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Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’
30.10.2022
Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big recession” will take place in 2023. Speaking in an interview on Oct. 28, Hanke...
U.S. GDP Expands 2.6% in Third Quarter, Faster Than Expected; Bitcoin Steady
27.10.2022
Any growth in gross domestic product might be negative for the bitcoin market, since the Federal Reserve will have to keep raising interest rates to bring down inflation – typically bad for prices of risky assets
In Topsy Turvy Market Logic, Positive U.S. GDP Could Be Negative For Crypto
26.10.2022
Analysts estimate the U.S. economy rose 2% in the third quarter of the year, upending a streak of two straight quarters of contraction
New Report: Web3 Can Add $1.1 Trillion to India GDP
24.10.2022
The Web3 industry can add as much as $1.1 trillion to India’s GDP by 2032, a new report from the Indian tech industry association Nasscom has shown.
The massive value-add to the economy will come as India continues on its path as a leading global player for Web3, both on the development...
Web3 to inject $1.1T in India's GDP by 2032, following 37x growth since 2020
23.10.2022
The explosive Web3 growth in the country is supported by several factors, including a large talent pool, a high adoption rate and product development for global markets
Web3 Ecosystem to Add $1.1 Trillion to India’s GDP by 2032: Report
23.10.2022
India has emerged as a leading global player in the Web3 market, a new report by Nasscom states. Web3 investments in the country grew 37 times from the start of 2020 to Q1 2022 and $1.1 trillion in Web3 economic value is projected to be added to India’s GDP by 2032. India Emerges a Leading...
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’
17.8.2022
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP)...
Semantics? Analysts unpack 'technical recession' as crypto markets recover
29.7.2022
Cryptocurrency market analysts unpack the ramifications of consecutive quarters of negative GDP growth in America
3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’
28.7.2022
BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap
Market Wrap: Bitcoin Pushes Higher Despite Negative GDP Report
28.7.2022
Growth in the U.S. economy slows, the yield curve inverts but markets push higher anyway
Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth
28.7.2022
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2...
First Mover Americas: No Recession for Bitcoin as U.S. GDP Shrinks, Zipmex Files for Bankruptcy
28.7.2022
The latest price moves in crypto markets in context for July 28, 2022
GDP Falls Further in Q2, Fueling Talk of a Recession
28.7.2022
A widely used technical definition says that two consecutive quarters of negative GDP means the economy is in a recession
Bitcoin Awaits US GDP After Biggest Single-Day Gain in 6 Weeks
28.7.2022
With the Fed ditching forward guidance, data releases like GDP and inflation could inject more volatility into markets than ever
IMF global outlook suggests dark clouds ahead for crypto
27.7.2022
The IMF has forecast economic growth to slow from 6.1% last year to 3.2% in 2022, which some believe will have negative consequences for crypto
Biden Administration Accused of Propaganda and ‘Redefining’ a Recession’s Technical Definition
25.7.2022
After people have accused bureaucrats and government agencies of changing definitions during the last few years, Joe Biden’s administration now claims that a second consecutive quarter of negative gross domestic product (GDP) does not indicate the U.S. is in a recession. This is despite...
Ghana Ranked as Country With Second-Highest Debt Default Risk Globally
21.7.2022
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher...
Crypto community eyeing three macro events to tip crypto scales in July
5.7.2022
Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry
Ethereum price breaks out as 'bad news is good news' for stocks
24.6.2022
Ether has rebounded by nearly 40% in the last six days despite persistent "bull trap" risks
Report: The Metaverse Might Contribute $320 Billion to Latam’s GDP in the Next 10 Years
25.5.2022
A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge of $320 billion or an approximate 5% of its GDP, in the next 10 years....