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Showing posts with the label Bitcoin recovery

Crypto Prices Show Signs of Recovery With Bitcoin Above $84k Amid Trump's Summit Plans

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The rebound comes amid a planned crypto summit hosted by Donald Trump and BlackRock’s inclusion of bitcoin in its model portfolios. What to know: Bitcoin’s price has risen above $84,400, while the broader CoinDesk 20 Index rose more than 1.5% in a day. U.S. President Donald Trump will host a crypto summit   on March 7, featuring prominent figures from the industry BlackRock has added its spot bitcoin ETF to one of its model portfolios. The cryptocurrency market is showing initial signs of recovery from its  worst month in three years  after the price of bitcoin (BTC) plunged to $78,000 in a week that saw the space’s total market capitalization drop by over $400 billion. The dip in prices saw the  Crypto Fear & Greed Index  plunge to 10, a level that hadn’t been seen since the 2022 bear market. However, it has since recovered to 20 while still being in the “extreme fear” range. Bitcoin’s price has now risen more than 3% in the last 24-hour period to now trade...

Cryptocurrency Transactions: How To Deal with Chargeback Issues

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Chargeback is a huge problem for cryptocurrency exchanges and trading platforms Virtually, all platforms dealing with cryptocurrencies have had to face chargeback issues. With the growing number of crypto users and merchants accepting payments in crypto, the chargeback problem has only increased. It might come across as shocking, but cryptocurrencies have a higher rate of chargeback than eCommerce platforms . In a conventional crypto purchase, chargebacks are not applicable. However, the problem is with modern crypto platforms that offer cryptos against the credit card or wallet payments. It is one of the major issues that crypto exchanges and firms have to deal with as crypto adoption increases. Cryptocurrency transactions: How to deal with chargeback issues Before we get into dealing with chargeback issues, there are some important concepts we need to understand. We will be going through how chargeback works, why it is in place, and how crypto firms can deal with it. Without wasting ...