Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’

The World Economic Forum (WEF) — together with some of the world's major central banks — has created a central bank digital currency (CBDC) policymaker toolkit.According to an announcement  on Jan. 22, the toolkit is the WEF's attempt to help policy-makers understand whether deploying a CBDC would be advantageous and guide them through its design.The…

An about turn and fresh turmoil for macro would play to Bitcoin's strengths, argues Mike McGlone. 948 Total views 16 Total shares $100,000 Bitcoin (BTC) and $2,000 gold could greet 2022 as global markets face “deflationary forces,” says Bloomberg Intelligence.In a tweet on Dec. 9, Mick McGlone, a senior commodity strategist at Bloomberg’s research arm,…

The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.

Bitcoin (BTC) created another milestone today when the price breached the $50,000 barrier. Bitcoin has now risen about 1,230% from a low of $3,803.58 on March 13 of last year to a new all-time high at $50,622 today. This rally has been led by strong institutional demand that is showing no signs of stopping. MicroStrategy…

Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin. 481 Total views 7 Total shares On the latest episode of Macro Markets, analyst Marcel Pechman explains the impacts of the United States Federal Reserve’s balance sheet, breaking down how the Fed inflated…

The upcoming Ethereum (ETH) Merge is one of the most talked about developments in the cryptocurrency ecosystem as the world’s second-largest cryptocurrency by market cap undergoes the difficult transition from proof-of-work (PoW) to proof-of-stake (PoS). One protocol whose fate is largely tied to the successful completion of the Merge is Lido DAO (LDO), a liquid staking…

Google said that generative AI streamlines search functions, enabling individuals to discover novel perspectives and insights more effortlessly. 216 Total views 1 Total shares Google introduced a series of enhancements to its search engine on Aug. 15, incorporating advanced generative artificial intelligence (AI) features it says will enhance online information discovery and comprehension.The recent update…

On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump.