In March 2023, an annual report prepared by the Council of Economic Advisers was submitted to the United States Congress. The Economic Report of the President provides an overview of the nation’s economic progress during the previous year and the…
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Will Bitcoin Surprise Everyone with a New Record High?
Bitcoin has always been described as a store of value similar to precious metals, hence it is sometimes called digital gold. The bear market has been brutal to this cryptocurrency’s price and it has seen a drawdown of almost eighty…
The Truth About Bitcoin Decoupling from the Traditional Market
During its infancy, Bitcoin’s price action did not follow traditional markets. However, the increased interest from investors has paved the way for an apparent correlation between Bitcoin (BTC) and stocks. This has led to a situation where Bitcoin and other…
Bitcoin Price Falls Below $23,000 Because of Inflation and Options Expiry
Bitcoin Price (BTC) loses 9.3% of its value in the last three days dropping below US $23,000. On Tuesday the bureau of labor and statistics revealed the latest CPI data for Jan 2023. According to the data inflation in the…
Crypto Executive Do Kwon Charged by SEC of Misappropriating Funds to Buy 10,000 Bitcoin
Do Kwon, a South Korean blockchain entrepreneur and co-founder of the Terra blockchain platform, has been accused by the U.S. Securities and Exchange Commission (SEC) of conducting an illegal securities offering and misappropriating funds. Dodgy ICO and Stolen Investor Funds…
ChatGPT Bitcoin Rap Song is Catchy and Awesome !
If you’ve been living under a rock, there’s this thing known as ChatGpt. ChatGPT is a conversational AI language model developed by OpenAI. The model is based on the transformer architecture, which is a deep learning architecture that has proven…
These four factors are contributing to the current price of Bitcoin
Bitcoin printed the big green monthly candle of January with a crazy gain of 43%. Bitcoin recorded the highest monthly ROI after 14 months and 49% YTD. A lot of factors participated in this rally and I will be covering…
Former Coinbase Executive Admits to Insider Trading Scheme
A former product manager of Coinbase Global Inc., Ishan Wahi, pleaded guilty in what is being considered the first-ever insider trading case related to cryptocurrency. The 32-year-old appeared in a federal court in Manhattan and pleaded guilty to two counts…
Cardano Considers Two-Sided Approach to Staking with Hoskinson’s Contingent Staking Model
As Sec Boss Gary Gensler reigns in on noncompliance in the crypto space, Cardano founder Charles Hoskinson has touted a model of operation that could save the industry from legal trouble. Contingent Staking The model by Hoskinson proposes a new…
Walmart and Sam’s Club venture into the future of finance with NFT and Cryptocurrency Trademark Filings”
Sam’s Club, a subsidiary of Walmart, has taken a major step in exploring the potential of blockchain technology. The company has filed several patents related to cryptocurrencies, non-fungible tokens (NFTs), and virtual reality. This move shows that the company is…