News about Cryptocurrencies
Daily altcoin turnover on Binance has collapsed 80% from its peak to $7.7 billion, signaling waning investor interest, a Darkfost analyst said.
After the Fed kept the key rate in the range of 3.5-3.75% on March 18, the price of the first cryptocurrency fell below the $70,000 mark. Leading altcoins fell in price by 4-7% per day.
The U.S. Securities and Exchange Commission (SEC), in conjunction with the agency that oversees the commodities markets, has published informal guidelines it will use to classify cryptocurrency securities.
Robert Kiyosaki, author of the personal finance book “Rich Dad, Poor Dad,” has promised his subscribers online X a global economic crisis.
On March 17, the price of the first cryptocurrency rose to $75,900. Last time such levels were observed only in early February.
Major indexes went up on Monday amid a drop in oil prices from highs, the passage of two tankers through the Strait of Hormuz for the first time since the war began and Trump’s announcement that the U.S. is negotiating with Iran.
Exchanges are rapidly moving towards blockchain-based equity trading and 24/7 operations. However, institutional investors are wary of liquidity and funding risks.
Rising oil prices due to the war in Iran will hit bitcoin miners not so much by raising the price of electricity, but by the volatility of the cryptocurrency itself.
The authorities of Kazakhstan intend to accelerate the development of the national crypto industry, combining the creation of a regulated environment for digital assets with public investment in the sector. The plans to form a market development strategy were announced by the country’s President Kasym-Jomart Tokayev, and the leadership of the financial block is already discussing the investment of hundreds of millions of dollars in the crypto-economy.
The war in Iran has shaken the global oil and gas markets. At first glance, the cryptocurrency market was less noticeably affected. But analysts warn: the risks of investing in crypto-assets have increased significantly. And they can manifest themselves in an unexpected way at any moment.
In February, the U.S. consumer price index remained unchanged – at 2.4%. Because of this, the price of the first cryptocurrency yesterday jumped by 2.3% to $71,000.
Many traders expect bitcoin to recover to the $80,000 level between June and September, Derive said.
On March 10, the price of the first cryptocurrency rose above $70,000. The asset recovered from the weekend drop.
Nvidia-backed company Starcloud plans to launch a satellite with ASIC miners on board by the end of the year. This was announced by the CEO of the firm Philip Johnston.
Bitcoin could fall another 30% as the four-year cycle intensifies, an investment firm says.
The rise of the first cryptocurrency above $73,000 is a short-term rebound, not the start of a new bull market. This is the conclusion reached by CryptoQuant analysts.
US President Donald Trump’s son Eric criticized greedy bankers fighting co-stablecoins that benefit ordinary people.
Bitcoin’s rebound to the $70,000 mark (it was trading at $68,000 at midday in Hong Kong) appeared to be driven more by repositioning than conviction, according to market maker Enflux, which said the move mainly reflected the closing of short positions after traders set themselves up for a bear market amid geopolitical news.
Solana Mobile has opened up access to the Solana Mobile Stack (SMS) software platform to third-party Android smartphone manufacturers. The integration will allow native Web3 functionality to be added to any mobile device.
Bitcoin pulled back to $66,700 as traditional markets opened with the first opportunity to react to the weekend’s military escalation, with oil soaring to $77 and Asian stocks falling 1.4 percent.
