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American lawmakers on the House Financial Services Committee sent a series of questions to Federal Reserve Chairman Jerome Powell this week regarding whether the nation’s central banking system had any plans to launch a digital dollar, namely a cryptocurrency. Those lawmakers were U.S. Representati..
Taxes. The one word that can kill any buzz in seconds flat. Whether you’re a libertarian ranting about how taxation is theft or one of those fabled creatures who is actually happy to file them as their so-called civic duty, one fact remains: those who don’t give the government a bite — or make mista..
A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think the recen..
Bitcoin has survived its first US FED interest rate cut and actually got a boost from it as many had predicted. The king of crypto has managed to climb back into five figures which has lifted cryptocurrency markets during the morning’s trading session. Bitcoin Price Taps $10,175 A few hours ago BTC..
Bitcoin has been consolidating for most of the week, range bound between $10.2k and $9.6k. The monthly trend is still down but some industry experts foresee renewed action this weekend as fundamentals in the US could play a part. Bitcoin Back Over Five Figures BTC has made a few gains to keep it ba..
The crypto community is still reacting to US Treasury Secretary Steve Mnuchin’s recent commentary on bitcoin and its brethren. The asset itself reacted strongly with a 6% pump on the day and many have taken the positives from the speech, some claiming that it is ‘wildly bullish’. Mnuchin: Bitcoin a..
The U.S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in September as federal cash is running out. Though this scenario has played out many times before, it takes on special significance now in light of p..
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most ..