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Currency War Erupts as US and China Bring Out the Big Guns
6.8.2019
What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...
US Federal Reserve Launching Payment System, Crypto Bulls Nonplussed
5.8.2019
The U.S. Federal Reserve is planning to release a real-time payment and settlement service in order to boost the payments infrastructure in the country
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
25.7.2019
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...
US, EU and Japan Could Trigger ‘Cold Currency War’ by Debasing Fiat
24.7.2019
The world’s major central banks are waging war to determine who can make their respective fiat currency weaker. With the likelihood of even more money printing and negative interest rates ahead, people need to be ready to see the value of their money evaporate and the price of everything else...
Crypto Bullishness Spreads on Capitol Hill
21.7.2019
U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments...
Market Outlook: Crypto Bulls Rally After Bearish Downturn
18.7.2019
Since July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-to-bearish trend. BTC and a slew of other...
Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear
10.7.2019
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most...
Fed Chair Says Facebook Needs to Satisfy Regulatory Concerns Regarding Libra
10.7.2019
The chair of the Federal Reserve said Facebook needs to address a number of concerns thoroughly and carefully before it can move forward with Libra
Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society
10.7.2019
It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference...
Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up
2.7.2019
Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. The situation also calls into question the long-term trajectories of other, less...
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
1.7.2019
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive...
Deutsche Bank: ‘Aggressive’ Central Banks Making Bitcoin More Attractive
26.6.2019
A dovish U.S. Federal Reserve is one of the reasons for the recent surge of bitcoin prices, according to Deutsche Bank lead strategist
Facebook Talked to the Fed About Libra Coin, Chairman Powell Says
19.6.2019
Fed chair Jerome Powell was asked about Facebook's Libra cryptocurrency during a press conference Wednesday
Markets Update: Crypto Prices Sink Lower Finding New Support Levels
9.6.2019
On June 9, digital currency markets have been meandering along in a consolidated manner after the slight downturn this afternoon. At the moment, the entire cryptocurrency market is around $243 billion, but global trade volume has dropped from $80 billion on June 5 to $56 billion this weekend. Also...
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
6.6.2019
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India...
Markets Update: Cryptocurrency Prices See a Slight Correction
4.6.2019
Cryptocurrency prices have corrected over the last 24 hours as most digital assets have dropped in value between 6-10% since June 2 at around 6:45 p.m. EST. At press time the entire cryptoconomy is valued at $250 billion with about $80.5 billion in global trades in the last day. Also read:...
Aussie Govt. Employee Charged for Mining Cryptos for Personal Gains
22.5.2019
An Aussie govt. employee has been charged for mining cryptos by modifying govt. computers for his personal gains. The name of the person has not been revealed yet. This person has been accused of mining cryptos that were worth more than AU$9,000 (US$6,184) for his own gains. The Australian Federal...
After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter
19.5.2019
When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t...
Boston Fed Announces Plans To Design a Blockchain ‘Supervisory Node’
10.5.2019
The Boston Federal Reserve is close to launching their own private supervisory node