Bitcoin flips volatile at $27K as Fed’s Powell teases end to rate hikes
BTC price action destabilizes as markets watch Fed Chair Jerome Powell’s language for hints of policy change. Go to Source Powered by WPeMatico
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BTC price action destabilizes as markets watch Fed Chair Jerome Powell’s language for hints of policy change. Go to Source Powered by WPeMatico
In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to the dominant cryptocurrency, affirming that he maintains “a small diversification” in his investment portfolio and always will. Paul Tudor Jones on Bitcoin: ‘I’m Sticking With … Read more
When asked about CBDCs during a conference on transportation, Kashkari had a response on the tip of his tongue, and it wasn’t encouraging for CBDC fans. Go to Source Powered by WPeMatico
Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came as U.S. non-farm payrolls rose marginally higher than expected. Heading into the last fortnight of the month, could bulls be on the brink of returning? … Read more
Bitcoin bulls and bears battle for control of a key area on the BTC chart, with network fundamentals due new all-time highs. Go to Source Powered by WPeMatico
Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this June. Druckenmiller’s forecast comes as American consumer spending remains low, and is largely driven by credit card usage. Druckenmiller, a seasoned investment mogul, warns that it would be foolish to … Read more
The price of Bitcoin can fall to $15,000 in 2023 if its strengthening correlation with certain macro charts is any indication. Go to Source Powered by WPeMatico
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency. Go to Source Powered by WPeMatico
The integration will allow users to instantly convert cash to stablecoin for use in DeFi protocols. Go to Source Powered by WPeMatico
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses why Bitcoin has been unable to break through the $29,000 level and why crypto prices have been falling. Go to Source Powered by WPeMatico