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It has been a down week for the cryptocurrency market. With most cryptos in the red for the week. Can the latest round of stimulus checks in the U.S. prop the price of Bitcoin up?
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Los Angeles (CoinChapter): When U.S. President Joe Biden signed the $1.9 trillion stimulus bill into law earlier this month. Many speculated it would have a positive effect on the price of Bitcoin. As payments of $1,400 were distributed to millions of Americans. However, that hasn't been the case so far. As the price of Bitcoin has yet to breach $60,000. …
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Los Angeles (CoinChapter): The Avanti Financial Group announced that it has raised $37 million in a Series A round. As it inches closer of launching a crypto bank aimed at institutional investors. Avanti stated that it will use the proceeds to fund the required regulatory capital needed for launch. In addition to funding development and other operating expenses. To date …
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New Delhi (CoinChapter.com) — Theta prices dropped by almost 25 percent to $10.35 going into March 25 after traders bought the dip, some respite came to the market, anticipating that the token still has some upside bias left. THETA rose by 31.4% to a high of $13.606. At the time of writing, it was trading near $12.81. This downside move …
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Yerevan (CoinChapter.com) — Cathie Wood's ARK Invest has made some optimistic predictions concerning Bitcoin and sees the prices going as high as $200m000-500,000. As she stated in an interview recently, if all US corporations were to put as much as 5-10 percent of their cash into Bitcoin, the prices would rocket to $200,000. Considering investments from other big corporations worldwide, the …
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Yerevan(CoinChapter): A wave of controversy arose after the Indian government proposed a law enforcing what initially was perceived as a blanket ban on all cryptocurrencies, banning not only all transactions but also declaring that even holding digital assets will be regarded as illegal. This bill, which did NOT become law yet, proposes to criminalize all mining activity, along with holding …
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