Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president of the United States Federal Reserve Bank of St. Louis, indicating that he expects the first interest rate increase to happen in late 2022.  Bullard’s comments were even more hawkish than Wednesday’s
0 Comments
Dogecoin (DOGE) hogged the spotlight on a tightly crowded stage throughout most of 2021, as Bitcoin (BTC) and the wider cryptocurrency market climbed to new all-time highs. Fueled by the social media flirtation of an eccentric billionaire, and the coordinated efforts of strategic Reddit traders, Dogecoin’s value increased 15,000% since the turn of the year
0 Comments
Wall Street investment bank Goldman Sachs has made another U-turn on its stance toward Bitcoin as it struggles to define the asset’s investment status. The investment bank flip-flopped again in its approach to cryptocurrencies with a report issued earlier this week that claims  they are not a “viable investment”. The report, titled “Digital Assets: Beauty
0 Comments
In an exclusive interview with Cointelegraph during Bitcoin 2021 in Miami, Greenspan criticized a segment of Bitcoin maximalists for being “small-minded and insecure”, pointing out that they don’t have control over the main cryptocurrency. “They cannot stop any kind of innovation from happening. So let them yap, it doesn’t bother me,” said Mati Greenspan, CEO
0 Comments
El Salvador flag over bitcoin. El Salvador as first country adopting bitcoin as legal tender concept. Bitcoin dropped another 2.73 percent in conjunction with the Dow dropping 210 points by 0.6%. While the latter was due to the US Federal Reserve’s latest monetary policy decision and projections. (I’ll give you a hint: Higher interest rates),
0 Comments
Bitcoin (BTC) edged closer to $38,000 support on June 17 as comments from the United States Federal Reserve sparked a mass sell-off for gold. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin escapes gold’s fate Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it bounced at $38,400 during Thursday, failing to regain $39,000 in
0 Comments