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Nalezeno "r/Bitcoin": 62876

China’s Reduced Physical Gold Demand Cools Prices After May Peak


While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s demand for gold fell in May to its lowest level in four years. Gold Prices Down from Record High, China Physical Consumption Slumps, Analyst...

Fidelity’s Spot Bitcoin ETF sees second largest outflow


Of late, 11 US spot Bitcoin exchange traded funds (ETFs) witnessed net outflows amounting to $226.21, an enormous figure by any count.  In the case of Fidelity’s FBTC, it experienced reaching the figure of $106 million, its second-highest figure, in terms of net outflow. Grayscale mentioned...

Donald Trump Proposes Elimination of US Income Tax, Introduction of Tariffs


U.S. presidential candidate and former 45th President Donald Trump has been proposing the idea of eliminating the country’s income tax and substituting it with tariffs. Trump Discusses Tariff-Based Revenue System With Republican Lawmakers On June 13, Donald Trump met with Republican lawmakers...

Bitcoin backs Congressman’s bill to abolish the Federal Reserve


The Federal Reserve is under the radar – this time it has been ignited by Toman Massie, a US Congressman from Kentucky. He has presented the Federal Reserve Board Abolition Act to remove its economic authority. The move is inspired by a Bitcoin audiobook titled The Bitcoin Standard. Authored...

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