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Economy

“Are we witnessing the beginning of de-dollarization?”

April 11, 2022

“…However, the long-term challenge for the U.S. will be to keep the crown on the U.S. dollar’s head as the leading global reserve/fiat currency. The unilateral sanctions of the West against Russia had the unintended consequence of raising inflation levels in Europe, East… Continue Reading…

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Cryptocurrencies

“More than $320 million stolen in latest apparent crypto hack”

February 3, 2022

“One of the most popular bridges linking the ethereum and solana blockchains lost more than $320 million Wednesday afternoon in an apparent hack. It is DeFi’s second-biggest exploit ever, just after the $600 million Poly Network crypto heist, and it is the largest attack to date… Continue Reading…

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Cryptocurrencies

“Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors”

January 26, 2022

“By the end of last year, the value of Hasten Carter’s cryptocurrency holdings had climbed to about $250,000. He moved to a nicer apartment, bought a new truck, and started thinking about pursuing his dream of a full-time career in… Continue Reading…

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Cryptocurrencies

“Dogecoin jumps 9% after Elon Musk says it can be used to buy Tesla merchandise”

January 14, 2022

“The price of dogecoin jumped more than 15% on Friday before paring gains after Tesla began accepting the cryptocurrency as payment for some merchandise. Early Friday, Tesla CEO Elon Musk said on Twitter that the electric carmaker’s merchandise can be purchased with dogecoin… Dogecoin… Continue Reading…

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Banking, Economy

“Turkey’s Central Bank intervenes as currency hits record low”

December 13, 2021

“The Turkish currency dipped to an all-time low Monday amid another anticipated interest rate cut later this week and after the S&P credit rating agency downgraded its outlook for Turkey. The Turkish lira plummeted to 14.75 against the U.S. dollar, prompting Turkey’s… Continue Reading…

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Cryptocurrencies

“…regulator’s blunt warning on bitcoin and other cryptocurrencies”

January 11, 2021

“The warning was prompted by firms “offering investments in cryptoassets, or lending or investments linked to cryptoassets, that promise high returns,” the Financial Conduct Authority said. The regulator said it had five concerns: Consumer protection, price volatility, product complexity, charges and… Continue Reading…

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Cryptocurrencies, Predictions, Opinions, & Comments

Cryptocurrency: Dogecoin Way Up

January 1, 2021

This is one of the cryptocurrencies I’m invested in. You can buy it on Robinhood which is the online broker I use. Anyway over the last few weeks the thing has went way up. The amount I had invested has… Continue Reading…

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Banking, Cryptocurrencies

“Visa and Coinbase team up to create crypto-backed debit card”

January 1, 2021

“…Visa today announced a debit card that will allow users to buy things using fiat money converted from cryptocurrency stored in online wallets. The new Coinbase Card it is directly tied to the a person’s cryptocurrency balance in digital wallets managed by… Continue Reading…

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Economy

“Yuan rises as US lifts China’s currency manipulator label”

January 14, 2020

“The Chinese yuan strengthened Tuesday to its highest level in more than five months as the United States removed China from its currency manipulator list. The US Treasury Department on Monday stripped away its designation of China as a currency manipulator, days… Continue Reading…

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Cryptocurrencies, Investing

“P2P Bitcoin Trading Volume in India Explodes Past All-Time High”

January 1, 2021

“Peer-to-peer Bitcoin trading platform Paxful recently recorded a record for BTC/INR. This past week, 53M INR was traded against BTC on the platform. The spike is a culmination of a clear uptrend since the beginning of this year — but… Continue Reading…

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