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US to establish Bitcoin tax-free zone for digital economy growth
8.8.2024
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar's global dominance
Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation
7.8.2024
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this year due to a decrease in public investment in infrastructure. Additionally, FUNDE claimed that the purchasing power of Salvadorans is being affected by rising inflation...
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...
Bitcoin Bull-Bear Market Cycle signals potential bear market — analyst
6.8.2024
Bitcoin fell to a low of approximately $49,000 following market turmoil brought on by the Bank of Japan's rate hike and the Federal Reserve's inaction
Justin Sun denies liquidation rumors amid market turmoil
5.8.2024
Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified
Over $1B wiped out in crypto liquidations as global markets suffer
5.8.2024
Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations
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
6 Indicators of Economic Trouble: Is a US Recession on the Horizon?
5.8.2024
At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to $2.09 trillion since July 29. Recently, discussions have intensified around the likelihood of an impending U.S. recession, with a soft...
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...
Bitcoin price loses $60K, but a maturing Wyckoff signal gives hope
4.8.2024
The bullish outlook appears despite the ongoing Bitcoin sell-off, which is being led by the growing risks of a recession in the United States
Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report
3.8.2024
Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the crypto economy fell by 5.82% to reach $2.2...
U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%
2.8.2024
Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
2.8.2024
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin
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
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
1.8.2024
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports the bank’s plans to foster the digital economy. VASP...
How Tron’s upgrades are reshaping the digital economy: Report
31.7.2024
Tron outperforms the altcoin market with groundbreaking developments and robust metrics. Our comprehensive report provides a closer look at Tron’s advancements
Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike
31.7.2024
The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said
Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops
31.7.2024
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers...
Bitcoin price closes in on all-time high as political and TradFi tone and tenor shift
29.7.2024
BTC price rallied as an improved regulatory outlook in the US and a series of improvements in the Bitcoin ecosystem altered investor expectations