Stablecoins are in the limelight, but this Yale Economist remains skeptical about their stability
Stablecoins are taking the center stage in crypto-related discussion especially as adoption increases meteorically. Sean Stein, a professor, and entrepreneur recently noted in a Forbes article, that ... Read More
Bitcoin17/03/21 14:00 by Yashu Gola
Blow to Bitcoin as Key US Yield Hits Feb 2020 High Ahead of FOMC Meeting
Key Bitcoin Takeaways
Bitcoin sell-off accelerated ahead of the US session as US 10-year Treasury yields hit a fresh 13-month peak.
The cryptocurrency’s latest decline appeared ahead of the Fed... Read More
Bitcoin12/01/21 17:00 by Cole Petersen
Why This Economist Expects Bitcoin to Range Before Seeing a Breakout to $50k
Bitcoin has been caught in the throes of immense volatility as of late, with buyers losing their edge over its price action
The cryptocurrency is now, once again, drifting down towards the lower-$30,... Read More
Bitcoin17/12/20 14:04 by Yashu Gola
Economist Calls Bitcoin âMassive Bubbleâ After Price Hits Record High
Bitcoin’s potential as an emerging safe-haven alternative to gold raised its demand among institutional players in 2020. But a prominent economist is still skeptical about the cryptocurrency&rsq... Read More
Other05/11/20 22:00 by Cole Petersen
Yearn.finance (YFI) Sees Disastrous Performance; Hereâs Whatâs to Blame
Yearn.finance’s YFI governance token has seen its first relief rally in ages, with bulls moving to form a bottom following a multi-week period of seeing relentless losses.
The cryptocurrency ree... Read More
Bitcoin28/10/20 03:00 by Cole Petersen
Economist: Bitcoin Could Be Setting Up for an Ideal Short Opportunity
Bitcoin is currently caught in an intense updraft that has allowed its price to gain some serious momentum throughout the past couple of weeks.
This ongoing rally first began when news broke regarding... Read More
Altcoins10/10/20 01:00 by Cole Petersen
Economist: DeFi Altcoins Have Bottomed as Bitcoin Reverses Downtrend
The DeFi sector has been facing immense selling pressure in recent weeks, with the price declines seen by both Bitcoin and Ethereum creating notable headwinds that caused many previously bullish asset... Read More
Bitcoin28/07/20 18:00 by Cole Petersen
This Key Metric Suggests Bitcoinâs Rally is Just Getting Started
Bitcoinâs intense rally throughout the past couple of days has allowed it to fly past multiple crucial resistance levels.
Bulls are now attempting to form the $11,000 price level into a strong base ... Read More
Bitcoin24/07/20 18:00 by Cole Petersen
Bitcoin Driven Higher by Accumulation Trend as Economist Forecasts Upside
Bitcoinâs recent price action has been rather lackluster compared to that seen in months and years past.
For many weeks, the cryptocurrency was caught within a $200 trading range between $9,100 and ... Read More
Bitcoin07/07/20 05:00 by Nick Chong
Economist Steve Hanke: Bitcoin Is Not a Currency, Itâs a âSpeculative Assetâ
If you have read Satoshi Nakamoto’s original white paper on Bitcoin, the likely takeaway is that BTC is a currency. Take the following excerpt from the conclusion of the white paper.
“We h... Read More
Bitcoin23/06/20 20:00 by Tony Spilotro
Economist Warns of Warp Speed Dollar Decline, How Will Bitcoin Respond?
The United States is in turmoil, and the dollar is weakening slowly, but steadily. But an economist is warning that the decline may soon kick into warp speed. If it does, what might that mean for Bitc... Read More
Bitcoin22/06/20 00:00 by Cole Petersen
Why Analysts Expect Bitcoin to Plummet to $7,700 as Technical Strength Degrades
Bitcoinâs consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price leve... Read More
Bitcoin20/06/20 07:15 by Brenda Ngari
Contentions Erupt After New York Fed Classifies Bitcoin As âJust Another Example Of Fiat Moneyâ
Economists at the New York Federal reserve believe that bitcoin, the decentralized, peer-to-peer virtual currency that was created by a pseudonymous software developer around 11 years ago, is âjust... Read More
Bitcoin08/05/20 22:00 by Tony Spilotro
Global Macro Economist Shares 3 Perfect Bitcoin Charts With $1M BTC Targets
A global macro economist and well-known investor, has shared not one, or two, but three of what he refers to as “perfect” Bitcoin price charts.
Two out of the three charts point to realist... Read More
Bitcoin08/05/20 03:00 by Cole Petersen
Here Are the Macro Factors Driving Bitcoinâs Explosive Uptrend
Bitcoin has been caught within the throes of an explosive uptrend throughout the past several days and weeks.
Buyers have allowed the cryptocurrency to put some serious distance between its recent low... Read More
Other04/12/19 23:30 by Jamie Redman
The Fedâs Money Creation System Is Fueling One of the Biggest Heists in History
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thi... Read More
Other29/11/19 00:50 by Jamie Redman
Despite St. Louis Branch Warnings, New York Fed Pumps $108 Billion Into US Economy
On Wednesday, November 27, the U.S. Federal Reserve pumped $108 billion into the American economy using overnight repo tactics and 15-day repos. The central bank explained the move will stimulate more... Read More