Fed Faces Double Inflation as Supply Chain Falters, Economists Question Spending, Biden ‘Not Worried’ – Economics Bitcoin News
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Despite bitcoin’s rapid $3,000 fall from new record highs seen Sunday, institutions seem confident about the cryptocurrency’s long-term prospects.The cryptocurrency dropped to $47,790 earlier on Monday, after just failing to pass the psychological hurdle of $50,000 over the weekend. So far, however, are there are few signs of preparations for
Read MorePrivacy advocates argue that blockchain analysis is essentially blockchain surveillance and, by contracting with governments, firms offering analytics are laying the groundwork for additional forms of mass surveillance.Western tech firms aided dictators during the Arab Spring and helped shut down the internet during protests in Belarus, leading to concerns that
Read MoreDonald Trump owes Deutsche Bank roughly $340 million.The German bank will reportedly look to sever ties with Donald Trump after the election.This is the same bank that sought Jeffrey Epstein as a client after he was a convicted sex offender. What does that say about Donald Trump?Deutsche Bank is getting
Read MoreWhat an October it was for Bitcoin. The number one cryptocurrency by market cap has seen a 30%
Read MoreWhile market sentiment may remain temporarily weak after the OKEx news, a price crash looks unlikely. Source
Read MoreCoronavirus and the presidential election are short-term stock market drivers.Investors should keep a close eye on U.S. relations with China as they could deteriorate in the years ahead.Increasing tension could have a longer-term negative effect on equities.Since March, the novel coronavirus has dominated the headlines and driven the stock market.
Read MoreThe sudden takedown of BitMEX has cast a new light on Ethereum’s decentralized finance (DeFi) markets.On Thursday, the U.S. Commodity Futures Trading Commission (CFTC) and Department of Justice (DOJ) served the Seychelles-based crypto derivatives exchange with a slew of charges, arresting CTO Samuel Reed and seeking out CEO (and admitted
Read MoreAnalysts say that the unknown hacker behind the KuCoin breach is selling the stolen ERC-20 tokens on Uniswap. Although selling tokens on the Ethereum-based decentralized exchange allows the hacker to obtain Ether (ETH), it doesn’t mean it’s laundered.All transactions made on the Ethereum blockchain network are traceable using blockchain explorers,
Read MoreCritiques of correlation between bitcoin and equities miss the fact that bitcoin adoption within traditional markets has been driven by a fiat collapse concern. Our main discussion: Investors and the BTC price dip.Over the last several weeks, bitcoin has pulled back from $12,400 to around $10,000. This dip has happened alongside a broader
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