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Crypto Market Values Nosedive Amid Global Market Meltdown, Widening Default Risks
20.9.2021
Crypto markets have dropped a great deal in value over the last 24 hours as crypto assets across the board have lost anywhere between 7-15% in value during this time period. The overall market valuation of all 10,000+ crypto-assets in existence has slid just below the $2 trillion handle, losing...
An NFT Storm Brewing for OpenSea as FTX's New Platform 'a Month Away'
20.9.2021
on-solana-meltdown-nfts">told Bloomberg that the exchange has a “robust framework,” and is therefore “set up for an easy expansion” – specifically to include NFTs minted externally.The exchange already allows their users to mint and list NFTs, but the next goal is to enable them to bring
Fetch.ai (FET) ignores the Bitcoin-led market meltdown by notching a 60% gain
8.9.2021
FET price spiked by 60% in an otherwise red market thanks to a growing number of real-world use cases and protocol upgrades
Peak 2021 Is Already Here as Schiff and Musk Go into Eggplant Twitter Meltdown
23.2.2021
Peter Schiff. Source: a video screenshot, Youtube, Peter Schiff
The bitcoin (BTC) arch-skeptic Peter Schiff and crypto man-of-the-moment Elon Musk have come to virtual blows on (you guessed it) Twitter in a war-of-words over BTC...and vegetable emojis.
Yes, 2021 has just out-2021ed itself,...
Snowden Recalls His Bitcoin Comment Made During the Coronavirus-Driven Meltdown in Crypto Market
7.12.2020
The famous American whistleblower, Edward Snowden, took to his Twitter account once again to talk about bitcoin. This time around, he confirmed on December 7, his call on the bottom that the crypto reached on March 12, 2020. Snowden Remembers His Call on Bitcoin’s Bottom in March 2020 Edward...
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...
First Mover: Amid Economic Meltdown, Bitcoin Is Winning as ‘No Value’ Buffett Eats Crow
5.5.2020
Bitcoin is beating stocks this year, but it's also crushing the shares of Berkshire Hathaway, whose billionaire CEO said in February that the cryptocurrency had "no value."
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak
3.5.2020
During the last two months, the global economy has shuddered and a great number of people still attribute the financial meltdown to the Covid-19 outbreak. However, during the last two weeks, the blame has shifted, as many citizens are now blaming the government lockdowns, overly-predictive models...
After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
21.4.2020
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system...
Oxford Law Says World Needs Crypto Regulation to Prevent Financial Meltdown
20.4.2020
Oxford law researchers say crypto regulation is needed for preventing traditional financial markets from systemic risk
US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say
31.3.2020
The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President...
After BitMEX Meltdown, Should Shorting Be Banned on Crypto Exchanges?
22.3.2020
Many countries in Europe banned short selling after the global financial crisis, should crypto exchanges do the same after Bitcoin’s recent 50% drop?
Crypto Market Meltdown Continues as Bitcoin Price Drops Below $5,000
13.3.2020
Today’s historic 50% correction shows that volatility within traditional markets continues to negatively influence Bitcoin’s price
Erik Voorhees: Within Five Years There Will Be a Major Financial Meltdown and Crypto Will Be Ready
18.2.2020
When ShapeShift implemented KYC requirements, Erik Voorhees lost 95 percent of his users. But he remains as committed to crypto as ever
Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns
10.1.2020
The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. Historically low interest rates this time might not...
Do You Know the Newspeak of the Looming ‘NIRP’ Economic Meltdown?
1.11.2019
Negative and zero interest rate policy (NIRP and ZIRP) are becoming a new global norm. Endless printing of paper money is said to make economies stronger, while everyday individuals are seeing their savings worth less and less. These policies were traditionally viewed as last ditch, temporary...
Repo Market Meltdown Shows Bitcoin’s ‘Systemic’ Stability: Caitlin Long
26.9.2019
Bitcoin is systemically more stable than traditional finance, argues Wyoming Blockchain Coalition president Caitlin Long in the wake of the recent repo market unrest
Verge Price Analysis: XVG Price Is Trading Towards A Further Meltdown
16.8.2019
Verge is a cryptocurrency, focused on privacy and anonymity. XVG coin has faced the heat of bear pressure in the volatile crypto market like most other altcoins. The bears have been successful in continually pushing the price of Verge coin in the lower range as can be seen from the chart where...
More Signs the Next Big Financial Crisis May Begin in Germany
3.8.2019
Germany, the locomotive of Europe’s huge economy, is entering a difficult period, various indicators suggest. And when the Federal Republic sneezes, the Old Continent usually catches cold. This time, Germany may infect the rest of the world as well. An economic and financial crisis there...