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Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review
24.4.2022
Former Twitter CEO Jack Dorsey ponders Ethereum’s “single points of failure” and whether one man should be able to control an entire social media network, while Bitcoin.com News gives you the latest scoop in the world of ETH and BTC mining rigs. To top it all off, one economist...
Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin
20.4.2022
As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed president James Bullard wants to aggressively hike the benchmark bank interest rate, Atlanta...
Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike
19.4.2022
The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation...
Bitcoin Funds See Slowing Investment Outflows, Ethereum Outflows Accelerate
19.4.2022
Regulated crypto investment products saw outflows of close to USD 100m last week, as capital continued to leave funds backed by both bitcoin (BTC) and ethereum (ETH) in droves. The outflows were partly explained by tax-related selling in the US, while one analyst said the macro landscape...
Economist Predicts the Fed’s Response to Inflation Will Push Crypto Higher
19.4.2022
Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what you get when you’ve waited too long to recognize what...
Global Economy Outlook Cut Again, Another Crypto Exchange Leaves Russia & Belarus + More News
18.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Global Economy Outlook Cut Again, Another Crypto Exchange Leaves Russia & Belarus + More News
Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn’t Be Surprised if Stocks Fell 40%
18.4.2022
The American economy continues to look gloomy and signals pointing toward a looming recession continue to appear. In a note sent to clients this week, Goldman Sachs’ chief economist said the bank envisions the “odds of a recession as roughly 15% in the next 12 months and 35% within...
‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review
17.4.2022
Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,”...
President Biden announces former Ripple adviser as pick for Fed vice chair for supervision
15.4.2022
The vice chair for supervision seat at the Federal Reserve has been vacant since governor Randal Quarles’ term ended in October 2021
Fitting the bill: US Congress eyes e-cash as an alternative to CBDC
15.4.2022
From fiat banknotes to fractional reserve banking, the notion of what constitutes money in the U.S. has changed over time. But is the time right for e-cash?
Cardano price risks 30% drop in Q2 despite a 'major' hard fork ahead
15.4.2022
Cardano network growth has done little to help ADA price shake its multi-month slump
‘Big Short’ Investor Michael Burry Says ‘the Fed Has No Intention of Fighting Inflation’
15.4.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer...
Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding
13.4.2022
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ...
Mark Yusko explains the real problem with Fed policy — and why Bitcoin matters
13.4.2022
The founder of Morgan Creek Capital explains how the Federal Reserve is destroying your purchasing power and why it could get a lot worse
Ethereum price 'bullish triangle' puts 4-year highs vs. Bitcoin within reach
12.4.2022
ETH/BTC could reach 0.10 this year as the market anticipates Ethereum's proof-of-stake switch
Bitcoin & Crypto Fall as Market Awaits US Inflation Numbers, ‘Overvalued’ Tech Stocks Worry Traders
11.4.2022
The crypto market traded lower over the weekend, with US inflation data, possible moves by the US Federal Reserve (Fed), and bearish-looking technology stocks all weighing on investors’ sentiment and causing worry about the way forward....
Read More: Bitcoin & Crypto Fall as Market Awaits...
BTC stocks correlation 'not what we want' — 5 things to know in Bitcoin this week
11.4.2022
Can anything save Bitcoin from a stocks-driven meltdown? Not everyone is bearish this week
The Eerie Similarities of Today’s Great Monetary Shift and the Panic-Led Creation of the Federal Reserve System
9.4.2022
While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war, and a number of global crises, the possibility of a great monetary shift...
When Bitcoin Meets Inflation
8.4.2022
Alice Liu, Senior Associate, Cryptocurrency Investments at exchange-traded fund and exchange-traded product sponsor WisdomTree.
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Read More: When Bitcoin Meets Inflation
Get ‘Mentally Ready’ for Lower Bitcoin Prices as Rates Rise, Bitcoin 2022 Panelists Warn
8.4.2022
The macroeconomic landscape for bitcoin (BTC) could become more difficult to navigate as the US Federal Reserve continues to raise interest rates. However, bitcoin is the only way to transition to a new monetary standard, panelists at a discussion on the current macro backdrop at Bitcoin 2022...