Burry highlights the deteriorating situation in the white-collar workforce. The Fed has used the robustness of the job market to allay recession concerns. Inflation has devastated economies throughout the world. The macroeconomic situation will deteriorate as predicted by Michael Burry, an experienced investor and the founder of Scion Capital. Burry
This plainly demonstrates that Bitcoin investors continue to be exceedingly cautious. The BTC Fear and Greed Index is approaching “extreme fear” territory. Bitcoin (BTC), the biggest cryptocurrency by market cap, is still being heavily sold off as global market volatility persists. Bitcoin’s value dropped below $19,000 over the weekend, and
Despite having until September 30th to make a choice, Newsom vetoed the legislation. Newsom thinks his study has to be taken into account before a licensing framework. Assembly Measure 2269, a crypto oversight bill, has been vetoed by California Governor Gavin Newsom. A unique license from the California Department of
Since the beginning of 2017, a total of 7,495,059.588 BTC have been held in ‘HODL’. Expert cautioned investors to hold off on buying BTC at the present time. As Bitcoin struggles to make a meaningful positive move this year, the cryptocurrency markets are putting investors to the test. It has
The top 5 coins by high volume are USDT, BTC, ETH, BUSD, and XRP. USDT has a 24-hour trading volume of $54,346,833,081. In recent days, the global cryptocurrency market has maintained a gloomy trend. The major cryptocurrencies, including Bitcoin, are continually experiencing unpredictable price movements. In the declining crypto market,
Bitcoin and Ethereum witnessing a sudden plunge in the cryptocurrency market. BTC is 1.84% down and ETH is 4.86% down in the last 24 hours. The global crypto market has started showing a bearish signal once again. After witnessing a significant price surge in the past few weeks, the major
The recent partnership will promote Bitcoin transactions across the UAE. CoinCorner will be able to expand its activities throughout the Middle East. CoinCorner, a UK-based Bitcoin and Lightning Network services, has recently partnered with Seed Group, a company run by the royal family of Dubai, to speed up Bitcoin transactions
The Federal Reserve will soonly decide on the interest rate increase. Fed’s upcoming decision will play a crucial role in the price actions of top cryptocurrencies. The US central banking system, Federal Reserve, has already started the two-day policy meeting regarding interest rate hikes. In the ongoing meeting, the monetary
On Friday, the U.S. Department of Justice (DOJ) said that a Los Angeles man had been given “38 months in prison for his participation in Bitconnect.” Justice Department officials called Bitconnect a “massive fraudulent cryptocurrency investment scheme.” Typical Ponzi Scheme According to court records, 44-year-old Glenn Arcaro plotted with others
The liquidated amount in just the last 24 hrs was around $65 billion. Market cap fell to $666 B from $950 B and it has bounced back to the $900 B range. The last 24 hrs were very chaotic in the crypto environment, fall can be seen in every cryptocurrency
