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Nalezeno "US economy": 1918

Balaji Srinivasan Highlights China’s Dedollarization and Envisions Post-Dollar Economy

20.5.2024
Balaji Srinivasan, former CTO of Coinbase, recently shared his insights on the global economy and the future of the U.S. dollar on social media. He discussed the concept of dedollarization, suggesting that China and other countries are moving away from U.S. debt and investing in gold instead....

China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets

18.5.2024
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury...

Ghana, Singapore conduct trade in semi-fungible token pilot project

17.5.2024
Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing

Can Bitcoin transform the future of work in the digital Gig economy?

14.5.2024
Bitcoin was the first ever digital currency to accomplish value transfers, excluding the intervention of central authority, which otherwise incurred doubled expenses. Bitcoin’s most coveted blockchain technology, which underlies the transaction mechanisms, makes this a possible phenomenon. Such...

AI could screw gaming economy, The Voice Coach Battle, Axies: Web3 Gamer

14.5.2024
AI could help small gaming firms, but it might also unleash a wave of crap. Plus we review addictive new Axie game Duet Monsters. Web3 Gamer

Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost Innovation

11.5.2024
Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller...

Inside Crypto's 'KOL' Economy: Influencer-Investors Get Special Treatment in Token Deals

9.5.2024
Paid shills are nothing new to crypto. Now they're on the cap table, driving growth for protocols and leaving retail traders in the dark

$SWEAT token joins Bitvavo, Boosting Movement Economy

9.5.2024
A landmark in the world of cryptocurrency was reached when Bitvavo, the well-known and regulated Sweat Economy of Europe, revealed that $SWEAT – the original Sweat Economy token – is their inclusion. This latest Bitvava trading platform improvement offers new chances for development...

Rwandan central bank proceeds with ambitious retail CBDC project

8.5.2024
The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy

Sui collaborates with FanTV to power global Creator Economy

8.5.2024
Sui has announced one of the potential breakthroughs in the Creator Economy. Sui has partnered with FanTV to power this initiative by leveraging the proceeds that enter their collective ecosystem. FanTV currently houses a community of more than 1.5 million members. Each benefit generated by...

Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep. 332

8.5.2024
Backpack CEO Armani Ferrante talked about taking a long, winding path toward Solana and establishing Anchor, creating the Backpack super app, the future of the crypto economy, and why it will be ten times better. The post Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep....

Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes

7.5.2024
Amid a cooling U.S. economy and potential Fed rate reductions, Bitcoin's price spikes to $64,000, highlighting its safe-haven appeal. The post Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes appeared first on Cryptonews

Bitcoin mining revenue hits post halving yearly low

6.5.2024
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024

Peter Schiff Declares Bitcoin in Bear Market Amid US Economy’s Stagflation Reality

2.5.2024
Economist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that stagflation is not merely a future prospect...

Best Crypto to Buy Today April 29 – Wormhole, Sei, Helium

29.4.2024
Major cryptocurrencies are trading with a bearish bias on Monday as traders consider the possibility that the US economy is slipping into “stagflation”, which would typically be bearish for risk assets, and so traders hunting for the best crypto to buy today are turning to altcoin markets...

Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar

28.4.2024
This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk of Market Intervention The yen’s sharp drop...

Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression

28.4.2024
Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators. Kiyosaki asserts that a soft landing for...