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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet


U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...

Bitcoin Wedge Pattern May Lead to New ‘Parabolic Phase’: Analysts


Chart analysts seem to be turning increasingly bullish on bitcoin, as several different approaches all suggest higher bitcoin prices may be right around the corner. Global Macro Investor founder Raoul Paul shared a bitcoin chart along with some encouraging words to all bitcoin holders...

Bitcoin, Altcoin Prices Drop Below USD 10,000 Leaving Analysts Stumped


Bitcoin and altcoin prices have tumbled below the key USD 10,000 mark, with prices plummeting by USD 600 in just half an hour – although optimistic traders say they intend to “buy the dip.” Prices had been steadily fluctuating above the USD 10,200 mark on the evening of August 28. But just before...

Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree


In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason. Dovey Wan, a founding partner of California-based investment...

Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money


Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same...

Crypto Analyst Predicts Bitcoin May Hit $15K to $20K in Few Weeks


If we believe the biggest cryptocurrency analyst of YouTube, Bitcoin (BTC) will possibly hit the mark of $15,000 to $20,000 in the upcoming weeks. Nicholas Merten has talked elaborately about the Bitcoin bullish trend he sees approaching in the new DataDash episode. As per Merten, BTC may hit...

Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices


A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...

New Bitcoin Cash Specs Propose Heightened Privacy and Double-Spend Proofs


Bitcoin Cash (BCH) development continues as software engineers have revealed two distinct concepts that aim to boost the BCH network. Bitcoin Cash developer Tom Zander has announced new documentation concerning the vision of a double-spend proofs, which now exists as a pull request to...

Market Outlook: Crypto Bulls Rally After Bearish Downturn


Since July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-to-bearish trend. BTC and a slew of other...

Bitcoin (BTC) Continues Its Rally As Crypto Market Surge Unabatedly


Bitcoin (BTC) is back in the groove. After reaching an abnormally high value of approximately $20,000 in December 2017, the downfall of this largest cryptocurrency by market capitalization started in year that followed. In fact, the year 2018 proved disastrous not only for Bitcoin but also for...

US Fed Policies Might Help Bitcoin (BTC) To Reach New High


Some of the recent economic situations around the world are proving to be beneficial for Bitcoin. Prominent among these phenomena is the announcement by the chairman of US Federal Reserve, Jerome Powell, who indicated on June 19 that Fed would be maintaining interest rate in the target range...

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