BTC Financial News

As blue-chip crypto markets remain stuck within familiar ranges, with bitcoin (BTC) in the low $29,000s and ether (ETH) in the mid-$1,800s ahead of a week lacked with key US economic data releases, things are heating up in the meme coin market.

Cryptocurrency exchanges including BTC Markets, Kraken, Swyftx and Coinbase are keen on Australia introducing regulation for the controversial crypto space, to protect investors and help rebuild trust in an industry badly damaged by FTX’s implosion last year.

The price of Bitcoin SV (BSV) has risen by 11% in the past 24 hours, with its jump to $39.83 making it one of the best-performing top-100 coins in the market today.

Income tax returns (ITRs) were also modified accordingly, and the current tax filings will be the first instance when income from transfer of VDAs will be captured separately. This has thrown up various questions and left stakeholders looking for answers.

The bitcoin price is holding above $29k as progress stalls, but the new ‘Bitcoin on Ethereum’ crypto BTC20 surges to $5 million, with its presale set to sell out in hours.

Bitcoin is currently trading at $29,436, experiencing a slight increase of nearly 0.50% on Saturday. 

A major near-term bounce in the bitcoin (BTC) price could be right around the corner.

The live Bitcoin price today is $29,312, with a 24-hour trading volume of $11.3 billion. Bitcoin is up nearly 1% in the last 24 hours. 

Blue chip cryptocurrencies remain marooned within recent intra-day ranges, with bitcoin (BTC) stuck in the low $29,000s and ether (ETH) in the mid-$1,800s.

With under nine months to go until bitcoin (BTC)’s next halving event, excitement is growing about a potential rally to fresh all-time highs.

In the dynamic world of cryptocurrencies, the price of Bitcoin stands at $29,270, registering a decline of nearly 1% on Friday. 

The cryptocurrency market is always on the lookout for the best crypto to invest in and promising projects to diversify portfolios. Amid the recent decline in Ethereum's price, one project that has caught the attention of retail investors is Borroe ($ROE).

Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data.

Amid the release of US GDP growth data, the Bitcoin price is being closely observed, raising questions about the possibility of a recession. 

Major blue chip cryptocurrencies for the most part remain within this week’s ranges, with bitcoin (BTC) in the low $29,000s and ether (ETH) in the mid-$1,800s, as traders continue to digest Wednesday’s Fed policy announcement.

The next crypto to explode, BTC20, rivals Pepe coin and bitcoin in Google Trends search terms data, and for many geographies is outperforming both of them as it blasts past $3.4 million in its presale.

The Solana price has bounced by as much as 8% today, with its rise to $25.29 coming after the Federal Reserve pushed its base rate up by another 0.25% yesterday.

Bitcoin's current trading price is 29,464, indicating a slight 0.50% increase on Thursday. 

cryptocurrency markets were majorly trading higher on Thursday after the US Federal Reserve stuck to script with a 25 basis-point rate hike. The Fed as anticipated lifted its benchmark lending rate to a range between 5.25% and 5.5%, with Chair Jerome Powell saying during a press conference that the central bank would let data determine whether to hike again. Bitcoin (BTC) surged 0.67% to $29,429, whereas Ethereum (ETH) was above the 1,850 level. BTC volume in the last 24 hours stood at approximately $12.96 billion, rising 20.32% in the last 24 hours. «After the US Federal Reserve raised its interest rates by 25 basis points, as expected by the market, there was a mild uptick in most cryptocurrencies. Bitcoin, which had previously dipped to a low of US$29,097 on Tuesday, has now shown signs of recovery, surpassing the US$29,400 level,» Edul Patel, Co-founder and CEO at Mudrex, said.

As broadly expected by market participants, the US Federal Reserve just lifted interest rates by 25 bps, taking them to their highest level in 22 years at 5.25-5.5%.

Blue chip cryptocurrencies are going sideways as investors await the US Federal Reserve’s upcoming policy announcement, with a 25 bps rate hike to 5.25-5.5% widely expected by market participants.