Jefferies’ Wood Urges Banks to Embrace Blockchain, Add More Bitcoin Exposure
Banks should focus on blockchain technology and investors should increase their bitcoin holdings while trimming gold exposure, according to Jefferies Global Head of Equity Strategy Christopher Wood. “This concept of…
Federal Reserve to Taper Money Printing That Fueled Bitcoin Bets
The U.S. Federal Reserve announced plans to taper its $120-billion-a-month in bond purchases, taking the first step toward winding down a post-coronavirus money-printing program that has inspired many investors to…
Bitcoin Price Prediction – A Breakthrough $63,500 Resistance Would Bring $68,000 Levels into Play
After a broadly bullish day for Bitcoin and the broader market on Tuesday, it’s been a relatively bullish morning for the crypto market. At the time of writing, Bitcoin, BTC…
Ethereum booms on NFT interest, crypto investors hunting ‘metaverse money’
Ethereum (ETH-USD) set a new record high for yet another consecutive day on Thursday, riding at least two macro themes entrenching themselves within the cryptocurrency sector. The second-largest cryptocurrency traded…