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Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
29.9.2023
The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare?
Economist Peter Schiff Warns of Biggest Bond Market Crash and ‘Unprecedented’ Financial Crisis
29.9.2023
Economist Peter Schiff has warned of an impending biggest bond market crash in U.S. history. “The coming economic and financial crisis will be unprecedented in size,” he added. “The stagflation nightmare will soon be a full-blown reality. Very few investors are actually prepared...
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 Prediction: MicroStrategy's Accumulation Reinforces Optimism as It Emerges as a Beacon in Lebanon's Crisis
26.9.2023
Bitcoin's price is slightly up at just above $26,200, while the overall crypto market has risen by 0.70% to a valuation of $1.05 trillion.
MicroStrategy's acquisition of $150 million worth of Bitcoin has boosted confidence in the digital currency market and its role as an economic salve. ...
Record $307 Trillion Global Debt Puts World Economy on Alert
21.9.2023
In the first half of 2023, global debt increased by $10 trillion, reigniting concerns about its impact on the world economy and the potential for a financial crisis, according to data released by the Institute of International Finance (IIF) on Tuesday.
The report disclosed that the overall debt...
Economist Peter Schiff Warns of ‘Tragic Ending’ and US Dollar Collapse — Says ‘Day of Reckoning Is at Hand’
20.9.2023
Economist Peter Schiff has warned that the U.S. economy is headed for a tragic ending. “We’re going to have a dollar crisis and a sovereign debt crisis,” he stressed, cautioning that the Federal Reserve is “going to print money until the dollar collapses.” He added: “I think...
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
JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis
18.9.2023
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds which led to the exchange being forced to hike withdrawal fees to battle a liquidity crisis
Binance.US exchange volume slumps amidst crisis
17.9.2023
On Sep. 16, exchange volume stood at $5.09 million on Binance.US amidst executive departures and ongoing regulatory scrutiny
Schiff Family Divide: Economic Doomsday vs. AI-Powered Prosperity
17.9.2023
While the gold bug and economist Peter Schiff insists the U.S. economy will experience a financial crisis of epic proportions, his son Spencer continues to espouse a diametrically opposed view of the future. Spencer Schiff is an ardent supporter of artificial intelligence (AI), and in recent times...
‘The State Destroys Wealth’ — Javier Milei on Argentina’s Inflation Crisis
17.9.2023
Argentina faces hyperinflation, with the annual inflation rate at its highest since the early ’90s. The country’s general election is set for next month, and economist Javier Milei is projected to win by a wide margin. In a recent interview with Tucker Carlson, Milei attributed...
Final Fantasy VII Rebirth Collector’s Edition Costs An Astounding $350
15.9.2023
During Sony’s latest State of Play on Thursday, Square Enix revealed a new gameplay trailer for Final Fantasy VII Rebirth, the next entry in its FF7 Remake trilogy. The game looks very good and I’m excited to play it. Also announced Thursday: A $350 Collector’s Edition of the game. I’m…less excited...
DeFi as a solution in times of crisis
14.9.2023
Bitcoin helped pioneer this new era, but the future envisioned by Satoshi Nakamoto requires our continued efforts
Economist Peter Schiff Warns of ‘Massive Crisis’ and a Rush to Exit US Dollar
14.9.2023
Economist Peter Schiff has warned of “a rush” to get out of the U.S. dollar. “There’s going to be a massive crisis,” he predicted, adding that “it’s going to send the economy into a tailspin and people are going to feel the economic pain.” Peter Schiff’s...
FTX Estate Sues Layerzero Labs for $85M Over Alleged Fraudulent Deals and Asset Withdrawals Amidst Collapse
11.9.2023
The bankrupt estate of cryptocurrency exchange FTX is suing blockchain company Layerzero Labs in an attempt to claw back a $45 million deal and over $40 million in withdrawals made in the days before FTX filed for bankruptcy. The lawsuit alleges that Layerzero exploited FTX’s financial...
Shark Tank Star Kevin O’Leary Warns of Emerging Financial Crisis, Bank Failures
6.9.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has sounded the alarm about an impending financial crisis. “We have a crisis emerging,” he warned, emphasizing that small business owners will be “cut off at the regional bank level.” He stressed: “You’re going to hear a...
Economist Peter Schiff Warns of ‘Full-Blown Financial Crisis’ Hitting US Economy Before Fed Reaches Inflation Target
27.8.2023
Economist Peter Schiff has warned about an impending “full-blown financial crisis” that he expects to hit the U.S. economy before the Federal Reserve reaches its inflation target. He further predicted that the financial crisis will force the Fed to raise its inflation target. Peter Schiff’s Latest...
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
26.8.2023
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been...
Curve Crisis Shows Pitfalls of Decentralized Risk Management
23.8.2023
Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk
BRICS Bank Could Issue Digital Currency for the Economic Bloc, Analyst Says
21.8.2023
A Trace Finance analyst has suggested that the BRICS nations could launch a single digital currency issued and regulated by the New Development Bank, also known as the BRICS Bank. He stressed that the U.S. is facing the biggest crisis in history. Many expect a common BRICS currency that would...