Crypto News

Economist Peter Schiff Says Gold Price Not Rising Fast Enough, Condemns Civil Ruling Against Donald Trump

Peter Schiff, a U.S. economist and gold advocate, has attributed the lacklustre performance of gold mining companies to the rising inflation rate, which contrasts with a largely static gold price. Schiff maintains that the U.S. inflation rate would have been even higher if the U.S. Federal Reserve had not increased interest rates. The economist alsoSource link

Bitcoin Shorts Lose $150M as BTC Poised For ‘Tremendous Upside’

A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.Source link

Bitcoin Price Blasts Past $56,000, Yielding $157 Million in Liquidated Shorts

Bitcoin is swimming in territory not seen since its all-time high in November 2021, even as holders cash in.Source link

JPMorgan Says Bitcoin Halving and Ethereum Upgrade ‘Are Largely Priced In’

JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices Global investment bank JPMorgan Chase has provided its insights into threeSource link

HTX Withdraws Hong Kong Crypto Exchange Application

Hong Kong's securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23.Source link