Bitcoin Price Drops 3% Amid US Inflation Concerns
BTC Faces Key Support Test as US PCE Data Exceeds Expectations Bitcoin (BTC) experienced a sharp decline on March 28, falling by over 3% as fresh US inflation data came in higher than expected. The cryptocurrency briefly dropped below $84,500, marking its lowest level since March 23. Inflation Data Sparks
Ripple and Chipper Cash Partner to Enhance African Remittances with Crypto-Powered Payments
Ripple joins forces with Chipper Cash for faster, cheaper cross-border transactions Ripple has announced a partnership with Chipper Cash, a leading African payment infrastructure provider, to integrate Ripple Payments into its cross-border transaction system. The collaboration aims to enhance the speed, affordability, and efficiency of remittance services across Africa. According
European Banks Lag Behind Growing Crypto Demand, Survey Finds
A new survey by crypto investment platform Bitpanda has revealed that fewer than 20% of European financial institutions currently offer cryptocurrency services, despite increasing investor interest and regulatory clarity in the region. The survey, which polled 10,000 retail and business investors across 13 European countries, found that over 40% of
XRP Faces Uncertain Future as Key Support Levels Come Under Threat
XRP Bulls Defend $2.40 Amid Market Caution XRP has seen a modest recovery over the past 10 days, rising nearly 7% amid a broader crypto market rebound and the conclusion of Ripple’s long-running legal battle with the US Securities and Exchange Commission (SEC). Despite this, concerns remain over its ability
Bitcoin Could Hit $110K Before Retesting $76.5K, Says Arthur Hayes
Fed’s Liquidity Shift May Drive Bitcoin’s Price Surge Bitcoin is on track to surge past $110,000 before experiencing a pullback to $76,500, according to BitMEX co-founder Arthur Hayes. He attributes this potential rally to the US Federal Reserve’s shift from quantitative tightening (QT) to quantitative easing (QE), which could inject
Today in Crypto: Market Pressure, Tether’s Audit, and Tornado Cash’s Removal from Sanctions List
The cryptocurrency market continues to navigate global economic challenges, with analysts predicting ongoing pressure due to trade wars. Meanwhile, stablecoin issuer Tether is in discussions with a Big Four accounting firm for its first full financial audit, and the US Treasury Department has officially removed crypto mixer Tornado Cash from
Haun Ventures Targets $1B for Crypto Investment Funds, Expects Oversubscription
Venture Capital Firm Plans Two New Funds Amid Changing Market Conditions Venture capital firm Haun Ventures is reportedly aiming to raise $1 billion for two new cryptocurrency investment funds, with expectations of high investor demand. According to sources cited by Fortune Crypto on 21 March, the firm plans to allocate
Bitcoin Price Faces Resistance at $87.5K Due to Whale Manipulation
Bitcoin’s upward momentum is being constrained by large-scale traders, with analysis suggesting price suppression tactics are in play. Bitcoin Stuck Below $90K Amid Liquidity Manipulation Bitcoin (BTC) has maintained its position above $80,000 for over a week, recently reaching a two-week high of $87,500 on March 20. However, despite broader
Here’s What Happened in Crypto Today
Coinbase Becomes Ethereum’s Largest Node Operator Cryptocurrency exchange Coinbase has emerged as the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether, according to its latest performance report. The company revealed that it had staked 3.84 million Ether (ETH), valued at approximately $6.8 billion, through
Crypto Market Surges as Fed Maintains Interest Rates and Hints at Cuts
The cryptocurrency market experienced a strong rebound on March 20, with total market capitalisation rising by approximately 3.2% in the last 24 hours to reach $2.8 trillion. The rally was led by Bitcoin (BTC) and Ether (ETH), which gained around 3% and 4%, respectively. The surge comes amid a broader
