Bitcoin price hits $61K, but investors still prefer stocks and bonds right now

Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve's September meeting.

View Details

Hong Kong legislator eyes Bitcoin for fiscal reserves

By engaging with stakeholders and focusing on compliance, Johnny Ng aims to position Hong Kong as a leader in adopting Bitcoin and Web3 technologies.

View Details

Bitcoins transformation from risk asset to digital gold hints at new all-time highs

Bitcoin price is being driven higher by a new set of bullish catalysts.

View Details

Ethereum (ETH) price fails to rally in the face of good news Here is why

Ethers failure to respond to good news could be rooted in investors perception that macroeconomic conditions are worsening.

View Details

Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery

Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results. (Read More)

View Details

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international [...]

The post French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud appeared first on Crypto Breaking News.

View Details

How does the economy work?

The economy is a system of producing and exchanging goods and services in a society.

View Details

What is fiscal policy, and why does it matter?

Fiscal policy is a tool used by governments to regulate economic activities in their country. It involves the use of government spending, taxation and borrowing to influence economic growth, stabilize inflation and maintain a stable economy. This article will explain what fiscal policy is, how it works, and why it is important. What is fiscal [...]

The post What is fiscal policy, and why does it matter? appeared first on Crypto Breaking News.

View Details

No One Understands The Monetary System, And That’s Not OK

Understanding the monetary system is foundational to seeing what’s wrong with the current system and to have a true grasp of Bitcoin and its importance.

View Details

Fed Chair Powell Says US Government Is on Unsustainable Fiscal Path

Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks that have to be closed or merged out of existence. Jay Powell on US [...]

The post Fed Chair Powell Says US Government Is on Unsustainable Fiscal Path appeared first on Crypto Breaking News.

View Details

CEX Coinchecks Impressive 75% Revenue Growth in Q3 Fiscal Year

Japanese cryptocurrency exchange, Coincheck, has announced a significant increase in revenue during the third quarter of the year. The platform reported a remarkable 75% growth in revenue, showcasing its success and popularity within the market. Coincheck has experienced a surge in trading volume, attributed to the growing interest in cryptocurrencies and digital assets. This rise [...]

The post CEX Coincheck’s Impressive 75% Revenue Growth in Q3 Fiscal Year appeared first on Crypto Breaking News.

View Details

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default [...]

The post ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations appeared first on Crypto Breaking News.

View Details

Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023

Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” [...]

The post Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023 appeared first on Crypto Breaking News.

View Details

Spanish Tax Agency Cracks Down on Crypto Holders

The Spanish Tax Administration Agency (AEAT) is increasing its efforts to collect taxes on crypto assets, with plans to send out 328,000 warning notices to those who should pay their taxes for the 2022 fiscal year. The AEAT has only recently begun to take the matter seriously, with a 40% increase in the number of notices sent from the previous year. (Read More)

View Details

Bitcoin price metrics align to project further upside for BTC

Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.

View Details

SEC nets record $8.2B in fines, Australia considers crypto tax framework: Law Decoded

The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs record $4.47 billion settlement.

View Details

Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country

According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate, breaking records. Egypt, the world’s 14th most populous country, grapples with soaring prices for goods and services across the region. Additionally, the bitcoin exchange rate in Egypt is approaching the record high set [...]

The post Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country appeared first on Crypto Breaking News.

View Details