Crypto News

Fed Governor Discusses Crypto’s Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs...

A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs) as their primary asset. Fed Governor on Crypto, CBDC, and the U.S. Dollar Federal Reserve GovernorSource link

Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals

In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year agreement for powering their mining activities. Texas’ Denton Municipal Electric in Talks With Unnamed Crypto Miners On Feb. 16, the Denton RecordSource link

Investment Advisor: Bitcoin Is Priced for a Serious Rally

The chief executive of Sound Planning Group has predicted a major bitcoin price surge, stating that the crypto is priced for “a serious rally.” He identified the upcoming Bitcoin halving and the adoption of spot bitcoin exchange-traded funds (ETFs) as key factors driving his bullish prediction for the cryptocurrency’s price. The financial advisor believes thatSource link

Robert Kiyosaki Expects Bitcoin to Take off — Foresees Gold Crashing Below $1,200

Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will take off while gold will crash below $1,200. He urges investors to prepare for the “biggest crash in history” which he forecasted in his book years ago. Emphasizing that the Federal Reserve is “destroying” the U.S. economy, he advised: “Rather thanSource link

Dave Portnoy Regrets Selling Bitcoin — Wishes Barstool Invested $10 Million in BTC

Barstool Sports kingpin Dave Portnoy is experiencing a serious case of crypto regret, wishing that he hadn’t sold his bitcoin. He also wishes that his company, Barstool, had invested $10 million in the crypto. “I’m so mad at myself about bitcoin. I should be up like 75% in bitcoin,” he stressed. However, Portnoy revealed toSource link