Long before the days of the Internet or smartphones, I’d fly to New York and switch on the hotel TV in a jet-lagged stupor. Like all visiting Brits, I was amazed to find a hundred or more channels running 24/7. Back home there were only four. We had commercial television, but not this commercial. You hardly noticed the shows between […]

Ethereum has made a considerable recovery from the drop in price earlier in the week. The losses followed a rejection from highs above $2,000. It became difficult to stop the bearish leg because the declines were widespread in the market, led by Bitcoin’s slump to $45,000. Meanwhile, Ethereum is trading marginally above $1,600. Price action on Tuesday saw Ethereum recover […]

Bitcoin price started an upside correction above the $48,000 and $50,000 levels against the US Dollar. BTC is now consolidating above $50,000, but it could face a major hurdle near $52,000. Bitcoin recovered nicely and it even managed to settle above the $50,000 resistance level. The price is facing a strong resistance near $52,000 and the 100 hourly simple moving […]

Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth. ● Speaking in the National Assembly on Feb. 23, Lee forecast that bitcoin (BTC) will see increased price swings going forward, the local news agency Yonhap reported. ● “It is very […]

Bitcoin has been doing extremely well for the past nine months. The currency really came to fruition during the initial time of the coronavirus pandemic, and it has been on a serious roll ever since, recently striking a new high of roughly $56,000 per unit. However, despite all the glitz and glam the currency has been attaining, financial giant JPMorgan […]

Meltem Demirors – chief strategy officer at digital asset investment firm Coin Shares – stated in a recent interview that all those who are quickly investing in bitcoin are late to the crypto party. Meltem Demirors: You Needed to Invest in BTC Yesterday During a discussion with CNBC, Demirors commented that one of the primary reasons many have not invested […]

UPDATED 3:20 PM EST: This article has been updated to reflect that all Federal Reserve Bank Services with the exception of Account Services are now back online.  Nearly all of the services available through the Federal Reserve’s online portal went down for more than an hour today.  According to the Federal Reserve Bank Services website, the bank is currently experiencing a disruption in its Check […]

Oh, Elon Musk… You just can’t seem to make up your mind, can you? One minute, you’re all over bitcoin and investing billions of dollars in the world’s number one digital currency by market cap. The next minute, you’re saying something that doesn’t work well for the asset and every trader – yourself included – winds up experiencing some level […]

LONDON — The boss of European fintech giant Klarna says he's "deeply worried" about posts promoting bitcoin on Twitter and thinks regulators should act to protect people from potential losses. Sebastian Siemiatkowski told CNBC that, though he thinks bitcoin could be an "interesting technology," he fears retail investors may get drawn in by tweets urging people to buy the cryptocurrency […]