In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a “severe impact on the global economy.” The IMF’s report says there is “extraordinary uncertainty” in the air, and the international financial institution believes “economic consequences are already very serious.” IMF’s […]

Recession risks mounting It’s been another week of significant volatility in financial markets, one in which European indices edged closer to bear market territory, oil prices hit a 10-year high around $120, and safe-haven gold came close to $2,000. The Russian invasion of Ukraine and the severe sanctions imposed on it by the West have […]

Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the “implications for the U.S. economy are highly […]

Metaverse land has steadily maintained value even during a brutal bear market for crypto.

The Governor of the Hungarian Central Bank, György Matolcsy, recommended that all cryptocurrency-focused activities including trading and mining should be banned across the European Union. (Read More)

It’s not been a good year for Bitcoin, the world’s largest cryptocurrency. Less than three months ago, with BTC trading close to $69,000 on the charts, many expected the crypto to hit $100k soon. Alas, that didn’t happen. In fact, Bitcoin dipped and depreciated. And, did so very significantly. While the last 10-14 days have […]

Inflation is a nasty topic that continues to dominate headlines as we venture further into 2022. Unfortunately, it is an ongoing concern that will not solve itself as world governments turn to increase interest rates and tapering to fight the inflation blaze as investors seek a life raft. As people are growing more and more […]

The post What’s the Better Inflation Hedge: Bitcoin or Gold? appeared first on Coin Bureau.

The month of January has spooked the market amid a larger sell-off that has kept the sentiments damp. As per the latest CryptoCompare report, Bitcoin and Ethereum fell by 23.3% and 36.9%, respectively, during the month until 27 January. The downward spiral of price Most of the tokens were trapped in a downward spiral after […]

After seeing a 50% drop in price from its peak last year, Bitcoin has been down the recovery road. It has gained close to 4% in the last 24 hours and has been hovering near $37,800 at the time of writing. While it is yet to breach the crucial support level of $40,000, the Bitcoin […]

Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased volatility the asset has faced […]

Bitcoin is dealing with the aftermath of the FOMC meeting which maintained the Fed’s stance that rate hikes and tapering are likely at some point during 2022. BTC rallied substantially leading up to the meeting before losing most of its gains after it was confirmed that relentless money printing may end or at least slow […]

The post Bitcoin Reacts to FED Meeting As Rates Likely To Change In March appeared first on Coin Bureau.