Asset management firm Ark Invest has highlighted four major catalysts that will drive the price of bitcoin this year. “Bitcoin has emerged as an independent asset class worthy of a strategic allocation in institutional portfolios,” Ark described in its Big Ideas 2024 publication. “The shift in perception of bitcoin — from a speculative instrument to […]
Economist Peter Schiff Discusses Likelihood of a Fed Interest Rate Cut in March
Economist Peter Schiff says Federal Reserve Chairman Jerome Powell taking the March rate cut off the table “may have actually raised the probability that the Fed will indeed serve up the first rate cut in March.” Moreover, Schiff explained that the Fed’s job is actually to create inflation and then pretend to fight it. “The […]
Bona Fide Wealth President Defines Bitcoin as ‘Digital Gold,’ Discusses Showdown Between Crypto Natives and Traditional Finance
Douglas Boneparth, the president and founder of Bona Fide Wealth, recently articulated his perspective on bitcoin, describing it as a digital equivalent of gold or a store of value in the digital realm. In addition, Boneparth further highlighted the contrasts in approach between traditional trade finance behemoths such as Blackrock and Fidelity, and those more […]
Bitcoin Core Dev Discusses ‘Firing’ All Miners With PoW Algo Change: Feisty Exchanges Mark Growing Divide
Over the last ten years, Luke Dashjr has emerged as a key player in the realm of Bitcoin development and the network’s open-source software. His opposition to specific trends within the Bitcoin ecosystem has gained more attention lately. He has labeled Ordinal inscriptions and non-fungible tokens (NFTs) on the Bitcoin platform as detrimental to the […]
Treasury Secretary Janet Yellen Discusses US Economy, Recession Risk, Soft Landing
U.S. Treasury Secretary Janet Yellen believes that inflation has come down meaningfully but there’s still further to go for the Federal Reserve to achieve its 2% inflation target. She noted that the central bank has two risks to manage. “One is that inflation doesn’t come down back to their target as they envisioned, and the […]