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Federal Reserve’s Neel Kashkari on Bitcoin: Still No Legitimate Use Case in an Advanced Democracy

The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said…

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Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement

Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041…

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Bitcoin Miners Compete for Profitability Ahead of Halving: CryptoQuant

With the fourth Bitcoin halving approximately 15 days away, miners are focused on increasing their profitability before their block rewards are significantly reduced. Although some Bitcoin mining companies have increased…

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Bitcoin’s Current 18% Retrace Is Right on Schedule and Is Actually Good News: Here’s Why

Bitcoin (BTC) is in the first phase of its halving and is on track with analysts’ predictions, crypto trader and analyst Rekt Capital has revealed. According to a tweet, Bitcoin’s…

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