Bitcoin plunged by more than $3,000 after establishing a record high on Tuesday, stoking concerns about an extended price decline on growing profit-taking sentiment. Nevertheless, the flagship cryptocurrency discovered a substantial interim support range above…

U.S. Representative Patrick McHenry is pro-bitcoin. He is now hosting the Bitcoin whitepaper on his official congressional website and has called on other lawmakers to embrace innovation like Bitcoin. He believes that the cryptocurrency is…

Bitcoin and global equities are trading lower, while the anti-risk U.S. dollar is climbing ahead of a U.S. Federal Reserve meeting later today that may inject volatility into financial markets. The number-one cryptocurrency by market…

Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual…

Oaktree Capital co-founder Howard Marks is warming up to cryptocurrency. Once a crypto skeptic, he now says “thankfully” his son is “quite positive on bitcoin” and “owns a meaningful amount for our family.” Howard Marks…

Bitcoin logged its worst plunge since March in the previous three sessions, stoking concerns among traders that its overheated price rally is beginning to lose steam. The flagship cryptocurrency plunged 5.18 percent during the weekend…

A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan Bank is looking to offer digital asset custody services. Bank…

Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media…

After successfully launched a bitcoin exchange-traded product in Europe, Vaneck has now filed a new proposal for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Under former chairman Jay Clayton,…

What happens when a cryptocurrency once been positioned as a regulator-friendly alternative to bitcoin gets heat from regulators? Exchanges that trade XRP are about to find out. U.S.-based cryptocurrency exchanges have to consider whether to…

Bitcoin (BTC) was little changed, with prices appearing unable to hold levels above $24,000.  “Bitcoin has moved vertically for a few weeks now and pullbacks will happen,” the Norwegian cryptocurrency-analysis firm Arcane Research wrote Tuesday in a…

I had a remarkably good year as an industry analyst – a term I prefer to “expert.” Almost no one in crypto is an expert, to be fair. So many things change every month.  Last…

The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not…

Listen To This Episode: The dynamic duo of “Fed Watch” is back in another episode. This time, Christian Keroles and I walk through policy updates from the three major central banks of the world, the…

Bitcoin prices edged higher on Wednesday as traders pinned hopes on the ongoing stimulus talks and fresh guidance from the Federal Reserve. The flagship cryptocurrency rose up to 2.18 percent to $19,866, its best level…

Bitcoin flipped into positive territory ahead of the New York opening bell, tracking US stock futures’ gains as investors pinned hopes on Washington’s economic relief package. The benchmark cryptocurrency jumped 1.48 percent from its Asian…

The end of 2020 has been lighting up crypto-centric subreddits and feeds of Bitcoin hodlers as the appetite for the digital bullion reaches an all-time high. The explosion has been accelerated via the adoption of…

As bitcoin the asset eclipses all-time price and market cap highs, and Bitcoin the decentralized network continues to prove its value proposition as an alternative to fundamental issues within the legacy system, waves of investors…

Reports have emerged throughout the week that the United States dollar has reached its lowest point in more than two and a half years. The social, political and macro-economic consequences of prolonged weakness in the dollar…

Reports have emerged throughout the week the United States dollar has reached its lowest point in more than two and a half years. The social, political, and macro-economic consequences of prolonged weakness in the dollar could…

Bitcoin dropped on Tuesday, with its bull run foreshadowed briefly by short-term profit seekers. The benchmark cryptocurrency plunged almost 1.5 percent to $19,385 ahead of the New York opening bell, suggesting that traders secured their…

Bitcoin rose Wednesday, right ahead of the release of the Federal Open Market Committee’s minutes from their November meeting. The benchmark cryptocurrency climbed 0.13 percent to $19,198, with its rally slowing down as traders weighted…

Bitcoin rallied to over $19,000 in the same week that saw President-elect Joe Biden’s decision to appoint Keynesian economist Jenet Yellen as the next US Treasury Secretary. Anthony Pompliano, the co-founder/partner at New York-based Morgan…

A Citibank managing director thinks bitcoin could hit $318,000. MIT researchers resoundingly reject blockchain-based voting. And Bitcoin Cash’s latest fork looks set to fail. Top shelf Technical comparison?A Citibank executive published a report predicting that…

Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent. The move briefly pushed the…

This week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC). A pivotal player here is the United…

This week the U.K.’s Financial Conduct Authority (FCA), which regulates the country’s financial services, issued a ban on the sale of crypto derivatives and ETNs to retail investors.  While this may not seem particularly material…

According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics…

Bitcoin could hit a new year-to-date (YTD) high, abetted in part by the risks surrounding the US presidential election. The analogy takes cues from a quarterly commodity outlook published by Citigroup. The American banking giant…

Some say that meaningful change happens gradually. Others insist it erupts unexpectedly. This week, we saw that both are true.  Earlier this week, the Wyoming Banking Board voted to approve the application from San Francisco-based…

Every time the Federal Reserve meets, it’s important to remember that the only real monetary policy tradition at the 107-year-old institution is that a bunch of people will get together and talk about markets and the economy and…

A bitcoin investment scheme called “Bitcoin Revolution South Africa” has been gaining much attention lately. Promoters claim that famous South Africans endorse this platform, including mining billionaire Patrice Motsepe, comedian and actor Trevor Noah, and…

South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the…

All eyes are on Ethereum this week as DeFi continues to drive the market higher. The second-largest cryptocurrency has now reclaimed $400 while the total market cap has surged to its highest levels since May…

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates…

This week was quite eventful for crypto and traditional markets and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path.  Before…