Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K
The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves...
Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and...
Miners are bullish on Bitcoin
Bitcoin miners hold more coins than they did two years ago even as price remains capped around $11,400 Miners on the Bitcoin network have increasingly become bullish about the top cryptocurrency’s potential long term gains, per data collated from wallet...
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and...Interesting 13
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