Cryptocurrencies bounce back from Sunday sell-off, bitcoin still down 30% in MayNEW YORK (Reuters) -Bitcoin jumped more than 10% during a surge in cryptocurrencies Monday, regaining some ground lost during a weekend sell-off that was sparked by renewed signs of a Chinese crackdown on the emerging sector.

Bitcoin, the world’s largest…[Read more]

U.S. Federal Reserve is Exploring Its Own Digital Currency After China Beat It to the PunchU.S. Federal Reserve announced that its considering the possibility of its own CBDC
According to Jerome Powell, the design of a CBDC would raise important monetary questions
The Fed’s announced the plans of publishing only a “discussion paper” on the topic…[Read more]

Bitcoin Rebounds as Bearish Bets Ease; BTC Bull Repeats $100K TargetInvesting.com – Bitcoin rebounded Monday following a rout over weekend as bearish bets against the popular crypto eased, prompting one crypto bull to repeat a bold claim that BTC would top $100,000 by year end.

BTC/USD rose 17%, to $38,155, rebounding from a low of $31,192 seen S…[Read more]

Bitcoin Jumps 20% In a Green DayInvesting.com – Bitcoin was trading at $39,809.1 by 16:01 (20:01 GMT) on the Investing.com Index on Monday, up 20.29% on the day. It was the largest one-day percentage gain since December 7, 2017.

The move upwards pushed Bitcoin’s market cap up to $740.9B, or 44.26% of the total cryptocurrency market cap. At its…[Read more]

EOS Soars 30% In Bullish TradeInvesting.com – EOS was trading at $5.1568 by 15:06 (19:06 GMT) on the Investing.com Index on Monday, up 30.45% on the day. It was the largest one-day percentage gain since May 11.

The move upwards pushed EOS’s market cap up to $4.8904B, or 0.30% of the total cryptocurrency market cap. At its highest, EOS’s market…[Read more]

Elon Musk and Michael Saylor Form Working Group With North American Bitcoin MinersWeeks after Tesla’s pronouncement that it will no longer accept Bitcoin as a payment method for its electric vehicles, the car manufacturer’s chief executive disclosed that they have are in discussion with Bitcoin miners based in North America.According to Mus…[Read more]

Fed’s Bostic: Crypto, stablecoins an ‘area we cannot ignore’WASHINGTON (Reuters) – The rapid development of cryptocurrency and digital finance generally is “an area we cannot ignore,” Atlanta Federal Reserve President Raphael Bostic said on Monday while pointing to volatility in technologies like bitcoin and their shortcomings as a substitute for…[Read more]

Futures firm as tech stocks rise on lower bond yields(Reuters) – U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.

The S&P 500 and the Nasdaq ended about 1% higher on Monday after Federal Reserve officials maintained…[Read more]

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There are two concepts we can hold to with confidence:Rule #1: Most things will prove to be cyclical.Rule #2: Some of the greatest opportunities for gain and loss come when other people forget Rule #1.

There are two concepts we can hold to with confidence:Rule #1: Most things will prove to be cyclical.Rule #2: Some of the greatest opportunities for gain and loss come when other people forget Rule #1.

There are two concepts we can hold to with confidence:Rule #1: Most things will prove to be cyclical.Rule #2: Some of the greatest opportunities for gain and loss come when other people forget Rule #1.

There are two concepts we can hold to with confidence:Rule #1: Most things will prove to be cyclical.Rule #2: Some of the greatest opportunities for gain and loss come when other people forget Rule #1.

There are two concepts we can hold to with confidence:Rule #1: Most things will prove to be cyclical.Rule #2: Some of the greatest opportunities for gain and loss come when other people forget Rule #1.

There are two concepts we can hold to with confidence:Rule #1: Most things will prove to be cyclical.Rule #2: Some of the greatest opportunities for gain and loss come when other people forget Rule #1.

There are two concepts we can hold to with confidence:Rule #1: Most things will prove to be cyclical.Rule #2: Some of the greatest opportunities for gain and loss come when other people forget Rule #1.