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UBS Recommends Buying Gold Dips Amid Economic Uncertainty
12.6.2024
The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with...
Bitcoin return to $71K would wipe $1.38B shorts
8.6.2024
If Bitcoin returns to the price it has been hovering around for the previous two days before the slight dip, it would wipe a considerable amount of short positions
8 AI Chatbots Predict Precious Metals Year-End Prices: Gold at $2,800, Silver at $42
22.5.2024
In recent months, our newsdesk has been testing the use of artificial intelligence (AI) chatbots to forecast bitcoin prices by the end of 2024 at specific intervals throughout the year. This time, we’ve changed our approach by employing the same generative AI chatbots to project the year-end...
Federal Reserve holds interest rates steady amid economic uncertainty
2.5.2024
In a widely anticipated decision, the Federal Reserve kept interest rates unchanged during its latest policy meeting, citing ongoing economic uncertainty and the need for continued support amid challenging global conditions. Despite the significance of the decision, financial markets exhibited...
Crypto Experts Are Betting on This New Bitcoin Project As Crypto Prices Rebound – 100x Possible?
15.4.2024
Political and economic uncertainty may have investors trading cautiously but with Bitcoin’s halving on Friday set to revitalize what has been an already breakout year for crypto, one exciting new presale is getting a look-in: 99Bitcoins. Last Thursday, 99Bitcoins began a presale for...
Crypto VC funding tumbles as economic uncertainty scares off investors
21.7.2023
June rejected the three-month trend of rising venture capital investment into crypto, though that’s not necessarily a bearish signal
World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty
9.7.2023
On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.” According to WGC researchers and market strategists, central banks are “nearing the end of their...
2 Rate Hikes or Hold? Fed Predictions Vary From No Rate Hikes to 6% in 2023
3.7.2023
Based on projections from the U.S. Federal Reserve, it is anticipated that the central bank will implement two additional increases to the federal funds rate within the span of 2023. As indicated by Fed policymakers, they estimate the benchmark bank rate to fall within the range of 5.5% to 5.75%...
Rise in Salaries Paid in Bitcoin as Employees Opt for Crypto Amid Economic Uncertainty
30.6.2023
Human Resources industry executives have noted that employees are willing to receive their salaries in Bitcoin (BTC), given the current hyperinflation and political conundrum in many regions worldwide.
Recent bank failures and volatility among fiat money are shifting people to opt for stablecoins...
USDT market share jumps amid economic uncertainty, USDC shrinks
28.5.2023
Over the past year, Circle's USD Coin has seen its market share decline from 34.88% to 23.05%. Tether's USDT shows a contrasting picture
Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership
2.3.2023
On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer...
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
24.10.2022
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew...
Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty
6.7.2022
Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating the turmoil that...
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
Young Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll Finds
18.3.2022
As western sanctions increase the pressure on their country’s economy, many young Russians consider cryptocurrency to be a “reliable and profitable” investment option. According to a recent study, the share of Russian citizens who know about bitcoin has reached two thirds...
Home Crypto Mining Spikes in Brazil Amid Record High Unemployment
31.5.2021
With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than...
Bitcoin and Economic Uncertainty: Patience Is the Name of the Game
22.8.2020
The crypto market as a whole has made tremendous strides monetarily, even though Bitcoin’s price has so far failed to meet the lofty expectations
Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
16.4.2020
U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable...
Bitcoin Volume and Returns Remain Stable Amid Global Economic Uncertainty
11.4.2020
Bitcoin volume has the highest growth on Mondays across long-term horizons, while a similar effect is seen with returns
How to Hide Your Bitcoin – Opsec, Anonymity, Cold Storage, Brainwallet, Dexes and Non-Custodials
25.2.2020
In an era of increasing economic uncertainty, surveillance, specialized cybercrime and hacking, knowing how to hide bitcoin safely has become a paramount concern for crypto holders. Whether it’s by way of taking wise opsec measures, utilizing noncustodial tools, leveraging a DEX, or even...