Tag Archives: Bitcoin News

Shaktikanta Das – the governor of India’s central bank – says that the 2008 financial crisis could happen all over again if people don’t start cracking down on the world’s leading digital currencies. He says another financial disaster is right around the corner, and a lot of it will likely be attributed to bitcoin and its altcoin cousins. Shaktikanta Das Is Not a Crypto Fan In a recent interview, Das said: Our view is that it should be prohibited because if you try to...

1.) Crypto.com CEO announces 20% staff cut, ‚did not account‘ for FTX collapse„While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate ongoing economic headwinds. “https://cointelegraph.com/news/crypto-com-ceo-announces-20-staff-cut-did-not-account-for-ftx-collapse 2.) Miss El Salvador Features Bitcoin in Miss Universe...

There is good news and bad news surrounding bitcoin. The good news is that its next major rally is believed to be about six months away according to analyst Katie Stockton. The bad news is that the world’s number one digital currency by market cap is likely to endure a few more hectic drops before this rally occurs. In fact, she is confident that at one point, bitcoin will fall below the $14K mark. Katie Stockton on the Fate of Bitcoin We are now in the early stages of...

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Senator Sherrod Brown – an Ohio democrat – says he thinks agencies such as the Fed need to examine bitcoin following the collapse of the FTX exchange and possibly ban it to make sure that what happened with the trading platform never happens again. Senator Sherrod Brown Thinks We Should Do Away with BTC As the chairman of the Senate Banking, Housing, and Urban Affairs Committee, Brown said the Treasury and all other financial agencies in the U.S. need to work together to...

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Renowned chess master Garry Kasparov has always been a big supporter of and believer in bitcoin despite its price having fallen so much. Garry Kasparov Gives His Thoughts on BTC In a recent interview, Kasparov talked about how he believed that the fusion of charitable acts and current technology could potentially help bring about new policies for delivering human rights to victimized parties and for helping the fight for freedom. He said: You know, I don’t pretend to be...

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Bitcoin, Ethereum, and other digital currencies hit rock bottom in 2022. Many of them crashed and experienced dips of 70 percent or more. Now, BlackRock – a famed investing firm – has stated that many assets and businesses that have moved in tandem with bitcoin and crypto are not likely to heal in the coming months, and that the Federal Reserve will not come to the rescue like they have with rate hikes. BlackRock Predicts Gloom and Doom for 2023 With talk of recession...

Bitcoin had an extremely rough year in 2022. The price crashed, and the asset lost more than 70 percent of its value. Nothing could have prepared us for such a dramatic decline in the standing of the world’s largest and most popular digital currency, and yet there are some – such as venture capitalist Tim Draper – that refuse to give up on it. Tim Draper Still Loves BTC In a recent interview, Draper stated that 2023 will be the year in which bitcoin reaches a whopping...