The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
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JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum
Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to
Read moreUS election outcome won’t slow Q4 Bitcoin rally, says hedge fund
Neither US party has attempted to adequately address the country’s spiraling debt and deficit problem, which will play into Bitcoin’s hands post-election, says a hedge
Read moreBitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs
Bitcoin’s monthly close could reverse a 6-month-long downtrend and signal traders’ intent to push BTC price to new highs.
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Cryptocurrency Purchases Soar in Brazil: $12.37 Billion Spent YTD
According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These
Read moreBitcoin is pinned below $65K but several market structure-altering factors are at play
Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory.
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