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Robert Kiyosaki Warns of Recessionary Times Ahead, Recommends Bitcoin and Precious Metals
The bestselling author of "Rich Dad, Poor Dad" told his 2.4 million Twitter followers that the sharp increase in one-month Treasury bill yields indicates that recessionary times are likely ahead. Robert Kiyosaki Β thinks bitcoin and precio ...
Bitcoin Transaction Fees Exceed $10,000 as Demand Increases
Transaction fees in the Bitcoin blockchain on Monday, May 8, exceeded $10,000 in some cases, with block 788762 setting the record for the day with a fee of $15834. The average commission per block on May 8 is, according to Bits.media's own service, ...
Warren Buffett dismisses bitcoin as global reserve currency despite loss of confidence in US dollar
Famous investor and head of Berkshire Hathaway Warren Buffett said that the loss of people's confidence in the dollar does not mean that bitcoin will become a global reserve currency. Buffett responded to a question about the current trend toward de-dollarization and warned ...
Bitcoin Network Experiences High Fees and Unconfirmed Transactions
High fees on the Bitcoin network and a backlog of unconfirmed transactions have sparked discussion among users as if Bitcoin is undergoing a denial-of-service (DoS) attack. According to Bits.media's own service, the average transaction fee on the Bitcoin network is about ...
Liechtenstein Plans to Allow Bitcoin Payments for Public Services
Lichtenstein Prime Minister Daniel Risch said that the country plans to allow the use of bitcoin to pay for public services. This possibility will be available in the near future, Daniel Risch said in an interview with the newspaper Hande ...
Binance Suspends Bitcoin Withdrawals Again Due to Network Overload
The Binance cryptocurrency exchange has suspended bitcoin withdrawals for the second time in a few hours due to network overload. To solve the problem, the exchange had to increase the withdrawal fee. On May 8, the Binance team warned users on Twitter that the exchange t ...
Crypto Analyst Jason Pizzino Believes Bad News Won’t Stop Bitcoin Momentum
Crypto analyst, crypto trader and youtuber believes that unfavorable news will not be able to stop the strong momentum from bitcoin. Jason Pizzino told his 284Β 000 subscribers that bitcoin and the stock market will not be hurt by bad economic news. According to the ana ...
Analyst Predicts Bitcoin Could Rise as US Banks React to Fed Chairman’s Speech
An analyst and cryptotrader, founder of the consulting crypto-platform EightGlobal analyzed the relationship between the banking sector and the crypto market, listing possible scenarios for the first cryptocurrency. U.S. bank stocks reacted by falling on the speech of U.S ...
Validus Power Executive Believes in Investing in Real Estate, Bitcoin, and Gold to Insure Against Banking Crisis
Executive director of Validus Power Corp believes investing in real estate, bitcoin and gold can insure investors against losses related to the banking crisis. Greg Foss, in an interview with Kitco NewsΒ reacted to a recent statement by U.S. Federal Reserve (Fed) Chairman Je ...
The US Banking Crisis Continues to Impact Cryptocurrency Market
The past week was eventful: The U.S. Federal Reserve shared its plans, a string of banking collapses continued, updates were released on some digital platforms. How did it affect prices? Bitcoin Bitcoin price fell 2.5% in the week ...
