Author: editorialteam

Banks should focus on blockchain technology and investors should increase their bitcoin holdings while trimming gold exposure, according to Jefferies Global Head of Equity Strategy Christopher Wood. “This concept of…Continue readingJefferies’ Wood Urges Banks to Embrace Blockchain, Add More Bitcoin Exposure

It’s been a broadly bearish morning session for Bitcoin and the broader market. At the time of writing, Bitcoin, BTC to USD, was down by 2.39% to $61,397.0. A mixed start…Continue readingBitcoin Price Prediction – A Breakout from $63,500 Would Be Needed to Deliver $68,000 Levels

The bitcoin (BTC-USD) price swooned on Thursday in London as investors digested the news that the US Federal Reserve plans to taper its $120bn (£88bn)-a-month in bond purchases.  This marked…Continue readingBitcoin hit as Fed begins tapering

How much do you know about cryptocurrency? If the answer is, “Not a lot,” you’re not alone. A recent survey of 1,000 people across the U.S., Mexico and Brazil showed…Continue readingCrypto Comprehension Study: 98% of People Don’t Grasp Basics of Bitcoin, Stablecoins or NFTs

The U.S. Federal Reserve announced plans to taper its $120-billion-a-month in bond purchases, taking the first step toward winding down a post-coronavirus money-printing program that has inspired many investors to…Continue readingFederal Reserve to Taper Money Printing That Fueled Bitcoin Bets

Kroger Co said on Friday a press release touting the acceptance of bitcoin cash at its stores this holiday season is fraudulent, making it the second major retailer in recent…Continue readingKroger confirms press release on grocer accepting bitcoin cash is fake

Senator Pat Toomey, ranking member of the Senate Banking Committee, says he’s prepared to fix the broad definition of a cryptocurrency broker that’s contained within the Biden administration’s infrastructure bill bogged…Continue readingToomey vows fix to ‘badly flawed’ cryptocurrency broker plan in infrastructure bill

Ethereum Ethereum fell by 1.50% on Thursday. Reversing a 0.26% gain from Wednesday, Ethereum ended the day at $4,537.15. A mixed start to the day saw Ethereum rise to an early…Continue readingEthereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 5th, 2021

Square Inc., the digital-payments company run by Jack Dorsey, reported disappointing third-quarter sales, held back by a drop in Bitcoin-related revenue from its Cash App compared with the previous period.…Continue readingSquare Bitcoin Revenue Drops From Prior Quarter; Shares Slip