Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis
Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance.This post was originally published on this site
Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown
BTC price attempts to break towards the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls.This post was originally published on this site
Study Finds El Salvador Remains One of the Countries Most Interested in Bitcoin
A recent study that examined the interest of several countries in bitcoin and crypto ranked El Salvador as second for having the most interest in the issue. While the U.S. was still ranked first, El Salvador’s high rank comes amidst criticism President Nayib Bukele has drawn from Salvadorans for his push for bitcoin adoption. El […]
Binance Bans Russians From P2P Transactions With Dollars and Euros
Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US Dollar and Euro Transactions for Russians on Its P2P Market The world’s largest crypto […]
Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’
During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the money supply is officially contracting.” This has only happened four times in the last […]
Bitcoin clings to $22K as US dollar strength rises to December levels — What’s next?
Bitcoin threatens to remove $22,000 as support as BTC price suffers against a booming DXY.This post was originally published on this site
How does the U.S. Dollar Index (DXY) impact cryptocurrencies? Watch Macro Markets
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Dollar Index (DXY) impacts cryptocurrencies.This post was originally published on this site
A ‘snap back’ to $20K? 5 things to know in Bitcoin this week
Bitcoin sees split opinions as major $25,000 resistance combines with early signs that all is not well with the BTC price rally.This post was originally published on this site
Bitcoin price eyes $23K despite US dollar strength hitting 6-week high
The U.S. dollar index (DXY) is gaining ground more rapidly than Bitcoin after fresh economic data surprises from Washington.This post was originally published on this site
3 reasons why Binance’s BNB token risks sliding further by March
A slew of technical, fundamental, and on-chain indicators hint at more pain for BNB price in February. This post was originally published on this site