Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,187,543,577,277.64
  • 24h Vol: $105,583,507,799.70
  • BTC Dominance: 55.94%

Federal Reserve

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North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies

Leave a Comment / Bitcoin, CBDC, central bank digital currency, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Federal Reserve, Governor, HB 690, NC, North Carolina, Regulation, Roy Cooper, us state, veto / / / , , , , , , , , , , , ,

The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation in the Federal Reserve’s CBDC testing. The governor argued the bill was premature and emphasized the need for more funding for cybersecurity. House Bill 690 […]

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7 Events That Could Shift the Crypto Market Landscape in an Instant

Leave a Comment / Bitcoin, Crypto Hacked, crypto market, Cryptocurrency, Donald Trump, ETF outflows, etfs, Ethereum, Featured, Federal Reserve, interest rates, Joe Biden, Mt Gox, U.S. Election / / / , , , , , , , , , , ,

The cryptocurrency market finds itself in a challenging situation, with a mix of obstacles and potential opportunities that could influence its future positively. This editorial examines the elements that the crypto community might encounter and highlights key points to consider amid the current market volatility. 7 Distinct Things That Could Instantly Change Everything Bitcoin has

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Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Depression, Economics, Economist, Economy, Ethereum, Federal Reserve, inflation, Peter St Onge, Recession, US economy / / / , , , , , , , ,

In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline. St Onge raises concerns about the accuracy of U.S. inflation data and its implications for measuring true economic growth. Peter St Onge, Official Figures May Understate

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Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

Leave a Comment / 10x Research, Bearish Sentiment, Bitcoin, BTC transfer, Crypto Hacked, Cryptocurrency, Ethereum, Federal Reserve, German government, jerome powell, market downtrend, Market Updates, Mt Gox, Price Decline / / / , , , , , , , , , ,

On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp, and Kraken. Bearish Sentiment Grows as Bitcoin Continues to Slide Bitcoin’s

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Nobel Laureate Paul Krugman Claims ‘Inflation Bump Is Over’ — Peter Schiff Says Krugman’s View ‘Should Be Dismissed’

Leave a Comment / Beige Book, Bitcoin, Consumer prices, Crypto Hacked, Cryptocurrency, economic debate, Economics, Ethereum, Federal Reserve, government spending, inflation bump, inflation prediction, Monetary Policy, Paul Krugman, Peter Schiff / / / , , , , , , , , , ,

Nobel Prize-winning economist Paul Krugman and gold advocate Peter Schiff are in disagreement over inflation. Krugman believes that “the inflation bump is over.” However, Schiff argues that Krugman didn’t even foresee the inflation bump, emphasizing that the Nobel laureate’s view on inflation should be disregarded. Schiff explained that “all indicators point to a reacceleration of

Nobel Laureate Paul Krugman Claims ‘Inflation Bump Is Over’ — Peter Schiff Says Krugman’s View ‘Should Be Dismissed’ Read More »

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US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023

Leave a Comment / Bank of America Securities, benchmark interest rate, Bitcoin, CME Group, Crypto Hacked, Cryptocurrency, Economics, economists, Ethereum, Federal Reserve, Financial Markets, FOMC Meeting, inflation, interest rates, Michael Gapen, Monetary Policy, Rate Hike / / / , , , , , , , , , , , ,

After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during the May

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Arkansas Makes Gold, Silver Legal Tender; 23 States Involved in Similar Legislation to Establish US Dollar Alternatives

Leave a Comment / Arkansas, Bitcoin, Crypto Hacked, Cryptocurrency, Economics, Ethereum, Federal Reserve, gold, legal tender, Michael Marrahey, Sarah Huckabee Sanders, silver, Tenth Amendment Center, U.S., U.S. constitution / / / , , , , , , , , , ,

A bill signed into law on April 11 has made gold and silver legal tender in the U.S. state of Arkansas, allowing citizens to use gold and silver coins to pay debts. The bill also clarifies that gold and silver “specie” (coins) will not be considered property for tax purposes, and transactions made with these

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Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’

Leave a Comment / Bitcoin, Bloomberg Intelligence, commodity strategist, Crypto Hacked, Cryptocurrency, deflationary recession, Economics, Ethereum, Fed, Fed tightening, Federal Reserve, Federal Reserve easing, Mike McGlone, QE, QT, Recession, severe deflationary recession, us economy recession / / / , , , , , , , , , , , , ,

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, the Fed has already been easing, and they’re still vigilant against that,” he cautioned. Strategist

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CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs

Leave a Comment / Atlantic Council, BIS, Bitcoin, Bitcoin Policy Institute, cash replacement, Cashless Society, CBDCs, Central Banks, commentary, conspiracy theory, controversy, Crypto Hacked, Cryptocurrency, Decentralized, Digital Currency, Ethereum, Featured, Federal Reserve, Fednow, financial system, Florida Governor, government control, ITM Trading, James Miller, Keynesian economist, Kitco News, lightning network, Lynette Zang, Michelle Makori, Monetary System, Natalie Smolenski, negative rates, nonpartisan, Nonprofit, Organization, Paul Krugman, political influencers, Project Icebreaker, Ron DeSantis, senior fellow, Signature Bank, Silicon Valley Bank, Social Media, surveillance economy, totalitarianism, Woke Money / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading, warned that CBDCs will “take the world into a full

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Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency

Leave a Comment / adoption, Analysis, bank accounts, Bitcoin, BTC, CBDC, Conspiracy Theories, Criminals, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Digital Currency, Drugs, Economics, editorial, Ethereum, Extortion, Federal Reserve, financial system, Florida, Fraud, freedom, home safes, illegal purchases, Keynesian, Krugman and DeSantis, Monetary Policy, Money Laundering, News, NYT opinion piece, Opinion, paper cash, Paul Krugman, rights, Ron DeSantis, tax evasion, Weapons, Woke, Woke Money / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He speculated that DeSantis may be influenced by individuals who fear a digital currency could hinder “un-woke activities such as tax evasion and

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