Fed is tightening in response to inflationary pressures, which feeds into bitcoin’s narrative as a supposed hedge against inflation
Joining in on the tech stock rout, cryptocurrencies were hammered with bitcoin plummeting to around US$42,200 at the time of writing, as what the Fed giveth, the Fed can also…
Some of the world’s most prominent moneyed-men are backing the investing case for bitcoin, even as it drifts into 2022.
And while some would suggest that cryptocurrencies finished 2021 on a sour note, with the benchmark bitcoin losing 20% in December alone, the digital asset class has had a stellar…
If successful, Washington could establish comprehensive rules for the cryptocurrency industry and provide a blueprint for other countries to follow.
Rising inflation and speculative forces against a backdrop of low yields is allowing cryptocurrencies to claim an even bigger share of the global investment landscape than would otherwise have been…
The result of the legislative impasse has seen bitcoin shoot past US$49,000 (at the time of writing) for the first time in five days, amid a general rebound in risk…
Bitcoin, which had been trending downwards for the most part of last week dipped below US$46,000 yesterday and is now a full third off its all-time-high clocked in early November.
The bigger issue that the U.S. Treasury undersecretary for domestic finance has identified, is what exactly those stablecoins are invested in.
MicroStrategy considers plan to lend out bitcoin to generate yield on its 122,000 or so bitcoin stash