[ad_1] Despite statements from the Fed and Congress, the United States GDP reading for Q2 fits the criteria of a recession. On the July 28 Wall Street open, Bitcoin (BTC) regained additional lost territory amid uncertainty about whether the United States has entered a new recession. Analysts Call Recession for the United States on GDP Print BTC/USD approached $23,000 for support after a run-up on the previous day's Federal Reserve
[ad_1] Bitcoin has dropped more than 70% from its all-time high in November 2021, triggering selling pressure. While it appeared that institutional investors would ride out the bad market, this has not been the case. Over the previous few months, the open market selling of bitcoin has increased, and institutional investors have been discovered to have sold a considerable portion of their holdings. Institutional investor sell-offs have rocked the market,
[ad_1] The University of Pennsylvania Wharton School of Business announced Tuesday that its Aresty Institute of Executive Education will launch a certificate program titled “Business in the Metaverse Economy.” The six-week course will be taught online with a heavy dose of immersion.Wharton, one of the world’s leading business schools, teamed up with consulting firm Prysm Group to design the course, which will include more than 50 lectures by faculty and
[ad_1] The Crypto Council for Innovation, or CCI, a crypto advocacy group that establishes dialogues with governments and regulatory agencies on the benefits of crypto, has hired two new experts with experience in financial regulatory policy in the United States.In a Tuesday announcement, the CCI said Linda Jeng, a former Federal Reserve Board and Treasury Department employee, and Brett Quick, former deputy chief of staff for House Financial Services Committee
[ad_1] On July 26, Bitcoin (BTC) price dropped below $21,000, giving back the majority of the gains accrued in the previous week and returning to the $23,300 to $18,500 range that Glassnode analysts describe as “the Week 30 high and Week 30 low.” A handful of analysts and traders attribute the July 26 to July 27 Federal Open Market Committee (FOMC) meeting and the expected Federal Reserve rate hike as the
[ad_1] “But you can’t buy a coffee with Bitcoin,” the Bitcoin (BTC) critics chanted. Gibraltar, a tiny British Overseas Territory in Europe just blew a hole in that FUD as popular coffee chain Costa Coffee now accepts Bitcoin over Lightning. Hotel Chocolat, the Card Factory and the Gibraltar bakery also accept Bitcoin as a currency in the British Overseas Territory. The well-known franchises take advantage of Bitcoin’s Lightning Network (LN) to
[ad_1] More than 1,500 users with residences in Iran reportedly had accounts at Kraken as of June, while 149 users in Syria and 83 in Cuba were also able to access the crypto exchange. [ad_2] Source link
[ad_1] The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational. [ad_2] Source link
[ad_1] After being seen in the House a few times, a bipartisan bill is introduced into the Senate with a drastically reduced exclusion for purchases made with cryptocurrency. [ad_2] Source link
[ad_1] A new and relatively unknown DeFi token called BarnBridge (BOND) has rallied over 800% to reach $20 on July 26.The BOND price surge comes more than a month after bottoming out at around $2.19. In comparison, top coins, Bitcoin (BTC) and Ether (ETH) have only rebounded by 18% and 54% in the same period, respectively.BOND/USD daily price chart. Source: TradingViewAnother pump and dump?BarnBridge is a cross-chain risk management protocol that
