Fed chair Jerome Powell will give a speech on inflation on Thursday but it may not affect the price of Bitcoin and gold, some commentators argue. The United States Federal Reserve chair Jerome Powell will give a speech on the Fed’s monetary policy in several hours. Contrary to expectations, it might not have any major […]
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Bitcoin and altcoins are likely to remain range-bound in the short-term as the bulls and the bears attempt to assert their dominance. On Thursday, U.S. Federal Reserve chairman Jerome Powell is expected to deliver an important speech that will highlight a new strategy of targeting “average inflation.” This means that the Fed might allow inflation […]
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Three key macro factors raise the probability of a prolonged Bitcoin bull market, but a short term correction is very likely. The price of Bitcoin (BTC) has increased by nearly 30% since late June, from $8,905 to just under $11,500 as of press time. Following the strong rally of the dominant cryptocurrency, three macro factors […]
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An analyst warns that there is now “just too much money to spend” as the wild money printing regime of central banks fuels Bitcoin’s strength. There is “too much money to spend,” and this will help Bitcoin (BTC) reach its next phase of huge price increases, analysts believe. In a blog post on Aug. 25, […]
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This year has been a milestone for open-source development, as more organizations have contributed funds by way of grants and sponsorships. Supporting the open-source community continues to be a priority for OKCoin, which has enabled us to sponsor the development of the very infrastructure that we depend on as a crypto exchange. Our commitment to […]
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A combination of frightening macro phenomena and Bitcoin strength spells bullish for Kraken’s Dan Held. Bitcoin (BTC) is “at the beginning” of an extended bull run and there are increasingly clear reasons to accept it. That was the opinion of Dan Held, head of growth at United States cryptocurrency exchange Kraken, who listed the latest […]
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An important Fed policy meeting forms the centerpiece for a new week’s trading, which could see macro hit Bitcoin price action once more. Bitcoin (BTC) starts another week in a bullish mood as hurdles line up to shape price trajectory. Cointelegraph presents five factors determining where BTC/USD may go in the coming days, and what […]
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Bitcoin and gold price dropped as the U.S. Dollar Index rallied, leading analysts to speculate whether a strong dollar will slow BTC’s momentum. On Aug 21, Bitcoin (BTC) price declined by more than 3% from around $11,880 to $11,511 on Coinbase. Coincidentally, the U.S. Dollar Index (DXY) started to rebound from its 4-month downturn. BTC/USD […]
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Check out this week’s Bad Crypto podcast. It’s back to stability for Bitcoin this week as the currency continues to knock at the $12,000 ceiling. Where will it go next? One analyst sees a Battle Royale as whales try to push towards $14,000. Other investors are more optimistic. They see Berkshire Hathaway’s recent sale of […]
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What are CBDCs and the risks they possess, and how might they reshape our economies? Central bank digital currencies are a digital representation of a country’s fiat currency. They are effectively a government-issued cryptocurrency designed to replace the traditional, physical form of fiat currencies. The term CBDC is broad because its implementation involves several critical […]
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