Fears of Bearish Correction Loom as Bitcoin OTC Deals Plunge
Bitcoin faces the prospects of undergoing a massive downside correction as on-chain data shows a plunge in its
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Fears
Russia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’
The Russian cryptocurrency and blockchain association known as RAKIB warned the country’s central bank against making its future central bank digital currency too centralized. RAKIB sent a letter to Bank of Russia Chairwoman Elvira Nabiullina saying the potential design for the “digital ruble” favored by the regulator will return
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Internet Searches for ‘Bitcoin’ Explode amid Inflation Fears
Queries on Google for Bitcoin reached its highest level alongside its spot price. As of this week, Google Trends,
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OKEx’s OKB Crypto Slides Another 20% as Fears Around Exchange Fester
Earlier this week, it was revealed that OKEx had frozen all crypto withdrawals from its platform over concerns
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Digital Yuan Trial Goes Live But Fears Over Dystopian Future Grow Louder
After years of rumors and leaks on Chinese social media, Shenzhen residents became the first in the country
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Bitwise Bitcoin Fund Doubles to $9M as Investor Fears Grow Over Runaway Inflation
Accredited investors worried about out-of-control inflation have poured millions into Bitwise’s bitcoin fund as a means to preserve the value of their portfolios. An amended filing with the Securities and Exchange Commission (SEC) last week showed the asset manager had raised, in total, just under $8.9 million for
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Goldman Sachs Diffuses Fears of November S&P 500 Volatility Bomb
Goldman Sachs strategists believe the markets might be overestimating the risks from the November presidential election.While some analysts anticipate massive volatility spikes after the election, Goldman said S&P 500 would be able to gauge the winner.The confluence of surging COVID-19 cases and the uncertainty around the election are causing market
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Wall Street Strategist Pops Stock Market Bubble Fears Until 2022
The U.S. stock market bull run might continue because portfolio managers don’t see an inflation-led asset bubble as a threat.It is hard to accurately measure inflation and strategists say that a bubble won’t likely form in the near term, at least until the year’s end.Meanwhile, the Federal Reserve’s average inflation
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Rich Dad Poor Dad Author Doubles Down on Bitcoin Amid Bank “Crisis” Fears
On a global scale, few actually own Bitcoin. According to Robert Kiyosaki, the author “Rich Dad Poor Dad,”
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Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
The former governor of Reserve Bank of India, Raghuram Rajan, said that private cryptocurrencies like Bitcoin (BTC) and Facebook’s Libra may have a future even when central banks roll out their own digital currencies.Rajan, who was also the Chief Economist and Research Director at the International Monetary Fund from 2003–2006,
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