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Best January since 2013? 5 things to know in Bitcoin this week

30.1.2023
Multi-month BTC price highs keep trickling in, but Fed volatility looms as the FOMC coincides with the Bitcoin monthly candle close

JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review

29.1.2023
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that it views central bank digital currencies (CBDCs) and stablecoins as a “natural...

Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year

28.1.2023
Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return — above gold, real estate, the S&P 500, and the Nasdaq 100. Bitcoin Outshines Other...

Litecoin 'head fake' rally? LTC price technicals hint at 65% crash

27.1.2023
LTC price could drop alongside riskier assets as macro analysts sound a bull trap alarm over this potential "head fake" recovery

Jim Cramer Says Avoid Crypto, Stick With Gold for ‘Real Hedge’ Against Inflation and Economic Chaos

25.1.2023
The host of Mad Money, Jim Cramer, has advised investors to avoid crypto and stick with gold if they “seriously want a real hedge against inflation or economic chaos.” He added that bitcoin is too volatile to use as a currency. “Imagine business owners trying to conduct...

Economist Peter Schiff Explains Why Bitcoin and Gold Are up This Year — ‘They’re Rising for Opposite Reasons’

25.1.2023
Economist and gold bug Peter Schiff has explained why bitcoin and gold are going up this year. “They’re rising for opposite reasons,” he said, claiming that the price of gold is climbing as investors view the metal as a hedge against inflation and a weaker dollar. Peter Schiff...

Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down

23.1.2023
As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian...

Latin American Stablecoin Adoption Expected to Grow Amid High Inflation

23.1.2023
Crypto winter didn’t slow down stablecoin use in Latin America in 2022

BTC metrics exit capitulation — 5 things to know in Bitcoin this week

23.1.2023
Bitcoin retains higher levels after gaining 40% or more this month, but concerns of a BTC price correction are never far away

Debt Deflation Warnings, Shibarium Buzz Sees SHIB Rise, Former FTX US President Talks SBF, and More — Week in Review

22.1.2023
“The Price of Tomorrow” author Jeff Booth has warned of a “great depression on steroids” if the U.S. Federal Reserve keeps hiking interest rates, while buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price...

Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot

22.1.2023
Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, major pivot” economically. Morgan Stanley’s CEO on U.S. Economy...

Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

20.1.2023
According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and currency counterfeiters with newly issued shilling banknotes. The bank reportedly said it hopes to complete the process of replacing old and high-value shilling bills...

There’s Been a Rise in Argentinians Choosing to Get Paid in Crypto – Here’s Why

20.1.2023
There has been a sharp rise in Argentinians choosing to work for companies that pay them in crypto rather than fiat, a new report has suggested. Speaking to the media outlet Criptonoticias, Jonathan Chester, the CEO of Bitwage claimed that in the past year, the number of Argentines who have used...

Bitcoin price corrected, but bulls are positioned to profit in Friday’s $580M BTC options expiry

19.1.2023
Reduced inflationary pressure fueled crypto investors' appetite for risk markets, eliminating the possibility of bears profiting from the Jan. 20, $580 million Bitcoin options expiry

Bitcoin and Other Crypto Prices Pump After US Retail Sales and PPI Inflation Falls More Than Expected

18.1.2023
Bitcoin and wider crypto prices are getting a strong tailwind today after the release of the latest US economic data shows softening inflation and slowing retail sales. Bitcoin at the time of writing is priced at $21,565, up 0.9% and Ethereum is currently 0.85% higher at $1,602. The closely...

Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes

18.1.2023
No change in central bank policy from Japan caused ruffled feathers in forex markets, but Bitcoin remains tied to a trading zone near two-month highs

Experts Predict Crypto Prices to Explode to All Time Highs if This Happens

16.1.2023
Prices of major cryptoassets could explode higher if US economic data this week indicates that the Federal Reserve could soon be done with their interest rate hikes. After a strong week for bitcoin (BTC) and many other cryptos last week, traders are now looking for any clues of what could fuel...