Crypto News

Michigan has recently entered the spotlight in the world of cryptocurrency with the introduction of HB 4087 on February 13th. This bill, proposed by Representatives Bryan Posthumus and Ron Robinson, seeks to establish a strategic Bitcoin reserve as part of the state’s Management and Budget Act. The move by Michigan to create a Bitcoin reserve…

The National Bank of Canada Takes a Cautious Stance on Bitcoin An Unexpected Move Recently, it was revealed that The National Bank of Canada (BNC), one of the largest financial institutions in the country, has taken a cautious and seemingly bearish stance on bitcoin. This revelation came to light through a filing with the Securities…

The Mysterious Rise of DOT: A Potential Major Boom? The Beginning of Something Big? Have you heard of DOT? No, not polka dots or the Department of Transportation. We’re talking about the digital asset that could be gathering the momentum needed for a major boom in the world of cryptocurrency. What is DOT? DOT, short…

The Recent Inflows of Bitcoin to Exchanges Bitcoin’s Market Behavior According to a recent tweet by IntoTheBlock, Bitcoin, the first and largest cryptocurrency by market capitalization, saw $1.04 billion in net inflows to exchanges this week. This essentially wiped out the three previous weeks of outflows, indicating hesitancy in the market given recent macroeconomic uncertainties….

Bitcoin Price Consolidation Continues Fear and Greed Index Stays Neutral Bitcoin’s price has been consolidating in recent days, with the fear and greed index remaining at a neutral point. This means that investors are not overly optimistic or pessimistic about the market, leading to a period of stability in prices. Additionally, the Z score of…

Welcome to the Crypto Rollercoaster Well folks, hold onto your hats because the crypto space is currently on a wild ride. After a severe market crash, we are now seeing a remarkable ascent to new heights. The total market cap of cryptocurrencies has reached a staggering $3.25 trillion, up by 0.89%. It’s like watching a…

Exciting Changes Ahead for Ripple and XRP Big News from Ripple Have you heard the latest news from Ripple? The company has announced a significant rebrand that will align its identity with the Internet of Value. This is a major step for Ripple as it looks to develop a new brand identity in the midst…

Another Volatile Week for Bitcoin Market Fluctuations It was another volatile trading week in the Bitcoin (BTC) market marked by almost equal amounts of losses and gains. According to data from CoinMarketCap, Bitcoin moved between $95,000 – $98,000, forming a strong consolidation zone. This rollercoaster of price fluctuations has become a common sight for Bitcoin…