Bitcoin ‘gives back gains’ after FED comments ‘add downside risks’ to Crypto Markets
Following the Federal Reserve’s aggressive statements, analysts expect more weakening in BTC and altcoins. The price of Bitcoin (BTC) continues to provide contradictory signals, increasing investor anxiety and severely influencing asset values throughout the market. BTC price is trapped below $36,000, according to data from Cointelegraph Markets Pro and TradingView, and despite a small relief […]
China Calls for Calm From U.S. on Ukraine
China advised the US and its allies not to “hype up the crisis” around Ukraine, where Russia has positioned tens of thousands of troops along the border, just days before Russian President Vladimir Putin visits in Beijing for a summit meeting with Chinese leader Xi Jinping. Wang Yi, China’s foreign minister, told U.S. According to […]
White House Wants Crypto Rules as a Matter of National Security
As a matter of national security, the White House wants crypto rules. According to various sources, the White House intends to establish a unified set of laws to govern Bitcoin and cryptocurrencies, as present legislation and enforcement are dispersed among industries and agencies. Bloomberg originally reported that the Biden administration will issue an executive order […]
U.S. Economy Grows as Fourth-Quarter GDP Shows Strongest Year in Decades
As the country recovered fast from the pandemic-induced recession, the US economy expanded at a 6.9% annual pace in the fourth quarter of last year, concluding the best year of growth in nearly four decades. However, experts think that recent expansion has hit stumbling blocks, which might result in more moderate growth this year. The […]