A dollar invested into Bitcoin every month since December 2017 has provided investors a cumulative return of $160. Bitcoin (BTC) has declined by more than 55% six months after it reached its record high of $69,000 in November 2021. The massive drop has left investors in a predicament about whether they should buy BTC when … Read more
The macro picture in Europe looks bearish and as the Federal Reserve signals continued hawkish stance, bitcoin provides a hopeful path forward. Watch This Episode On YouTube or Rumble Listen To The Episode Here: Apple Spotify Google Libsyn Overcast In this episode of the “Fed Watch” podcast, due to popular demand, I welcome Tom Luongo … Read more
Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study.” Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair for supervision at the … Read more
A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off. Technical analysis suggests that a recent uptrend in the price of Aave (AAVE) is showing signs of exhaustion based on early development of a classic bearish reversal pattern. Is AAVE headed to $70? Dubbed … Read more
Knowing that I control my money is a type of peace of mind that cannot be provided by a fully “stable” monetary good controlled by central bankers. The below is a direct excerpt of Marty’s Bent Issue #1210: “Bitcoin gives you control. That’s the fundamental value.” Sign up for the newsletter here. (Source) We’re at … Read more
Ben Bernanke – former chairman of the U.S. Federal Reserve – does not believe Bitcoin or other cryptocurrencies can succeed as an alternative money. He claims their prices are too volatile to serve as a practical means of exchange and lack the underlying use cases to serve as stores of value. Bitcoin is for Criminals, … Read more
In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member until 2028. The United States Senate has confirmed the nomination of Jerome Powell as the chair of the board of governors of the Federal Reserve … Read more
In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally. Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy … Read more
Bitcoin’s price revisited early 2021 levels on Wednesday as the currency struggled to maintain the $30,000 zone. Bitcoin extended losses to reach levels last seen in January 2021 on Wednesday amid a broader market sell-off. The peer-to-peer digital currency struggled to hold the $30,000 level throughout the day as U.S. inflation levels were reported above … Read more
Understanding the monetary system is foundational to seeing what’s wrong with the current system and to have a true grasp of Bitcoin and its importance. “If you want to make an apple pie from scratch, you must first invent the universe.” – Carl Sagan Among the first objections that arise for anyone who has just … Read more