News with the tag "Bitcoin VS US Dollar"

Founder of Professional Capital Management Anthony Pompliano has recently commented on the Bitcoin Vs Dollar debate. In a recent interview, he lauded BTC, saying that the fiat currencies are likely more volatile than BTC. Besides, Pompliano has come up with a strong defense for BTC, while highlighti...

As the United States’ national debt reaches a record $35 trillion, Senator Cynthia Lummis of Wyoming has introduced a groundbreaking proposal. She presented a bill in the Bitcoin 2024 conference held in Washington, D.C. to address the mounting national debt by leveraging Bitcoin. The suggested legis...

The strong sell-off in the global equity market has spilled over to the crypto market with Bitcoin, ethereum, and other altcoins coming under strong selling pressure. On Wednesday, July 24, Wall Street registered its worst trading day since 2022 as the technology stocks were under pressure and the A...

Peter Brandt, a veteran trader, has recently shared his thoughts on a sharp drop in the USD value and the potential of Bitcoin as an alternative asset. His comments also come at a time when there are rising questions about the US government’s fiscal responsibility. Concurrently, there is a rising tr...

Business tycoon Mark Cuban has given his thoughts on the increasing support of the tech giant from the Silicon Valley for the former president of the United States, Donald Trump, and linked it to Bitcoin. According to Cuban, Trump could greatly impact the cryptocurrency market, especially Bitcoin. M...

Renowned financial educator and author of “Rich Dad Poor Dad,” Robert Kiyosaki, recently provided in-depth insights into his bold prediction of Bitcoin’s price surging to $300,000. Kiyosaki’s forecast is grounded in a comprehensive analysis of global economic trends and Bitcoin’s intrinsic value pro...

Bitcoin Mining has again come under scrutiny as US regulators are now analyzing its consumption of electricity. The administration of US President Joe Biden has sent out an “emergency collection of data request” related to the power consumption of Bitcoin miners. The move has sparked uproar as crypt...