The Fed raised the key rate. Bitcoin rises above $22,000
On Wednesday, July 27, the US Federal Reserve System (FRS) raised the key rate range by 75 basis points at once, to 2.25-2.5%. The cryptocurrency market reacted with growth. Recent…
BTC token movement
BTC is used as the native currency on the Bitcoin network. BTC can be used for peer-to-peer payments and store of value on the Bitcoin network. Bitcoin is also used…
What is Bitcoin?
Bitcoin is the world’s first cryptocurrency (decentralized digital currency). This currency is fundamentally different from all previously created electronic currencies and payment systems. It is not tied to any physical…
The head of the Central Bank of the Philippines opposed the ban on cryptocurrencies
Governor of the Central Bank of the Philippines (BSP) Felipe Medalla told Forkast that the agency has no plans to ban digital assets. According to him, now there is little…
Argentina restricts the sale of dollars to cryptocurrency traders
The initiative aims to combat the outflow of capital from the country with the help of cryptocurrencies and the US dollar. The Central Bank of Argentina (BCRA) has restricted crypto…
Taiwan bans the purchase of cryptocurrencies with credit cards
The Taiwan Financial Supervisory Commission (FSC) assigns an explanatory note to banks. It states that banking institutions should not accept turnovers of assets (crypto exchanges) by buyers using bank cards.…
Bitcoin has risen in price by 20% in a week, Ethereum – by almost 50%. The crypto market is trying to grow, but the Fed can prevent this
This week, the crypto market is on a roll: just yesterday, its capitalization grew by $60 billion to $1.06 trillion. Everything grows but in different ways. In a day in…
The capitalization of the cryptocurrency market again exceeded $1 trillion thanks to the growth of Bitcoin and Ethereum
Over the past few days, Bitcoin, Ethereum, and some other digital assets have shown steady growth. Thanks to this, the total capitalization of the cryptocurrency market exceeded $1 trillion for…