Bitcoin (BTC) Might See Extended Upsurges as US Consumer Prices Surge 7.5%

Bitcoin (BTC) Might See Extended Upsurges as US Consumer Prices Surge 7.5%

US consumer price surged 7.5% year-on-year in January, pressuring Fed Reserve to stiffen policy. Historically, BTC has seen extended upswings amid rising inflation. As inflation spikes, experts expect US Fed to increase interest rates hostilely. Analysts believe Bitcoin will climb to $48,000…

CEO Of ShapeShift Says BTC Is Emerging As A Better Form Of Money And Governments Don’t Realize That

CEO Of ShapeShift Says BTC Is Emerging As A Better Form Of Money And Governments Don’t Realize That

A variety of reactions all around the globe have been inflamed by the El Salvadoran adoption of Bitcoin (BTC) to be used as a legal tender. Although those in favour of Bitcoin are consequently praising this step yet various regulatory bodies are…

JP Morgan Analysts Think Weak Bitcoin (BTC) Futures Can Result In A Bear Market

JP Morgan Analysts Think Weak Bitcoin (BTC) Futures Can Result In A Bear Market

The analysis of the market of cryptocurrency, which was performed by JPMorgan, undoubtedly highlighted the distinction between the spot prices of Bitcoin (BTC) and the futures prices of BTC. Analysts of JPMorgan stated that the market of Bitcoin has reverted to backwardation…

Norway Central Bank Governor Says There Is No Possibility Of Bitcoin Replacing Fiat

Norway Central Bank Governor Says There Is No Possibility Of Bitcoin Replacing Fiat

Not very long ago, the governor of the central bank of Norway expressed his opinion regarding Bitcoin’s rise to fame. However, Mr. Oystein Olsen was unimpressed with Bitcoin, as he believes there would never come a time where Bitcoin could supersede a…