Tag: btc

Crypto investors are looking to gauge whether Tuesday’s recovery has legs or will be followed by a further downtrend.

BTC and stocks bounced back from Monday’s onslaught as analysts speculate that the Fed’s upcoming rate hikes are beginning to be priced into the Bitcoin’s price action.

Bitcoin truly is different, and it is more than okay to loudly and proudly think that; but best yet, is to know why. This is a guest post by Mark Goodwin. Opinions expressed are entirely their own and …

“There are large risks associated with the use of bitcoin on financial stability, financial integrity, and consumer protection,” says the International Monetary Fund.

The new year has been upon us for less than a month, but the Great Crypto Crash of 2022 has already caused a lot of investors pain. The risk aversion dogging Wall Street has infected cryptocurrencies, …

The International Monetary Fund’s executive board has recommended El Salvador no longer use Bitcoin as a legal tender, citing potential risks to financial stability and consumer protection. The …

Executive Board on Tuesday warned El Salvador against moving to make Bitcoin a legal tender and called for “strict regulation and oversight of the new ecosystem,” according to the board’s …

Using bitcoin as legal tender “entails large risks for financial and market integrity, financial stability, and consumer protection,” the IMF said.

The fund has previously called on El Salvadoran authorities to rethink bitcoin’s legal tender status due to its volatility, risks to consumer protection and financial concerns.

Bitcoin (BTC) rose above $36,000 on Tuesday but was still down about 0.38% over the past 24 hours, compared with a 0.76% fall in ETH. Considering the rebound earlier today, it appears that buyers are …