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Here is why Bitcoin price gave back all its intraday gains

BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.

Continue ReadingHere is why Bitcoin price gave back all its intraday gains

Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow

The future collapse of fiat currencies could propel Bitcoin to $1 million in the next five to 10 years, according to Jan3 CEO and Bitcoin proponent Samson Mow.

Continue ReadingBitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow

Data shows the Bitcoin mining bear market has a ways to go

The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.

Continue ReadingData shows the Bitcoin mining bear market has a ways to go