BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst
Global rate hikes are putting downwards pressure on asset prices, but Bitcoin is starting to outperform commodities and tech stocks.
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Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe
Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their…
UBS raises US recession odds to 60%, but what does this mean for crypto prices?
Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test for cryptocurrencies.
Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated
Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s analysts see commodities as “the best asset class to own…
Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty.
Gillibrand and Lummis state that most altcoins are securities
“Most cryptocurrencies go to the SEC [...] Bitcoin and Ether would be certainly commodities, and that's agreed upon,” said the U.S. Senator from New York Kirsten Gillibrand.
Investors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected
The U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Analysts and economists are hyper-focused…
Softer-than-expected crypto regulation and stocks’ rebound position Bitcoin for a $42K close
The Biden administration’s dovish approach to crypto sector regulation and a bounce in equities markets could give bulls a boost in Friday’s $790 million options expiry.
IMF Warns Ongoing War in Europe Will Have a ‘Severe Impact on the Global Economy’
In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a “severe impact on the global…