Jamie Dimon predicts turmoil in the Treasury market will force the Federal Reserve to intervene. It will send Bitcoin “orbital,” said Maelstrom CIO, Arthur Hayes. A top Fed official said they are ready to help stabilise the market. JPMorgan Chase CEO Jamie Dimon is predicting a “kerfuffle” in the US Treasury market that will trigger…
The S&P 500 Index briefly experienced Bitcoin-level volatility in the wake of US President Donald Trump’s April 2 “Liberation Day” tariff announcement, underscoring the panic and fear gripping traditional markets amid the ongoing trade war. Bloomberg analyst Eric Balchunas alerted his followers on X that the S&P 500’s volatility, as measured by the “SPY US…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Saeed has outlined a bearish case for the Bitcoin price, predicting that it could still drop to as low as $74,000. The analyst highlighted the $85,000 psychological level as being key to whether BTC drops to this target or witnesses…
00:00 Speaker A Bitcoin is rising today after President Trump signed a bill into law reversing Biden era IRS rules that make decentralized finance platforms comply with the same tax rules as traditional brokers. The crypto market has been on a wild ride since President Trump won the presidential election, initially jumping to all-time highs…
Lomond School declares parents can pay tuition fees in Bitcoin starting from Autumn, in a landmark move that makes it the first school in the U.K to accept Bitcoin payments. According to a report on the Independent School Management site, the co-educational boarding school has become the first school in the U.K. to accept Bitcoin…
Bitcoin (BTC) is entering what former BitMEX CEO Arthur Hayes calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value. Loss of confidence in US policy boosts Bitcoin’s upside prospects On April 11, the benchmark US 10-year Treasury…
Follow Frank on X. On Monday, Deputy Attorney General (DAG) Blanche published a memo entitled “Ending Regulation By Prosecution” in which he stated that the U.S. Department of Justice will stop its crackdown on bitcoin and crypto mixers. Here’s the exact language he used in the memo: “…the Justice Department will stop participating in regulation…
Bitcoin hovers around $80,000 on Friday after facing rejection from its descending trendline the previous day. Ethereum price stabilizes at around $1,500 on Friday after falling almost 3% so far this week. XRP holding support around its 200-day EMA at $1.94 could lead to a recovery. Bitcoin (BTC) and Ethereum (ETH) prices are hovering around…
Neel Kashkari, President of the Minneapolis Federal Reserve, addressed the issue of rising Treasury yields on April 11, suggesting that they might indicate a shift in investor sentiment away from United States government debt. Kashkari highlighted that the Federal Reserve has tools to provide more liquidity if necessary. While underscoring the importance of maintaining a…
Ross Ulbricht plans to speak at the Bitcoin Conference in Las Vegas in May, marking the Silk Road creator’s first public appearance since his release from federal prison in January. Ulbricht founded the infamous online black market in 2011, which facilitated the anonymous sale of illegal drugs and illicit goods using Bitcoin (BTC) as a…