Bitcoin circles $20K pre CPI amid warning Fed risks ‘blowing up’ economy
“Highly elevated” CPI numbers due in hours as one theory suggests that there is already no more room for Fed rate hikes. Go to Source Powered by WPeMatico
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Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Crypto market jitters around inflation expand with Bitcoin and Ethereum dropping to levels not seen since last week. Go to Source Powered by WPeMatico
Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges
BTC on-chain metrics and technical indicators are trading near historical bottoms, but analysts say a new “macro catalyst” could prove the current range is not the bottom. Go to Source Powered by WPeMatico
Bitcoin risks new lows as $20K looms amid dollar euro parity
Support is thin on the ground, analysts and traders warn, as ex-BitMEX CEO Arthur Hayes heralds the start of the fiat currency “doom loop” with USD/EUR parity. Go to Source Powered by WPeMatico
Crypto Exchange Bitso Launches Remittance Service in Colombia
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service in Mexico last year in partnership with Circle. Bitso Expand Remittances Program to … Read more
US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week
A potent combination of CPI figures and more make for a problematic week as Bitcoin price struggles. Go to Source Powered by WPeMatico
Hacker Selling 1 Billion Chinese Citizens’ Data for 10 BTC, Zuckerberg’s Meta Ends Novi Project, and More — Bitcoin.com News Week in Review
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten bitcoins. Also, Mark Zuckerberg’s Meta has ditched the Novi project, after unveiling a new metaverse wallet. These stories … Read more
Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To counter the growing use of cryptocurrencies, UNCTAD said it recommends the imposition of taxes that discourages crypto trading. ‘A Way to Protect Household Savings’ According to … Read more
Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’
This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over the Covid-19 pandemic, shut down businesses and injected trillions into the economy. The discussion touches upon … Read more
Key Bitcoin chart ‘will confirm bottom is in’ by July 15, says trader
It’s all about two moving averages crossing over as proof that BTC price action is done with the dip. Go to Source Powered by WPeMatico