A stark warning from the banking sector itself comes as Bitcoin recovers from a brief $600 dip, but analysts need to see a higher daily close. Bitcoin (BTC) was aiming for $7,000 on April 14 as a sudden $600 dip gave way to a slow grind upwards as the week began. Cryptocurrency market daily overview. […]
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The Celsius Network is lowering its minimum loan requirements and soon will introduce interest paid out in gold. The Celsius Network is lowering its minimum loan request to $1,000 and will introduce interest paid out in gold. Celsius founder and CEO Alex Mashinsky told Cointegraph that they had previously lowered the minimum to $1,500 from […]
Continue ReadingDoes the FDIC’s recent video urging against bank runs relate to crypto? Wilshire Phoenix’s CEO and a former CBOE trader weigh in. The Federal Deposit Insurance Corporation, or FDIC, recently posted a video urging the public not to rush to banks for cash withdrawals. Does this relate to crypto? “Your money is safe at the […]
Continue ReadingBitMEX CEO Arthur Hayes and trader Crypto Capo believe Bitcoin price could drop to the $3,000s if equities markets correct again. BitMEX CEO Arthur Hayes and a pseudonymous trader known as ‘Crypto Capo’ both predicted the Bitcoin (BTC) price to drop to the $3,000s in early 2020. In the near-term, both expect Bitcoin to retest […]
Continue ReadingAnthony Pompliano gave his take on Kiyosaki’s Fed claims, agreeing that the entity may not be what it seems. Morgan Creek Digital co-founder and partner, Anthony Pompliano, expressed his view that the U.S. Federal Reserve may not quite be what it seems. His statement came in response to Robert Kiyosaki’s own claims about the Federal […]
Continue ReadingThe current $7,000+ price performance is getting a highly suspicious reception from traders, as markets see yet more bailouts. Bitcoin (BTC) braved less volatile but choppy trading on April 9 as the United States Federal Reserve flooded markets with trillions in dollars. Cryptocurrency market daily overview. Source: Coin360 Fed rolls out trillions in loans Data […]
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Donald Trump is on course to add more debt than George Bush and Barack Obama combined, forecasts one gold analyst. The national debt of the United States has crossed $24 trillion for the first time in history as Donald Trump’s presidency adds $4 trillion in four years. According to figures from online monitoring resource Trading […]
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The CARES Act shed light on the possibility of a digital dollar. Meanwhile, a blockchain-based solution is also being explored. Will one of them launch soon? The coronavirus pandemic is the biggest global crisis since the events that sparked the creation of Bitcoin (BTC) in 2008, and is one that will also have long-lasting effects […]
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JPMorgan chairman and CEO Jamie Dimon predicts a major recession on par with the Great Recession of 2008. JPMorgan Chairman and CEO Jamie Dimon praised the U.S. government for quick action in the wake of COVID-19, yet he criticized it for not having a “pandemic playbook.” Dimon is mostly known among the crypto community for […]
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Fear of the Coronavirus pandemic infected investor confidence, leading Bitcoin price to crash by 50% but as this occurred retail demand for Bitcoin increased and institutions left. Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time. According […]
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