cryptocurrency

Bitcoin spiked higher Wednesday in the countdown to a speech by US Federal Reserve Chair Jerome Powell that may cement expectations for a slower pace of interest-rate hikes in the US. Bitcoin spiked higher Wednesday in the countdown to a speech by Federal Reserve Chair Jerome Powell that may cement expectations for a slower pace of interest-rate hikes in the US. The largest token added as much as 3.7% and was trading at about $17,010 as of 10:41 a.m. in Singapore, the highest level in two weeks. Ether climbed over…

Bitcoin pushed higher alongside other major tokens Tuesday but concerns about contagion from the collapse of FTX continue to loom large. Bitcoin pushed higher alongside other major tokens Tuesday but concerns about contagion from the collapse of FTX continue to loom large.The largest digital coin rose as much as 2% and was trading at about $16,490 as of 7:20 a.m. in London. Second-ranked Ether also posted gains, while meme token Dogecoin surged 10% at one point. bitcoin The crypto lender unraveled in the wake of the…

BlockFi on Tuesday will make its first appearance in U.S. bankruptcy court after filing for Chapter 11 protection on Monday. U.S. cryptocurrency lender BlockFi on Tuesday will make its first appearance in U.S. bankruptcy court after filing for Chapter 11 protection on Monday.BlockFi is expected to tell U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey why it went bankrupt and how it plans to exit from Chapter 11. It has asked Kaplan for authority to continue paying employees, maintain bank accounts, and other…

The cryptocurrency entrepreneurs behind Elon GOAT Token created a sculpture in Musk’s honor. After spending more than $600,000 creating a 30-foot-long, 12,000-pound metal sculpture of Elon Musk headed goat riding a rocket, the cryptocurrency entrepreneurs failed to get the response from the billionaire as they had hoped. Self-described Musk fan Ashley Sansalone, along with a team of enthusiasts including Alec Wolvert and Richie Latimer, created the statue to promote their cryptocurrency, Elon GOAT Token, and…

It is thought the new U.K. government's mini-budget may have made buying a house even more difficult.Photo by LanaStock via Getty ImagesCrypto firm BlockFi on Monday filed for Chapter 11 bankruptcy, two weeks after the collapse of crypto exchange FTX, further complicating taxes for investors during a difficult year.BlockFi, which offers an exchange and an interest-bearing custodial service for cryptocurrency, halted customer withdrawals before the bankruptcy filing, admitting the firm had "significant exposure" to…

Collapsed cryptocurrency exchange FTX remains the subject of "an active and ongoing investigation" by Bahamian authorities… Collapsed cryptocurrency exchange FTX remains the subject of "an active and ongoing investigation" by Bahamian authorities, Bahamian Attorney General Ryan Pinder said on Sunday, as he praised the Bahamas' regulatory regime and swiftness with which it responded to the crisis. FTX, which had been among the world's largest cryptocurrency exchanges, is headquartered in the Bahamas. The firm, whose…

Big Eyes Coin Could be the Next Cryptocurrency to Surge 100x, Joining the Ranks of Ethereum and Shiba Inu by IndustryTrends November 27, 2022 The continuing crypto winter has left its mark, as evidenced by its impact on the cryptocurrency market. Nonetheless, prospects for lucrative investment are emerging due to new partnerships and the introduction of community-driven tokens. In the coming years, the crypto market could be dominated by a new class of digital assets.Big Eyes Coin (BIG), a recently released…

Hundreds of thousands of investors just had billions picked from their collective e-pockets. Yet, crypto remains the untouchable queen in the antiquated marble halls of the US Capitol.Sure, a handful of lawmakers are waving—or at least limply holding—red flags after cryptocurrency exchange FTX imploded earlier this month. Even as hundreds of millions of dollars worth of happiness, retirements, and even basic health care were erased in the blink of a bro’s cunning eye, Congress is cool, calm, and collectively, well, daft.…

This weekend has been bullish, and most coins rallied for the most part of Saturday. Although Sunday morning started with a decline for most big players, some coins, like Bitgert (BRISE) and Centcex (CENX), have been rallying even this morning. However, big coins like Ethereum (ETH) and Polygon (MATIC) tumbled this morning, and their prices are already in the red, though by a small percentage, they have been outperformed by the likes of Bitgert (BRISE) and Centcex (CENX), which are small but mooning coins. Crypto…

Binance, Bitcoin And Big Eyes Coin: Which Is The Best Cryptocurrency To Buy Before The End Of 2022? by IndustryTrends November 27, 2022 The end of 2022 is fast approaching and Binance (BNB), Bitcoin (BTC), and Big Eyes Coin (BIG) are three cryptocurrencies that could help you maximise your profits in the new year.In case you’re not aware, the crypto industry is going through a bit of a rough patch at the moment. Otherwise known as the bear market, the prices of coins seem to be falling off the face of the earth.At the…