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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...
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...
Ex-Trump Economist Joins ‘Crypto Central Bank’ After Failed Fed Bid
25.6.2019
Decentral aims to perform similar monetary functions for cryptocurrencies as the Federal Reserve does for the U.S. economy
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:...
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