Key Macro Releases and Events to Watch in the Financial Markets This Week
The number of important macro releases this week is very high Let's outline the most important ones The past trading week was mostly characterized by price consolidation in the stock and cryptocurrency markets. And over the weekend, bitcoin made traders even m ...
Cryptocurrencies Fall as Negative Factors Take Hold
Cryptocurrencies rose in value for over a month. But in mid-April, the course graphs turned red again. The reason for this was a combination of negative factors, noticeable through fundamental and technical analysis. Bi ...
Warren Buffett Criticizes Bitcoin as a “Gambling Asset”
Warren Buffett, the renowned investor and head of Berkshire Hathaway, has once again voiced his criticism of Bitcoin, stating that the cryptocurrency is an asset that lacks intrinsic value and is only suitable for gambling. In an interview with CNBC's Squawk Box, Buffett advised "sane investors" ...
SEC Chairman Gensler calls for $2.4B to Prosecute Unregistered Crypto Companies
Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), has urged the government to provide the agency with $2.4 billion in funding to help tackle the rise of unregistered crypto companies. Addressing the House Financial Services Subcommittee, Gensler explained that the all ...