Cryptocurrency Analysis and News Portal
Bitcoin was lower after surging nearly $600 on Thursday to climb above $16,000 for the first time in almost three years. “Investors should plan for volatility as well as price appreciation,” the blockchain analysis firm Chainalysis wrote in a newsletter. In traditional markets, European shares fluctuated and U.S. stock futures pointed toward a
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Lawrence Rufrano allegedly hid his work at Stanford and blockchain startup Factom from disability benefits regulators. Source
Read MoreThe United States will not be issuing a digital dollar until the Federal Reserve resolves all questions around a potential central bank digital currency, or CBDC, according to the Fed's chairman, Jerome Powell.Powell claimed that he is not worried about other countries having a first-mover advantage when it comes to
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Federal Reserve Chairman Jerome Powell will speak next week as part of a panel on the future of cross-border payments at the International Monetary Fund’s (IMF) annual meeting. Source
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A monthly recap featuring conversations with Luke Gromen, Raoul Pal, Tavi Costa, Sven Henrich, Corey Hoffstein and Michael Saylor. Source
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The Dow Jones rallied over 100 points before paring gains.Jerome Powell’s testimony did little to move the U.S. stock market as he remains cautious about the future.Trump’s polling continues to suggest a highly competitive election in November.The Dow Jones reversed losses on Tuesday, as the U.S. stock market continues to
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Bitcoin’s price continues to move up, with a little help from the U.S. Federal Reserve, while ether traders are hedging in the options market. Bitcoin (BTC) trading around $10,979 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24 hours.Bitcoin’s 24-hour range: $10,662-$11,099BTC above its 10-day and 50-day
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The Dow Jones rallied 100 points Tuesday.The U.S. housing market continues to boom, thanks to the Federal Reserve.JPMorgan believes tech and white-collar dominance could face a reckoning.The Dow Jones rallied on Tuesday as a buoyant U.S. housing market continues to go from strength to strength. One JPMorgan strategist believes that
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Federal Reserve Chair Jerome Powell introduced the central bank’s plan to target a 2% average inflation rate. Since then, strategists have expressed concerns about inflation and the potential risks to market stability it could bring. It poses more selling pressure on the U.S. dollar, which already declined substantially in the past four
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There has been no shortage of epoch-changing twists so far this year. I mean, seriously, take your pick: even aside from the pandemic, we have riots on the streets of American cities, an alarming trade war, negative oil prices and gold briefly above $2,000/oz. These are just some of the
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