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Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a regulatory agency with an enforcement division, not an enforcement agency.” Lawmakers Oppose SEC’s Crypto Enforcement Focus A number of lawmakers and a commissioner with the … Read more
Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early internet. Noting that now the cryptocurrency is “a viable form of currency” that “You can actually buy things with,” he said, “the government is freaking out.” Joe Rogan, Bitcoin, and the Government Famous podcaster Joe Rogan, the host of The Joe … Read more
Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation. The famed investor emphasized, “It’s hard not to want to be long crypto.” Famed Hedge Fund Manager Paul Tudor Jones on Bitcoin, Crypto Billionaire investor and renowned hedge fund manager Paul Tudor … Read more
So far, so good for markets pricing in a 50-basis-point hike from the Fed, with Chair Jerome Powell still to speak. Go to Source Powered by WPeMatico
Bitcoin and most altcoins could remain volatile in the short-term due to the Fed’s decision, warranting caution from traders. Go to Source Powered by WPeMatico
Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump on April 27, and bitcoin’s value lost 6.2% against the U.S. dollar over the last two weeks. Bitcoin Hashrate Taps … Read more
It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline in value. However, because the … Read more
Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support level in the process. Bitcoin BTC was trading higher on Wednesday, as bulls re-entered the market ahead of today’s Federal Reserve rate decision. Following … Read more
Macro headwinds continue to hamper Ethereum’s long-term upside prospects. Go to Source Powered by WPeMatico
Worries over capitulation see MicroStrategy give away key insights into what it would do should Bitcoin price strength deteriorate. Go to Source Powered by WPeMatico