Bitcoin poised to dip further as inflation looms: Steno Research
Bitcoin futures markets may still be overheated, and a hotter-than-expected CPI could trigger further drawdowns, Steno said.
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Bitcoin futures markets may still be overheated, and a hotter-than-expected CPI could trigger further drawdowns, Steno said.
The upcoming US presidential inauguration could be a positive catalyst, the asset manager said.
Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17.
The acquisition brings Metal blockchain solutions to Bonifii’s portfolio of credit unions.
Bill Dudley joined others in suggesting the only purpose of a US government Bitcoin reserve would be to reward Trump’s crypto supporters.
Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin’s price higher.
AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress.
CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut […]
A ban on Bitcoin? Even the suggestion as part of a thought experiment is bound to chafe the crypto community.
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
