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Month: July 2022

Bitcoin Latest News

Bitcoin Rips Higher On Federal Reserve Rate Hike

July 28, 2022 - by Dylan LeClair And Sam Rule - Leave a Comment

The Federal Reserve hiked 75 basis points as expected and markets across the board rallied higher with no surprising or unanticipated bad news. The below is an excerpt from a …

Bitcoin Rips Higher On Federal Reserve Rate Hike Read More
Bitcoin Latest News

Bitcoin: Opening The Door To Financial Inclusion

July 28, 2022 - by Ray Youssef - Leave a Comment

Set to grow into an economic powerhouse over the next few decades, Africa will benefit greatly from investment into Bitcoin education. This is an opinion editorial by Ray Youssef, CEO …

Bitcoin: Opening The Door To Financial Inclusion Read More
Bitcoin Latest News

Market Wrap: Bitcoin Pushes Higher Despite Negative GDP Report

July 28, 2022 - by - Leave a Comment

Growth in the U.S. economy slows, the yield curve inverts but markets push higher anyway.Read MoreCoinDesk Bitcoin’s (BTC) price continued its ascent in Thursday trading, rising 4% despite a negative …

Market Wrap: Bitcoin Pushes Higher Despite Negative GDP Report Read More
Bitcoin Latest News

Dick Durbin Joins US Senators Criticizing Fidelity’s Plan to Include Bitcoin in 401(k) Plans

July 28, 2022 - by - Leave a Comment

The joint letter with Sen. Tina Smith and Sen. Elizabeth Warren calls Fidelity’s plans “immensely troubling.”Read MoreCoinDesk U.S. Sen. Dick Durbin (D-Illinois.) has joined the Labor Department and fellow senators …

Dick Durbin Joins US Senators Criticizing Fidelity’s Plan to Include Bitcoin in 401(k) Plans Read More
Bitcoin Latest News

Bitcoin Makes Surprise Climb As Fed Discloses 0.75 Point Rate Bump

July 28, 2022 - by - Leave a Comment

Bitcoin and the rest of the crypto market have been in a festive mood in response to the U.S. Federal Reserve’s interest rate hike, sending  both Bitcoin and Ethereum climbing …

Bitcoin Makes Surprise Climb As Fed Discloses 0.75 Point Rate Bump Read More
Bitcoin Latest News

Bitcoin Bounces Off Consolidation Range, What Lies In Store?

July 28, 2022 - by - Leave a Comment

Bitcoin has been on a steady increase over the last two weeks. It has not been on the uptrend for all of this time, but the majority of the time, …

Bitcoin Bounces Off Consolidation Range, What Lies In Store? Read More
Bitcoin Latest News

U.S. Senators Condemn Fidelity Investments’ Bitcoin 401(k) In Open Letter

July 28, 2022 - by Shawn Amick - Leave a Comment

Three senators chastised Fidelity for offering a bitcoin 401(k) option claiming it is too volatile and untested to be used as a retirement savings tool. U.S. Senators wrote an open …

U.S. Senators Condemn Fidelity Investments’ Bitcoin 401(k) In Open Letter Read More
Bitcoin Latest News

Bitcoin Market Awaits US GDP After Biggest Single-Day Gain in 6 Weeks

July 28, 2022 - by - Leave a Comment

With the Fed ditching forward guidance, data releases like GDP and inflation could inject more volatility into markets than ever.Read MoreCoinDeskWith the Fed ditching forward guidance, data releases like GDP …

Bitcoin Market Awaits US GDP After Biggest Single-Day Gain in 6 Weeks Read More
Bitcoin Latest News

First Mover Americas: No Recession for Bitcoin as U.S. GDP Shrinks, Zipmex Files for Bankruptcy

July 28, 2022 - by - Leave a Comment

The latest price moves in crypto markets in context for July 28, 2022.Read MoreCoinDesk Price Point: Bitcoin was holding onto gains after U.S. GDP report early Thursday, changing hands just …

First Mover Americas: No Recession for Bitcoin as U.S. GDP Shrinks, Zipmex Files for Bankruptcy Read More
Bitcoin Latest News

Foundry Starts New Service to Reduce Supply-Chain Lag for Bitcoin Miners

July 28, 2022 - by - Leave a Comment

The DCG subsidiary aims to lower time and costs related to deliveries of mining computers for its clients.Read MoreCoinDesk Foundry, the digital asset mining and staking firm, is starting a …

Foundry Starts New Service to Reduce Supply-Chain Lag for Bitcoin Miners Read More

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