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Tens of Thousands Show Overwhelming Support for Abolishing the Fed, US Policymaker’s Poll Reveals
16.5.2024
On May 15, Thomas Massie, a Republican member of the United States House of Representatives, posted on X, inquiring whether he should introduce legislation to abolish the U.S. Federal Reserve. The poll garnered over 115,000 votes, with a significant 86% majority opting to “end the Fed.”...
Bitcoin Price Prediction as US Core Inflation Data is Released – Is the Bull Market About to Start?
16.5.2024
Bitcoin surges 7.50% to $66,350 as US CPI data indicates cooling inflation, boosting hopes for a Federal Reserve rate cut.
The post Bitcoin Price Prediction as US Core Inflation Data is Released – Is the Bull Market About to Start? appeared first on Cryptonews
Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+
13.5.2024
Historical Bitcoin performance data and investors' expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound
Bitcoin price shows strength as investors anticipate return of money printing
13.5.2024
Bitcoin rallies as central bank stimulus packages become more common, and the Fed’s signal of “higher for longer” interest rates aligns with investors’ market view
Japanese listed firm adds Bitcoin as reserve asset with 117 BTC
13.5.2024
Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million
Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency
13.5.2024
Onchain bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next decade. During what he describes as “a time to be alive,” Woo anticipates witnessing a purge of central bank corruption. However, one of Woo’s...
Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt Burden
13.5.2024
Metaplanet strategy “unequivocally prioritizes a Bitcoin-first, Bitcoin-only approach” with financial options such as long-dated yen liabilities.
The post Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt Burden appeared first on Cryptonews
Metaplanet Makes Bitcoin a Reserve Asset As Japan’s Debt Mountain Grows
13.5.2024
The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market
Bitcoin Price Prediction as BTC Hits $60k After FED’s Rate Cut Comments – What’s Next?
11.5.2024
As Federal Reserve Governor Michelle Bowman hints at no need for rate cuts, Bitcoin faces resistance near $60k—what will sway its next move?
The post Bitcoin Price Prediction as BTC Hits $60k After FED’s Rate Cut Comments – What’s Next? appeared first on Cryptonews
Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost Innovation
11.5.2024
Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller...
Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K
10.5.2024
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood
Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency
10.5.2024
Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing...
Bitcoin Price Prediction: Dips Below $61,000 Amid Regulatory Scrutiny and Fed’s Hawkish Stance
9.5.2024
Bitcoin struggles to maintain $61,000 as heightened U.S. regulatory scrutiny and a firm Federal Reserve policy stir market volatility.
The post Bitcoin Price Prediction: Dips Below $61,000 Amid Regulatory Scrutiny and Fed’s Hawkish Stance appeared first on Cryptonews
U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
8.5.2024
Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars
India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor
8.5.2024
India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring the digital rupee’s ease of use. RBI Governor...
India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability
7.5.2024
The Reserve Bank of India is reportedly working to expand the use of its Central Bank Digital Currency by actively developing an offline transfer capability.
The post India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability appeared first on Cryptonews
Warren Buffett Sees No Alternative to US Dollar as Reserve Currency — Berkshire Holding $188 Billion in Cash
6.5.2024
Warren Buffett, chairman and CEO of Berkshire Hathaway, asserts that there is currently no viable alternative to the U.S. dollar as the world’s reserve currency, suggesting that U.S. debt will remain acceptable “for a very long time.” Berkshire currently sits on a cash pile...
Arthur Hayes Predicts Bitcoin Price to Rally Back to $70,000 – Here’s Why
3.5.2024
Despite recent dips, Arthur Hayes, ex-BitMEX CEO, predicts a Bitcoin price rebound to $70,000 by August 2024. He believes the Federal Reserve's easing of quantitative tightening will inject liquidity into the market, boosting Bitcoin price gradually. Discover his analysis and the potential impact...
Bitcoin Price Prediction as Market Shows Signs of Revival and BTC Price Reaches $59,992 – Time to Buy?
3.5.2024
Bitcoin breaks its downtrend, surging past $59,000 amid a broader crypto market rally, fueled by favorable Federal Reserve policies and optimistic economic indicators.
The post Bitcoin Price Prediction as Market Shows Signs of Revival and BTC Price Reaches $59,992 – Time to Buy? appeared first...
Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes
3.5.2024
This week’s 12% Bitcoin retreat was a “well-needed market cleansing,” said the former BitMEX boss