Economist Predicts Short-Term Decline for Bitcoin Followed by Surge Amid Federal Reserve’s Rate Cuts Economist: Bitcoin Will Drop In The Short Term But Roar As Fed Slash Rates

The Bitcoin price remained under pressure on February 1, hours after the United States Federal Reserve (Fed) held interest rates steady on January 31. The dip in the world’s most valuable cryptocurrency is unexpected. Recent data suggests that analysts expect the central bank to drastically chop interest rates from their multi-year high, which will likely

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A legal action has been initiated against Binance by a former Hamas captive and the relatives of victims. Binance Faces Lawsuit From Hamas Hostage And Victims’ Families

In a significant development, an American mother who was taken hostage by Hamas in Gaza, along with the relatives of two men who lost their lives in a terrorist attack, has filed a lawsuit against cryptocurrency exchange Binance.  According to a Bloomberg report, the lawsuit filed in a federal court in Manhattan alleges that Binance

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Digital Currency: Three Alternative Coins That May Surpass Bitcoin in Performance During February Cryptocurrency: 3 Altcoins That Could Outshine Bitcoin in February

A recent analysis shows that while Bitcoin’s price has been declining since January 14, three alternative cryptocurrencies (altcoins)—Chainlink…

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The analytics platform predicts a significant recovery for XRP, and here’s the rationale behind it. Intelligence Platform Anticipates Strong Rebound For XRP, Here’s Why

The XRP community is once again buzzing with fresh hopes. Santiment, a well-known intelligence platform, has revealed an optimistic insight for the crypto asset, which might lead to a firm price rebound.  XRP Is Poised For Significant Rebound Santiment took to X (formerly Twitter) to share its latest optimistic overview of XRP. The intelligence platform’s

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Polygon Labs Slashes 19% Of Workforce To “Boost Performance”

In a recent development, Polygon Labs announced a workforce reduction, eliminating 60 roles, accounting for approximately 19% of its staff. The decision was communicated by Marc Boiron, CEO of Polygon Labs, in an update shared with the Polygon Labs team.  Strategic Changes?  According to the statement released Thursday, the company has changed to “accelerate its

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Changing Economic Currents: ARK Invest Recommends a 19.4% Investment in Bitcoin for Maximum Gains. Shifting Financial Tides: ARK Invest Suggest 19.4% Bitcoin Allocation Plan For Optimal Returns

In their latest annual research report titled ‘Big Ideas 2024,’ ARK Invest, a renowned investment management firm, has put forth a compelling case for including Bitcoin in institutional portfolios. Drawing upon an extensive analysis of the crypto’s performance, the report recommends a significant allocation of “19.4%” to Bitcoin. This figure is not arbitrary but is

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US Authorities Consider Requiring Disclosure of Energy Usage Data: Bitcoin Mining Industry Alerted US Government Eyes Energy Data Disclosure: Bitcoin Miners On Notice

The United States Department of Energy recently announced it will collect energy use data from crypto miners next week. Related Reading: Bitcoin Mining Boom: Inscription & Monetary Transfers Both Hit ATHs Crypto Miners Required To Give Their Energy Use Details On January 31, The US Energy Information Administration (EIA) announced the initiation of a provisional

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Cryptocurrency Attorney Reveals United States Federal Reserve’s Role in Initiative Dubbed Operation Chokepoint 2.0 Crypto Lawyer Exposes US Fed’s Lead in Operation Chokepoint 2.0

James “MetaLawMan” Murphy, a prominent crypto legal expert at Ludlow Street Advisors, has recently brought to light a contentious issue involving the United States Federal Reserve (Fed) and its alleged role in the “Operation Chokepoint 2.0,” targeting the cryptocurrency sector. The Fed’s Role In Operation Chokepoint 2.0 Murphy’s scrutiny centers on the Federal Reserve’s handling

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