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BTCS stock jumps 44% after announcing first-ever dividend payable in Bitcoin
6.1.2022
Bids for the blockchain company's shares rose after announcing first-ever Bitcoin dividends on Nasdaq
Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market
6.1.2022
Ethereum lost roughly 13.50% versus Bitcoin's 9% decline in the past 24 hours
Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too
6.1.2022
Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected.
At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates
5.1.2022
Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control
President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report
5.1.2022
The U.S. president has not officially announced his nominations to fill the vacancies at the Federal Reserve, but two of his picks for CFTC commissioners as well as his choices to lead the Fed are moving to the Senate for confirmation
Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline
5.1.2022
The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon...
Bitcoin’s Price Will Hit $100K by Mid-Year, Nexo Founder Predicts
5.1.2022
The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni...
3 reasons why Ethereum can reach $5,000 in Q1
4.1.2022
A mix of technical, macroeconomic, and on-chain indicators point toward a price rally in the Ethereum market this quarter
New year, same 'extreme fear' — 5 things to watch in Bitcoin this week
3.1.2022
Could Bitcoin be any less interesting for the average hodler? The remarkable split between BTC price action and network fundamentals continues into 2022
Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials
3.1.2022
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has become the new gold for the millennials. Finance Professor on Bitcoin and Inflation Wharton’s...
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
29.12.2021
But concerns remain that the cryptocurrency would fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve's increasingly hawkish tones
Bitcoin rises above $51K as the dollar flexes muscles against the euro
27.12.2021
Bitcoin regained its bullish bias after reclaiming $50,000 ahead of the yearly close, even its safe-haven rival, the U.S dollar, signaled continued upside strength in the coming sessions
What is the Fed taper? This Is How the Federal Reserve Withdraws Stimulus
26.12.2021
Edouard Wemy, Assistant Professor of Economics, Clark University._____
Tapering refers to the Federal Reserve (Fed) policy of unwinding the massive purchases of Treasury bonds and mortgage-backed securities it’s been making to shore up the economy during the pandemic.
The unconventional...
Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners
25.12.2021
The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia...
FBI Collaborates With Citibank, Sony, Japanese Authorities to Seize $180 Million in Bitcoin
23.12.2021
The Federal Bureau of Investigation (FBI), in collaboration with Citibank, Sony, and Japanese law enforcement, has taken action to “return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation.” The U.S. Department...
Inflation Is the Biggest Test Yet for Central Bank Independence
19.12.2021
Anton Muscatelli, Principal and Vice-Chancellor, University of Glasgow.
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Central banks are being tested by the recent resurgence in inflation, with the US recently reporting an annual rate of inflation of 6.8%, the highest in nearly 40 years. The question they are all asking is whether...
Crypto Biz: All I want for Christmas is Bitcoin, Dec. 9–16
16.12.2021
As the Federal Reserve keeps inflating asset bubbles this holiday season, gifting your loved ones some BTC doesn’t sound like a bad idea
Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
16.12.2021
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset...
Fed Chair Jerome Powell Dismisses Cryptocurrencies as Financial Stability Concern but Warns They’re Risky
16.12.2021
Federal Reserve Chairman Jerome Powell says that he does not see cryptocurrencies as a financial stability concern. However, he noted that they are risky and “there’s big consumer issues for consumers who may or may not understand what they’re getting.” Fed Chair Powell...
Fish food? Data shows retail investors are buying Bitcoin, whales are selling
16.12.2021
The number of Bitcoin addresses holding less than 1 BTC has been rising in the face of a 30% price correction from $69,000