The volatile but never boring market for Bitcoin (BTC) has been whipsawed in recent days, as investors ponder whether there are better returns to be had in other cryptocurrencies, even as a new COVID-19 variant and the Federal Reserve’s policy outlook shake up the landscape. With news of the Omicron strain of COVID-19 unsettling investors, Bitcoin shed over 2% on Tuesday as Fed Chairman Jerome Powell dropped several hints that the central bank is growing more attentive to inflationary risks,… Source link
Read More »An $8,000 bet on shiba inu coin allowed a warehouse manager to retire after the meme coin’s stunning rally, report says
Shiba Inu dog. AP Photo/Shizuo Kambayashi A 35-year-old former supermarket warehouse manager who made an $8,000 bet on shiba inu at the start of the year is now enjoying his retirement thanks to the meme coin’s stunning rally. Rob, who is from northern England, told Fortune he dabbled in cryptocurrencies to supplement his $68,000 yearly salary so he could create a better life for his partner and their son. Unexpectedly, he came across shiba inu, which was founded in August 2020. And upon… Source link
Read More »China’s crypto ban puts spotlight on central banks putting their own spin on digital coins
Earlier this month, Benoit Coeure, a well-known central bank policymaker, sounded an alarm for central banks to act now on minting their own central bank digital currencies (CBDCs). In a speech, the former European Central Bank economist who leads innovation at the Bank of International Settlements (BIS) warned that rapidly mushrooming cryptocurrencies will challenge the business models of international banking — if monetary authorities don’t quickly act. As China moved on Friday to… Source link
Read More »Bitcoin Plunges Along With Other Coins
GlobeNewswire Black Friday & Cyber Monday Hisense TV Deals (2020): 43, 55, & 65 Inch 4K Smart TVs & More Sales Rounded Up by Saver Trends Hisense TV deals for Black Friday & Cyber Monday 2020, including Laser projector TVs, Roku TVs & more savings Find the latest Hisense TV deals for Black Friday & Cyber Monday, including the latest 4K Roku TV with Dolby Vision and full HD Android TV sales. Browse the latest deals in the list below.Best Hisense TV Deals: * Save up to 52% on a wide range of… Source link
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