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Ex-Fed Advisor Suggests US Is Already in a Recession as Airbnb Cautions on Economic Slowdown
7.8.2024
On Tuesday, following a sharp downturn the day before, the top five U.S. benchmark indices made a recovery. However, Airbnb, the prominent vacation rental company, reported that it does not foresee a strong third quarter due to a slowdown in demand, driven by ongoing economic concerns. Meanwhile...
Michael Saylor Advocates for US Bitcoin Reserve Strategy
6.8.2024
During a CNBC interview, MicroStrategy executive chairman Michael Saylor supported the idea of the US having a strategic…
Saylor says BTC strategic reserve is ‘Louisiana Purchase’ moment for US
6.8.2024
Michael Saylor previously forecasted that Bitcoin will reach approximately $13 million per coin by 2045
Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed
6.8.2024
Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September Federal Open Market Committee (FOMC) meeting. The...
Wharton Professor Calls for Emergency Rate Cut Following Market Downturn
6.8.2024
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market downturn. He emphasized the necessity of this cut and suggested another rate cut next month to align with the Federal Reserve’s targets on inflation...
Goldman Sachs Raises US Recession Risk to 25%
5.8.2024
Global investment bank Goldman Sachs has increased the likelihood of a U.S. recession within the next year to 25% from the previous 15%, although they maintain that the risk remains limited. Despite the recent rise in unemployment to its highest in nearly three years and a significant slowdown...
Following the Crypto Downturn, Market Observers Predict a 2020-Style Comeback
5.8.2024
Over the past 24 hours, as market values have declined significantly, many observers have begun discussing the current crypto market cycle and the potential for digital currency prices to recover. Data indicates that hundreds of billions of dollars have exited the crypto economy, but some believe...
Bitcoin on edge as economy falters: 10x report
5.8.2024
Findings from a 10x Research report reveal potential Bitcoin value drop below $50,000 amid US economic uncertainty, impacting the broader crypto market
Macroeconomics Expert Predicts Hard Landing for US Economy
4.8.2024
Despite recent positive economic indicators, investor and macroeconomics expert George Gammon foresees a hard landing for the U.S. economy. In an interview with Michelle Makori of Kitco News, Gammon pointed to several warning signs in the banking sector and the broader financial landscape. Banks...
Criminal at Bitcoin 2024, BTC Strategic Reserve Bill, and more: Hodler’s Digest, July 28 – Aug. 3
4.8.2024
Sen. Lummis introduces Bitcoin Strategic Reserve Bill, Bitfinex hacker shows up at Bitcoin 2024, and Trump Bitcoin sneakers: Hodler’s Digest
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
3.8.2024
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar and pay down national debt, aiming to position...
Sen Lummis bill gains swift support with 2,200 letters sent
3.8.2024
A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking
Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks
2.8.2024
Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time in its history, influenced by the U.S. Federal Reserve’s decision to leave interest rates unchanged, geopolitical risks, and...
Bitcoin as a Strategic Reserve
2.8.2024
Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis' proposals to create a strategic reserve for Bitcoin...
Digital Chamber urges US senators to support Lummis’ Bitcoin reserve bill
2.8.2024
The crypto advocacy group says it is hand-delivering letters to every US Senator explaining why Bitcoin would help the US secure its position as a world leader
Digital Chamber urges US senators to support Lummis’ Bitcoin reserve bill
2.8.2024
The crypto advocacy group says it is hand-delivering letters to every US Senator explaining why Bitcoin would help the US secure its position as a world leader
North Carolina lower chamber overturns governor’s veto of CBDC ban
1.8.2024
The bill received strong support in the General Assembly. Now the state Senate will consider overturning the veto
North Carolina lower chamber overturns governor’s veto of CBDC ban
1.8.2024
The bill received strong support in the General Assembly. Now, the state Senate will consider overturning the veto
US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve
1.8.2024
U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance sheet. The initiative seeks to position the U.S. as a leader in financial innovation by proposing...
Can Bitcoin price break out after Bank of England interest rate cut?
1.8.2024
This marks the bank’s first interest rate cut in over four years, with the last rate cut occurring in March 2020