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Argentinian Senate Passes USD 45B IMF Debt Deal That Discourages Crypto Use
18.3.2022
The Argentinian Senate, the upper chamber of the country’s parliament, has voted to approve a USD 45bn debt deal with the International Monetary Fund (IMF) in a move designed to prevent Argentina’s default....
Read More: Argentinian Senate Passes USD 45B IMF Debt Deal That Discourages Crypto Use
Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million
18.3.2022
On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point...
Fed Can’t Stop Prices From Going Up Anytime Soon, But There’s Good News, Too
18.3.2022
Jeffery S. Bredthauer, Associate Professor Of Finance, Banking and Real Estate, University of Nebraska Omaha.____
The Federal Reserve has begun its most challenging inflation-fighting campaign in four decades. And a lot is at stake for consumers, companies and the U.S. economy....
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Freezing Russian Reserve Assets Marks End of Monetary Regime; Gold, Bitcoin to Rise – Arthur Hayes
17.3.2022
The world’s current monetary regime effectively ended with the freezing of Russian foreign reserves by Western governments on February 26. In the new era, central banks will no longer save reserves in Western fiat currencies -- instead, turning to gold and bitcoin (BTC) as their preferred...
Bitcoin & Crypto Market Rises After US Rate Hike, Future Role of US Dollar in Focus
17.3.2022
The price of bitcoin (BTC), ethereum (ETH), and most other cryptoassets moved higher today, after the US Federal Reserve (Fed) yesterday raised rates for the first time since 2018, and a discussion about bitcoin’s role in a future monetary regime re-emerged.
As of Thursday at 16:00 UTC,...
Elizabeth Warren Strikes Again, Ripple Promises XRP 1B in Grants + More News
17.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Elizabeth Warren Strikes Again, Ripple Promises XRP 1B in Grants + More News
Robert Kiyosaki Predicts End of US Dollar — Says War Giving Rise to Crypto as Safer Haven Than Fiat Money
17.3.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted the end of the U.S. dollar. Furthermore, he said that the Russian-Ukraine war has given rise to crypto as “a safer haven asset than government fake fiat money.” Robert Kiyosaki on War...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases
16.3.2022
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank...
Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018
16.3.2022
The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communicated to the market that it would do. (This is a developing story and...
Bitcoin Consolidates as Fed Starts Two-Day Meeting
15.3.2022
Bitcoin (BTC) trimmed some of its losses from earlier in the day on Tuesday as market participants turned their focus to the expected interest rate hike by the US Federal Reserve on Wednesday.
At 16:56 UTC, the price of BTC stood at USD 39,199, up a mere 0.7% for the past 24 hours and 3%...
Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
15.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
Elon Musk Says Tesla and Spacex See Significant Inflation Pressure — Confirms He Won’t Sell Crypto
15.3.2022
Tesla and Spacex CEO Elon Musk has revealed that his two companies are seeing significant inflation pressure in raw materials and logistics. He advised people to own physical things when inflation is high but stressed he will not sell his cryptocurrencies: bitcoin, ether, and dogecoin. Elon Musk...
Investors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected
14.3.2022
The U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Analysts and economists are hyper-focused on this key event, as the Russia-Ukraine conflict continues in Europe. If the Federal Reserve decides to increase the rate...
Web3 relies on participatory economics, and that is what is missing — Participation
13.3.2022
Web3 needs to reframe around participation in terms of technology, architecture, design and talent to achieve a decentralized internet
Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’
11.3.2022
Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming...
Cornell Professor: Crypto Industry Could Benefit From Biden’s Executive Order, Regulations Provide Legitimacy
11.3.2022
A Cornell University economics professor says that President Joe Biden’s executive order on the regulation of cryptocurrency could benefit the industry. “Ultimately what these sorts of regulations provide to the industry is legitimacy,” said the professor. Cornell Professor...
US Inflation for February Hits 7.9%, ECB Slows Asset Purchases
10.3.2022
US inflation numbers hit 7.9% in February, up from 7.5% the month before, and in line with expectations. Bitcoin (BTC) immediately jumped higher on the news, before later reversing lower again.
“The 12-month increase has been steadily rising and is now the largest since the period ending...
Bitcoin, Ethereum Slide, Liquidations Soar as Market Awaits US Inflation Numbers
10.3.2022
Bitcoin (BTC), ethereum (ETH), and much of the broader crypto market traded sharply lower today, with liquidations of leveraged long positions amplifying the price drop. The crash comes as the market prepares for yet another high US inflation figure, and follows a jump in prices yesterday after...
Robert Kiyosaki Says ‘We Are in Biggest Bubble in World History’ — Warns Government Will Seize All Cryptocurrencies
10.3.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has made some gloomy predictions about the economy and the future of cryptocurrency. Besides warning that we are in the biggest bubble in world history, Kiyosaki has predicted that the government will seize...
Eight More Women Accuse PlayStation Of 'Systemic Sexism'
10.3.2022
In November 2021 a class-action lawsuit was filed against PlayStation alleging “pay disparity, wrongful termination, and other instances of gender-based discrimination” at the company’s California offices. Sony has since sought to have the case thrown out, but now, more women have come forward with...