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Bitcoin has taken a nasty hit in recent days. The world’s number one digital currency by market cap – which was previously trading in the $58,000 and $59,000 ranges –...
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Over the past several months, the Federal Reserve has been purchasing many leading assets as a means of keeping the U.S. economy somewhat stable during the coronavirus pandemic. This overspending...
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The Federal Reserve has unveiled its annual “Survey of Consumer Choice,” and according to the survey results, many people still don’t have the knowledge they need to work with bitcoin....
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Many have gone back and forth regarding how to classify bitcoin. Is it money? Is it simply a speculative asset? How can it be used, and what are most people...
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It looks like bitcoin may have been hovering at around $10K all over again, though at the time of writing, it has failed to cross that mark. In fact, the...
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Many people are comparing bitcoin favorably to the centralized banking system of the United States following an interview on “60 Minutes” with U.S. Federal Reserve chairman Jerome Powell. Jerome Powell:...
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Federal Reserve chair Janet Yellen has spoken out against bitcoin, arguing that it’s a ‘highly speculative asset’ that isn’t a stable source of value. Yellen made her comments about the...
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Most people are well aware of what Ripple is trying to achieve. Addressing the many issues and flaws in the banking sector is a major challenge. So far, the company...
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One of the top Federal Reserve officials has resigned from his post effectively immediately. This news comes as quite a surprise to the financial sector, even though it is not...