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Bitcoin price loses steam, but futures markets forecast upside above $70K
14.5.2024
Bitcoin futures and options indicators remain stable even after BTC price swiftly rejected off the $63,500 level
First Mover Americas: Crypto Remains Resilient as Japan, UK Slip Into Recession
15.2.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Veteran Investor Jim Rogers on Crypto: Bitcoin Unlikely to Become Money, Governments Favor CBDCs
3.2.2024
In a new interview, Jim Rogers, who helms Rogers Holdings Inc. and was a co-creator of the Quantum Fund alongside George Soros in the 1970s, shared his observation of “various signs that something is going to go wrong soon” within the U.S. economy, predicting an impending recession....
Peter Schiff Says ‘Big Surprise’ Awaits in 2024 — Warns of Crash, Recession, High Inflation Returning With Vengeance
29.12.2023
Economist Peter Schiff has shared some predictions for 2024. “The big surprise in 2024 will not only be that the economy crashes into recession, but that high inflation returns with a vengeance,” he described. The technicals are breaking down for the U.S. Dollar Index, he added...
Economist Harry Dent’s Grim Prediction — 2024 Market Crash to Eclipse Great Depression
21.12.2023
In a recent interview with Fox News, renowned economist Harry Dent issued a dire prediction for the global economy, forecasting 2024 to be the year of the most significant financial crash in living memory. Citing a combination of overvalued markets, excessive stimulus spending, and artificial...
Economist Jim Rickards’ ‘Tumultuous’ and ‘Shocking’ Predictions: Global Recession and a New Banking Crisis to Ensue in 2024
20.12.2023
Jim Rickards, a famous economist and investment lawyer, has predicted a year of turmoil for global economies in 2024. According to Rickards, the U.S. Federal Reserve will be unable to pull off a soft landing scenario, prompting a global recession. Also, according to Rickards, a new banking crisis...
Treasury Secretary Janet Yellen Discusses US Economy, Recession Risk, Soft Landing
15.12.2023
U.S. Treasury Secretary Janet Yellen believes that inflation has come down meaningfully but there’s still further to go for the Federal Reserve to achieve its 2% inflation target. She noted that the central bank has two risks to manage. “One is that inflation doesn’t come down...
World Gold Council Anticipates Flat Performance In ‘Soft Landing’ Scenario
11.12.2023
The World Gold Council (WGC) is anticipating a flat demand for the precious metal in the expected case of a “soft landing” scenario. However, the institution states that a recession is still not off the table, given that the U.S. Federal Reserve has managed only to pull off two soft...
Vaneck Unveils 15 Crypto Predictions: Spot Bitcoin ETF Approvals, US Recession, BTC’s Historic Rally
10.12.2023
Asset management firm Vaneck has unveiled its 15 crypto predictions for 2024. They include the U.S. recession’s arrival, the approvals of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC), and bitcoin’s historic rally, “potentially...
JPMorgan CEO Jamie Dimon Warns of Higher Interest Rates and Recession — ‘I’m Not Trying to Scare People’
3.12.2023
JPMorgan Chase CEO Jamie Dimon has warned that something bad may happen in the U.S. economy. “I’m not trying to scare people. I’m more in the category that something could go wrong,” he stressed. “A lot of things out there are dangerous and inflationary. Be prepared …...
Adrian Day Warns of ‘Inevitable’ US Recession, Describes it as a ‘Freight Train Heading Towards Us’
15.11.2023
In a recent interview, Adrian Day, CEO of Adrian Day Asset Management, shared his insights, positing a looming economic downturn in the U.S. Day critically analyzed the Federal Reserve’s actions, explaining their expected impacts on the nation’s economy. Adrian Day: Recession Looms Like...
As Gold and BTC Rise Key US Equities Index Now Down By Over 10% from July 31 Peak
29.10.2023
The key U.S. equities index the S&P 500 has now declined by just over 10% from its July 31 peak on fears that the U.S. economy is headed for a recession. One expert characterized the index’s drop as the first correction since the market bottomed in the fourth quarter of 2022....
‘Magnificent seven’ tech stocks tumble a whopping $280B as crypto surges
26.10.2023
Google's parent company Alphabet was the worst performer on the day, falling 9.5% in a massive $180 billion wipeout
‘Bond King’ Bill Gross Predicts Q4 Recession: Loan Delinquencies and Regional Banks in the Crosshairs
24.10.2023
Bill Gross, revered as Wall Street’s ‘Bond King,’ foresees a recession clouding the U.S. economy by the year’s final quarter. He pinpoints the burgeoning issue of overdue car payments and the financial strains beleaguering regional banks as catalysts for the impending...
Economist Peter Schiff Warns of Deep Recession, Inflationary Depression, and Collapse of US Dollar Demand
22.10.2023
Economist Peter Schiff has warned of an inflationary depression, noting that inflation will stay higher for longer, leading to a more severe and prolonged recession. He predicted that the rapidly increasing national debt and federal budget deficits should lead to a collapse in demand for U.S....
Economists Warn Direct Iran-Israel War Could Trigger Global Recession
20.10.2023
Bloomberg’s economists have warned that a direct war between Iran and Israel could trigger a global recession. “Soaring oil prices and plunging risk assets would deal a substantial blow to growth, and take inflation a notch higher,” they said. “The wider the conflict spreads, the more...
Bitcoin Price Prediction as Analyst Says US Recession Can Be Avoided – Can BTC Reach $100,000?
16.10.2023
Recent price action in Bitcoin showcases the asset's volatility and susceptibility to market rumors. Earlier on Monday, Bitcoin surged from just under $28,000 to $30,000 in a matter of minutes.
This rapid climb was attributed to unconfirmed whispers on social media platforms that the US SEC...
Bitcoin price holds steady as S&P 500 plunges to 110-day low
27.9.2023
The S&P 500 dropped to a 110-day low as the market digests what “higher for longer” means for stocks. Will Bitcoin begin to chart its own path?
Bitcoin price at risk? US Dollar index confirms bullish 'golden cross'
26.9.2023
Concerns over the U.S. dollar's impact on Bitcoin may be overstated by investors, particularly in the longer term
Bitcoin investors are bullish on the US Fed’s $100B loss
18.9.2023
The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies