Soaring Inflation Threatening Financial Stability

BitcoinNews.com is not investment advice.

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

Read more on bitcoinnews

Toward A Node World Order

“Toward a Node World Order” was originally published by Michael Goldstein on BitcoinTimes.io

Perpetual vigilance on the part of the citizens can achieve what a thousand laws and dozens of alphabetical bureaus with hordes of employees never have and never will achieve: the preservation of a sound currency.

— Ludwig von Mises, The Theory of Money and Credit[1]

Introduction

The primordial state of man is poverty. Nature is unforgiving in its scarcity of available means. On a fixed amount of land with a fixed amount of technology, there is a physical limit to the output of labor. As Hans-Hermann Hoppe observes:

Only one way exists for such a stationary…

Read more on bitcoinnews

Bitcoin Core Dev Warns Of “All Your Mempool Are Belong To Us” Attack, Steps Down From Lightning Network

The Lightning Network, a prominent scalability solution for Bitcoin BTC/USD, is currently under intense scrutiny following a series of security vulnerabilities disclosed by Antoine Riard, an open-source Bitcoin and Lightning developer.

Based on a discussion in the Linux Foundation’s official mailing list, these vulnerabilities have been identified as CVE-2023-40231, CVE-2023-40232, CVE-2023-40233 and CVE-2023-40234.

Riard’s cryptic reference to these vulnerabilities as “All your mempool are belong to us” has further intensified intrigue.

Riard believes that the Lightning Network is exposed to a new class of “replacement cycling attacks.”

Addressing these vulnerabilities, he suggests, might…

Read more on Benzinga

Crypto Analyst Foresees Bitcoin Breaking $70,000 Barrier Soon, But Only If This Happens

As the crypto market continues to evolve, prominent crypto analyst Kevin Svenson shared an optimistic outlook for Bitcoin BTC/USD.

What Happened: Svenson believes a significant price surge is on the horizon, potentially reaching a staggering $70,000.

In a YouTube video this week, Svenson pointed out that a pivotal resistance level, once converted into a support base, could trigger a massive uptick in Bitcoin’s price. This could result in an approximate 130% increase from its current standing. 

Svenson said he also anticipates a spike in Bitcoin’s volatility once the $32,000 resistance is transformed into a support level.

“Ultimately, once we do get above that $32,000 on that resistance…

Read more on Benzinga

Unraveling the Mystery: Six Candlestick Patterns Every Savvy Trader Should Recognize

Candlestick patterns are pivotal in predicting market swings. Discover the top six:

1. *Three Line Strike Bullish* (84% bullish reversal)

2. *Three Line Strike Bearish* (65% bearish shift)

3. *Three Black Crows* (78% bearish reversal)

4. *Matching Low* (61% bearish continuation)

5. *Abandoned Baby Bullish* (70% bullish swing)

6. *Two Black Gapping* (68% bearish continuation).

Equip yourself with these insights to navigate the trading seas.

Join @Coach on Telegramt.me/coach

LATEST: Google Search Reveals Soaring Interest in Spot Bitcoin ETFs

Bitcoin’s rise continues to make waves, and this time it’s catching the attention of Main Street investors. A recent analysis of Google search trends indicates a surging interest in Bitcoin ETFs. This comes as no surprise given the recent discussions around spot Bitcoin ETF approvals. The data reveals an increased curiosity from the general public and potential investors alike. This heightened attention suggests not only the growing acceptance of Bitcoin as an investment but also its potential integration into mainstream finance. As the crypto community eagerly awaits the next steps, one thing is certain: Bitcoin’s influence is expanding.

MicroStrategy vs. NASDAQ: The Tale of a Bold Bitcoin Investment and Its Stellar Returns

MicroStrategy’s strategic leap into Bitcoin has yielded astonishing results, with their holdings now well beyond the breakeven point of $29,574. As MSTR stocks soar with a 154% increase, they’ve almost mirrored Bitcoin’s own 152% rise, vastly outpacing the NASDAQ’s 22% growth. This bold move showcases the immense potential of cryptocurrency investments in today’s dynamic financial landscape.