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Today in Crypto: Binance to Begin Japan Operations, Millennials are Dominant Crypto Enthusiast Group, Canadian Police Issue Warnings After a $7.5M Scam, Hamas Stops Crypto Donations
28.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance to Begin Japan Operations, Millennials are Dominant Crypto Enthusiast Group, Canadian Police Issue...
Bitcoin price holds $29K as US PCE data sparks 90% Fed rate hike bets
28.4.2023
Bitcoin holds firm around $29,000 as markets escape a "shock" from the week's main macro event
Analysts at odds over Fed, US debt ceiling impact on Bitcoin price
28.4.2023
A political deadlock over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023
NY Fed Policy Change Could Squash Stablecoin Issuer Circle’s Hope for Fed Access
26.4.2023
Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules
'Smart money' eyes BTC bull run: 5 things to know in Bitcoin this week
24.4.2023
BTC price action may have taken a serious hit last week, but not every class of Bitcoin investor is dashing to the exit
Arkansas Makes Gold, Silver Legal Tender; 23 States Involved in Similar Legislation to Establish US Dollar Alternatives
21.4.2023
A bill signed into law on April 11 has made gold and silver legal tender in the U.S. state of Arkansas, allowing citizens to use gold and silver coins to pay debts. The bill also clarifies that gold and silver “specie” (coins) will not be considered property for tax purposes,...
Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’
21.4.2023
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity...
Crypto Stocks Post Large Losses as Bitcoin Price Slides towards $28K
20.4.2023
Bitcoin miners were hardest hit on Thursday
Gold Slides on Higher US Treasury Yields, Dollar
19.4.2023
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and elsewhere. Gold and Silver Slip as Investors...
US wholesale CBDC has ‘promise,’ Fed governor says, but retail ‘difficult to imagine’
18.4.2023
Federal Reserve Board governor Michelle Bowman discussed a potential U.S. CBDC in a speech at Georgetown University
MicroStrategy stock price more than doubles in 2023 in lockstep with Bitcoin
18.4.2023
Bank of America and Fidelity have increased their MicroStrategy exposure in what appears to be a passive Bitcoin investment
BTC price heading under $30K? 5 things to know in Bitcoin this week
17.4.2023
Bitcoin faces a battle for key BTC price support to start the week, while market participants stay optimistic about trend continuation
CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs
16.4.2023
During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading...
Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency
15.4.2023
Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He speculated that DeSantis may be influenced...
Bitcoin Price Outlook for April: BTC Hits $31,000, What Next?
14.4.2023
At the halfway point of April, bitcoin has risen beyond the $31,000 point for the first time in ten months. This rise in bullish sentiment comes as global inflation continues to fall, with many expecting central banks to soon pivot from current policies of monetary tightening. Current Market Status...
A recession is coming — Here’s how it’s fueling Bitcoin
14.4.2023
Cointelegraph analyst and writer Marcel Pechman explains how a potential looming recession might be causing Bitcoin’s price to rise
Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ Recession
14.4.2023
Economist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It’s going to get much much worse if you are going to try to dismiss it,” he stressed. Citing the Federal Reserve’s recession forecast, he warned: “Normally...
US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year
12.4.2023
On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised...
U.S. CPI Inflation Rises 0.1% in March, Slower Than Forecasts for 0.2%
12.4.2023
Bitcoin rose/fell to $XX,XXX in the minutes following the report
Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed
11.4.2023
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill