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Bitcoin Up 1% In The Day On Low-Buy
The cryptocurrency market, including Bitcoin(BTC), rose slightly on Mar. 24 amid low-priced buying. Bitcoin and altcoins, which had continued to fall due to U.S. President Trump's recent escalation of tariff wars, have continued to rise slightly since Mar. 20. This is because the U.S. Federal Reserve predicted a rate cut last week, along with predictions that a number of macroeconomic factors that will shake the market have already been announced. Major altcoins rose more than 2% and altcoins with light market capitalization rose more than 10%, including B
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Major News Headlines for Today
1. Expert "Bitcoin Will Rebound After Apr. 15" Cryptocurrency expert Timothy Peterson compared the current decline in Bitcoin(BTC) to the past Bitcoin downtrend pattern through his X account on Mar. 23, claiming that Bitcoin will not fall below $80,000 given the basic adoption rate and graph trend. He said Bitcoin's decline will last about 90 days from the starting point and 30 days later, until April 15 before rebounding. 2. Polymarket Bets 87% on XRP Spot ETF Launch This Year U.S. betting site Polymarket recently predicted
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Bitcoin Falls Again On Uncertainty In Tariff War
Bitcoin(BTC) fell on Mar. 21 due to the uncertainty of the tariff war and the disappearance of good news. This time, Europe responded to the aftermath of the tariff war thrown by U.S. President Trump. Christine Lagarde, president of the European Central Bank(ECB), said at a parliamentary hearing in Brussels, Belgium on the 20th that if the trade war begins in earnest, such as the European Union (EU) taking retaliatory measures against the imposition of U.S. tariffs, the growth rate of the eurozone could fall by up to 0.5 percentage points a
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Major News Headlines for Today
1. Coinbase Becomes Ethereum's Largest Node Operator..."Controlling 11%" CryptoNewswire, a cryptocurrency media outlet, reported on Mar. 20 that Coinbase has become the largest node operator of the Ethereum network. Coinbase has 3.84 million staked Ethereum(ETH), which controls 11.42% of all Ethereum nodes. 2. Tether Ranks Seventh in the World in U.S. Treasury Holdings..."After Singapore and the U.K." On Mar. 20, Tether CEO Paolo Ardoino said on his X account that Tether's holdings of U.S. government bonds reac
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Bitcoin Rebound On Expectaion of U.S. Fed's Two Rate Cuts
Cryptocurrencies including Bitcoin(BTC) rebounded on Mar. 20 on the message from the U.S. Federal Reserve that they could cut interest rates twice within the year. In its monetary policy decision released after the Federal Open Market Committee(FOMC), the Fed announced that it would freeze the benchmark interest rate to 4.25 to 4.50% in March while implementing two rate cuts this year. In particular, the Fed predicted the benchmark interest rate to 3.9% at the end of this year through its economic forecast(SEP) released at the end of the quar
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Major News Headlines for Today
1. Bitcoin Rises on Notice of Fed Rate Cuts Cryptocurrencies including Bitcoin(BTC) rebounded on Mar. 20 on the Federal Reserve's comments to adjust the pace of quantitative tightening. In its monetary policy decision released after the Federal Open Market Committee(FOMC), the Fed announced that it would freeze the benchmark interest rate in March and implement two rate cuts this year. A number of cryptocurrencies have rebounded more than 5 percent, including Bitcoin exceeding $86,000 in the Fed's announcement. 2. U.S. Blockchain A
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Bitcoin Moves Sideways Ahead of Fed Rate Announcement
While the U.S. Federal Reserve(Fed) announced its benchmark interest rate, the cryptocurrency market, including Bitcoin(BTC), went sideways on Mar. 19. The Fed held regular meetings of the Federal Open Market Committee and the Federal Open Market Committee(FOMC) in March to decide monetary policy. The Fed will also release a dot chart showing the results of the meeting and interest rate forecasts at 2 p.m. on Mar. 19(local time). Bitcoin and cryptocurrency markets went sideways ahead of the Fed's interest rate announcement, which wi
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Major News Headlines for Today
1. White House Crypto Council Director "Stablecoin Bill Likely Within Months" Bo Hines, executive director of the cryptocurrency committee, announced that the U.S. stablecoin regulation plan will be finalized within months in line with the government's intention to strengthen the U.S. dollar's dominance. Hines said in a speech at the Digital Assets Summit in New York on Mar. 18 that the integrated stablecoin regulation could be delivered to the president within months. 2. Reuters "A Number of Crypto Companies Seeking to Acquire Bank
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Bitcoin Falls on Wait-And-See Approach Ahead of U.S. FOMC Meeting
The cryptocurrency market, including Bitcoin(BTC), fell on Mar. 18 due to a sense of caution ahead of the U.S. Federal Reserve's announcement of the Federal Open Market Committee(FOMC) benchmark interest rate on Mar. 19. Markets are raising public opinion that the Fed will freeze its key interest rate through a FOMC meeting. After last month's FOMC meeting, a number of key Fed figures, including Fed Chairman Jerome Powell, left comments signaling a rate freeze. Concerns that the market could be engulfed in large volatility
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Major News Headlines for Today
1. Ripple Applies for Custody Wallet Trademark..."Expanding Financial Services" Ripple Labs has applied for a trademark for its cryptocurrency custody wallet 'Ripple Custody'. Citing Ripple Labs' application on the 25th of last month, Cointelegraph, a media outlet specializing in cryptocurrency, reported on Mar. 18 that Ripple Labs classified the purpose of Ripple Custody as ▲cryptocurrency custody ▲financial service development ▲P2P transaction ▲cryptocurrency transaction. 2. Brazilian Lawmaker Submits Bitcoin Payroll Bill..."U
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Bitcoin Slightly Drops On Wary Ahead Of Major Event
Cryptocurrencies including Bitcoin(BTC) fell slightly on Mar. 17 as the U.S. Federal Reserve's announcement of the Federal Open Market Committee(FOMC) benchmark interest rate approached this week. On Mar. 19, the Fed will hold a FOMC meeting to announce its benchmark interest rate. The prevailing public opinion in the market is that the Fed will freeze interest rates this month over the comments left by the Fed after the FOMC meeting last month. As a result, cryptocurrency fell weakly as the analysis that the market would fall s
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Major News Headlines for Today
1. Whale Bets $368 Million on Bitcoin Fall Ahead of FOMC Meeting Bitcoin(BTC) whales bet on the decline of Bitcoin on Mar. 16 while the Federal Open Market Committee(FOMC) of the U.S. Federal Reserve(Fed) held a meeting on Mar. 16 and announced its decision on the benchmark interest rate. According to data from the on-chain transaction tracker Hyperscan, the Bitcoin whale, which holds a large amount of Bitcoin Bitcoin, bet 4,442 Bitcoin in a 40-fold short(fall) position. Bitcoin whales bet on a short position costs abo