Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?
Two investment moguls are betting on different directions for inflation and Treasury yields, with potentially negative impacts on Bitcoin. Go to Source
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Could a Bitcoin bull run be triggered by Fitch’s US credit rating downgrade?
Fitch downgraded the US credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin price benefit from this decision? Go to Source Powered by WPeMatico
Where’s the recession? These 3 economic indicators can alert investors to a market downturn
Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming. Go to Source Powered by WPeMatico
US Treasury yields are rising — What does it mean for Bitcoin price?
The 5-year U.S. Treasury yield reached its highest level in 3 months, but the typical inverse correlation-based price action with Bitcoin might not work this time. Go to Source Powered by WPeMatico
Crypto lobbyists still fighting to axe ‘unlawful’ Tornado Cash sanctions
The crypto industry advocacy group has placed its support behind Coin Center and its lawsuit against the U.S. Treasury over its Tornado Cash sanctions. Go to Source Powered by WPeMatico
Coinbase-backed motion makes 4 key arguments to lift Tornado Cash sanctions
According to the filing, the Treasury lacks the authority to prohibit Tornado Cash and transactions associated with it. Go to Source Powered by WPeMatico
Bitcoin, gold and the debt ceiling — Does something have to give?
Traders are still tiptoeing around markets as multiple risk events remain at the forefront, but BTC margin and futures markets are starting to favor a bullish breakout. Go to Source Powered by WPeMatico
Ron DeSantis Vows to Prohibit CBDC, ‘Woke Politics,’ and ‘Financial Surveillance’ in Florida
Florida governor Ron DeSantis reiterated his call for a ban on central bank digital currencies (CBDCs) during a visit to Jacksonville on Tuesday. Last March, DeSantis pushed for legislation to prohibit a CBDC in Florida. At Tuesday’s event called “Government of Laws, Not Woke Politics,” he stated that if the U.S. Federal Reserve or Treasury … Read more
Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback
BTC margin markets and futures’ long-to-short indicator show professional traders unwilling to bet on Bitcoin’s price dropping. Go to Source Powered by WPeMatico
ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations
There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default … Read more
