Tag: economy

The Fed’s vice chair for supervision said that the central bank does not want to curb innovation but ensure that regulations protect households and the financial system. The United States Federal Reserve is set to create a “specialized team of experts” to keep up with developments in the cryptocurrency industry, according to a Fed official,…

Bitcoin nearly broke its record for the longest streak of daily green price candles this month, but many believe its recent surge could be short-lived. While Bitcoin (BTC) has experienced a strong price pump to kick off the new year, many industry pundits are not convinced the cryptocurrency will continue its upward trajectory — at least in…

The crypto market is down today after the U.S. government cracks down on Bitzlato and stocks begin to give back some of their gains from the start of the year. The crypto market is down today, as a slew of negative news events weigh on Bitcoin, Ether and altcoin prices. After jumping to yearly highs,…

Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear. Undoubtedly, 2022 was one of the worst years for Bitcoin buyers, primarily because the asset’s price dropped by 65%. While there were some explicit reasons for the…

Turmoil in the crypto sector in 2022 will see the tech change hands to “more regulated and established institutions,” says Circle’s chief strategy officer. Circle’s chief strategy officer and head of global policy, Dante Disparte, believes that the turmoil in the crypto sector over the last year could mark the handover of crypto technology to…

The unprecedented current economic situation seems to increasingly prove numerous analysts’ predictions and forecasts of market behavior wrong. Let’s take a look at what is happening at the macroeconomic level and how it affects the crypto market. As you may recall, the emergence of Bitcoin (and therefore all cryptocurrencies) was a response to the financial…