Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don't Agree to Spending CutsFormer U.S. President Donald Trump has urged Republican lawmakers to let the U.S. default on its debt obligations if the Democrats do not agree on “massive” spending cuts. Trump, who is also running for president in 2024, stressed that letting the U.S. default is “better than what we’re doing right now because we’re spending money like drunken sailors.” newsbtc2023/05/12 03:41newsbtc2023/05/12 03:41
Economist Peter Schiff Says 'Nobody’s Money Is Safe in Any Bank' — Warns of Financial Crises, DepressionsEconomist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed sets interest rates too low and prints a lot of money … it unleashes massive inflation, creates tremendous economic imbalances that result in financial crises and depressions when the bubbles burst.” newsbtc2023/05/11 06:08newsbtc2023/05/11 06:08
Here’s why crypto prices are downIn the last part of The Market Report, Pechman explains what caused Bitcoin network fees to surge above $10, causing Binance to halt withdrawals. Are Ordinals and Inscriptions an attack on Bitcoin? What does it mean for the Lightning Network and Bitcoin’s use case in general? Don’t miss it! The show is available exclusively on the Cointelegraph Markets & Research YouTube channel.Cointelegraph2023/05/11 02:41Cointelegraph2023/05/11 02:41
Pepe’s market cap sinks $1B in 5 days, some whales are still buyingThe market cap of new memecoin Pepe (PEPE) has fallen $1.1 billion from its May 6 peak, though on-chain data shows it's still being bought by some crypto whales. Cointelegraph2023/05/11 02:27Cointelegraph2023/05/11 02:27
Grayscale expands ETF business, puts forward 3 new crypto fundsThree new crypto-focused exchange-traded funds (ETFs) have been put forward for approval by cryptocurrency asset manager Grayscale Investments, which also announced a new entity to manage its growing funds. Cointelegraph2023/05/10 03:00Cointelegraph2023/05/10 03:00
Bitcoin Bull Run: Higher Time Frames Still Bullish Despite CorrectionBitcoin (BTC), the largest cryptocurrency in the market, has been trading sideways since experiencing a drop of over 5% on Monday. Despite this decline, Bitcoin has found support at $27,200,...newsbtc2023/05/10 02:15newsbtc2023/05/10 02:15
Crypto Whale Suffers $500,000 Loss As PEPE Price PlummetsUnsurprisingly, the recently hyped frog-themed meme coin PEPE is now beginning to suffer a price decline, impacting late investors negatively. According to LookOnChain’s recent report, a large investor or whale...newsbtc2023/05/10 01:59newsbtc2023/05/10 01:59
What Are Bitcoin’s New BRC-20 Tokens and What Do They Do?BRC-20 tokens have emerged as an important class of tokens built on the Bitcoin blockchain, offering unique use cases and benefits. As the industry continues to evolve, developers and users are actively exploring solutions to mitigate high fees and improve scalability. This ongoing innovation aims to enhance the user experience and facilitate the seamless integration of BRC-20 tokens into the broader cryptocurrency ecosystem. Huobi2023/05/09 05:44Huobi2023/05/09 05:44
SUI, PEPE Lead Market Losses, Down Double Digits OvernightThe popular meme coin rally fueling the rise of Pepecoin (PEPE) appears to have finally begun to slow. Per CoinGecko, PEPE has fallen by nearly 11% this morning. Still, over the week, the meme coin has risen a whopping 215%.Decrypt2023/05/09 01:59Decrypt2023/05/09 01:59
Discovering The Next PEPE And SHIB: Whales To Keep Track OfMissing out on crypto that becomes the next big thing in crypto can hurt. To avoid this, popular on-chain analyst LookOnChain has sorted out prominent whales to keep an eye...newsbtc2023/05/09 01:54newsbtc2023/05/09 01:54
