Bitcoin’s market value has surged past $28,000 due to BlackRock and Fidelity Investments’ applications for spot BTC ETFs, generating investor enthusiasm and hopes of a potential price recovery.
A Bitcoin whale transferred 50 BTC, worth over $1.2 million, that had been inactive for 13 years after being mined in 2010.
Bitcoin experienced a decline of over 10% as the Federal Reserve declared its intention to discontinue its rate hike cycle, leading to significant disruption in financial markets.
Celsius, a bankrupt cryptocurrency lender, has filed a reorganization plan after its acquisition by the Fahrenheit crypto consortium and is awaiting approval from a New York bankruptcy court.
BlackRock has applied for permission from the SEC to launch the iShares Bitcoin Trust, a spot bitcoin ETF that would provide investors with easy access to cryptocurrency through a product from one of Wall Street’s largest firms.
Bitcoin’s value has dropped below $25,000, which it hasn’t done in three months, due to indications from the Federal Reserve about possible interest rate hikes.
The value of USDT stablecoins dropped below $1 as millions of dollars worth of USDT were sold off on Uniswap and Curve pools, causing concern among traders.
Bitcoin’s price has dropped below $25,000 for the first time since March 17 due to a hawkish Federal Reserve announcement and a turbulent week for the cryptocurrency industry.
Apple threatens to remove Damus from the App Store within two weeks if it does not remove its Bitcoin payment feature “Zaps,” as it violates the company’s in-app purchase guidelines.
Bitcoin games are a lucrative way to earn free Bitcoin, as they offer enjoyable methods to generate income using a digital currency that can be utilized for online purchases or traded as an investment asset.
