Balaji Srinivasan loses $1 million bet on fiat economy collapse
The former Coinbase CTO Balaji Srinivasan prematurely conceded his defeat in the bet on Bitcoin reaching $1 million by June 17.The branch of economics studying the behavior and performance of an economy as a whole.
Balaji Srinivasan loses $1 million bet on fiat economy collapse
The former Coinbase CTO Balaji Srinivasan prematurely conceded his defeat in the bet on Bitcoin reaching $1 million by June 17.
US inflation slows; Bitcoin nears $30,500
The year-on-year rise in consumer prices in March slowed from 6% to 5%, and the monthly rate from 0.4% to 0.1%. After the data were published, Bitcoin jumped to its highest level since June 2022, nearing $30,500.
Fed raises policy rate; Bitcoin holds above $28,000
On Wednesday, March 22, the U.S. Federal Reserve raised the target range of the federal funds rate by 25 basis points to 4.75-5%.
Experts point to bitcoin’s appeal amid banking crisis
Turbulence in the banking system has led to a shift in investors’ views of safe assets. Custodia Bank CEO Caitlin Long told CNBC that more market participants now regard bitcoin as such.
Expert says gold and Bitcoin are a hedge against the collapse of traditional finance
Gold and bitcoin stored on a non-custodial wallet will help insure against the collapse of fiat money, according to Ari Paul, founder of the crypto fund BlockTower Capital.
Experts note Bitcoin’s transition into a bull market
Bitcoin's move to new highs this year has created the conditions for a quarterly bullish engulfing candle. Historically, this has preceded a strong rally, according to rektcapital.
Stock market fears Credit Suisse collapse; Bitcoin remains resilient
On March 15, shares of one of Europe’s largest investment banks — Credit Suisse — fell more than 15% (intraday from ATH down to 98%). However, the bank's troubles did not significantly affect the cryptocurrency market.
U.S. inflation broadly met expectations; Bitcoin rose
A fresh U.S. CPI report broadly met market expectations. The cryptocurrency market reacted positively to the release.
Bitcoin tests $22,000 as Powell signals potential further Fed tightening
The Fed chair Jerome Powell, in a congressional testimony, said there is a high likelihood of further tightening of monetary policy.
Greed and recklessness: why the FTX collapse is being likened to the 2008 crisis
ForkLog remembered what preceded the Wall Street collapse, how events unfolded in 2008 and 2022, and compared regulators' responses and the consequences for those directly involved.We use cookies to improve the quality of our service.
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