Bitcoin climbed toward $60,000 after Federal Reserve Chair Kevin Warsh stated that inflation risks have decreased and reaffirmed the Fed's commitment to a 2% inflation target. Warsh highlighted that artificial intelligence-driven investments could boost the U.S. economy's productive capacity, potentially affecting future monetary policy. He also noted that the Fed is moving away from explicit forward guidance on interest rates, focusing instead on data-driven decisions. This signals a cautious but optimistic outlook for both inflation control and economic growth influenced by AI advancements.
The Winklevoss twins transferred $60 million worth of Bitcoin to their Gemini exchange, likely to sell and take profits as Bitcoin struggles around $59,000. They still hold $300 million in Bitcoin after this move and also moved $7 million in Ethereum...
The Winklevoss twins transferred about $67 million worth of Bitcoin and Ethereum to Gemini wallets, a pattern consistent with their previous selloffs, according to Arkham Intelligence. This move comes as Bitcoin and Ethereum face selling pressure, wi...
The cryptocurrency market fell on July 1, with Bitcoin, Ethereum, Dogecoin, BNB, and HYPE all trading lower amid weakening investor sentiment. The EU's new Markets in Crypto-Assets (MiCA) regulation took effect, causing many firms to scale back or ex...
The Winklevoss twins transferred about $67 million in Bitcoin and Ethereum to Gemini exchange wallets, sparking speculation of potential selloffs. These moves come as Bitcoin and Ethereum face bearish pressure, with Citigroup lowering price targets a...
Citigroup has lowered its 12-month price targets for Bitcoin from $112,000 to $82,000 and for Ethereum from $3,175 to $2,240 due to weakening investor sentiment, significant ETF outflows, and regulatory uncertainty in the U.S. The crypto market saw $...
