Bitcoin surges into US open as forecast points to attack on $60K
A familiar scene as U.S. trading begins sees BTC price action head for formidable resistance at $60,000 and beyond.
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Putin Warns Cryptocurrencies Carry Risks, Admits They May Have Future
Russian President Vladimir Putin has again spoken about cryptocurrencies, noting the “high risks” associated with the virtual assets. However, the Russian leader has also acknowledged that digital currencies may have…
El Salvador’s President Asks the Fed to Stop Printing Money
On Dec. 1, the outspoken Nayib Bukele responded to a Bloomberg report detailing Federal Reserve chair Jerome Powell’s comments on inflation. Interestingly, El Salvador’s president asked the Fed chief to…
Bitcoin fails ‘worst-case scenario’ monthly close for the first time, starts December sub-$57K
PlanB’s floor model misses its target in a historic first as fresh bear pressure mounts for Bitcoin price action.
Fidelity Launches a Spot Bitcoin ETF in Canada
One of the world’s largest asset managers, Fidelity Investments, is set to launch a spot Bitcoin ETF in Canada and doesn’t intend to wait for the US Securities and Exchange…
Bitcoin correction weakest of 2021 so far, as hopes of Santa Claus rally rise
Bitcoin has fallen just 17% from ATH which makes this correction the shallowest of the year so far.
Hedge Fund Chief’s Inflation Prediction And What it Could Mean for Crypto (Opinion)
In a CNBC interview over the week, a major hedge fund manager predicted that “massive inflation” will lead the Fed to hike interest rates six times by 2024. Crypto traders…
Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose…
Bitcoin Dips As Powell Voices Plans To Accelerate Bond Taper
Jerome Powell – Chairman of the Federal Reserve – has now confessed that rising US inflation numbers are not “transitory”. As such, he is considering speeding up the taper on…
Solana price eyes $300 as Grayscale launches SOL-backed trust
The Grayscale Solana Trust would allow high-net-worth and institutional investors to gain indirect exposures to the yearlong bullish SOL market.
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