Russia Denies Buying $10 Billion in Bitcoin, Telegraph Story Fake News

Russia is not planning to buy $10 billion in bitcoin this quarter, according to an official with the Russian State Duma. Elina Sidorenko, chair of the Duma’s cryptocurrency group, says the rumors are nonsense. “This statement has no common sense,” Sidorenko told ForkLog. “The Russian Federation — like any other country in the world — is simply not The post Russia Denies Buying $10 Billion in Bitcoin, Telegraph Story Fake News appeared first on CCN

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Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely

Renowned economist, author of the “Death of Money,” Jim Rickards says the markets just “got the cue” they need. The U.S Federal Reserve (FED) is now unlikely to raise interest rates again without significant warning. That’s a green light for the stock markets and indeed the cryptocurrency market. Powell's use of "patient" on Friday was The post Here’s Why FED Gives Markets Green Light, Further Rate Hikes Unlikely appeared first on CCN

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Market Bloodbath – Recession Impending or Regularly Scheduled Programming?

Everything, almost literally everything, is down this year just in time for Christmas. The DOW, NASDAQ, S&P 500, and the majority of the crypto markets are all bleeding out day after day, with Bitcoin seeming to be walking down the stairs back to $3,000 and some analysts predicting sub-$2000 levels in the near future. In The post Market Bloodbath – Recession Impending or Regularly Scheduled Programming? appeared first on CCN

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