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Young Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll Finds

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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 of the population. Under Sanctions, Russians Consider Buying Property, Gold, and Crypto Financial and … Read more

Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million

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On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point to February 26, 2022, as the time in history when the “Petro Dollar / Euro … Read more

Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases

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On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage and further noted the Fed anticipates … Read more

Investors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected

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The U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Analysts and economists are hyper-focused on this key event, as the Russia-Ukraine conflict continues in Europe. If the Federal Reserve decides to increase the rate by a quarter percentage point … Read more

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