Czech regulators tread softly on crypto oversight – POLITICO

Czech regulators tread softly on crypto oversight – POLITICO

Prague – In the Czech Republic, a suspected scam is prompting calls for regulators to take a hot new crypto product more seriously. When a high-profile advertising campaign run by a company called Xixoio began making huge promises to small investors last fall, some in the media and fintech world questioned whether the claims were … Read more

How China’s Property Market Could Trigger a Crypto Crash

How China's Property Market Could Trigger a Crypto Crash

Bitcoin and other cryptocurrencies were crashing on Monday amid a global sell-off in risky assets. The reason for the collapse appears to be the growing problems of the embattled real estate group China Evergrande Group. Bitcoin, the world’s largest cryptocurrency, fell 7% on Monday to around $44,000. Ethereum, the second largest cryptocurrency, is down 8% … Read more

Bitcoin (BTC) price slumps to 3-month low

Bitcoin (BTC) price slumps to 3-month low

Bitcoin plunged to a three-month low late Friday amid concerns about US monetary policy tightening and the internet shutdown in Kazakhstan, the world’s second-largest bitcoin mining hub. Bitcoin dropped below $41,000 to $4,0749.90 after 10:50 a.m. ET on Friday, reaching its lowest level since September 29, according to data from coin gauges. It was last … Read more

Bitcoin (BTC), other cryptocurrencies drop on hawkish Fed minutes

Bitcoin (BTC), other cryptocurrencies drop on hawkish Fed minutes

Bitcoin and other cryptocurrencies fell on Thursday as upbeat minutes from the Federal Reserve’s December meeting hit global risk assets. Bitcoin was trading at $43,225.10, down about 2% from the previous 24 hours, according to Coin Metrics data as of 4:00 PM ET. At one point it fell as low as $42,496, hitting its lowest … Read more

Stock Market Today: Tech Stocks Slipped as Bond Yields Spiked, Bitcoin Dipped

Stock Market Today: Tech Stocks Slipped as Bond Yields Spiked, Bitcoin Dipped

Technology shares were sold off again as bond yields rose on Friday, following the release of the December jobs report. Markets remain confident that the Fed will act quickly to raise interest rates. the Dow Jones Industrial Average It was basically flat and closed only 5 points lower, after the index fell 170 points on … Read more

Stock Market Today: Tech Stocks Recover, Bond Yields Rise, Bitcoin Slides

Stock Market Today: Tech Stocks Recover, Bond Yields Rise, Bitcoin Slides

Technology shares were recovering Thursday after selling off as bond yields soared to epidemic-era highs. In midday trading, the Dow Jones Industrial Average The index fell 102 points, or 0.3%, after the index fell 392 points, or more than 1%, on Wednesday. the Standard & Poor’s 500 It rose 0.1%, while heavy technology Nasdaq Composite … Read more

Bitcoin price could hit $100,000, says Goldman Sachs

Bitcoin price could hit $100,000, says Goldman Sachs

Jgood morning. Wall Street is notorious for being skeptical of cryptocurrencies, but there are some bullish expectations from Goldman Sachs regarding Bitcoin’s prospects. The bank said that the $100,000 price tag often touted by cryptocurrency advocates is a big possibility as it continues to gain market share from gold. Goldman said that while bitcoin’s consumption … Read more