On August 27th, Federal Reserve Chairman Jerome Powell delivered his much-awaited speech on U.S. monetary policy. Analysts say that Powell’s comments, which indicated that increased and continued inflation should be expected, are set to bolster Bitcoin's long-term price trajectory.
What Did Jerome Powell Say?
Jerome Powell&
A new Bitcoin-focused Exchange Traded Product (ETP) will now allow accredited investors to speculate on negative Bitcoin price movements, according to a press release on Monday.
Switzerland’s 21Shares, the issuer of over eleven cryptocurrency ETPs, announced its new Short Bitcoin ETP (SBTC) (Ticker: 21XS) will be available to trade
In 2014, engineer Pieter Wuille abandoned his post at Google to join the Bitcoin development company Blockstream as a co-founder and core engineer. The developer is now moving on to Chaincode Labs, a research and development group focused on Bitcoin and related technologies. His exact job title is currently unknown.
In 2014, engineer Pieter Wuille abandoned his post at Google to join the Bitcoin development company Blockstream as a co-founder and core engineer. The developer is now moving on to Chaincode Labs, a research and development group focused on Bitcoin and related technologies. His exact job title is currently unknown.
On August 27th, Federal Reserve Chairman Jerome Powell delivered his much-awaited speech on U.S. monetary policy. Analysts say that Powell’s comments, which indicated that increased and continued inflation should be expected, are set to bolster Bitcoin's long-term price trajectory.
What Did Jerome Powell Say?
Jerome Powell&
A new Bitcoin-focused Exchange Traded Product (ETP) will now allow accredited investors to speculate on negative Bitcoin price movements, according to a press release on Monday.
Switzerland’s 21Shares, the issuer of over eleven cryptocurrency ETPs, announced its new Short Bitcoin ETP (SBTC) (Ticker: 21XS) will be available to trade
Swiss health insurance company Atupri Health Insurance announced on Monday that its customers will now be able to make payments using bitcoin or ether. According to the firm, users can set up the new payment method on their dashboard and start making cryptocurrency payments at no additional cost other than
Russian media watchdog (Roskomnadzor) has blocked the popular Russian currency exchange monitoring website bestchange.ru again.
The free website assists users in finding the best rates for exchanging currencies and was launched in 2007. Bestchange.ru was first blocked in 2017 and again in March 2019. It was issued its
According to a civil forfeiture complaint filed by the U.S. Department of Justice (DoJ), North Korean hackers allegedly stole around $28.7 million worth of cryptocurrencies in two separate hacking attacks, first on July 1st of 2019, and second on September 25th of 2019.
The DoJ was able to
Dennis Lockhart, who served as the president of the Atlanta Federal Reserve for a decade, believes the U.S. economy may experience a “double-dip.” Considering the Fed’s new policy which targets a 2% average inflation rate, Bitcoin could stand to benefit.
If the “Pessimistic” Double-Dip Scenario Happens, Bitcoin Could
Global Macro Investor CEO Raoul Pal believes Bitcoin could outperform gold over the long term, arguing that while both stores of value benefit from inflation, Bitcoin has a significantly higher potential upside than the precious metal.
At the Jackson Hole Symposium on Thursday, Federal Reserve chair Jerome Powell announced the
