Tag: Bitcoin Market
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Ramil Palafox Faces $198M Crypto Fraud Allegations
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The US Securities and Exchange Commission (SEC) has accused Ramil Palafox, founder of PGI Global, of orchestrating a $198 million crypto fraud scheme. Lavish spending, false promises, and widespread investor losses are at the centre of the scandal that unfolded between 2020 and 2021. Fraudulent Scheme Behind PGI Global According to the SEC, PGI Global…
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Bitcoin Nears $90K: Will Bulls Break Through?
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Bitcoin’s rally to $89,000 has reignited market optimism, but stiff resistance at $90,000 poses a challenge for the cryptocurrency’s upward momentum. Analysts highlight key price levels and market behaviour that will determine the next move. Bitcoin Rallies to $89K, Faces Resistance Bitcoin surged past $89,000 on April 22, reaching its highest level since early March.…
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Crypto Highlights Today: Bitcoin Payments, DeFi in Yemen, and Trump vs. Powell
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The cryptocurrency world continues to evolve, from expanding Bitcoin adoption in Switzerland to the increasing reliance on DeFi in Yemen amid sanctions, and political drama surrounding the US Federal Reserve. Here’s what made headlines today: Spar in Switzerland Accepts Bitcoin Payments A Spar supermarket in Zug, Switzerland, has become a pioneer by accepting Bitcoin payments…
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Bitcoin’s Path to $1.8M by 2035: Analyst’s Bold Prediction
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Despite recent price fluctuations and global trade tensions, Bitcoin remains on track for a monumental rise to $1.8 million by 2035, according to market analyst Joe Burnett. The long-term outlook for the cryptocurrency giant continues to inspire confidence among industry leaders and investors. The $1.8M Forecast: Models and Momentum Joe Burnett, director of market research…
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Bitcoin Faces $500M Liquidation: Market Chaos Unfolds
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The cryptocurrency market experienced a turbulent week as Bitcoin’s price plummeted from $83,000 to $74,000. This sharp drop triggered the largest Bitcoin liquidation event of the ongoing bull market, with over 7,500 BTC worth more than $500 million liquidated across major exchanges. Investors are left questioning the market’s stability as analysts urge caution during these…
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Bitcoin 2025: A Powerhouse of Crypto Visionaries in Las Vegas
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Bitcoin 2025, the much-anticipated global crypto event, is set to electrify Las Vegas from May 27-29, bringing together some of the most influential voices in the industry. This year’s event promises to deliver powerful discussions on Bitcoin’s future, featuring high-profile speakers and game-changing insights. David Sacks Joins the Spotlight The inclusion of Crypto Czar David…
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Freedx Secures Key DASP License in El Salvador
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Dubai, UAE/ San Salvador, El Salvador, Freedx, a centralized exchange built for crypto newcomers and experienced traders alike, has been granted a Digital Asset Service Provider (DASP) license by the Comisión Nacional de Activos Digitales (CNAD) in El Salvador. This marks a significant milestone for Freedx that showcases the exchange’s commitment to become a trusted, compliant and…
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Bitcoin Stays Strong as Stocks Bleed $5T in Trump Tariff Fallout
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Amid the largest stock market plunge in history, Bitcoin is proving its mettle. As the S&P 500 lost $5 trillion in just two days following former President Donald Trump’s tariff announcement, Bitcoin dipped only 3.7%, signalling a potential shift in how investors view the leading cryptocurrency. Tariffs Trigger Market Turmoil The sell-off was sparked by…
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Bitcoin Holds Ground as Markets Dive on Tariffs and Jobs Data
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Bitcoin (BTC) is showing faint signs of resilience as traditional markets react sharply to fresh U.S. employment data and escalating trade tensions. While stocks tumbled following former President Donald Trump’s tariff announcements, BTC managed to stay steady around $82,600, hinting at a potential shift in its market behaviour. U.S. Jobs Growth Surpasses Expectations The U.S.…
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Bitcoin Nears $80K but Faces Market ‘Turning Point’
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Bitcoin (BTC) continues to hover near $80,000, but analysts warn that a key shift could be on the horizon. Recent market turbulence, triggered by Trump’s tariff announcement, has seen BTC drop over 5%, reigniting debates over its status as “digital gold.” Meanwhile, traditional gold remains the preferred safe haven for investors, outperforming Bitcoin in uncertain…