1. BTC Market TrendFrom April 29 to May 1, the BTC price swung from $64,726.76 to $56507.69, a 14.55% range. The continuously postponed expectations of interest rate cuts have reduced risk appetite across the financial market, which is the main reason for Bitcoin’s recent price plunge over the past

The outcome of the Federal Reserve minutes on May 1st, the resilience of Bitcoin miners, and the rising demand for stablecoins in China might indicate that BTC has reached its bottom.Source: supergirisnow.comBetween April 30 and May 1, Bitcoin experienced a crash, with its price dropping by 11.5% to

Hong Kong Bitcoin and Ether ETFs Garner Over $200M on Launch DayOn their debut day of April 30, Hong Kong's spot Bitcoin and Ether ETFs amassed over $200 million in total assets. However, this sum is significantly less than their U.S. counterparts, which saw spot Bitcoin ETFs attract nearly $4 billi

Economist and well-known gold advocate Peter Schiff has recently declared that Bitcoin is in a bear market, despite rising interest in spot bitcoin exchange-traded funds (ETFs). He also warned that stagflation is not just a looming threat but a current reality in the U.S. economy. Schiff shared thes

Despite subdued anticipation for the new ETF products, an executive from one of the issuers reportedly anticipates that the inaugural issuance of the Hong Kong offerings will surpass the U.S. debut in January.Source: www.kriptoarena.comCryptocurrency markets experienced a broad decline, with Bitcoin

A recent report by global financial institution Citi has identified Brazil as the leader in digital money initiatives within Latin America, surpassing other countries like Argentina, Chile, Mexico, and Colombia. The report highlights a blend of factors in Brazil that facilitate the adoption of digit

Bankruptcy Judge Approves $450M Settlement Between FTX and VoyagerOn April 29, Judge John Dorsey of the U.S. Bankruptcy Court in Delaware approved a settlement between FTX and Voyager Digital. Under the terms of the agreement, FTX will relinquish all rights to $450 million previously claimed by Voya

1. BTC Market TrendFrom April 25 to 28, the BTC price swung from $62,442.42 to $65,192.07, a 4.4% range. Over the past four days, the overall macroeconomic fundamentals have remained predominantly bearish. On April 24, President Biden proposed the highest capital gains tax in over a century for stoc

Apple is actively seeking a major tech partner to enhance its artificial intelligence (AI) capabilities, particularly to upgrade the iPhone’s features to keep pace with competitors. According to reports, Apple has been in deep discussions with OpenAI about integrating generative AI technologies into

As Bitcoin struggles within a tight price range, traders grapple with uncertainty amidst ongoing market dynamics.Source: www.indyturk.comBitcoin attempted a rebound earlier this week but faced strong selling pressure around the $67,000 mark. The leading cryptocurrency, in terms of market capitalizat