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Bitcoin is risky digital 'copper', it’s not gold — Goldman Sachs commodities boss
2.6.2021
Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation
2 Bitcoin price indicators suggest BTC has not bottomed yet
30.5.2021
Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious
Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin
29.5.2021
On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket of crypto assets like ethereum, but he doesn’t hold bitcoin....
For the long haul? When Bitcoin nosedived, institutions held fast
28.5.2021
Institutional investors know crypto assets are volatile: “They’re making a generational bet and are not deterred by a few weeks of volatility.”
BOJ’s Kuroda Criticizes Bitcoin — Central Bank Governor Says Trading Is ‘Barley Used for Settlement’
28.5.2021
Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BOJ’s Kuroda Says Bitcoin ‘Volatility...
Bitcoin tumbles to $36K as ARK's Cathie Wood addresses BTC regulatory fears
28.5.2021
The flagship cryptocurrency faces a higher profit-taking sentiment near its 200-day simple moving average wave
A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption
28.5.2021
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers...
White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation
27.5.2021
On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less...
Billionaire Carl Icahn says he may drop up to $1.5B into crypto
27.5.2021
Billionaire Carl Icahn may invest up to $1.5 billion into crypto while noting that “much of the cryptocurrency issued today will not survive.”
Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’
26.5.2021
Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his anti-crypto rhetoric up a notch. Speaking at a meeting with lawmakers in London, Bailey stated that cryptocurrencies are “dangerous.” Andrew Bailey Remains...
Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot
24.5.2021
Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for...
Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense Live
21.5.2021
As cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province....
Inflation winds stiffen as Bitcoin ballast on balance sheets proves its value
16.5.2021
Firms with iconoclastic leaders, like Musk and Dorsey, “would be the most likely to take the plunge” and commit sizable cash balances to crypto
Why The Inflation Rate Doesn’t Tell The Whole Story
16.5.2021
Richard S. Warr, Professor of Finance, North Carolina State University.
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Markets, economists and policymakers have been fretting about inflation for months, worried that the trillions of dollars being spent in recent and future government stimulus programs could overheat the economy...
Bitcoin Cash Argentina Runs Flipstarter to Boost Adoption in the Country
13.5.2021
Bitcoin Cash Argentina, a nonprofit organization whose objective is to promote the use of Bitcoin Cash, has started a flipstarter campaign that seeks to raise funds to explain the use cases of this cryptocurrency in the country and boost its adoption. Argentina’s economy has been severely...
Bitcoin, altcoins and stocks drop as inflation fears impact investor confidence
13.5.2021
Rising fears of inflation and big government spending rocked equities markets and possibly had a knock-on effect on Bitcoin and altcoin prices
Inflation Stings, Bitcoin Racing Car, Digital Dolar + More News
12.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Economics news
US inflation is rising more than expected—in April alone, it grew by the most since 2009, amid rising concerns about...
Litecoin price hits $400 all-time high but LTC rally at risk of overheating
10.5.2021
Litecoin price achieves $400 amid an overall crypto market boom
Crypto Derivatives Exchange FTX Starts Offering Lumber Futures Amidst Commodities Price Boom
7.5.2021
FTX, one of the largest derivatives exchanges, has started to offer lumber-based futures markets for its customers, given the recent interest in speculating on commodities prices. Lumber has been one of the key commodities that have skyrocketed in price during these last months, affecting...
Venture Capitalist Proposes a Single Decentralized Crypto as a Solution to Boost Africa’s Inter-Regional Trade
6.5.2021
South African venture capitalist, Michael Jordaan, recently suggested that a single decentralized cryptocurrency may be the solution that brings great benefits to inter-regional trade and investment in Africa. According to Jordaan, who is also the former CEO of one of South Africa’s leading...