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” Bitcoin faces $15K crash as US sparks ‘financial meltdown’ — Arthur Hayes “ In his latest blog post released on Jan. 19, Arthur Hayes, the former CEO of BitMEX exchange predicted a “global financial meltdown” thanks to future United States economic woes. Hayes: Crypto will “get smoked” in Fed pivot Bitcoin’s current rally should…
” AI altcoins are pumping — Is this the beginning of the next bull market? The Market Report “ This week on The Market Report, the resident experts at Cointelegraph discuss what artificial intelligence (AI) altcoins are, what their potential benefits are, how they work, and whether they can be a catalyst for a 2023…
“Jerome Powell says Fed should avoid climate change issues” The Federal Reserve’s independence from political influence is central to its ability to battle inflation, but requires it stay out of issues like climate change that are beyond its congressionally established mandate, Fed Chair Jerome Powell said Tuesday. “Restoring price stability when inflation is high can require measures that…
” Bitcoin price targets include new $14K dip as Fed’s Powell avoids inflation “ Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell keeps quiet on Fed policy Data from Cointelegraph Markets…
” Bitcoin price holds $17K into Fed Powell speech as GBTC jumps to multi-month highs “ Bitcoin (BTC) stayed above $17,000 on Jan. 10 as risk assets awaited fresh cues on policy from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell to kick off week of U.S. macro triggers Data…
” Bitcoin mining stocks surge with broader market as traders see less aggressive Fed “ Shares of publicly traded Bitcoin (BTC) miners surged on Jan. 9 as traders piled into equity markets amid growing bets that the United States Federal Reserve would soon be able to relax its aggressive fight against inflation. Bitcoin miners Riot…
” 5 cryptocurrencies that could benefit from a positive CPI report “ Bitcoin (BTC) has finally pushed above the $17,000 mark after rallying to $17,375 on Jan. 12. with both the bulls and the bears eyeing the Consumer Price Index (CPI) due on Jan. 12. If the print shows that inflation is cooling off, risk…
“Larry Summers calls for more US job losses from ‘tropical paradise’” Larry Summers got roasted on social media after he said higher unemployment will be necessary to tame inflation in the US economy during a TV broadcast from what looked like a tropical beach resort. The former Treasury Secretary, now a Harvard University professor as…
” Why is Ethereum (ETH) price up today? “ Ethereum’s native token, Ether (ETH), rose to three-week highs, rallying in lockstep with the broader cryptocurrency market, as well as stocks. ETH price rises to three-week highs On Jan. 9, ETH’s price rose 2.85% to cross above $1,325 for the first time in three weeks, a key…
“Real wage growth solution is jobs — not government interference” Remember all that progressive bellyaching about income inequality a few years ago? Whatever became of that? Nothing, of course. As it turns out, US income inequality has not risen in a decade. Is that thanks to minimum-wage increases and big, New Deal-style public-spending programs? No,…