Tag Archives: Bitcoin News

Ray Dalio – the founder of Bridgewater Associates – says the financial system so many people have become familiar with is in dire straits and in danger of collapsing. He’s now pushing his interest in bitcoin aside and supporting a new inflation-linked crypto he thinks would be much safer to use. Ray Dalio On BTC: It’s Not Reliable In a recent interview, he stated bitcoin cannot be tied to anything, and that the idea that it works as a hedge against inflation is a joke....

The United Kingdom and its finance ministry is planning to lay the groundwork for new digital currency regulations following the collapse of popular digital currency exchange FTX. The United Kingdom Doesn’t Want Another FTX in the Books Financial Services Minister Andrew Griffith commented in a recent interview: Our view is that this reinforces the case for clear, effective, timely regulation and proactive engagement with [the] industry. This includes a proposal to bring...

A woman living in New York City is being accused of using crypto to fund a terrorist organization in Syria. 43-year-old Victoria Jacobs – who also operates under the alias Bakhrom Talipov – is now being charged with terrorism herself, along with money laundering and various other crimes. Victoria Jacobs Is in Big Trouble Jacobs is believed to have given the money to a group called Hay’at Tahrir al-Sham, a foreign terrorist organization currently designated as such by the...

Cathie Wood of Ark Investment Management said that she feels bitcoin – the world’s number one digital currency by market capitalization – could wind up hitting a price of $1.5 million by the year 2030. Cathie Wood Is Predicting Big Things for BTC This is a tad different from the comments she made in early January of this year. During that time, Wood was confident that bitcoin would only reach a price of $1 million by the year 2030. Now, it looks like she’s upping the...

Bitcoin incurred a bit of a fall at the end of January after it was revealed that the Federal Reserve was going to potentially enforce another small rate hike. Everyone was on edge after the ongoing debacle that was 2022, and it was believed that the digital currency arena was going to be hit hard by the Fed’s actions, thus causing more turmoil. The Federal Reserve May Hike Rates Again At the time, bitcoin fell from about $23,000 – which it had struck just weeks before –...

European basketball team the London Lions has aligned itself with Bit Pay and formed a joint partnership with the crypto platform. The purpose? To allow fans to purchase both tickets and merchandise surrounding the team with crypto assets. The London Lions Have Jumped Into Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on...

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2023 is slated to be – according to various analysts – the year in which bitcoin and the crypto market heal themselves, but per Galaxy Digital CEO Mike Novogratz, things aren’t going to work out that way. Mike Novogratz: Not Much Will Happen This Year The bitcoin bull says that while 2023 will open the door to some of the healing these analysts expect to see, we aren’t going to witness any serious bull runs, nor will the digital asset space endure serious levels of...

Bitcoin has been incurring some price spikes over the past few weeks that have caused crypto to jump back onto the financial map like it never did in 2022. However, the space has been delivered a blow now that the Federal Reserve has denied the application of crypto bank Custodia to be a member of the official Fed system. The Fed and Custodia Are Again Duking It Out The agency warned that the organization suffers from “safety and soundness risks” and thus is not in good...

Bitcoin price started a fresh decline from the $25,200 zone against the US Dollar. The price is now trading above $24,000 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $24,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $23,400 support zone. Bitcoin price is declining below $24,500 against the US Dollar. BTC might eye...