Vice President Kamala Harris presented a proposal to regulate cryptocurrencies with the goal of supporting women and men of African American descent, as reflected in the “Opportunity Agenda for Black Men.” This agenda inform that more than 20% of African Americans own or have owned bitcoin and cryptocurrencies. As indicated, the presidential candidate also positively … Read more
An inorganic emission of money causes greater devaluation of the currency. This excess liquidity could be transferred to assets such as bitcoin in search of protecting capital. Alarms are raised about a possible new wave of inflation after data is released on the growth of money in circulation in the US economy, which has reached … Read more
Various events are expected this week that could contribute to the rise of bitcoin (BTC) or hinder it, depending on its development. Every day of the week, except Wednesdaythere will be speeches from different Federal Reserve officials (Fed), Central Bank of the United States. Although Jerome Powell, the president of the organization, will not appear, … Read more
In October, inflation expectations among US consumers for the next 5 to 10 years reached 7.1%, the highest level in more than 40 years. This figure is has duplicated in a few months, reflecting the University of Michigan Consumer Survey. Historically, inflation expectations have hovered around 3% over the past three years, marking a significant … Read more
El Salvador launches buyback offer for its foreign debt. With criticism and memes, this is how the bitcoin community reacted to the HBO documentary. Bitcoin (BTC) experienced a rise and fall that led its value to fluctuate between $59,000 and $64,000 throughout the week. The inflation announcements made in the United States caused the price … Read more
A derivatives platform, regulated by the CFTC, will launch XRP futures. The lawsuit seeks to protect the industry from the SEC’s excess authority. Cryptocurrency derivatives exchange Bitnomial is taking the US Securities and Exchange Commission (SEC) to court, accusing it of overextending its jurisdiction by claiming that the XRP token, issued by the company Ripple, … Read more
Ripple wants to make sure “nothing is left on the table.” They hope that the Court of Appeals will “put a stake in the heart” of Gary Gensler’s actions. In a calculated response, Ripple Labs through its chief legal officer Stuart Alderoty, has today filed a counterclaim against the United States Securities and Exchange Commission … Read more
Inflation data from the United States, the world’s main financial power, usually impact the operations of various markets. For this reason, high volatility is expected in assets, including bitcoin (BTC), with the consumer price index (CPI) to be published today. The report will be released at 12:30 PM (UTC). The expectations, according to the specialized … Read more
BTC will perform well in the long term regardless of the outcome, analysts say. “A Trump victory would be incrementally positive for the bitcoin market,” they wrote. Analysts at research and brokerage firm Bernstein, Gautam Chhugani, Mahika Sapra and Sanskar Chindalia, sent a note to clients on Wednesday projecting that the price of bitcoin could … Read more
Canary and Bitwise are seeking approval from the regulatory body, the SEC. For a long time, XRP was classified as an unregistered security. Two companies are in the race to launch an exchange-traded fund (ETF) based on the spot price of XRP, a cryptocurrency issued by Ripple Labs. Investment firm Canary Capital joined Bitwise in … Read more