Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart. Blackrock’s increasing engagement with bitcoin is also reflected in the strong performance of […]
Former U.S. President Donald Trump has announced a plan to create a government efficiency commission led by Tesla CEO Elon Musk if re-elected president. This commission would conduct a financial and performance audit of the entire federal government. Musk is pushing the idea of the Department of Government Efficiency (D.O.G.E.), emphasizing concerns about government overspending. […]
Anatoly Aksakov, head of the State Duma’s Financial Market Committee, has discussed the use of national digital currencies for bilateral settlements between Russia and China. In a recent interview with Russian media, Aksakov stated that these instruments will be considered for such settlements as soon as the regulatory and technological platforms for this task are […]
Jamie Marsland, a well-known figure in the WordPress community, has officially joined Automattic as the Head of WordPress.org YouTube. Previously, he had collaborated with WordPress.com on a series of YouTube videos titled ‘build and beyond.’ In the official announcement, the Executive Director of WordPress, Josepha Haden Chomphosy, said, “ Jamie’s extensive …
On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $ 61,500 level. If confirmed by a breakout above $ 62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a descending channel from $ 65,144 to $ 58,456, where a …