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Institutional Investors Reconsider Gold Amidst Bitcoin Price Crash 

J.P.Morgan analysts have revealed that the bitcoin (BTC) price dip witnessed in recent weeks has succeeded in weakening institutional investors’ appetite. The analysts note that there has been a considerable level of outflows from bitcoin funds while gold exchange-traded funds continue to see a decent level of inflows, according to reports on June 1, 2021.Read More дальше »

2021-6-3 17:00


Market Roundup: Bitcoin Weakens as $47,000 Level Sees Market Slump

Thursday sees a weakening bitcoin drop well below the $50,000 level as the entire market saw red before the weekend. The bearish sentiment could trigger more blood over the weekend.  Bitcoin took one day to turn from looking bullish and heading back over $50,000 towards $60,000, To look bearish as the price dropped over 7% … Continued The post Market Roundup: Bitcoin Weakens as $47,000 Level Sees Market Slump appeared first on BeInCrypto. дальше »

2021-3-5 23:23


Former Fed Governor Pins Bitcoin Rise on Weakening Dollar and Inadequate Monetary Policy 

Kevin Warsh, a one-time Bitcoin skeptic, appears to have softened his stance on the asset following the past few weeks of strong performances. Speaking with CNBC's Squawk Box, Warsh, a former Governor of the Federal Reserve, explained that the leading cryptocurrency had benefited largely from the slip in the dollar across last year. дальше »

2021-1-7 19:26


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Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US

Nigeria’s weakening naira currency, as well as the shortage of U. S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential equipment from abroad. дальше »

2020-8-22 00:00


As Mnuchin Backs More Stimulus, the Search for Returns Leads Investors to Bitcoin

The U.S. Secretary of the Treasury, Steve Mnuchin, backed plans to continue quantitative easing and suppress interest rates through 2022. As these factors further stress a weakening dollar, is it... The post As Mnuchin Backs More Stimulus, the Search for Returns Leads Investors to Bitcoin appeared first on Crypto Briefing. дальше »

2020-6-12 17:32