Markets

Ray Dalio – founder of Bridgewater Associates – doubts Bitcoin’s ability to work as money, and thinks it receives outsized attention compared to the size of its market cap.  That said, the billionaire believes the existing monetary system is “in jeopardy,” due to excessive money printing by central banks globally.   Bitcoin: Not Related to Anything In an interview with CNBC’s Squawk Box on Thursday, Dalio said that while Bitcoin has accomplished “amazing” things over the past...

Crypto broker Voyager – which was one of many crypto firms to enter bankruptcy proceedings in 2022 – has been given approval by a court to sell some of its assets to Binance (a larger crypto exchange and its primary competitor) for about $1 billion. Voyager Can Sell Its Assets to the Exchange The goal is to get back at least some of the money owed to customers. Several clients saw their money tied up in the crypto platform once the bankruptcy process began. Since that...

Mark Wahlberg’s production company – Urealistic Ideas – reportedly partnered with the media outlet – Fortune – to release a documentary revealing the controversial relationship between Sam Bankman-Fried (SBF) and Changpeng Zhao (CZ). The FTX crash caused a clash between the two, who accused each other of the catastrophic event. Making a Movie out of the Saga According to The Hollywood Reporter, broad society might soon watch a documentary depicting the spat between FTX’s...

[PRESS RELEASE – Please Read Disclaimer] Bitget continues to make copy trading more accessible to cryptocurrency enthusiasts. Their new One-Click Copy Trading product, helps novice users take cues from experienced traders. Leading cryptocurrency exchange Bitget has built strong momentum by supporting cryptotrading. As a result, users can trade cryptocurrency in a secure environment and benefit from 24/7 multilingual customer service, among other benefits. Bitget was the first...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

EOS price started a fresh increase from the $1.00 support against the US Dollar. The price is now trading above $1.02 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.060 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.10 and $1.12 resistance levels. EOS price is rising above $1.02 against the US Dollar, similar to bitcoin. The price...