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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...

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Sam Bankman-Fried – the man behind now failed digital currency exchange FTX – has been arrested while stationed in the Bahamas and is being extradited to the United States, where he will face criminal charges after they were filed in a New York court. Sam Bankman-Fried Is Heading to an American Jail The criminal charges come by way of the Department of Justice (DOJ), though now the Securities and Exchange Commission (SEC) is filing its own civil suit against the...

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