The world’s largest cryptocurrency by market capitalization started off Thursday on a small retraction. After spending weeks to consolidate ahead of the $23,000 resistance, bitcoin fell from that floor on February 5. Today, the asset reached its lowest point in the week trading at around $22,500 at this time of writing. Reason For Bitcoin Retraction […]
Tag: business & economy
February 9, 2023
February 3, 2023
Jerome Powell Confirms Interest Raise of 25 Basis Points
The much-awaited Federal Open Market Committee (FOMC) for the month of December is just over. At the end of the meeting, the Federal Reserve’s chairman, Jerome Powell, confirmed the reports that the United States would once again raise the country’s interest rates by 0.25%. Despite the fact that the raises have been decreasing since the […]
December 11, 2022
Montana Senator Jon Tester Says Cryptos Shouldn’t Exist
The dawn of a new day in cryptocurrency is upon us. FTX Collapsed and Sam Bankman-Fried is being labeled the biggest scammer in American history. Billions of dollars are lost, so governments worldwide are responding. Another US Politician has chimed in today and his response to the crypto industry is cold. Montana Senator Jon Tester […]