Bitcoin Spikes, FED Chair Oozes Confidence in Taming Inflation
Bitcoin prices are moving higher following the U.S. FED decision to hike interest rates to tame rising inflation.
Bitcoin
Crypto News
Crypto News
General
Coinbase: USDC, USDT to Face More Liquidity Problems if The FED Hikes Interest Rates
A Coinbase report predicts that stablecoins, including USDC and USDT, will face liquidity challenges if the FED hikes rates.
Bitcoin
Crypto News
Crypto will Bottom once “Tourists” Leave
Tom Loverro, a former board member at Coinbase, has said the crypto bottom is not yet in, and prices will recover once “tourists” leave.
Bitcoin
Crypto News
The Crypto Winter is Crashing Bitcoin Millionaires
There are now fewer Bitcoin millionaires following the sharp drop of BTC and crypto prices in the last seven months, recent data shows.
Crypto News
General
Cathie Wood: The FED is destroying the Economy
Cathie Wood, CEO of Ark Invest, said on Sunday that the U.S. government and the FED are to blame for current economic woes.
Bitcoin
Crypto News
JP Morgan Analysts Backs Bitcoin to Rally, Places Fair Value at $38k
Bitcoin’s fair value is at 28 percent from spot rates, placing prices at $38k, according to a JP Morgan Chase analysis.
Bitcoin
Crypto News
Over 10 million Bitcoin Addresses Hold At least 0.01 BTC or $298
There are over 10 million Bitcoin addresses with at least 0.01 BTC. This rise points to possible adoption as inflation rates soar.
Bitcoin
Crypto News
Amid the Crypto Sell-Off, Wall Street lost over $1 Trillion in Three Days
Wall Street technology companies, including Amazon, Apple, Facebook, and Netflix, cumulatively lost over $1 trillion in value in less than a week.
Bitcoin
Bitcoin Crash, U.S. FED Will Hike Interest Rates in May to Tackle Inflation
The U.S. Federal Reserve (FED) will raise interest rates in May 2022 to tackle surging inflation. Bitcoin and crypto assets fall in response.
Bitcoin
Regulation
A Small Argentinian Municipality Embarks on Crypto Mining Despite IMF’s Restrictions
A municipality in the province of Santa Fe, Argentina, is setting the foundation for using cryptocurrency to tackle high inflation by setting up a crypto mining rig.