coinlocally exchange crypto

Day: March 14, 2023

Bitcoin surges past $24,000 on CME launch of BTC event contracts

Bitcoin surges past $24,000 on CME launch of BTC event contracts

Since the launch of Bitcoin futures on the CME, 550,000 contracts have been traded, and the introduction of BTC event contracts gives investors a less expensive way to trade their predictions of whether the price of Bitcoin will go up or down. The SEC rejected VanEck’s application for a spot Bitcoin trust, and Grayscale’s legal action against the SEC is still pending. News Sorce

Robert Kiyosaki Warns of 'Crash Landing Ahead' as Bailouts Begin — Advises Buying More Bitcoin

Robert Kiyosaki Warns of ‘Crash Landing Ahead’ as Bailouts Begin — Advises Buying More Bitcoin

Following the failures of Silicon Valley Bank and Signature Bank, Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has reiterated his advice to invest in bitcoin, gold, and silver. He cautioned that the Fed would continue to stoke the “sick economy” with “fake money” and urged investors to increase their holdings of gold, silver, and bitcoin. Depositors will have access to all of their money, and no related losses will be borne by taxpayers, according to a joint statement from the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury Department. Additionally, the Federal Reserve Board disclosed that it would provide additional funding to qualified depository institutions. News Sorce