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Analysts Link Silver Bull Market to Upcoming Macroeconomic Crisis
26.9.2024
Analysts from the Kobeissi Letter, a global capital markets commentary, have assessed that the behavior of silver, which is experiencing a larger bull market than gold, may forecast a significant upcoming macroeconomic crisis. According to Kobeissi, silver and gold could anticipate a similar...
Report: Central Bank Gold Demand Surges in July Amid Rising Prices
3.9.2024
Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan Gopaul, senior analyst, EMEA at the World Gold Council. The report highlights a 206% increase in net gold purchases compared to the previous month, driven...
DAOs cash out tokens amid rising prices: Strategic shifts unfold
16.4.2024
In the setting of the volatile market of digital currencies, it is time for many DAOs (Decentralized Autonomous Organizations) to collect funds by organizing token sales with the aim of improving their finances and devaluation of their tokens. This alteration in strategy is because many...
Eurozone Inflation to Remain Higher Than 2% Target in Next 2 Years, ECB’s Lagarde Admits
9.7.2023
Inflation in the eurozone has started to decline but the area’s monetary authority expects it to remain above its target in the next two years. The European Central Bank has to do more to bring it down, its governor commented on the backdrop of stable consumer expectations about rising prices...
Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance
24.6.2023
According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest point since the U.S. Federal Reserve began...
Bitcoin buyers drawn by rising prices, not dislike for banks: BIS report
15.11.2022
The Bank for International Settlements (BIS) studied the main motives behind Bitcoin adoption by retail investors
Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry
21.3.2022
During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to make ends meet, while reports further indicate retirees and older folks with fixed incomes...
Demand for Mining Hardware Spikes in Russia, Prices Rise
19.12.2021
The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines has multiplied exponentially while video cards have been in short supply leading...
Nordic Bitcoin Miners Face Double Challenge, But Industry Still 'Quite Optimistic'
5.10.2021
sis has already received widespread attention over the past month, with both natural gas and electricity prices soaring to new highs in a number of European countries.And although less impacted than countries further south on the continent, the rising prices are also felt in the Nordics, wher
5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away Bitcoin
20.5.2020
The number of bitcoin giveaway scams has been increasing rapidly amid rising prices of cryptocurrencies and deepening economic crisis worldwide. These scams claim that famous people are giving away bitcoin, such as Virgin Galactic Chairman Chamath Palihapitiya, Tesla CEO Elon Musk, and U.S....