Fed Chair Jerome Powell Is Correct: Bitcoin Is In Competition With Gold, Not The Dollar

Follow Nikolaus On 𝕏 Here For Daily Posts Today, the Chairman of the Federal Reserve, Jerome Powell, said in an exclusive interview with CNBC that Bitcoin is in competition with gold, not the U.S. dollar. BREAKING: 🇺🇸 Fed Chair Jerome Powell says #Bitcoin is a competitor to gold, not the US dollar. pic.twitter.com/YQHFiThTBo — Bitcoin … Read more

$1.87B Bitcoin Withdrawals From Coinbase In 24H – What This Means To Price

Este artículo también está disponible en español. Bitcoin has been consolidating below the $100,000 level for twelve consecutive days, marking a pause in its recent historic rally. The aggressive surge since November 5 appears to be cooling off, with market attention gradually shifting toward altcoins. Despite the slowdown, Bitcoin remains a cornerstone of market strength, … Read more

Crypto Scam Collapses: Icomtech Founders Sentenced for Ponzi Scheme Fraud

David Brend and Gustavo Rodriguez, key figures in the cryptocurrency Ponzi scheme Icomtech, have been sentenced to 10 and eight years in prison, respectively, for defrauding thousands of investors. Icomtech falsely marketed itself as a crypto trading and mining company, promising guaranteed daily returns. Victims, lured by flashy events and promises of wealth, invested through … Read more

Solana Crash Warning as Support Collapses, Eyes on $200

Solana (SOL), the world’s fifth-biggest cryptocurrency by market cap, is poised for downside momentum as its daily chart flashes a warning sign. On December 3, 2024, the sentiment across the cryptocurrency landscape appears bearish, with assets struggling to gain momentum. Solana (SOL) Technical Analysis and Upcoming Levels Amid the price correction phase, Solana (SOL) has … Read more

Shiba Inu Burns Spike 7,418% In One Week

Este artículo también está disponible en español. Shiba Inu, the popular meme coin, has witnessed an extraordinary surge in its burn rate, with a staggering 7,418% increase and over 2 billion SHIB tokens burned over the past week. This significant reduction in circulating supply has ignited optimism among investors, especially with the Shiba Inu price … Read more

China Prepares for Western Sanctions With Russia’s Economic Blueprint

China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign reserve diversification to sanctions evasion tactics like shadow fleets and alternate trade routes. Chinese … Read more