While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%, with sellers also on the rise by 25.86%. NFT Sales Drop 4.3%, But Buyer and Seller Participation Increased This past week, NFT sales were rather […]
https://news.bitcoin.com/bored-ape-yacht-club-leads-the-weeks-priciest-nft-sale-despite-overall-market-dip/

Bitcoin News

Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip – Market Updates Bitcoin News

While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip.

Spot bitcoin exchange-traded funds (ETFs) faced another round of outflows as five funds pulled out $175.67 million. At the same time, despite a trading volume of $173.66 million, ether ETFs saw no net gains or losses on Friday. Bitcoin ETFs Lose $175 Million; Ether ETFs Show No Change Bitcoin ETFs experienced another setback on Friday, […]
https://news.bitcoin.com/friday-market-recap-ether-etfs-see-zero-gains-as-bitcoin-etfs-bleed-175-million/

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Friday Market Recap: Ether ETFs See Zero Gains as Bitcoin ETFs Bleed $175 Million – Finance Bitcoin News

Spot bitcoin exchange-traded funds (ETFs) faced another round of outflows as five funds pulled out $175.67 million.

Over the past week, The Open Network (TON) ecosystem has encountered a series of setbacks due to a wave of unfavorable news. The turbulence began with the arrest of Telegram founder Pavel Durov, followed by two significant outages on the blockchain network that brought block production to a standstill. Altogether, in just 68 days, the […]
https://news.bitcoin.com/top-ton-coins-face-turbulent-week-amid-durov-arrest-and-network-disruptions/

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Top TON Coins Face Turbulent Week Amid Durov Arrest and Network Disruptions – Featured Bitcoin News

Over the past week, The Open Network (TON) ecosystem has encountered a series of setbacks due to a wave of unfavorable news.

Thomas Joseph Webster, Professor Emeritus of Economics at Pace University, challenges the long-held belief in the Federal Reserve’s political independence in his comprehensive report, “The Myth of Fed Political Independence.” Webster’s research scrutinizes the relationship between fiscal and monetary policies, arguing that the Federal Reserve operates more as a political tool than an independent entity. […]
https://news.bitcoin.com/academic-paper-questions-federal-reserve-independence-and-exposes-political-ties/

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Academic Paper Questions Federal Reserve Independence and Exposes Political Ties – Economics Bitcoin News

A Professor Emeritus of Economics at Pace University challenges the long-held belief in the Federal Reserve's political independence.

In a leaked recording from an internal meeting, Amazon Web Services CEO Matt Garman discussed the evolving role of software developers in the age of artificial intelligence (AI). Garman suggested that AI could soon take over many coding tasks, urging developers to focus on innovation and customer needs rather than the mechanics of writing code. […]
https://news.bitcoin.com/aws-ceo-predicts-ai-to-transform-software-developer-roles/

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AWS CEO Predicts AI to Transform Software Developer Roles – News Bytes Bitcoin News

In a leaked recording from an internal meeting, AWS CEO Matt Garman discussed the evolving role of software developers in the age of AI.

Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the likelihood of an ‘altcoin season’ remains quite slim. This is evidenced by blockchaincenter.net’s Altcoin Season Index (ASI), which currently sits at a low score of […]
https://news.bitcoin.com/bitcoins-reign-unchallenged-altcoin-season-continues-to-fade-into-obscurity/

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Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity – Altcoins Bitcoin News

Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022.

Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen, and Fed Chairman Jerome Powell, calling them “3-Stooges.” Kiyosaki advised his followers to invest in gold, silver, and bitcoin, emphasizing self-reliance over relying on the […]
https://news.bitcoin.com/robert-kiyosaki-advises-preparing-for-crash-landing-says-time-to-save-yourself/

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Robert Kiyosaki Advises Preparing for Crash Landing — Says 'Time to Save Yourself' – Economics Bitcoin News

Robert Kiyosaki has explained why he is preparing for a crash landing. "Time to save yourself. Buy more gold, silver, and bitcoin."

Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger a recession, emphasizing the potential severity of […]
https://news.bitcoin.com/peter-schiff-urges-the-fed-to-raise-rates-and-let-markets-crash/

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Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash – Economics Bitcoin News

Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them.

Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’ Milton Friedman, a leading figure in economics, repeatedly emphasized that inflation […]
https://news.bitcoin.com/milton-friedman-on-inflation-a-government-made-disaster/

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Milton Friedman on Inflation: A Government-Made Disaster  – Learning - Insights Bitcoin News

“Inflation is made by Government and no one else,” Friedman said in September 1974 during a keynote speech.

JPMorgan Chase CEO Jamie Dimon reiterated his belief that a recession remains the most likely outcome for the U.S. economy. Dimon pointed to various uncertainties such as geopolitics, housing, and spending. Meanwhile, JPMorgan has raised the likelihood of a U.S. recession this year. Jamie Dimon Maintains Recession Likely for US Economy JPMorgan Chase CEO Jamie […]
https://news.bitcoin.com/jamie-dimon-says-us-recession-still-on-the-horizon-as-jpmorgan-increases-forecast/

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Jamie Dimon Says US Recession Still on the Horizon as JPMorgan Increases Forecast – Economics Bitcoin News

JPMorgan Chase CEO Jamie Dimon reiterated his belief that a recession remains the most likely outcome for the U.S. economy.