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Bitcoin, gold and silver are in a strong bull market: Veteran trader explains why
9.12.2024
1971 Capital chief investment officer Brian Russ says Ethereum is undervalued and that Bitcoin, gold and silver are in a long bull market
Strategic Bitcoin Reserve Speculation Grows: Initiatives Allegedly Greenlit by Four Nations
9.12.2024
David Bailey, CEO of BTC Inc. and advisor to President-elect Trump’s campaign, has revealed that four undisclosed nations have agreed to establish strategic bitcoin reserve initiatives, hinting at the future organization of a Bitcoin G7. Strategic Bitcoin Reserve Initiatives Allegedly...
Immoral and Unconstitutional: D.O.G.E. Advisor Ron Paul Calls for the Elimination of Foreign Aid
9.12.2024
Ron Paul, former presidential candidate and soon-to-be-appointed advisor to Elon Musk’s D.O.G.E., has called for the elimination of foreign aid, labeling it as immoral and unconstitutional. Vivek Ramaswamy, co-head of the department, agreed with Ron’s ideas, stating that it represents...
Russian Oil Chief Warns Gold Will Be US Dollar’s Biggest Rival
7.12.2024
Gold is emerging as a rival to the U.S. dollar in global trade, with sanctions driving change, according to a top Russian energy executive. Gold vs Dollar: The Ancient Rival Poised to Rewrite Global Settlements Igor Sechin, CEO of Rosneft, Russia’s largest state-owned oil company, highlighted...
Economist Jim Rickards on Trump’s Tariff Threats: ‘BRICS Already Has a Common Currency’
6.12.2024
Jim Rickards, an economist and best-selling author, has referred to the effects that the announced Trump tariff threat might have on the BRICS bloc. He explained that while the organization is not planning to issue a common currency, it already has one: gold. Jim Rickards States BRICS Doesn’t...
Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment Platform
5.12.2024
Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have a place in this institution. Putin Talks Digital...
Trump Effect: Yuan Continues Free Fall as Tariff Threats Grow
5.12.2024
The tariff threats from President-Elect Trump against countries with issues with the U.S. are negatively affecting these nations’ currencies. The Chinese yuan has experienced a continuous decline, causing it to hit its lowest price in the last 15 months. Trump Tariff Threats Take Chinese Yuan...
Peter Todd advocates for space miners: ’Economics might make sense’
3.12.2024
Though Todd denies it, an HBO documentary recently claimed he was the real Satoshi Nakamoto and inventor of Bitcoin
Prelude to Currency War? Trump Threatens 100% Tariffs to BRICS Countries Abandoning the ‘Mighty’ Dollar
1.12.2024
President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc replace the dollar. Trump to Close U.S. Markets...
BRICS Alliance Expands: Russia Confirms No Partner Declines
1.12.2024
BRICS expansion is progressing without setbacks, as no invited countries have declined partnership offers, with the finalized list expected before year-end, Russian officials confirm. BRICS Expansion Gains Momentum: No Declined Invitations Russia has confirmed that no countries have declined...
‘Point of No Return:’ BRICS Profiles Native Payments System for a ‘Global Majority’
30.11.2024
Sergey Ryabkov, deputy foreign minister of Russia and BRICS Sherpa, reinforced that the BRICS bloc had reached a point of no return in the process of adopting a native and independent payments system. Ryabkov stated that the plans had already been laid out and that states should “run with...
Ruble Plunges to New 2024 Low After US Imposes Sanctions Targeting Russian Banks
28.11.2024
The Russian ruble weakened after the U.S. imposed new sanctions on Russian banks. Europe Reduces Reliance on Russian Gas The Russian ruble fell to its lowest level since March 2022 after the U.S. imposed sanctions on 50 Russian banks, further disrupting the inflow of foreign currency into...
US National Debt Reaches $36 Trillion: What It Means for Bitcoin
27.11.2024
The U.S. Treasury Department recently reported that the national debt had surpassed the $36 trillion mark, reaching an all-time high. Analysts have spoken about the positive effects of a rising debt trend on bitcoin and how it would eventually trigger a devaluation of the U.S. dollar. U.S. National...
Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step
24.11.2024
Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate...
From Code to $100K: Why Bitcoin’s Milestone Matters to Economics
22.11.2024
In the crypto universe, bitcoin’s quest to hit $100,000 feels like reaching the climactic level in a video game—an epic showdown that embodies years of persistence, strategy, and transformation. The $100K Milestone: A Historic Moment in Free Market Economics When bitcoin (BTC) crosses...
Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets
22.11.2024
Russia has revealed that it will respond in kind to the actions of Western governments, which are preparing to make a $50 billion loan to Ukraine collateralized by frozen Russian assets, potentially escalating this conflict. Russia Preparing Retaliatory Move Involving Western Assets The government...
Trump Effect: China Considering Backpedaling on Bitcoin Policy
22.11.2024
Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump’s support for crypto. China...
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
20.11.2024
The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth
Coinbase CEO States Elon Musk’s D.O.G.E. Is a ‘Once-in-a-Lifetime Opportunity’ for Economic Freedom
19.11.2024
Brian Armstrong, CEO of the U.S.-based crypto behemoth Coinbase, has favored the future efforts of the Department of Government Efficiency (D.O.G.E.), using Musk’s and Ramaswamy’s ideas to trim the fat in state bureaucracy and cut state spending. Coinbase CEO Brian Armstrong Praises...
Bitcoin Mining Economics Improved in the First Half of November: JPMorgan
19.11.2024
The total market cap of the miners the bank tracks grew 33% since the end October, the report said