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Michael Saylor ups BTC price forecast to $13M in mega-bullish keynote — Bitcoin 2024
26.7.2024
“Triple maxi” Bitcoin bulls could earn a net worth of $214 million by 2045, Saylor said
Latvia's economic shift: Minister of Economics on crypto law and blockchain innovations
25.7.2024
Latvia’s Minister of Economics Viktors Valainis shared insights on the country's vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy
Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Trump Talks Economic Plans and US Crypto Strategy With Bloomberg: ‘China’s Going to Have It—or Somebody Else’
17.7.2024
In a recent interview with Bloomberg Businessweek, former President Donald Trump outlined his economic vision, touching on topics such as taxation, tariffs, Federal Reserve Chair Jerome Powell, and cryptocurrency. Trump’s views and plans reflect his signature approach to economic policy...
China’s Economic Influence Noted by Majority in 35 Countries, Pew Survey Shows
16.7.2024
A Pew Research Center survey of 35 countries, published last week, highlights China’s significant economic influence, with perceptions varying by income level. The survey covers Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Czech Republic, Egypt, France, Germany, Ghana, Greece...
Tether Hires Chainalysis Talent to Bolster Economic Insight
15.7.2024
Tether, the company behind the stablecoin USDT, has appointed Philip Gradwell as its new Head of Economics. Gradwell previously worked for blockchain analytics firm Chainalysis for over six years. From Blockchain Analysis to Stablecoin Economics Gradwell, who spent over six years as Chief Economist...
Ultra Conservatism: A Hindrance to Africa’s Economic Progress and Development
15.7.2024
Many African countries have adopted an ultra-conservative approach when dealing with revolutionary innovations. However, this has largely left residents behind and stifled talent. As a result, many countries are no closer to attaining ambitious goals. Fear of the unknown has prevented leaders from...
Global Bond Market Alarm: 26 Countries Now Facing Inverted Yield Curves
13.7.2024
While the U.S. recently marked the longest period of inverted bond yields in history, surpassing two years, data indicates that a total of 26 countries now have an inverted yield curve. Investors and economists closely monitor yield curve inversions, as they have historically signaled an increased...
Will UK Economic Secretary follow through with a ‘crypto crackdown’?
12.7.2024
MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government
Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown
12.7.2024
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust...
Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges
10.7.2024
Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken with the U.S. President for over two years. “When any President calls...
Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence
9.7.2024
Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal...
Longest Yield Curve Inversion in US History Continues Past 2-Year Mark
8.7.2024
The 10-2 Year Treasury Yield Spread (I:102YTYS) has been inverted since July 7, 2022, marking the longest period of inversion in U.S. history at over two years, surpassing the previous record of 624 days set in 1978. An inverted yield curve occurs when short-term bonds yield more than their...
Project 2025: A Plan to Reform the US Federal Reserve and End Its ‘Monetary Dysfunction’
7.7.2024
According to “Project 2025,” initiated by the conservative think tank the Heritage Foundation, there is a strategy aimed at implementing conservative policies effectively within the first 180 days of the next U.S. Presidential Administration. An integral part of this plan, aside from...
Analysts Predict Second Trump Era Could Boost Gold Prices
7.7.2024
Despite a general downturn in crypto markets, gold has appreciated by 3% over the past five days, currently trading at $2,391 per ounce this weekend. Supporters of gold anticipate the precious metal will continue its strong performance in the latter half of 2024. Similar to predictions for bitcoin...
Crypto remittances in Venezuela surge as economic situation worsens
5.7.2024
Sanctions from the United States, spiraling inflation, and government corruption have created an economic nightmare for Venezuelans
How US job market slump could boost Bitcoin prices
5.7.2024
Bitcoin could rise due to a weaker job market, but Bitcoin ETFs are on track to their third consecutive week of net negative outflows
Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates
4.7.2024
According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic Instability and Inflation Keep Fed Rates Steady At...
IMF Advises US to Keep Interest Rates Steady Through Late 2024
4.7.2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest rates until late 2024. “Given those risks...