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The economy is surging — which means it might be time to start buying Bitcoin
11.10.2023
The economy is refusing to go down. If the trend continues, cryptocurrency prices are going to start rising — especially with Bitcoin's halving
Bitcoin price could hit $750K to $1M by 2026 — Arthur Hayes
10.10.2023
BitMEX founder Arthur Hayes expects Bitcoin to be $750,000 by 2026. Here’s how and why
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $28,000 Ahead of Key US Economic Reports
10.10.2023
Bitcoin consolidated recent losses on Tuesday, as focus shifts to Wednesday’s Federal Open Market Committee (FOMC) minutes. Traders will look for guidance from the report, to see the Fed’s stance on the economy, after opting to keep rates unchanged last month. Ethereum remains below...
Zimbabwe turns gold-backed digital token into payment method
10.10.2023
The Reserve Bank of Zimbabwe first introduced its new project, in which every issued digital token would be backed by a physical amount of gold held in the bank’s reserves, in April 2023
Analyst Warns of US Dollar Collapse, Predicts Bitcoin Owners to Benefit
10.10.2023
Global financial services firm Jefferies has warned of “the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of bitcoin.” He explained that the Federal Reserve, and other G7 central banks, “will not be able to exit from...
Exclusive: Reserve Bank of Australia’s Approach Towards Issuing eAUD is “Multifaceted,” Says Canvas Head David Lavecky
9.10.2023
A recent report from the U.S.-based Atlantic Council think tank revealed that a total of 130 countries are now exploring central bank-issued digital currencies (CBDCs). Over half of those are already in advanced development, pilot or launch phases.
However, when it comes to Australia, the process...
Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up
6.10.2023
Bitcoin briefly heads back down to $27,000 thanks to unexpected non-farm payrolls numbers, with BTC price staging a strong recovery
Bitcoin still beating US dollar versus 'eggflation' — Fed data
5.10.2023
Bitcoin is an unlikely choice for egg purchasing, but the amount needed per dozen speaks for itself
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
3.10.2023
An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management
Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
2.10.2023
Silvergate Bank transformed from a community lender to a high-flying crypto bank without its Federal Reserve examiners raising an alarm, according to a report from the Federal Reserve’s Office of Inspector General (OIG), allowing the bank to take risks that would turn fatal
BTC price hits 'Uptober' up 5% — 5 things to know in Bitcoin this week
2.10.2023
BTC price starts the celebrated month of "Uptober" with a trip past $28,000, but the question on everyone's lips is whether Bitcoin can hold its ground
Robert Kiyosaki Expects Bitcoin to ‘Become Priceless’ When the Fed Launches Central Bank Digital Currency
1.10.2023
Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin will “become priceless” when the Federal Reserve launches a central bank digital currency (CBDC). He warned that privacy will be destroyed, emphasizing that “Big Brother will be watching.” The famous author...
August PCE Inflation Data: Federal Reserve's Key Measure Dips, Easing Market Concerns
29.9.2023
According to data released today by the U.S. Burea of Economic Analysis (BEA), the Federal Reserve's preferred metric for inflation, known as the core personal-consumption expenditures (PCE) price index, showed a decrease in August.
The PCE report was released amid growing concerns about...
Bitcoin to $27K next? One-week BTC price highs precede Fed's Powell
28.9.2023
Bitcoin clinches a BTC price boost as the latest U.S. macro data flows in, with all eyes on Powell next
Is Bitcoin price going to crash again?
28.9.2023
Bitcoin is still down 60% from its November 2021 all-time high so many traders are wondering if BTC price could crash further in the coming months
JPMorgan CEO Warns of the Fed Raising Interest Rates to 7% With Stagflation
28.9.2023
JPMorgan Chase CEO Jamie Dimon has expressed concerns about the Federal Reserve potentially raising interest rates to 7% and that the U.S. economy could experience stagflation. “I am not sure if the world is prepared for 7%,” he stressed, adding that there is “a range of outcomes.”...
Tanzanian Central Bank Launches Foreign Exchange Reserves Boosting Gold Buying Scheme
27.9.2023
The Bank of Tanzania said on Sept. 25 that it has kickstarted an initiative that seeks to boost the country’s foreign exchange reserves by buying gold with local currency. The bank said its objective is to acquire six tonnes of gold from miners and traders in 2023 alone. The Tanzanian Gold...
US Fed Reserve Banks State Stablecoins Could Inject Instability in Economy
27.9.2023
The United States Federal Reserve Banks of Boston and New York have published a data-driven report that delves into the potential impact of stablecoins on the broader economic landscape.
In the 49-page report titled "Runs and Flights to Safety: Are Stablecoins the New Money Market," stablecoins...
US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’
26.9.2023
The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings
Bitcoin exchange volume tracks 5-year lows as Fed inspires BTC hodling
26.9.2023
Bitcoin spot exchange trading volumes have disintegrated since March, while BTC price action has gone barely anywhere, research shows