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Bitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks

Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month…

Continue ReadingBitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks

Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry

BTC bears aim for a $360 million profit in July 29’s $1.76 billion monthly options expiry, but the FOMC interest rate decision could play a decisive factor.

Continue ReadingBitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry

Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth

The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S.…

Continue ReadingDespite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth