Bookmarking Crypto Insights
Auto Added by WPeMatico
Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star billionaire Mark Cuban is facing a class action lawsuit for allegedly promoting a “massive Ponzi scheme.” In other news, JPMorgan CEO Jamie Dimon thinks “something … Read more
Inflation surprises keep coming, while the European central bank refuses to rule out even higher numbers in future. Go to Source Powered by WPeMatico
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP) is estimated to drop by 4.2% this year and Russia’s inflation won’t be as elevated as … Read more
At 10.1% inflation, the United Kingdom joins 2 billion people around the world suffering as price rises erode people’s purchasing power. Go to Source Powered by WPeMatico
Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. Paul insists that the U.S. economy’s “collapse will come,” and he further stressed that “debt has to be liquidated.” ‘End the Fed’ Evangelist Ron … Read more
Two new proposals for a new common currency to be established in Latam have been made recently. Former Brazilian president and candidate Luis Inacio Lula Da Silva mentioned the idea in May, and the president of the Colombian Congress, Roy Barreras, mentioned the same idea during the inauguration of president Gustavo Petro earlier this month. … Read more
SOL price gained 75% in the past two months, but technical analysis suggests it could be an elaborate bull trap. Go to Source Powered by WPeMatico
Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, Managing Directors of Private Clients at Swan Bitcoin Go to Source Powered by WPeMatico
The global economy is tumbling, but we might be able to find some hope in cryptocurrencies. Go to Source Powered by WPeMatico
This past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block subsidy halving is expected to occur on or around April 20, 2024, as there are less than 91,000 bitcoins left to mine until that point. … Read more