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Report: BitFarms Mined 233 Bitcoin & Sold 147 BTC in August
3.9.2024
Amid the rising difficulties in Bitcoin mining, BitFarms reported its August BTC mining and BTC holdings. The report…
Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts
3.9.2024
Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report
Arthur Hayes explains why Fed rate cuts aren't helping Bitcoin
3.9.2024
The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss.
Looser Fed policy, global macro trends point to bullish outlook for Bitcoin — Analysts
2.9.2024
Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar's performance and signs of easing monetary policy, according to ETC Group.
Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction
2.9.2024
On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on Sept. 18. The U.S. federal funds rate is currently...
Government Overspending Puts US in the ‘Fast Lane to Bankruptcy,’ According to Elon Musk
2.9.2024
In recent times, Elon Musk, the owner of X and the CEO and product architect at Tesla, Inc., has been voicing his concerns about inflation. This discussion became especially prominent after he interviewed former U.S. President Donald Trump. Just two days ago, Musk took to X, declaring that...
80-year-olds making crypto withdrawals will ‘get a call,’ says crypto exec
1.9.2024
Independent Reserve CEO Adrian Przelozny says the exchange has a team that spends all day calling potential scam victims to question their suspicious transactions
Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates
1.9.2024
Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that...
UBS Predicts Further Weakening of US Dollar
31.8.2024
UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief rally, UBS has downgraded the U.S. dollar to its Least Preferred status, while upgrading the euro...
Why is Cardano price down today?
30.8.2024
ADA price is wobbling between gains and losses ahead of Cardano's Chang hard fork
JPMorgan Executive Sees Big Future for India’s CBDC Initiative
30.8.2024
Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain and digital currency unit, highlighted the rapid adoption of blockchain technology in India, particularly after the 2022 launch of the central bank digital currency (CBDC), the e-rupee. He noted that CBDCs represent a significant...
Cryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike
28.8.2024
A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The report highlights the mixed signals in the market following the Fed’s announcement. Analysis Says...
Bitcoin holdings of publicly listed firms increased to $20B in one year: Data
28.8.2024
A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset.
Fed’s ‘sugar high’ may propel Bitcoin surge: Arthur Hayes
28.8.2024
Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from yen carry trade unwinds
Bitcoin Loses Footing as Price Slips Below $62K Threshold
27.8.2024
Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a shake-up, with $20.28 million in bitcoin long positions and $40.29 million in ether longs being liquidated. Crypto Market Stumbles: Bitcoin...
Bitcoin’s Rough September Price History Raises Questions for 2024
27.8.2024
As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years, it has ended the month on a downward trend 72.73%...
The Fed Under Fire: Elizabeth Warren Pushes for Unprecedented Rate Cut
27.8.2024
As the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) gears up for its meeting on Sept. 18, anticipation is building for a rate cut. Market participants are placing their bets, with expectations leaning toward either a 25 basis points (bps) reduction or a 50bps cut. However...
RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach
27.8.2024
The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and the necessity for robust governance. He emphasized the importance of gradual central bank digital currency...
Ethereum's 40-month slump vs. Bitcoin won't end in a dollar 'freefall' scenario
26.8.2024
The positive correlation between the ETH/BTC pair and the US Dollar Index has strengthened ahead of the Federal Reserve’s September rate decision
Ethereum's 40-month slump vs. Bitcoin won't end in a dollar 'freefall' scenario
26.8.2024
The positive correlation between the ETH/BTC pair and the US Dollar Index has strengthened ahead of the Federal Reserve’s September rate decision