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Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review
30.4.2023
Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. All this and more...
Ethereum Price to Peak at $2,758 This Year, Then Fall to $2,342 by 2023’s End, Finder Experts Say
27.4.2023
A recent survey made public by the online comparison platform Finder.com has revealed the predictions of 32 professionals in the fields of fintech and cryptocurrency. The specialists have expressed their conviction that ethereum, the second largest digital asset by market capitalization, will...
Economist Warns of ‘Catastrophic’ Fall in American Living Standard — Elon Musk Weighs in on De-Dollarization, US Dollar Weaponization
26.4.2023
Economist Peter St Onge has warned that U.S. dollar weaponization will lead to “soaring inflation, a catastrophic fallen American standard of living, and a U.S. that falls off the world stage.” Commenting on the economist’s warnings, Tesla and Twitter CEO Elon Musk weighed in...
Bitcoin, Ethereum Technical Analysis: BTC Falls to $27,000 Ahead of US Consumer Confidence Report
25.4.2023
Bitcoin remained close to a four-week low on Tuesday, as prices fell to a support point around $27,000. The decline came ahead of this afternoon’s U.S. consumer confidence report, which is expected to fall from 104.2, to a reading of 104 in April. Ethereum was also lower, and approached...
Bitcoin, Ethereum Technical Analysis: ETH Falls Under the $1,900 Level to Start the Weekend
22.4.2023
Ethereum started the weekend trading below $1,900 for the first time in two weeks, as cryptocurrency markets continued to fall. The global market cap is down by close to 3% at the time of writing this. Bitcoin was also in red, as it moved closer to $27,000. Bitcoin Bitcoin (BTC) was in the red...
Ether Erases All Gains From Shanghai Rally as Bitcoin, Crypto Prices Fall
21.4.2023
The second largest cryptocurrency by market capitalization has dropped to its lowest since April 9, CoinDesk data shows
The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy
16.4.2023
Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers...
Bitcoin Price Outlook for April: BTC Hits $31,000, What Next?
14.4.2023
At the halfway point of April, bitcoin has risen beyond the $31,000 point for the first time in ten months. This rise in bullish sentiment comes as global inflation continues to fall, with many expecting central banks to soon pivot from current policies of monetary tightening. Current Market Status...
IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed
13.4.2023
When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (IMF) blog post has said. According to the authors of the blog post, the transition to a “cleaner economy in a budget-neutral way” could...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $30,000, Ahead of US Inflation Report
12.4.2023
Bitcoin consolidated around the $30,000 mark on Wednesday, as markets prepared for the release of the latest inflation report in the United States. Consumer prices in the U.S. are expected to fall to 5.2% in March, down from 6% the month prior. Ethereum also consolidated, dropping back below...
Dramatic Final Star Wars Jedi: Survivor Trailer Brings Cal Back To Coruscant
10.4.2023
Ahead of its April 28 launch, developer Respawn Entertainment shared one last look at Star Wars Jedi: Survivor, complete with a Stormtrooper force thrown directly into a TIE-fighter. It also showed off Cal’s return to Coruscant, his home before the Jedi were wiped out at the end of the Clone...
Mounting Trend of Challenges to USD Hegemony Reported: Saudi Arabia, BRICS; Ron Paul Weighs in on Potential Fall of Dollar as Reserve — Week in Review
9.4.2023
The United States dollar has been a hot topic in recent weeks, with multiple reported developments occurring globally which could signal significant moves toward de-dollarization in large economies. Former U.S. congressman Ron Paul also noted this week that if the USD’s influence as a reserve...
Ron Paul on the Fall of the US Dollar as Reserve Currency: ‘It’s Always Longer Than Some Predictions’
4.4.2023
Ron Paul, a former U.S. representative and member of the Libertarian Party, has addressed recent events directed to undermine the influence of the U.S. dollar as a reserve currency in international markets. Paul believes that even if this does happen, it will probably take more time than some...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Above $28,000 on Monday
3.4.2023
Bitcoin started the week consolidating above the $28,000 level, as markets prepare for a big week of U.S. economic data. The headline will be this Friday’s nonfarm payrolls, which are expected to fall to 238,000 jobs. Ethereum remains above $1,800 as of writing. Bitcoin Bitcoin (BTC) started...
While Biden and Trump Blame Each Other for Bank Failures, Others Believe the Cause Might Be a Management Issue
30.3.2023
The recent banking failures involving the fall of Silicon Valley Bank (SVB), Signature Bank, and Silvergate Bank, have high-profile government individuals trying to find a culprit. U.S. President Joe Biden and former President Donald Trump have publicly blamed each other’s policies for...
Ubisoft Is Skipping E3 2023 As The Show Continues To Fall Apart
27.3.2023
Ubisoft has confirmed that the company won’t be attending E3 2023 in Los Angeles this summer. This is a reversal for the publisher, as it confirmed last month that it would be attending the annual trade show. It now joins other large video game companies, like Microsoft, in skipping the upcoming...
Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’
26.3.2023
Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode, emphasizing that interest rates have to fall. He further stressed that the economy “will have a hard landing.” Barry Sternlicht on Hard Landing, Economic...
Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 to Start the Weekend
25.3.2023
Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading. Market uncertainty was high this week, as traders digested the latest Federal Reserve interest rate hike, as well as the on-going global banking crisis. Ethereum remains below...
Terra's LUNA Tokens Fall Steeply on Do Kwon's Alleged Arrest
23.3.2023
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
17.3.2023
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into...