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Shark Tank Star Kevin O’Leary Warns More US Banks Will Fail
1.8.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that more banks in the U.S. will fail as the Federal Reserve continues to hike interest rates. He stressed: “It will break down in the regional banks, which support 60% of the economy … We’ve started to see...
Cato Institute Experts: Dollarization ‘Protects Ordinary People’s Purchasing Power’
31.7.2023
According to Cato Institute experts, full dollarization of the Argentine economy helps to protect “ordinary people’s purchasing power” from corrupt politicians and “often subservient—or simply incompetent—central bankers.” The experts said the loss of seigniorage should...
Indian supreme court raps Union government on crypto rules delay: report
28.7.2023
The Supreme Court bench asked the union government to file a report on whether they are capable of setting up a federal agency to investigate crypto-related crimes
Economist Peter Schiff Advises ‘Get out of the Dollar’ — Says the USD Is Being Destroyed
28.7.2023
Economist Peter Schiff has warned that the Federal Reserve is wrong about its recession outlook, advising everyone to get out of the U.S. dollar. He stressed that the U.S. currency is being destroyed, emphasizing that it is losing purchasing power. “Rather than fighting inflation, the Fed fueled...
Why is Jerome Powell gaslighting us about the odds of recession?
27.7.2023
Economic data seems to indicate an economic slowdown is inevitable. So why is Fed Chairman Jerome Powell trying to gaslight Americans?
ECB Tightens Grip With 12th Consecutive Rate Hike; Lagarde Asserts ‘No Cuts’ Amid Lingering Inflation Concerns
27.7.2023
The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that inflation was down but still remained “too high for too long.” When ECB president Christine Lagarde was pressed about cutting rates by reporters, Lagard insisted the central bank was “not going...
Bitcoin, Ethereum Technical Analysis: BTC Closes in on $30,000 as Markets React to Latest Fed Decision
27.7.2023
Bitcoin edged closer to the $30,000 level on Thursday, as markets reacted to the Federal Reserve’s decision to hike interest rates. The Fed increased rates by 25 basis points, and have hinted that they could make an additional move in September. Ethereum neared the $1,900 level today....
Bitcoin Price Prediction: BTC Dips Nearly 3% in Response to Federal Reserve's 25 Basis Point Rate Hike
27.7.2023
Bitcoin's current trading price is 29,464, indicating a slight 0.50% increase on Thursday.
However, the cryptocurrency faced a notable dip of nearly 3% in the last seven days in response to the Federal Reserve's decision to raise the federal funds rate by 25 basis points.
Despite the economy...
Bitcoin Surpasses $29.6K After Fed's Rate Hike; CoinDesk Market Index Jumps 1.2%
27.7.2023
A few more Fed rate hikes are likely, but "the hardest work is done," one expert said
Federal Reserve Raises Federal Funds Rate by 25bps Amidst Moderate Economic Growth
26.7.2023
In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a handle on inflation. Fed Raises Benchmark Bank...
Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced – Time to Buy?
26.7.2023
Amidst the US Federal Reserve's latest policy meeting on Wednesday, Bitcoin price finds itself in a consolidation phase near the $29,300 mark.
The much-anticipated announcement revealed a 25 basis points (bps) increase in the policy rate, setting the federal funds rate within the range of 5.25%...
Federal Reserve Hikes Fed Funds Rate by 25 Basis Points
26.7.2023
The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central bank intends to continue tightening monetary policy
Bitcoin gets $28K 'plunge protection' with BTC price due new volatility
26.7.2023
Bitcoin traders are predicting flash BTC price moves despite almost unanimous market predictions as to what the Fed will do next
Economist Analyzes Challenges of BRICS Currency Competing With US Dollar
26.7.2023
An economist has shared her analysis of how a common BRICS currency could compete with the U.S. dollar. “You need foreign exchange reserves and you need the trust of the investment community,” she explained, noting that the only country in the BRICS economic bloc to carry such a reserve...
Worldcoin Officially Launches, Announces Orb Rollout Expansion in More Than 35 Cities
25.7.2023
Worldcoin, the decentralized biometric ID protocol, has officially launched, allowing users to reserve their share of WLD, the incentives-driven token of the protocol, that will be granted when confirming one’s identity using a biometric device called the “Orb.” In addition...
Debt is GOOD for Bitcoin?? Shocking insights revealed
25.7.2023
Cointelegraph analyst and writer Marcel Pechman explains why debt might be good for Bitcoin, and discusses JPMorgan’s method for trading debt instruments
Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July
25.7.2023
A 25 basis point rate hike on Wednesday is a foregone conclusion. The question is whether the Fed will continue to raise rates in subsequent months
EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says
24.7.2023
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements
Fresh Speculation Arises as US Federal Reserve Debuts FedNow Instant Payments Service
24.7.2023
The US Federal Reserve recently unveiled the FedNow Service system to facilitate instant payments; however, experts warn that the system might become a precursor to the infrastructure for a central bank digital currency (CBDC)....
Read More: Fresh Speculation Arises as US Federal Reserve Debuts...
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29K, With Key US Economic Events Looming
24.7.2023
Bitcoin neared a breakout below the $29,000 level on Monday, as traders prepared for this week’s Federal Reserve rate decision. In addition to the Fed meeting, consumer confidence data will also be released from the United States. Ethereum hit a three-week low. Bitcoin Bitcoin (BTC) was...