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FED’s Powell Confirms Persisting Inflation, Could Tapering Stop Bitcoin’s Rally?

Bitcoin has dropped 3.8% in the 24-hour chart as the Chairman of the U.S. Federal Reserve Jerome Powell gave a speech on the current economic outlook. As of press time, the crypto market has negatively reacted to Powell’s statements as the intuition finally hints at a possible start of tapering. Related Reading | Can “Coin Days […] дальше »

2021-10-23 01:00


ProShares CEO says Bitcoin Futures ETF Coming on Tuesday, Grayscale Confirms Filing to Convert GBTC into ETF

In anticipation of the first Bitcoin ETF, which will finally be coming to the US this week, Bitcoin hit $63,000. ProShares will be launching its exchange-traded fund (ETF) linked to CME-based Bitcoin futures on the New York Stock Exchange (NYSE) under the ticker ‘BITO’ on Tuesday, the firm and the exchange have reported. дальше »

2021-10-18 17:35


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Incoming Bitcoin Volatility Squeeze Likely To Ignite Bullish Tornado

A volatility squeeze usually takes place when the volatility of an asset drops below its recent levels, causing the asset to enter a period of consolidation. Bitcoin is about to get greener As of today, analyst William Clemente confirms that Bitcoin is entering its first major volatility squeeze, following the last one in April that […] дальше »

2021-7-15 18:00


Elon Musk Confirms Tesla Is Not Selling All of Its Bitcoin, Hints at Potentially Resuming Transactions

Tesla CEO Elon Musk tweeted earlier this Sunday that the electric carmaker would resume its Bitcoin transactions once verified crypto mining operations utilise more renewable energy.  “When there’s confirmation of reasonable (~50 percent) clean energy usage by miners with [a] positive future trend, Tesla will resume allowing Bitcoin transactions,” he wrote.  This is inaccurate. Tesla […] дальше »

2021-6-15 08:37


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HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments

HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but the bank is not rushing into providing cryptocurrency investments for clients. HSBC Confirms Crypto Stance HSBC […] дальше »

2021-5-24 14:34