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3232‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change
https://www.digit.info/next-round-of-bailouts-is-here-bitcoin-and-precious-metals-soar-amid-speculation-of-fed-policy-change/
Fri, 17 Mar 2023 20:30:38 +0000https://www.digit.info/2023/03/17/next-round-of-bailouts-is-here-bitcoin-and-precious-metals-soar-amid-speculation-of-fed-policy-change/Read more]]>At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets like PMs and […]
]]>US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision
https://www.digit.info/us-inflation-data-eases-concerns-crypto-economy-jumps-11-higher-while-market-analysts-anticipate-feds-next-decision/
Tue, 14 Mar 2023 17:30:40 +0000https://www.digit.info/2023/03/14/us-inflation-data-eases-concerns-crypto-economy-jumps-11-higher-while-market-analysts-anticipate-feds-next-decision/Read more]]>The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion have spread. Market strategists are further anticipating the U.S. central […]
]]>Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking
https://www.digit.info/silicon-valley-bank-failure-highlights-dangers-of-fractional-reserve-banking/
Sun, 12 Mar 2023 20:30:09 +0000https://www.digit.info/2023/03/12/silicon-valley-bank-failure-highlights-dangers-of-fractional-reserve-banking/Read more]]>After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what fractional-reserve banking is and why […]
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets like PMs and […]
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion have spread. Market strategists are further anticipating the U.S. central […]
After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what fractional-reserve banking is and why […]