Minneapolis Federal Reserve President Neel Kashkari said crypto is “almost never” used outside of drugs and criminal activity — but evidence points to the contrary.
Federal Reserve news
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.
Bitcoin’s failure to hold $68,000 could be an early sign that a price reversal is beginning.
The crypto market is up today, following a bullish performance from US equities markets and increasing traders’ demand for crypto investment products.
Bitcoin price is up today, but the bull’s ability to hold the 200-day SMA support could determine where BTC goes next.
Consumer prices in the US rose by 2.4% in September, above market expectations but still in a negative trend compared to the past few years.
The crypto market is down today as a disappointing US CPI print and decline in trading volumes fuel the crypto market’s sell-off.
Bitcoin derivatives metrics shifted as BTC price fell under $59,000. Are lower prices incoming?