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Pro Bitcoin traders are uncomfortable with bullish positions
22.7.2022
BTC derivatives used by whales and market makers do not support a continuous price recovery above $24,000
Rich Dad Poor Dad’s Robert Kiyosaki Warns Inflation May Lead to Greater Depression
22.7.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the current inflation may lead to a “Greater Depression.” He added that real estate is crashing and foreclosures are up 700% from last year. Robert Kiyosaki’s Depression Warnings...
Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor
21.7.2022
Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a channel that would enable...
Ghana Ranked as Country With Second-Highest Debt Default Risk Globally
21.7.2022
According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher...
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’
20.7.2022
Following the recent U.S. consumer price index report that indicated inflation in America has reached a 40-year high, many expect the Federal Reserve to hike the benchmark interest rate by 75 to 100 basis points (bps) on July 26. Blackstone’s Private Wealth Solutions expects the Fed to raise...
Bitcoin and Hard Assets Will Win as Inflation Rises, Novogratz Says and Sees BTC at USD 500K
20.7.2022
Bitcoin (BTC) and other hard assets will rise strongly in price as the world continues down a path of prolonged and high inflation, argued Mike Novogratz, founder and CEO of major financial services and investment management firm Galaxy Digital.
Speaking at the Bloomberg Crypto Summit on Tuesday...
The Fed Is Upside-Down on Inflation and That's a Big Risk
19.7.2022
NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
19.7.2022
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: NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
Sub-$22K Bitcoin looks juicy when compared to gold’s market capitalization
18.7.2022
BTC’s market cap is way smaller than gold's, but the percentage of Bitcoin held by institutional investors suggests that the current pricing reflects an excellent discount
Report: Bank of Spain Worried About Inflation and Its Consequences in Latam
18.7.2022
The Bank of Spain has issued a new report about the performance of Latam economies during the first six months of the year. The document states that the current inflationary development that several countries of the region have can lead to institutional instability, even as the region is still...
COVID-19 is the Biggest Threat to Markets in the Next Decade - FTX CEO
18.7.2022
Sam Bankman-Fried (SBF), founder and CEO of major crypto exchange FTX, argues that the world didn't learn many lessons from the COVID-19 outbreak, which is the biggest issue that could potentially threaten the markets in the next 5 to 10 years....
Read More: COVID-19 is the Biggest Threat...
BTC miners 'finally capitulating' — 5 things to know in Bitcoin this week
18.7.2022
Bitcoin rebounds strongly off the weekly close, but for BTC miners, it may be a case of "too little too late."
White House Reporter Says Inflation Has Become ‘Biden’s Political Nightmare’ as Critics Slam Government Spending
17.7.2022
While the latest Bureau of Labor Statistics Consumer Price Index (CPI) report indicates U.S. inflation has continued to print perpetual new highs, U.S. president Joe Biden is losing ground on his climate bill. The Biden administration’s recent budget negotiations and tactics toward dealing...
‘World War III Has Begun,’ Says Gerald Celente; Plus, Long-Term BTC Predictions and Scorching US Inflation — Bitcoin.com News Week in Review
17.7.2022
Trend forecaster Gerald Celente told Bitcoin.com News that “World War III has begun,” weighing in on Covid-19, crypto, the Great Reset, and gold in an exclusive interview. Jordan Belfort, aka the Wolf of Wall Street, talked long-term BTC investing, as scorching inflation in the U.S....
Billionaire Thomas Peterffy Plans to Buy Bitcoin Despite Concerns BTC Could ‘Become Worthless or Outlawed’
17.7.2022
Billionaire Thomas Peterffy, founder of Interactive Brokers, says he plans to buy more bitcoin if the price of the cryptocurrency hits $12K. However, he remains concerned that bitcoin could “become worthless or outlawed.” Thomas Peterffy on the U.S. Economy and Bitcoin Billionaire...
11 Celsius, Bitcoin Forecasters, Hot Inflation, Threatened Three Arrows and 20 Crypto Jokes
16.7.2022
Yet another week passed by. This time, we had Celsius Network enacting Chapter 11 bankruptcy protection and Elon Musk terminating his agreement to buy Twitter as the company vowed to fight back. Meanwhile, a panel said bitcoin could fall to USD 13,676 this year, some survey respondents said BTC...
Bitcoin is now in its longest-ever 'extreme fear' period
15.7.2022
Seventy days of straight "extreme fear" shows no end in sight as Bitcoin price action stays wedged around $20,000
Two Bitcoin price prediction polls, same outcome: $10K BTC is coming
15.7.2022
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
15.7.2022
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says...
Following Terra’s Lehman Moment, What’s Next for the Market?
15.7.2022
Adi Ben-Ari is the Founder and CEO of data security specialist Applied Blockchain.
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The collapse of TerraUSD and Luna in May, and the associated tailspin in the crypto market, have prompted observers from both within the decentralized finance (DeFi) space and externally to ask the...