Minutes from the Federal Reserve’s last meeting in December showed that officials discussed shrinking the central bank’s swollen $8.3 trillion balance sheet and raising interest rates sooner than expected. The central bank’s hawkish stance could help bitcoin outperform stocks this year. According to Bloomberg analyst Mike McGlone, who in the January edition of Bloomberg’s Crypto Outlook described the central bank’s […]

Nasdaq-listed blockchain infrastructure and technology firm BTCS has announced it will become the “first-ever” company listed on the exchange to offer a dividend payable in bitcoin to its shareholders. According to an announcement with the U.S. Securities and Exchange Commission (SEC), BTCS is set to pay a $0.05 per share dividend in bitcoin, based on the cryptocurrency’s price on its […]

Shares of Schnitzer Steel Industries, Inc. (SCHN) are down more than 12% Thursday morning after reporting first-quarter results, that missed analysts’ view. The company reported adjusted earnings of $1.58 per share in the first quarter. Analysts polled by Thomson Reuters expected earnings $1.76 per share. Net income in the first quarter increased to $47 million from $15 million last year. […]

Bitcoin has been getting a lot of criticism from skeptics, who in the usual fashion point out the possible pushback that the benchmark cryptocurrency is likely to face. Bitcoin’s failure to begin the year on a bullish note has been interpreted by cynics as a sign that the asset has reached its peak. Putting it in words was the popular […]

Bitcoin was founded 13 years ago and there are several facts that are shrouded in mystery. A popular misconception about the launch of the network are that the block reward for the genesis block was spendable but this is not the case. Since its launch, Bitcoin has achieved fame with a country using it as legal tender and several public […]