Fed Causes Bitcoin and Ethereum to Fall: Jerome Powell Prepares for a Frosty December for Cryptocurrencies

Fed Causes Bitcoin and Ethereum to Fall: Jerome Powell Prepares for a Frosty December for Cryptocurrencies

While financial markets were in turmoil last week with the Fed cutting rates, it looks like it won’t be the same in the coming weeks. Indeed, traders were expecting a cut in interest rates from the US Central Bank (Fed) for the month of December. Unfortunately, these hopes have been dampened by recent statements from … Read more

Bitcoin Sold at Peak: Bhutan Transfers Another $33 Million in BTC to Binance

Bitcoin Sold at Peak: Bhutan Transfers Another $33 Million in BTC to Binance

BTC for sale? According to on-chain analytics platform Arkham, Bhutan made a massive new bitcoin transfer this Thursday, sending 365 BTC (or about $33.3 million) to a deposit address on crypto exchange Binance. The move follows on the heels of a previous $66 million deposit made in October, which moved the total volume of bitcoins … Read more

Breaking: Crypto Enemy Gary Gensler About to Leave the SEC?

Breaking: Crypto Enemy Gary Gensler About to Leave the SEC?

Phew! Crypto-currency holders can rejoice: Gary Gensler, the tireless anti-crypto and current SEC chairman, might as well pack up. In a speech this Thursday at the Practice Law Institute’s 56th annual Securities Regulatory Institute, Gensler talked about a possible farewell, or at least took stock of his experience. “It has been a great honor to … Read more

Bitcoin as a reserve asset: Pennsylvania ventures for the first time in the United States

Bitcoin as a reserve asset: Pennsylvania ventures for the first time in the United States

A Crypto Wind Blows Across Pennsylvania! The state House of Representatives has just proposed legislation that could revolutionize local financing, according to Eleanor Terrett, a noted Fox Business reporter. Target? Allow Pennsylvania to hold bitcoins on its balance sheet as a reserve asset. This would be the first and decisive step for the US state … Read more

Memecoins: Whale earns $56 million on PNUT token

Memecoins: Whale earns $56 million on PNUT token

You win PNUT! Despite the significant increase in bitcointhrill seekers remain loyal to the market memecoins. Just look how the PEPE token exploded by almost 80% in a few hours.after announcing its listing on Coinbase and Robinhood. Unlimited volatility that attracts increasingly greedy investors. Like this symbolic whale PUNT which has just achieved a total … Read more