It's clear that while the mood has improved compared with last year's apocalyptic vibe, the promising Bitcoin rebound alone won't be enough to fix the damage from last year's scandal-filled downturn
For the past three weeks, Bitcoin was stuck in the range of $26,500 and $29,400
The largest cryptocurrency by market value rose as much as 3.1% to $28,442 on Tuesday, its first session higher in three
Earlier this week, the US Commodity Futures Trading Commission filed a lawsuit against Binance for trading against customers and misusing internal trading channels
Another major development in the crypto world during the week was the US Securities and Exchange Commission's 'Wells notice' to crypto exchange Coinbase
Some analysts argue the token is being viewed as a hedge against the woes in the US and European banking sectors and benefiting from expectations of looser monetary policy
The collapse of several banks in the last two weeks has spread fears of contagion in global markets, but crypto markets saw a bull run, with Bitcoin climbing to its nine-month high on Monday
Cryptocurrency news: According to some experts, however, despite the bull run, the investors must remain cautious
Bitcoin jumped as much as 9.6% to $26,533, its highest since June 2022, in its fourth straight days of gains
SVB crisis: After the SVB was shut down by US regulators on Friday, the crypto market plunged deep into the red, but they had largely recovered by Tuesday
Silvergate has been a go-to bank for the biggest crypto players but has come under fire since the collapse of FTX late last year
The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary
The US inflation, according to data released on Wednesday, continued to fall for the seventh straight month in January to 6.4%
Following the SEC order, the crypto industry saw massive sellout, with Bitcoin falling nearly 4 per cent and Ethereum declining over 5 per cent in the last 24 hours
Volume of bitcoin options traded on Deribit, an exchange for crypto-focused derivatives products, jumped 82% in Jan versus Dec, as per crypto market maker OrBit Markets while Ether options swelled 38%
Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments
Survey said events such as collapse of crypto exchange FTX have put vulnerabilities of the sector in focus
Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing
US Fed will hold its meeting on January 31 and February 1 and announce the policy on February 2
Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin. The No.1 cryptocurrency has clocked a 26% gain in January