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Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?

Blackrock CEO Laurence Fink believes the recent "drama" around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other analysts predict could provide some tailwinds for Bitcoin (BTC).Fink’s comments come as U.S. lawmakers passed a highly-anticipated bill to lift the $31.4 trillion debt ceiling on

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‘Dealt with firmly’ — Bali governor issues warning to tourists using crypto

Bali’s government is cracking down on tourists paying for goods and services using cryptocurrency, with the island’s governor sending a reminder that Indonesia’s fiat currency is the only legal tender.On May 28, the government-owned news agency Antara reported Bali’s governor Wayan Koster hosted a press conference the same day and

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Reserve Bank of Zimbabwe Defies IMF’s Warning, Sells $39M Worth of Gold-backed Digital Tokens

Zimbabwe seeks to use gold-backed crypto tokens to salvage the country’s economic situation. The Reserve Bank of Zimbabwe has dammed any potential consequences by selling 14 billion Zimbabwean dollars ($39 million) worth of gold-backed digital tokens. That is despite an earlier warning it received from the International Monetary Fund (IMF) not

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Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning

The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwe Dollars’ worth of gold-backed digital tokens worth around $39 million despite a warning from the International Monetary Fund.On May 12, the central bank of Zimbabwe announced that it had received 135 applications valued at ZW$14.07 billion to buy the gold-backed

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BTC price bounces at $25.8K lows amid warning over low whale interest

Bitcoin (BTC) sought to pass $27,000 on May 13 after a “scam wick” produced new two-month lows.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTraders: BTC price must retain $26,500Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it recovered from a flash dip to $25,800 on Bitstamp.The pair saw weakness

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Bitcoin cracks $28K on CPI amid warning US inflation ‘highly elevated’

Bitcoin (BTC) ticked higher around the May 10 Wall Street open as United States inflation data beat expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMarkets eye June Fed rate hike pauseData from Cryptox Markets Pro and TradingView showed BTC/USD responding instantly to the April Consumer Price Index (CPI) print, up 1.7%

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Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?

Warren Buffett moving into cash suggests that he's bracing for a possible collapse in risk-on asset prices. With Bitcoin (BTC) up 70% year-to-date and correlated with equities, should BTC investors also prepare for a potential stock market crash? Buffett says "incredible period" is overWarren Buffett's Berkshire Hathaway dumped $13.30 billion worth

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