

Send Timeļ¼š2024-04-19 18:21:08

WazirX, a popular cryptocurrency exchange in India, has been embroiled in a legal spat with Binance, the world's largest cryptocurrency exchange, overEthereum (ETH) has emerged as the top performer among major cryptocurrencies, gaining over 2.5% in the past week despite the recent hike in interest rThe Bitcoin price has been experiencing a choppy upswing in recent weeks, with the cryptocurrency reaching as high as $33,371 in March. However, the cHive, a publicly-traded crypto mining company, has seen its Ethereum mining outperform Bitcoin, resulting in a significant increase in assets. Accordi"AZA Finance, a leading fintech and crypto company, has been making waves in the African market with its innovative solutions and services. With a focLido, the Ethereum staking entity, has surged ahead with a lead of $2,100 at Thursday's market close. This comes as iShares hope to list Coinbase iSha"Cathie Wood, CEO of ARK Investment Management, has been vocal about the potential for bitcoin to act as a hedge against inflation. In a recent interv

Binance, the world's largest cryptocurrency exchange, is facing scrutiny in the UK over regulatory concerns. The exchange has been restricted in the cThe Securities and Exchange Commission (SEC) has delayed the approval of a bitcoin futures exchange-traded fund (ETF), while Grayscale's Bitcoin TrustBinance, the world's largest cryptocurrency exchange, has come under scrutiny from regulators and investors alike as its balance sheet tops $64 billioThe Grayscale Bitcoin Trust (GBTC) has been indicating a potential bearish divergence, with the 14-day RSI reaching 5% and the MACD showing exhaustionThe recent collapse of FTX, a centralized crypto exchange, has raised concerns about the safety and security of investors' assets. The exchange, whichIn the early 2000s, the world witnessed the rise of Bitcoin, a decentralized digital currency that challenged the traditional financial system. HoweveBitcoin has rallied to over $13,000, with ether nearing all-time highs, as the cryptocurrency market continues to gain momentum. The recent surge in b