Federal Reserve’s Ambiguous Outlook Bodes Well for Bitcoin
The Federal Open Market Committee (FOMC) has cut the rate again by 25 basis points to a target range of 1.75%-2.00%. While this is in line with analysts’ expectations, the Fed’s...
Bitcoin Price to Surge After Crossing $10,700: Analyst
Bitcoin price inched lower on Tuesday as investors waited for the outcome of the Federal Reserve’s two-day meeting on monetary policy. The benchmark cryptocurrency slipped by...
Bitcoin to Benefit From Federal Reserve’s Aggressive Easing
The US Federal Reserve’s (Fed) aggressive easing might support Bitcoin’s bullish price trend at least up to 2020. Meanwhile, the cryptocurrency might also get a parallel boost from...
3 Reasons Why Bitcoin is Back Above $10,000
Bitcoin rose above $10,000 as July came to an end but that wasn’t enough to prevent BTC’s first monthly loss in 2019. Here are three likely reasons responsible for the move above...
UK Chancellor Gives British Government Opinion On Libra
UK Chancellor of the Exchequer, Philip Hammond, appeared on CNBC’s Squawk Box this week giving the UK government’s perspective on Facebook’s Libra...
Fed Chairman Powell: Bitcoin Is A Store of Value Like Gold
Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U.S. Senate. Today, lawmakers expressed their concerns...
Peter Schiff Inviting People To “Change His Mind On...
Gold-bug Peter Schiff says he’d like bitcoin bulls to convince him how the top-ranked crypto is superior to gold as a safe-haven asset. Give Me Reasons To Like Bitcoin As I...
The Federal Reserve Could Be Helping Bitcoin to $100K
Many factors are contributing to Bitcoin’s renewed trajectory towards its USD 100,000 target. One of them is increasingly gaining prominence: The U.S. Federal Reserve. Fed Interest...
Who’s Backing Who? The Fallout Of The Bitfinex/Tether Debacle
A week after allegations of Bitfinex’s $850 million Tether ‘cover-up’ broke, the story is still dominating crypto-twitter. And although Binfinex challenges the...
Trump May Affect Bitcoin Price With Herman Cain Pick
Trump is recommending Herman Cain for one of two vacant seats on the Fed Board. The man who advocates a return to the gold standard could undermine Bitcoin price in the short-term as...
St Louis Fed Explains Why Bitcoin Price ‘Not Likely to Fall to...
The Federal Reserve Bank of St Louis has published an examination of the long-term prospects for bitcoin price. It considers both the bullish and bearish cases of ‘moon’...
The Federal Reserve Could Launch a ‘FedCoin’- But...
It seems as if the Federal Reserve really understands the core values of Bitcoin and that launching a national cryptocurrency is pointless. Director of the IMF Christine Lagarde spoke...