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Bitcoin

Celsius boss calls US senator Elizabeth Warren’s Bitcoin comments ‘amateurish’

Serial entrepreneur and co-founder of Celsius Network Alex Mashinsky called U.S Senator Warren’s assessment of Bitcoin amateurish. In a recent interview, Senator Warren said crypto had become a haven for illegal activity. But Mashinsky’s analysis of the situation highlights the extent of Senator Warren’s misconceptions. Bitcoin FUD hits fever pitch The FUD surrounding Bitcoin has […]Read More

Bitcoin

Bitcoin miners are shutting down Chinese operations after Vice Premier’s

Chinese Bitcoin miners are scrambling to shift or shut operations after the latest round of ‘crypto FUD’ initiated by the government, a report on news outlet Reuters said today. Ending operations Crypto exchange Huobi suspended all mining operations this morning (alongside ceasing trading services for Chinese users), BTC.TOP, a crypto mining pool, announced the suspension […]Read More

Bitcoin

Powell Comments Leaves Bitcoin Market Sour; Bearish Assault Ahead?

A dayslong sell-off in the Bitcoin market intensified, and Treasury yields jumped Thursday, as Federal Reserve Chairman Jerome Powell did little in subsiding fears about the recent spike in government debt selling. At the Wall Street Journal Jobs Summit, Mr. Powell reiterated that the US economy is far from achieving maximum employment. He spoke about […]Read More