Tag bitcoin
Under Scrutiny: Wall Street, Tech Stock, Bitcoin and the Federal Reserve
After a week of volatile tech stocks, bitcoin above $60,000, Federal Reserve Chairman Jerome Powell's actions are under scrutiny.
US Federal Reserve Emergency Call Following Japanese Markets’ Downfall
The U.S. Federal Reserve convened an emergency meeting following the sudden crash in the Japanese markets. The unforeseen decline stirred a global panic selloff, leading to a predicted 50bps rate drop post-meeting.
Bitcoin Price Dips in Response to Trump’s Most Recent Negative Political Statements
Bitcoin price drops sharply following Trump's latest remarks on financial markets. Investors react to economic uncertainty and policy hints, causing volatility in the cryptocurrency sector.
European Parliament Passes Landmark Crypto Regulation: MiCA Legislation Sets New Standards for the Industry
Sweeping new rules aim to prevent money laundering, improve consumer protection, and set global standards
As Bitcoin Surges Past $35,000 So Does It’s Energy Consumption
Bitcoin's latest rally is again putting a spotlight on the energy consumption needed for crypto mining.
Five reasons Bitcoin could enter a more extreme death spiral
Back in December 2017, when its price reached close to US$20,000, Bitcoin looked like it had finally disrupted financial markets with the potential to enter the mainstream. A year later and things looked quite different. Bitcoin is now steadily trading below US$4,000 and has been constantly on a downward ride over the last year, losing more than half of its market capitalisation.