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Bitcoin had a fantastic year in 2023, but unfortunately, 2024 has not been as smooth for the pioneering cryptocurrency. Within just three weeks, its price plummeted from a high of $48,000 to $41,000. As investors seek alternatives to stop their profits from bleeding, many are turning their attention to the new rival in the market,
Bitcoin has experienced a recent surge, surpassing $42,000 after trading below $40,000 for several days. This market recovery can be attributed to various factors, one of which includes recent revelations about the US economy. The release of the personal income expenditures (PCE) price index on January 26, which reported lower-than-expected inflation, suggests that inflation in
In a speech delivered in Naples, CFTC Chair Rostin Behnam expressed significant concerns regarding the current state of cryptocurrency and digital asset regulation. He emphasized the necessity for comprehensive federal oversight to address the challenges and regulatory gaps in the rapidly evolving digital asset landscape. Absence of Legislative Framework One of the key points highlighted