U.S. President Donald Trump will deliver remarks at the Digital Asset Summit in New York on Thursday, days after White House signaled interest in stockpiling Bitcoin. President Donald Trump is set to address the Digital Asset Summit in New York City on Thursday, March 20, marking the first time a sitting U.S. president has spoken…
Bitcoin is unlikely to revisit the $77,000 price level anytime soon after the Fed signaled a slowdown in quantitative tightening (QT), says BitMEX co-founder Arthur Hayes. On March 10, Bitcoin (BTC) dipped near the $77,000 level for the first time since November, according to CoinMarketCap data. “Was BTC $77k the bottom, prob,” Hayes said in…
Bitcoin is often criticized for its high energy use, which contributes to planet-warming pollution. However, as The Crypto Times reported, one climate tech investor wants to get the word out that bitcoin derives the biggest share of its energy from a potentially unexpected source: hydroelectric power. Daniel Batten’s findings show that the bitcoin network gets…
Bitcoin (BTC) inched toward $86,000 while XRP jumped 10% to lead gains among majors as crypto markets staged a broader recovery in the past 24 hours. BTC rose in early Asian hours on Thursday following the Wednesday Federal Open Market Committee (FOMC) meeting, where the Fed kept rates intact but lowered growth outlooks until 2027.…
Bitcoin (BTC) punters are looking at topside options bets in a bullish shift in price expectations after the Federal Reserve’s (Fed) meeting, but ether (ETH) continues to lag sentiment. As of writing, BTC’s short-term and long-term risk reversals, which show the implied volatility premium (demand) for bullish bets or calls versus puts, were positive, implying…
Following Wednesday’s FOMC meeting, the Bitcoin price surged by over 3.1%. This was despite the fact that the Federal Reserve kept the rates unchanged at 4.5%. However, according to Arthur Hayes, the rate cut may be coming in April, which could lead to BTC price rallying. The news comes after the recent tweet by Arthur…
BlackRock’s head of digital assets, Robbie Mitchnick, says that Bitcoin will most likely thrive in a recessionary macro environment, contrary to what some analysts may think. “I don’t know if we’ll have a recession or not, but a recession would be a big catalyst for Bitcoin,” Mitchnick said in a March 19 interview with Yahoo…
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Can we expect a massive accumulation of Bitcoin during the presidency of US President Donald Trump? If we base it on the recent statements of Bo Hines, Trump’s pick to head its Digital Assets section, the industry will soon see an aggressive investment strategy from the US government. Hines shared the department’s plan during a…
Bitcoin price rose 4% to hit a 10-day peak of $85,900 on Wednesday as the Federal Reserve’s rate pause decision aligned with market expectations. IntoTheBlock’s on-chain chart shows that BTC large transactions increased by $13 billion since the start of the week. Bitcoin ETFs saw over $500 million inflows in the three days leading up…