by confoundedinterest17 This is truly the new version of “Girls Gone Wild!” except this time it is elderly politicians in Washington DC acting like demented children. Biden will not budge on spending cuts with the debt limit soooo close to the …
by confoundedinterest17 Is the thrill gone from Dogecoin? In the crazy world of Cryptocurrencies, two “coins” stand out: the venerable Bitcoin and Billy Markus and Jackson Palmer’s Dogecoin (aka Dog Coin based on a Shiba Inu dog. After a jolt …
Bitcoin fees have hit a two-year high—and they’re continuing to climb fast. Data from Bitinfocharts shows that the current average price to make a transaction on the Bitcoin network stands at $31.14. The last time it was that high was …
by Martin Armstrong QUESTION: Just about every Bitcoin advocate says you are wrong and Bitcoin cannot be stopped. Yet, it seems they are dreaming. Here in Europe, we are already restrained by the maximum cash transaction is €1000. You maintainer that …
Bitcoin has fallen over the past week (black), to the dismay of HODLER bros everywhere. It's falling as market pricing for the Fed is becoming more hawkish again (blue). Bitcoin falls when markets price a more hawkish Fed and vice …
In April 2022, the Central African Republic (CAR) introduced Bitcoin as legal tender, aiming to position itself as one of the “bravest and most visionary countries in the world.” However, just one year later, the country has reversed its …
The price of Bitcoin has grown by more than 50% since Tesla unveiled its approximately $1-billion BTC sales in July 2022. In other words, the Elon Musk-owned electric carmaker would have made an additional $500 million if it had waited …
Bitcoin has moved above $30,000 for the first time since June, as investors grow more optimistic about US Federal Reserve monetary policy ahead of key inflation data later in the week. The top crypto by market capitalization peaked at $30,438 …
Every MacOS sold since 2018 contains the original Bitcoin manifesto Discovery was made by tech blogger Andy Baio who questioned whether it had been placed there by a crypto enthusiast working for Apple Bitcoin has seen a 24 percent increase …
Chairman and chief executive of JP Morgan Chase Jamie Dimon shared his thoughts about crypto and bitcoin on CNBC’s Squawk Box on Thursday morning In an interview on Thursday morning on CNBC, billionaire Jamie Dimon, Chairman and chief executive of …
by confoundedinterest17 Trying to survive high inflation is difficult, but surviving The Federal Reserve’s counterattack to inflation is even more difficult. Two people who constantly appear in the business are ARK’s Cathie Wood and TSLA’s Elon Musk. A third we can …
Core Scientific (CORZ), one of the largest bitcoin (BTC) miners by computing power, filed for bankruptcy protection on Wednesday and reached a deal with some of its lenders to restructure its debt. The company filed for Chapter 11 at Southern …
by Chris Black Grayscale was trying for years to acquire ETF status. Here’s a little bit of context: Grayscale has been attempting to acquire ETF status for a while, and most recently after being denied, filed a lawsuit against the U.S. Securities …
by confoundedinterest17 Unlike Archie Bell and the Drells, this tighten-up is about The Federal Reserve tightening-up its monetary policy. On December 31, 2021, the US Treasury yield curve (10Y-2Y) stood at +77.4 basis points, generally a good omen. Then markets woke up. …
https://twitter.com/MemeingBitcoin/status/1600304444666941441 SS
Bitcoin could crash to $10,000, a more than 40% plunge from current prices, veteran investor Mark Mobius told CNBC on Thursday. While Mobius expects bitcoin to hover around its current $17,000 level, the move to $10,000 could happen in 2023, …
by silvertomars https://finance.yahoo.com/news/ecb-says-bitcoin-artificially-propped-123627824.html https://www.coindesk.com/policy/2022/11/30/bitcoins-last-stand-ecb-staffers-say-the-crypto-is-on-road-to-irrelevance/
The Grayscale Bitcoin Trust (ticker GBTC) closed a record 45% below the value of its underlying coins on Friday, according to Bloomberg data. The shares fell another 5% on Monday. The dislocation has widened dramatically in recent weeks as GBTC …
by Boo_Randy “Have fun staying poor.” https://www.news.com.au/finance/markets/world-markets/el-salvador-president-loses-101m-of-personal-fortune-from-bitcoin-gamble/news-story/0402528f6f0f4a7f39486f7f6f278aea The world leader sank $156 million of his personal fortune into bitcoin. Now it’s worth less than half that.
Roughly three-quarters of people who have bought bitcoin have lost money according to a study published Monday as the cryptocurrency sector reels from the collapse of a major exchange that has sapped confidence. Economists at the Bank of International Settlements, …
by confoundedinterest17 The Thrill Is Gone … from cryptocurrencies. The cryptocurrency market is getting hammered thanks mostly to two things: 1) Sam Bankman-Fried’s horrid failure with FTX (fraud, Enron, front-running, stupid investors, Democrat-Ukraine connection) and 2) Fed tightening to combat high inflation. …
https://twitter.com/MarketSanity/status/1590430882359541760
by Shaun Richards We can start this morning with some good news for holders of Bitcoin which is that it has bounced a thousand Dollars overnight to US $16,750. Of course in terms of the bigger picture that is also …
Cosmos Asset Management is looking to delist two of its cryptocurrency exchange-traded funds (ETFs) from the Cboe stock exchange in Australia owing to the downturn in digital assets that started at the end of last year. Cosmos, based in Sydney, …
The machines which are worth an estimated $65-$70m today, were originally purchased via loan for $103m. The company does not currently expect to make payment on November 8th, meaning that up to 3.6 EH/s could hit the market, approximately 1.5% …
(Kitco News) – Core Scientific, one of the world’s largest publicly traded Bitcoin mining companies, is on the brink of insolvency according to forms filed with the United States Securities and Exchange Commission (SEC) on Oct. 26. The company indicated …
It has been more than a year since El Salvador made history by becoming the first country to make bitcoin legal tender, and so far, 37-year-old resident Edgardo Acevedo has found the nationwide crypto experiment to be relatively anticlimactic. “I don’t think …
This youtuber is very solid with metals and Bitcoin Now he is worried that They want war Basically is claiming we are in a waiting zone now but things will pick up next Friday he is worried that West wants …
by confoundedinterest17 Wipe Out 2! In addition to global equities taking a massive hit, cryptocurrencies Bitcoin and Ethereum have fallen -72% since November 2021 as The Fed (aka, The Sugar Shack) tightens interest rates. Torquay!
by Chris Black NFT boils down to: Person 1: I own the real thing. Person 2: But I can copy it and save it to my computer and it looks the same. Person 1: But I own it and yours …