Leading crypto Bitcoin climbed to $27K Friday, extending its 2023 bullish run amid intensified talks of a $100K price level.
The Messari CEO said firms may choose to use Bitcoin as the exit plan.
As the Fed intervenes in order to prevent a crisis in the US banking system, analysts answer whether the Fed has chosen to pivot from its quantitative tightening measures.
Students who finish the course will be given several options for continuing the Bitcoin journey, including the variant to start a full-time job at a renowned Bitcoin firm.
Marathon Digital has also revealed the nature of its exposure to the now-defunct crypto-focused Silvergate Bank.
Some analysts recently weighed in on Bitcoin price prediction as the prominent token appears set to embark on another rally.
High-impact news, including the CPI release and the US banking crisis, significantly contributed to Bitcoin price topping $26K.
Bitcoin hit an upswing ahead of the Fed’s inflation-focused meeting on March 22nd to decide rate hikes.
BTC price is 8% up in the past 24 hours and is trading at around $24,000.
The Fed and the FDIC have assured depositors that they could withdraw money from Silicon Valley Bank thereby instilling some confidence among crypto investors.
Along with the Silvergate contagion, the negative sentiment on Wall Street has contributed further to a steep correction in the crypto market.
The proposed NUSD stablecoin won’t depend on any USD reserves. Instead, it will solely depend on derivatives exchanges that list liquid inverse perpetual swaps, Hayes said.
TeraWulf is currently on an aggressive expansion and is planning to have a total operational capacity of 50,000 miners (5.5 EH/s) in early Q2 2023, which is nearly 160MW of power demand.
World-leading cryptocurrency miner Argo Blockchain recorded increased Bitcoin production despite the rise in network difficulty.
Yuga Labs has confirmed that the top 288 bidders will receive their inscriptions within the week.