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Fidelity analyst: Bitcoin price up-down debate ‘mostly noise,’ watch network’s Apple-esque growth

The number of users on the Bitcoin network keeps growing higher, drawing comparisons to tech giant Apple’s growth to date.

Continue ReadingFidelity analyst: Bitcoin price up-down debate ‘mostly noise,’ watch network’s Apple-esque growth

Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank

It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two…

Continue ReadingBanning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank

SEC chair hints at no spot Bitcoin ETFs yet, but cites ‘careful consideration’ for future

Gary Gensler reiterated his stance of being technology-neutral, but that he would give “careful consideration” to the concerns Representatives Tom Emmer and Darren Soto raised.

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Bitcoin ‘whales’ and ‘fishes’ pause accumulation as markets weigh March 50bps hike odds

If Bitcoin benefited from quantitative easing, will it be hurt by quantitative tightening?

Continue ReadingBitcoin ‘whales’ and ‘fishes’ pause accumulation as markets weigh March 50bps hike odds